Common use of Ownership of Company Securities Clause in Contracts

Ownership of Company Securities. Shareholder agrees that it will not, and will cause any member of the Shareholder Group not to, prior to the Exchange Date, purchase a number of voting securities of the Company that would result in Shareholder or the Shareholder Group directly or indirectly owning, holding or controlling with the power to vote twenty (20) percent or more of the aggregate voting power of the outstanding voting securities of the Company (taking into account for purposes of such calculation any differences in voting rights between different classes of the Company’s voting securities and calculated based on the information on the number of outstanding voting securities of the Company provided in the Company’s most recent quarterly report on Form 10-Q or annual report on Form 10-K under the Exchange Act).

Appears in 4 contracts

Samples: Forward Agreement, Forward Agreement (2017 Mandatory Exchangeable Trust), Forward Agreement (2017 Mandatory Exchangeable Trust)

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