Controlled Shares definition

Controlled Shares in reference to any person means all shares of the Company directly, indirectly or constructively owned by such person as determined pursuant to Section 958 of the Code.
Controlled Shares in reference to any person means:
Controlled Shares in reference to any Person means: (i) all capital shares of the Company that such Person is deemed to own directly, indirectly or by attribution (within the meaning of Section 958 of the United States Internal Revenue Code of 1986, as amended) and (ii) all capital shares of the Company directly, indirectly or beneficially owned by such person within the meaning of section 13(d) of the United States Securities Exchange Act of 1934, as amended (the "Exchange Act") (including any shares owned by a "group" of persons as so defined and including any shares that would otherwise be excluded by section 13(d) of the Exchange Act).

Examples of Controlled Shares in a sentence

  • Stockholder has the sole right to vote the shares, if any, listed as Controlled Shares on SCHEDULE A hereto.

  • The RCH Sub and RCH have all requisite corporate power and authority to transfer and deliver such Interest to XL and the XL Sub in the manner provided in this Agreement, and upon delivery of the Interests pursuant to the terms of this Agreement, XL or the XL Sub will receive good and marketable title thereto, free and clear of any and all Adverse Interests (subject to the provisions of ALRE Bye-Law 52 (Limitation on voting rights of Controlled Shares (as such term is defined in the ALRE Bye-Laws))).

  • The Significant Stockholder has not appointed or granted any proxies, which appointments or grants are still effective, with respect to the Controlled Shares.

  • Upon any transfer effected pursuant to Section 2, the XL or XL Sub (or such other transferee designated by XL or the XL Sub) shall receive good and marketable title thereto, free and clear of any and all Adverse Interests (subject to the provisions of ALRE Bye-Law 52 (Limitation on voting rights of Controlled Shares (as such term is defined in the ALRE Bye-Laws)).

  • In applying the previous sentence, where Common Shares held by more than one Shareholder are treated as Controlled Shares of a Tentative 9.9% Holder, the reduction in votes shall apply to such Shareholders in accordance with their Attribution Percentages.


More Definitions of Controlled Shares

Controlled Shares in reference to any Person means (i) all capital shares of RenaissanceRe such Person is deemed to own directly, indirectly or by attribution (within the meaning of Section 958 of the Code) and (ii) all capital shares of RenaissanceRe directly, indirectly or beneficially owned by such Person (within the meaning of section 13(d) of the Exchange Act).
Controlled Shares of any Person means all Common Shares owned by such Person, whether:
Controlled Shares of any Person means all Common Shares and shares of any other class or classes of shares of the Company conferring voting rights owned by such Person, whether: (i) directly; (ii) with respect to Persons who are U.S. Persons, by application of the attribution and constructive ownership rules of Sections 958(a) and 958(b) of the Code; or, (iii) beneficially owned directly or indirectly within the meaning of Section 13(d)(3) of the Exchange Act, as amended, and the rules and regulations thereunder;
Controlled Shares in reference to any person means all Shares that such person is deemed to own directly, indirectly (within the meaning of Section 958(a) of the Code) or, in the case of any U.S. Person, constructively (within the meaning of Section 958(b) of the Code).
Controlled Shares means, in reference to any person, all Shares that such person owns or is deemed to own directly, indirectly (within the meaning of Section 958(a)(2) of the Code) or constructively (within the meaning of Section 958(b) of the Code and Treasury Regulations promulgated thereunder and under Section 957 of the Code).
Controlled Shares of any Person means all shares of the issued and outstanding share capital of the Company owned by such Person, whether:
Controlled Shares in reference to any person means all shares of the Company directly, indirectly or constructively owned by such person as determined pursuant to Section 958 of the Code and Treasury Regulations promulgated thereunder and under Section 957 of the Code;