Ownership Ratio definition

Ownership Ratio means, as to a holder of Stockholder Shares at the time of determination, the percentage obtained by dividing the number of shares of Common Stock owned by such holder at such time on a fully diluted as if converted basis, by the aggregate number of shares of Common Stock Deemed Outstanding at such time.

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Ownership Ratio means, as to any Person at any time of determination, the percentage obtained by dividing the amount of shares of Common Stock held by such Person on a fully diluted, as-if-converted basis at such time by the aggregate amount of shares of Common Stock outstanding on a fully diluted, as-if-converted basis at such time. For purposes of this definition, "fully diluted" shall exclude shares of Common Stock issuable pursuant to out-of-the-money options, warrants or other rights and options, warrants or other rights which are not exercisable by the holder thereof on the date of determination.

Ownership Ratio means, as to any Person at any time of determination, the percentage obtained by dividing the amount of shares of Common Stock held by such Person on a fully diluted, as-if-converted basis at such time by the aggregate amount of shares of Common Stock outstanding fully diluted, as-if-converted basis at such time (without regard to any limitation on conversion set forth herein or otherwise).

Examples of Ownership Ratio in a sentence

• This Agreement will commence on the date first above written and terminate automatically at any time that UtiliCorp's Fully Diluted Ownership Ratio (as defined in Quanta's Certificate of Incorporation, as amended) is less than 5%.

• Proper adjustment shall be made monthly between advances and actual expense to the end that each Party shall bear and pay its proportionate share in accordance with the Ownership Ratio of actual expenses incurred, and no more.

• The covenant set forth in Section 6.12 shall terminate and be of no further force and effect if UtiliCorp's Fully Diluted Ownership Ratio is less than 10%.

• The covenants set forth in Sections 6.01, 6.02, 6.06, 6.09, and 6.10 shall terminate and be of no further force and effect if UtiliCorp's Fully Diluted Ownership Ratio is less than 5%.

• Unless changed by written agreement of the Owners, all revenues, income, costs, expenses and liabilities incurred in and related to the operation or ownership of the Gathering System under this Agreement shall be allocated among the Owners severally, not jointly, in accordance with their respective Ownership Interests and the Ownership Ratio.

More Definitions of Ownership Ratio

Ownership Ratio means the ratio of shares of Common Stock of the Company held by the Investor on the day immediately preceding the date of the notice described in subsection (c) below to the total number of shares of Common Stock of the Company then outstanding.

Ownership Ratio means the ratio that each unit owner has title to the common property. as

Ownership Ratio means, as to a Unitholder at the time of determination, the percentage obtained by dividing the number of Units of the applicable class of Units held by such Unitholder at such time by the aggregate number of Units of the same class of Units held by all Unitholders at such time.

Ownership Ratio shall be a fraction, the numerator of which shall be the number of shares of Borrower Common Stock theretofore issuable upon conversion of this Note, and the denominator of which shall be the shares of Borrower Common Stock outstanding immediately prior to the issuance of such rights, options, warrants or convertible or exchangeable securities, plus the number of shares of Borrower Common Stock theretofore issuable upon the conversion of this Note. Upon the expiration or termination of such rights, options, warrants or convertible or exchangeable securities the issuance of which triggered the adjustments referred to in this Section 1.2.2 prior to any exercise thereof, the number of shares of Borrower Common Stock into which this Note shall be converted shall forthwith be readjusted to the number of shares of Borrower Common Stock that would have been issuable had such expired or terminated rights, options, warrants or convertible or exchangeable securities not been issued by Maker.

Ownership Ratio means, as to a Shareholder at the time of determination, the percentage obtained by dividing the amount of shares of Common Stock held by such Shareholder on a fully diluted basis at such time by the aggregate amount of shares of Common Stock outstanding on a fully diluted basis at such time.

Ownership Ratio means, in relation to a Jointly Owned Share on any given day, the ratio (Co-Owner) A: B (Employee) where:-

Ownership Ratio means, as to any CMP Stockholder at the time of determination, the percentage obtained by dividing the amount of shares of Common Stock held by such CMP Stockholder on a Diluted Basis at such time by the aggregate amount of shares of Common Stock held by the 399 Stockholders on a Diluted Basis at such time.