Stock Ownership Limit definition

Stock Ownership Limit has the meaning set forth in the Articles.

Stock Ownership Limit means 9.9% of the number or value, whichever is more restrictive, of the outstanding shares of Capital Stock, as may be adjusted pursuant to subsection H of Article XIV.

Stock Ownership Limit means the restrictions on ownership and transfer of Stock provided in Section 3.4 of the Company’s Charter.

Examples of Stock Ownership Limit in a sentence

• No Excepted Holder Limit shall be reduced to a percentage that is less than the Common Stock Ownership Limit.

• Each such owner shall provide to the Corporation such additional information as the Corporation may request in order to determine the effect, if any, of such Beneficial Ownership on the Corporation’s status as a REIT and to ensure compliance with the Aggregate Stock Ownership Limit.

• For the purpose of this Article VII, the following terms shall have the following meanings: Aggregate Stock Ownership Limit.

• The board of directors may from time to time increase the Common Stock Ownership Limit and the Aggregate Stock Ownership Limit.

• As used in this Article VI, the following terms shall have the following meanings: Aggregate Stock Ownership Limit.

More Definitions of Stock Ownership Limit

Stock Ownership Limit means each of the Aggregate Stock Ownership Limit (as defined in the Charter, as such definition may be amended from time to time) and the Common Stock Ownership Limit (as defined in the Charter, as such definition may be amended from time to time).

Stock Ownership Limit has the meaning set forth in the Charter.

Stock Ownership Limit means 9.9% of the number or value, whichever is more restrictive, of the outstanding shares of Capital Stock, as may be adjusted pursuant to subsection H of this Article XIII.

Stock Ownership Limit means (a) the "Common Stock Ownership Limit" restrictions on ownership and transfer provided in the Company Charter; (b) the "Aggregate Stock Ownership Limit" restrictions on ownership and transfer provided in the Company Charter; and (c) any other restrictions on ownership or transfer set forth in the Company Charter.

Stock Ownership Limit means 9.8% by value or by number of shares, whichever is more restrictive, of the outstanding Capital Stock, excluding any such outstanding Capital Stock which is not treated as outstanding stock for U.S. federal income tax purposes.

Stock Ownership Limit means the restrictions on ownership and transfer of Common Stock provided in Section 3.4 of the Company's Charter.

Stock Ownership Limit means 5% in value of the aggregate of the outstanding shares Capital Stock, or such other percentage determined by the Board of Directors in accordance with Section 4(i) of this ARTICLE FOUR.