Maximum Voting Percentage definition

Maximum Voting Percentage means 30% of the Voting Power of the Company.
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Maximum Voting Percentage shall have the meaning set forth in the Stockholders Agreement.
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Maximum Voting Percentage has the meaning assigned to it in the Series C Certificate of Designation.
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Examples of Maximum Voting Percentage in a sentence

  • The Maximum Voting Percentage shall not restrict Televisa from making, either alone or as part of a group, an offer permitted by Section 8.3(b) of the Investment Agreement and acquiring Shares pursuant thereto.

  • Any exceptions to the Maximum Voting Percentage, including in the case of the vote with respect to a Change of Control referenced in clause (b) above, shall require prior approval by the Board.

  • Any shares held in excess of the Maximum Voting Percentage shall be voted in proportion to the votes cast by all other shareholders.

  • Notwithstanding the foregoing, nothing contained herein shall be deemed to limit or restrict in any way the right of the Televisa Investors, at any time and from time to time, to convert their shares of Class T-2 Common Stock into shares of Class T-1 Common Stock up to the Maximum Voting Percentage.

  • In the event Aquavista fails to pay any periodic or installment payment due hereunder, FDI may immediately cease work without breach pending payment or resolution of dispute.

  • The Company acknowledges, represents, warrants and agrees that, assuming the accuracy of the representations made by an Investor herein, and after giving effect to the purchase of the Purchased Shares hereunder, no Investor will be issued more than its Maximum Committed Percentage and Maximum Voting Percentage in any Drawdown Closing.

  • Without limiting the foregoing provisos, following the acquisition by a Strategic Buyer of a majority of the voting Common Stock and equity of the Company, the Maximum Voting Percentage may be further increased to the extent mutually agreed by the Strategic Buyer and Televisa.

  • Any issuance of Subject Securities or Other Securities to the Televisa Investors pursuant to the Participation Right shall be structured so as to comply with applicable U.S. Laws and to comply with the Maximum Voting Percentage and the Maximum Equity Percentage.

  • Notwithstanding the foregoing, nothing contained herein shall be deemed to limit or restrict in any way the right of the Televisa Investors, at any time and from time to time, to convert their non-voting shares of Common Stock into voting shares of Common Stock up to the Maximum Voting Percentage.


More Definitions of Maximum Voting Percentage

Maximum Voting Percentage means such percentage as would, in the event of a Significant Shareholder or any of its affiliates subsequently acquiring one additional Voting Ordinary Share, result in a Significant Shareholder or any of their respective affiliates being required to make a mandatory offer for the Company under Rule 9 of the Takeover Code;
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Maximum Voting Percentage means 39.9% of the Maximum Voting Power of the Company.
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Maximum Voting Percentage means (a) a percentage equal to (i) the FCC FO Voting Cap minus (ii) the Restricted Class S-1 Voting Percentage; provided, however, that notwithstanding the foregoing, the Maximum Voting Percentage shall in no event exceed the lower of (x) the FCC Individual FO Voting Cap and (y)
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Maximum Voting Percentage means 5% of the Voting Power.
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Related to Maximum Voting Percentage

  • Voting Percentage means, as to any Lender, (a) at any time when the Commitments are in effect, such Lender’s Pro Rata Share and (b) at any time after the termination of the Commitments (including as a result of the occurrence of the Term Conversion Date), the percentage (carried out to the ninth decimal place) which (i) the sum of (A) the Outstanding Amount of such Lender’s Loans (including for purposes of this definition, such Lender’s risk participation in outstanding Swing Line Loans), plus (B) such Lender’s Pro Rata Share of the Outstanding Amount of L/C Obligations, then constitutes of (ii) the Outstanding Amount of all Loans and L/C Obligations; provided, however, that if any Lender is a Defaulting Lender, then such Lender’s Voting Percentage shall be deemed to be zero percent (0%), and the respective Pro Rata Shares and Voting Percentages of the other Lenders shall be recomputed for purposes of this definition and the definition of “Required Lenders” without regard to such Lender’s Commitment or the Outstanding Amount of its Loans and L/C Obligations, as the case may be.

  • Class C Percentage means at any time the percentage equivalent of a fraction, the numerator of which is the Outstanding Amount of the Class C Notes and the denominator of which is the sum of the Outstanding Amount of all the Notes.

  • Class B-2 Percentage As to any Distribution Date, except as set forth in the next sentence, the percentage calculated by multiplying (i) the Subordinated Percentage by (ii) a fraction, the numerator of which is the Class B-2 Principal Balance (determined as of the Determination Date preceding such Distribution Date) and the denominator of which is the sum of the Principal Balances of the Classes of Class B Certificates eligible to receive principal distributions for such Distribution Date in accordance with the provisions of Section 4.01(d). Except as set forth in Section 4.01(d)(ii), in the event that the Class B-2 Certificates are not eligible to receive distributions of principal in accordance with Section 4.01(d)(i), the Class B-2 Percentage for such Distribution Date will be zero.

  • Class B Percentage Any one of the Class B-1 Percentage, Class B-2 Percentage, Class B-3 Percentage, Class B-4 Percentage, Class B-5 Percentage or Class B-6 Percentage.

  • Class B-6 Percentage As to any Distribution Date, except as set forth in the next sentence, the percentage calculated by multiplying (i) the Subordinated Percentage by (ii) a fraction, the numerator of which is the Class B-6 Principal Balance (determined as of the Determination Date preceding such Distribution Date) and the denominator of which is the sum of the Principal Balances of the Classes of Class B Certificates eligible to receive principal distributions for such Distribution Date in accordance with the provisions of Section 4.01(d). Except as set forth in Section 4.01(d)(ii), in the event that the Class B-6 Certificates are not eligible to receive distributions of principal in accordance with Section 4.01(d)(i), the Class B-6 Percentage for such Distribution Date will be zero.