Percentage Ownership definition

Percentage Ownership means, as to any Stockholder and as of any date, the percentage equal to (i) the aggregate number of shares of Common Stock held by such Stockholder on a fully diluted as-converted basis divided by (ii) the total number of outstanding shares of Common Stock of the Company on a fully diluted, as-converted basis.

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 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

• A majority of the Percentage Ownership of the Company, represented in person or by proxy, shall constitute a quorum at any meeting of Members; provided, that if less than a majority of the Percentage Ownership are represented at said meeting, a majority of the Percentage Ownership so represented may adjourn the meeting from time to time without further notice.

• Managers need not be residents of the state of formation nor need they be the holder of any Percentage Ownership of the Company.

• The person in whose name Percentage Ownership stand on the books of the Company shall be deemed the owner thereof for all purposes as regards the Company.

• All distributions and all allocations of income, gains, losses and credits shall be made in accordance with the Percentage Ownership of the Member.

• Special meetings of the Members may be called by the Chairman of the Board, the President, by a majority of the members of the Board of Managers or by the holders of not less than one-fifth of the Percentage Ownership of the Company.

More Definitions of Percentage Ownership

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.

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 the percentage participation of a Member in Profits and Losses and distributions determined by dividing the number of Membership Interests of such Member by the total number of Membership Interests owned by all Members. The Percentage Ownership of each Member is set forth on Exhibit A attached hereto and made a part hereof.

Percentage Ownership means, with respect to any Shareholder of the Company, a percentage represented by the fraction, the numerator of which is the number of Shares held by such Shareholder and the denominator of which is the total number of Shares then issued and outstanding.

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

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 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 or beneficially owned by such Stockholder (on as as-converted basis) and the denominator of which is the total number of shares of Common Stock held or beneficially owned by all Stockholders (on as as-converted basis).