Combined Voting Power definition
Examples of Combined Voting Power in a sentence
For the avoidance of doubt, nothing contained herein shall prohibit any member of the Trian Group or any Affiliate or Associate of the Trian Group from acquiring more than the Maximum Percentage of the Combined Voting Power of Company Voting Securities.
Each member of the Trian Group covenants and agrees that it will not purchase or cause to be purchased, or otherwise acquire, Beneficial Ownership of Company Voting Securities that would increase the aggregate Beneficial Ownership of Company Voting Securities by the Trian Group to such number of Company Voting Securities that represents or possesses greater than the Maximum Percentage of the Combined Voting Power of Company Voting Securities.
Neither Venture Partner shall directly or indirectly assist, solicit, encourage or induce any person to bid for or acquire outstanding Voting Securities of the other Venture Partners in excess of 5.0% of the Combined Voting Power of the Voting Securities of the other Venture Partner.
Unless this Agreement specifically provides for earlier or later termination with respect to any particular right or obligation, this Agreement shall terminate if the ▇▇▇▇ Group shall, at any time (in compliance with this Agreement), sell or otherwise dispose of or otherwise cease to own Company Voting Securities such that the ▇▇▇▇ Group beneficially owns in the aggregate Company Voting Securities representing less than 2% of the Combined Voting Power of all Company Voting Securities.
Article III shall automatically terminate with respect to any Stockholder at such time as such Stockholder ceases to Beneficially Own 5% or more of the Combined Voting Power as of the record date for a stockholders’ meeting.