Percentage Ownership definition

Percentage Ownership means, with respect to any Shareholder at any time, (i) the number of shares of Fully Diluted Common Stock that such Shareholder beneficially owns (and (without duplication) has the right to acquire from any Person) at such time, divided by (ii) the total number of shares of Fully Diluted Common Stock at such time.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Percentage Ownership means with respect to any Stockholder, the fraction, expressed as a percentage, the numerator of which is the total number of shares of Common Stock held by such Stockholder and the denominator of which is the total number of shares of Common Stock issued and outstanding at the time of determination.

Percentage Ownership means, as determined with respect to SPH Corporation from time to time, the Stock Ownership of any Person in SPH Corporation, as determined to yield the maximum percentage under Section 382 of the Code and Treasury Regulations issued thereunder (including, but not limited to, Treas. Regs. § 1.382-2T(g), (h), (j) and (k) and Treas. Reg. § 1.382-4) and any other applicable administrative or judicial authority, all as may be amended from time to time.

Examples of Percentage Ownership in a sentence

The portion of the net proceeds from any Approved Sale (including, without limitation, after factoring each Partner’s pro-rata share of any transaction costs associated with the Approved Sale) payable to each Partner shall be based on each Partner’s Percentage Ownership in the Partnership.
In addition, if one or more new Limited Partners are admitted to the Partnership in accordance with clause (i) of this subsection (c), then it is the intent of the Partners that this subsection (c) be interpreted in a manner that dilutes a Limited Partner's Percentage Ownership.
Subject to Section 5.02, Distributable Cash, with the exception of cash from the liquidation of the Partnership or from the sale or other disposition of all or substantially all of the Partnership’s assets, which will be distributed in accordance with Section 5.01(b), shall be distributed at such time or times and in such amount or amounts as determined by the General Partner in its sole discretion to the Partners in accordance with their respective Percentage Ownership.
The Net Income or Net Loss (or, if necessary, gross items thereof) of the Partnership for each Fiscal Year (or other period) shall be allocated to the Partners based on Percentage Ownership.
Notwithstanding the foregoing, the Net Income or Net Loss (or gross items therefore) from the sale or other disposition of all or substantially all the assets of the Partnership shall be allocated to the Partners’ in a manner that will cause each Partner’s Capital Account balance to be proportionate to the Partner’s Percentage Ownership.

More Definitions of Percentage Ownership

Percentage Ownership means, with respect to a Restricted Party, the percentage of such Restricted Party’s issued and outstanding Equity Interests (excluding directors’ qualifying shares or other securities required by applicable Law to be owned by a Person other than a Restricted Party) that are beneficially owned by Restricted Parties.

Percentage Ownership means, as to any Stockholder, the aggregate percentage of the outstanding Shares Beneficially Owned by such Stockholder, including for this purpose, Shares Beneficially Owned by such Stockholder's Permitted Affiliate Transferees.

Percentage Ownership has the meaning given to that expression in clause 10.1;

Percentage Ownership means a fraction, set forth as a percentage, the numerator of which is the number of shares of Common Stock beneficially owned by the Investor (as determined in accordance with Rules 13d-3 and 13d-5 under the Exchange Act, but excluding for this purpose any attribution of ownership of securities held by persons who are not Affiliates of the Investor), and the denominator of which is (i) the total number of shares of Common Stock issued and outstanding plus (ii) any shares of Common Stock that are not outstanding but that are included in the numerator.

Percentage Ownership of particular shares shall mean the number of votes such shares possess with respect to the election generally of directors, divided by the number of votes possessed by all Voting Securities at such time with respect to the election generally of directors. For this purpose, the term "Voting Securities" shall mean all outstanding securities (debt or equity) of the Company entitled to vote generally in the election of directors (excluding the Notes) plus the shares into which the Notes are then convertible plus the shares into which all other outstanding convertible securities (which term expressly excludes any Outstanding Options, Outstanding Warrants, or Outstanding Preferred) are then convertible plus the shares which are then issuable upon the exercise of options granted after the Original Issuance Date which remain unexercised on the date of determination plus the shares which are then issuable upon the exercise of up to 300,000 Outstanding Options which remain outstanding on the date of determination).

Percentage Ownership means, as of a specified date, the percentage, equal to (a) the number of Shares held by ORIX (directly or through a brokerage or similar account) on such date (not including any Shares acquired by ORIX after the Effective Date (other than Shares acquired by ORIX as a result of a stock split, distribution or similar pro rata reorganization)) divided by (b) the total number of Shares outstanding on such date, calculated on a Fully Diluted Basis.

Percentage Ownership means the percentage ownership in the Company of each Majority Shareholder as set forth on Exhibit A.