Aggregate Voting Power definition

Aggregate Voting Power means, with respect to any Shareholder or group of Shareholders, the total voting power of the total number of Shares (as determined on a Common Equivalents basis) entitled to vote generally in the election of the Company’s Directors that are “beneficially owned” (as such term is defined in Rule 13d-3 of the Exchange Act) (without duplication) by such Shareholder or group of Shareholders as of the date of such calculation.
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Examples of Aggregate Voting Power in a sentence

  • Notwithstanding anything to the contrary in this Section 5(a), the Maximum Percentage may be exceeded if, and solely to the extent that, the Aggregate Voting Power is or will be increased solely as a result of a repurchase of any Voting Securities by ▇▇▇▇▇▇▇ or any of its subsidiaries or any other change in Michael's capitalization or by reason of the issuance of stock options by ▇▇▇▇▇▇▇ to any of the Shareholders pursuant to any stock option plan maintained by ▇▇▇▇▇▇▇.

  • Notwithstanding anything to the contrary in this Section 4(a), the Maximum Percentage may be exceeded if, and solely to the extent that, the Aggregate Voting Power is or will be increased solely as a result of a repurchase of any Voting Securities by Mich▇▇▇ ▇▇ any of its subsidiaries or any other change in Michael's capitalization or by reason of the issuance of stock options by Mich▇▇▇ ▇▇ any of the Shareholders pursuant to any stock option plan maintained by Mich▇▇▇.

  • Notwithstanding anything to the contrary, any action taken by the Board of Directors on any matter shall require (x) at least fifty percent (50%) of the directors present and voting in favor of such action to be Grodan Directors and (y) for so long as ADI holds 51% of the Aggregate Voting Power, at least fifty percent (50%) of the directors present and voting in favor of such action to be ADI Directors.

  • So long as Grodan holds less than 50.1% of the Aggregate Voting Power, Grodan and ADI shall alternate appointing the Chairman of the Board annually.

  • The Company's Board of Directors (the "Board") shall consist of seven (7) members; provided that so long as Grodania A/S and any Affiliates of Rockwool International A/S which shall hold shares of Common Stock hold less than 50.1% of the Aggregate Voting Power, the Board of Directors shall consist of six (6) members, three (3) of whom shall be nominated by Grodan (the "Grodan Directors") and three (3) of whom shall be nominated by ADI (the "ADI Directors").

  • So long as ADI holds a majority of all of the issued and outstanding voting stock of the Company (the "Aggregate Voting Power"), ADI's auditors shall also be the Company's auditors.

  • So long as ADI holds at least thirty percent (30%) of the Aggregate Voting Power, at least two (2) members of the Board of Directors shall be nominated by ADI.

  • Name of Beneficial owner Title of Class of Stock Amount and Nature of Beneficial Ownership Percentage of Outstanding Class of Stock Percentage of Aggregate Voting Power of Class A Common Stock and Common Stock (1) Percentage of Aggregate Economic Interest of Class A Common Stock and Common Stock(2) Magnolia Capital Fund, L.P. (3) Class A Common 580,558 50% Boulderado Partners, LLC (4) Common Class A Common 3,893,623 580,558 66.66% 50% 55.57% 63.89% ▇▇▇▇ ▇.

  • So long as ADI holds at least fifteen (15%) of the Aggregate Voting Power, at least one (1) member of the Board of Directors shall be nominated by ADI.

Related to Aggregate Voting Power

  • Total Voting Power means, with respect to any Person, the total number of votes which may be cast in the election of directors of such Person at any meeting of stockholders of such Person if all securities entitled to vote in the election of directors of such Person (on a fully diluted basis, assuming the exercise, conversion or exchange of all rights, warrants, options and securities exercisable for, exchangeable for or convertible into, such voting securities) were present and voted at such meeting (other than votes that may be cast only upon the happening of a contingency).

  • Combined Voting Power means the aggregate votes entitled to be cast generally in the election of the Board of Directors, or similar managing group, of a corporation or other entity by holders of then outstanding Voting Securities of such corporation or other entity.

  • Voting Power means such number of Voting Securities as shall enable the holders thereof to cast all the votes which could be cast in an annual election of directors of a company.

  • Total Current Voting Power means, with respect to any entity, at the time of determination of Total Current Voting Power, the total number of votes which may be cast in the election of members of the board of directors of the corporation if all securities entitled to vote in the election of such directors are present and voted (or, in the event the entity is not a corporation, the governing members, board or other similar body of such entity).

  • Aggregate Voting Interests The aggregate of the Voting Interests of all the Certificates under this Agreement.