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.
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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.
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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
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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
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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 Virtua Partners, LLC Term Sheet |Met Center 15 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).
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Related to current ownership

  • Joint Ownership - (also known as equity JVs) means the establishment by two parent companies of a child company for a specific task within which both parent companies invest in order to overcome the limited capabilities vested within them in order that they can both benefit from the combined investment.

  • Common ownership means the same or substantially similar persons or entities that maintain a

  • Ownership means, for purposes of this definition, control of more than a 50% interest in an entity.

  • Equity Ownership means the percentage ownership and control, exercised by individuals within an enterprise.

  • Constructive Ownership means ownership of Shares by a Person, whether the interest in the Shares is held directly or indirectly (including by a nominee), and shall include interests that would be treated as owned through the application of Section 318(a) of the Code, as modified by Section 856(d)(5) of the Code. The terms “Constructive Owner,” “Constructively Owns” and “Constructively Owned” shall have the correlative meanings.

  • Ownership Change means a change in a hospital’s owner, lessor, or operator under 42 CFR 489.18(a).

  • Ownership Change Event means the occurrence of any of the following with respect to the Company: (i) the direct or indirect sale or exchange in a single or series of related transactions by the stockholders of the Company of securities of the Company representing more than fifty percent (50%) of the total combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of Directors; (ii) a merger or consolidation in which the Company is a party; or (iii) the sale, exchange, or transfer of all or substantially all of the assets of the Company (other than a sale, exchange or transfer to one or more subsidiaries of the Company).

  • home business means a business, service or profession carried out in a dwelling or on land around a dwelling by an occupier of the dwelling which —

  • Subject Company shall have the meaning set forth in Section 6.10(a).

  • Real Estate Business means homebuilding, housing construction, real estate development or construction and the sale of homes and related real estate activities, including the provision of mortgage financing or title insurance.

  • Ownership Percentage with respect to any Member means the percentage of ownership of a Member determined by taking the total Capital Units held by such Member divided by the aggregate total number of issued and outstanding Capital Units.

  • Company Subsidiaries means the Subsidiaries of the Company.

  • Company Business means the business of the Company and its Subsidiaries as presently conducted.

  • Joint Ventures means the joint venture or partnership or other similar arrangements (other than between the Company and the Operating Partnership) in which the Company or the Operating Partnership or any of their subsidiaries is a co-venturer, limited liability company member, limited partner or general partner, which are established to acquire or hold Investments.

  • Business entity means a natural or legal person, business corporation, professional services corporation, limited liability company, partnership, limited partnership, business trust, association or any other legal commercial entity organized under the laws of this State or of any other state or foreign jurisdiction;

  • consortium or joint venture means an association of persons for the purpose of combining their expertise, property, capital, efforts, skill and knowledge in an activity for the execution of a contract;

  • Acquired Company means any business, corporation or other entity acquired by the Company or any Subsidiary.

  • Oil and Gas Business means the business of exploiting, exploring for, developing, acquiring, operating, producing, processing, gathering, marketing, storing, selling, hedging, treating, swapping, refining and transporting hydrocarbons and carbon dioxide and other related energy businesses, including contract drilling and other oilfield services.

  • Change of Ownership means a change in the individual or legal organization that is responsible for the operation of a nursing facility. Change of ownership does not include changes in personnel, e.g., a change of administrators. Events that change ownership include, but are not limited to, the following:

  • Ownership Share means, with respect to any Subsidiary of a Person (other than a Wholly Owned Subsidiary) or any Unconsolidated Affiliate of a Person, the greater of (a) such Person’s relative nominal direct and indirect ownership interest (expressed as a percentage) in such Subsidiary or Unconsolidated Affiliate or (b) such Person’s relative direct and indirect economic interest (calculated as a percentage) in such Subsidiary or Unconsolidated Affiliate determined in accordance with the applicable provisions of the declaration of trust, articles or certificate of incorporation, articles of organization, partnership agreement, joint venture agreement or other applicable organizational document of such Subsidiary or Unconsolidated Affiliate.

  • Company Joint Venture means any corporation or other entity (including partnership, limited liability company and other business association) that is not a Company Subsidiary and in which the Company or one or more Company Subsidiaries owns an equity interest (other than equity interests held for passive investment purposes which are less than 5% of any class of the outstanding voting securities or other equity of any such entity).

  • Company Subsidiary means a Subsidiary of the Company.

  • Ownership Threshold means, with respect to any Person, Beneficial Ownership of the greater of (A) 15% of the Common Shares at any time outstanding or (B) the percentage of the outstanding Common Shares Beneficially Owned by such Person on the date of this Rights Agreement, plus in the case of this clause (B) 1% of the Common Shares outstanding on such date.

  • CNS means central nervous system.

  • Farmworker Household means a household of one or more persons wherein at least one member of the household is a Farmworker at the time of initial occupancy.

  • Smoker and nonsmoker mortality tables means mortality tables with separate rates of mortality for smokers and nonsmokers.