PREFERRED SHARE OWNERSHIP LIMIT definition

PREFERRED SHARE OWNERSHIP LIMIT means not more than 9.8% (in value or in number of shares, whichever is more restrictive) of the aggregate of the outstanding Preferred Shares of the Company.
PREFERRED SHARE OWNERSHIP LIMIT means, with respect to the Preferred Shares, nine point eight percent (9.8%) of the outstanding Shares of a particular series of Preferred Shares of the Company, subject to adjustment pursuant to Section 7.6(x) (but not more than nine point nine percent (9.9%) of the outstanding Preferred Shares, as so adjusted) and to the limitations contained in this Section 7.6.
PREFERRED SHARE OWNERSHIP LIMIT means not more than 9.8% percent (in value or in number of shares, whichever is more restrictive) of the aggregate of the outstanding Preferred Shares of the Company, subject to adjustment pursuant to Section 5.9(ii)(h) (but not more than 9.9% percent of the aggregate of the outstanding Preferred Shares of the Company, as so adjusted). The number and value of outstanding Preferred Shares of the Company shall be determined by the Board in good faith, which determination shall be conclusive for all purposes hereof.

More Definitions of PREFERRED SHARE OWNERSHIP LIMIT

PREFERRED SHARE OWNERSHIP LIMIT means, with respect to the Preferred Shares, ownership of 9.8% or more (by value or number of shares, whichever is more restrictive) of an outstanding class or series of Preferred Shares, subject to adjustment pursuant to Section 5.04(j) and to any other limitations contained in Section 5.04.
PREFERRED SHARE OWNERSHIP LIMIT means, with respect to the Preferred Shares, 9.8% of the outstanding Shares of a particular series of Preferred Shares of the Company, subject to adjustment pursuant to Section 7.7(x) (but not more than 9.9% of the outstanding Preferred Shares, as so adjusted) and to any other limitations contained in this Section 7.7.
PREFERRED SHARE OWNERSHIP LIMIT means not more than 9.8% (in value or in number of shares, whichever is more restrictive) of the aggregate of the Outstanding Shares of any class or series of Preferred Shares, or such other percentage determined by the Board of Directors in accordance with Section 8.1(h). The number and value of shares of Outstanding Preferred Shares shall be determined by the Board of Directors in good faith, which determination shall be conclusive for all purposes hereof.
PREFERRED SHARE OWNERSHIP LIMIT means 9.8% (by value or number of shares, whichever is more restrictive) of the outstanding shares of Class C Preferred Shares of the Corporation. The number and value of shares of outstanding Class C Preferred Shares of the Corporation shall be determined by the Board of Directors in good faith, which determination shall be conclusive for all purposes hereof.
PREFERRED SHARE OWNERSHIP LIMIT means, with respect to each class or series of the Preferred Shares, not more than 9.9% percent of the aggregate number of the outstanding Preferred Shares of such class or series of the Preferred Shares of the Company, subject to adjustment pursuant to Section 5.8(ii)(h).
PREFERRED SHARE OWNERSHIP LIMIT means, with respect to the Preferred Shares, 9.8% (by value or number of shares, whichever is more restrictive) of the outstanding Equity Shares of a particular class or series of Preferred Shares of the Company, subject to adjustment pursuant to Section 4.6(x) (but not more than 9.9% of the outstanding class or series of Preferred Shares, as so adjusted) and to any other limitations contained in Section 4.6.
PREFERRED SHARE OWNERSHIP LIMIT means not more than 9.9% percent of the aggregate number of the outstanding Preferred Shares of the Company, subject to adjustment pursuant to Section 5.8(ii)(h).