Common Equity Interest definition
Examples of Common Equity Interest in a sentence
The Outstanding Common Equity Interest of the Company represented by the A Voting Trust consists of the number of shares of Common Stock that were issued in the A/B Merger upon the conversion of at least 90% of the outstanding common stock of A.
Following the foregoing contribution described in Section 2.1, the Operating Partnership will own a Common Equity Interest (as such term is defined in the Company Operating Agreement) in the Company in the amount of $130,000,000.00.
At each applicable Delivery Date, other than the Preferred Equity Interest, the Common Equity Interest and the CP General Partner Interest, there are no outstanding partnership interests in Cove Point.
If the Series A Nominating Stockholder (together with its Permitted Affiliates) is on such date the holder of at least 10% but less than 25% of the Outstanding Common Equity Interest of the Corporation, four (4) Series A Nominated Directors shall have been identified to the Board by the Series A Nominating Stockholder for nomination to the Board and two (2) Outside Directors shall have been nominated by the Board.
If the Series A Nominating Stockholder (together with its Permitted Affiliates) is on such date the holder of at least 25% but less than 35% of the Outstanding Common Equity Interest of the Corporation, five (5) Series A Nominated Directors shall have been identified to the Board by the Series A Nominating Stockholder for nomination to the Board and one (1) Outside Director shall have been nominated by the Board.