Share Ownership definition
Examples of Share Ownership in a sentence
No Excepted Holder Limit shall be reduced to a percentage that is less than the Common Share Ownership Limit or Aggregate Ownership Limit, as applicable.
No Excepted Holder Limit shall be reduced to a percentage that is less than the Common Share Ownership Limit.
The product of the Applicable Percentage and the REIT Shares Amount, if applicable, shall be delivered by the General Partner as duly authorized, validly issued, fully paid and accessible REIT Shares free of any pledge, lien, encumbrance or restriction, other than the Aggregate Share Ownership Limit and other restrictions provided in the Article of Incorporation, the bylaws of the General Partner, the Securities Act and relevant state securities or “blue sky” laws.
The Supervisory Board may decide to adapt the Philips Share Ownership Guidelines on an annual basis.
All dispositions of RSU Shares are subject to compliance with the Company’s Share Ownership Policy as in effect from time to time.