Ownership Limitations definition

Ownership Limitations means the restrictions on transferability and ownership described in Article IV of the Certificate of Incorporation, specifically, that ownership of more than 7.5% of the value of the outstanding shares of Capital Stock of the Company, including the Series C Preferred Stock, is restricted.
Ownership Limitations means the limitations on Transfers, Beneficial Ownership and Constructive Ownership (each as defined in the Company’s charter) of shares of Capital Stock contained in the Company’s charter, as amended from time to time.
Ownership Limitations means the restrictions on ownership and transfer of Common Stock contained in the Memorandum of Association of Original Pubco, as amended, and, at any time that the Common Stock of Pubco is listed on the Toronto Stock Exchange, any applicable restrictions under the TSX Rules, including restrictions on (i) becoming an “Insider” (as defined in TSX Rules) of Pubco until the Toronto Stock Exchange has approved a personal information form or waived the requirement therefor or (ii) an exchange that would "materially affect control" (as defined in the TSX Rules) of Pubco until the Pubco has complied with the TSX Rules.

Examples of Ownership Limitations in a sentence

  • To avoid doubt, the calculation of the Beneficial Ownership Limitations shall take into account the concurrent exercise or conversion, as applicable, of the unexercised or unconverted portion of any other securities of the Company (including, without limitation, any other Common Stock Equivalents) beneficially owned by the Holder or any Attribution Party, as applicable.


More Definitions of Ownership Limitations

Ownership Limitations means the restrictions on ownership and transfer of the Company’s stock contained in the Articles of Amendment and Restatement of the Company, as amended.
Ownership Limitations has the meaning set forth in Section III.A hereof.
Ownership Limitations means restrictions with respect to the placing of liens on the Equity Interests of certain direct and indirect Subsidiaries of BSC contained (whether through lien covenants, negative pledge clauses, “ownership of obligor” clauses or otherwise) in loan agreements, repurchase agreements and other agreements relating to the financing of BSC and its Subsidiaries that are material to the obligors thereunder.
Ownership Limitations means the limitations on Transfers, Beneficial Ownership and Constructive Ownership (each as defined in the Company’s Articles of Amendment and Restatement) of shares of Capital Stock contained in the Company’s Articles of Amendment and Restatement, as amended from time to time.
Ownership Limitations means the limitations on beneficial or constructive ownership of shares of Common Stock contained in the Charter.
Ownership Limitations means the limitations on ownership of capital stock of the Company set forth in Article VII of the Company’s Charter.
Ownership Limitations means the ownership limitations set forth in Section 12.1(a)(1) and Section 12.1(a)(2).