Interested Shares definition

Interested Shares means Shares that are beneficially owned by:

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedBook a Demo

Interested Shares means Voting Stock with respect to which any of the following persons may exercise or direct the exercise of the voting power:

Interested Shares means shares of the Trust that are beneficially owned by:

Examples of Interested Shares in a sentence

• For the avoidance of doubt, Interested Shares shall be treated in the same manner in connection with such authorization as Shares acquired in a Control Share Acquisition for which no authorization is approved by Shareholders, as provided in the following sentence.

• At any such meeting, such authorization shall be considered prior to any other matter that is subject to a Shareholder vote, and such authorization shall require the affirmative vote of the holders of a majority of the Shares entitled to vote generally in the election of Trustees, excluding Interested Shares.

• Such authorization shall require the affirmative vote of the holders of two-thirds of all of the Shares entitled to vote on this matter, excluding Interested Shares.

• Interested Shares shall be disregarded for determining a quorum and shall not be entitled to vote with respect to such authorization.

• The acquiring person may make the proposed control share acquisition only if (a) at a meeting at which a quorum is present, a majority of the voting power entitled to vote in the election of directors represented (in person or by proxy) at such meeting and a majority of such voting power excluding "Interested Shares," authorize the control share acquisition and (b) such acquisition is consummated, in accordance with the terms 28 31 so authorized, within 360 days following such authorization.

More Definitions of Interested Shares

Interested Shares means the shares of an issuing public corporation in respect of which any of the following persons may exercise or direct the exercise of the voting power of the corporation in the election of directors:

Interested Shares means the shares of an issuing public corporation in respect of

Interested Shares means all outstanding shares of capital stock of the Corporation entitled to vote generally in the election of directors that are beneficially owned by any Person or Persons that is the direct or indirect Beneficial Owner of more than five percent (5%) of the aggregate voting power of the Corporation.

Interested Shares means the shares of the Company in respect of which any of the following persons may exercise or direct the exercise of the voting power of the Company in the election of Directors;

Interested Shares means Shares that are Beneficially Owned by: (i) any Person who has acquired or proposes to acquire Beneficial Ownership of Shares in a Control Share Acquisition; (ii) any officer of the Trust; or (iii) any employee of the Trust or the Trust’s investment adviser who is also a Trustee of the Trust. For the avoidance of doubt, any Person whose voting rights in connection with a Control Share Acquisition are subject to a Shareholder vote at a meeting of Shareholders pursuant to Section 16.3 shall be deemed to hold Interested Shares with respect to any Shareholder vote at such meeting on voting rights in connection with a Control Share Acquisition by any other Person.

Interested Shares means the shares of a covered corporation beneficially owned by any of the following persons:

Interested Shares means the shares of an issuing public corporation