current ownership definition
current ownership of The Coca-Cola Company means that entity’s direct and indirect beneficial ownership of no more than an aggregate of 168,956,718 shares of the Company’s common stock (including shares of the Company’s common stock issuable upon the exercise, exchange or conversion of securities exercisable or exchangeable for, or convertible into, shares of the Company’s common stock), the aggregate number being subject to adjustment for subsequent stock splits or dividends payable in stock that are applicable to all shares of the Company’s common stock.
current ownership means the Person or Persons who, as of the date of this Agreement, collectively own and control, directly or indirectly, legally and beneficially, at least 50% of the outstanding Capital Securities of the Borrower having voting rights in the election of directors in normal circumstances.
current ownership of The Coca-Cola Company means that entity’s direct and indirect beneficial ownership of no more than an aggregate of 168,956,718 shares of the Company’s common stock
More Definitions of current ownership
current ownership of The Coca-Cola Company means that entity’s direct and indirect beneficial ownership of no more than an aggregate of 168,956,718 shares of the Company’s common stock (including shares of the Company’s common stock issuable upon the exercise, exchange or conversion of securities exercisable or exchangeable for, or convertible into, shares of the Company’s common stock), the aggregate number being subject to adjustment for
current ownership. The current smelter is owned by Iberian Smelting SL. 90% owned by CRM Synergies and 10% owned by a private individual.
current ownership. The Property is owned by 33 Delaware limited liability companies (each, a “TIC,” and collectively, the “TICs”) through a tenant-in-common structure. Each of the TICs filed a voluntary petition for relief under Chapter 11 of the United States Bankruptcy Code on July 31, 2015 (collectively, the “Chapter 11 Cases”) with the United States Bankruptcy Court for the Northern District of California (the “Bankruptcy Court”). The lead bankruptcy case number for the Chapter 11 Cases is 15-42359 WJL. TRANSACTION BACKGROUND: Recapitalization of the Property in accordance with a Chapter 11 reorganization plan (the “Chapter 11 Plan”), as confirmed by the Bankruptcy Court. The TICs, pursuant to an exchange under 26 U.S.C. § 721, will roll up into a successor limited liability company (the “Rollup LLC”). As part of the exchange and in accordance with the Chapter 11 Plan, the TICs will convey 100 percent of the fee simple interest in the Property to a special purpose entity (“SPE”). The SPE will be a limited liability company whose membership interest is owned, directly or indirectly, by Rollup LLC. Virtua (or its designee) will be manager of the Rollup LLC and SPE. Both the Rollup LLC and SPE will be manager- managed subject to: (a) approval of decisions relating to sale, encumbrance, or disposition of the Property by holders of at least a majority of their membership interests; and (b) any terms or conditions required by Colony Capital Acquisitions, LLC (“Colony”) in connection with the Replacement Mortgage Loan (as defined below).