Voting Equity Interest definition
Voting Equity Interest means, as to any Person, an Equity Interest in such Person having ordinary voting power with respect to the board of directors or other governing body of such Person.
Voting Equity Interest means Voting Stock and General Partnership Interests.
Voting Equity Interest means, with respect to any Person, those classes of Equity Interests issued by such Person (however designated), the holders of which are at the time entitled, as such holders, to vote for the election of a majority of the directors, managers (or persons performing similar functions) of such Person, whether or not the right so to vote exists by reason of the happening of a contingency.
Examples of Voting Equity Interest in a sentence
Notwithstanding anything to the contrary contained herein, no Pledgor shall be required at any time to pledge hereunder more than 65% of the Voting Equity Interest of any Foreign Corporation; provided that each Pledgor shall be required to pledge hereunder 100% of any Non-Voting Equity Interest at any time and from time to time acquired by such Pledgor of any Foreign Corporation.
The Equity Interests pledged by such Grantor hereunder constitute all the issued and outstanding shares of all classes of the Equity Interests of each Issuer owned by such Grantor or, in the case of Foreign Subsidiary Voting Equity Interest, if less, 66% of the outstanding Foreign Subsidiary Voting Equity Interest of each relevant Issuer.
More Definitions of Voting Equity Interest
Voting Equity Interest of any Person as of any date means the Equity Interests of such Person that is at the time entitled to vote in the election of the Board of Directors or other governing body of such Person.
Voting Equity Interest means, with respect to any Person, the Equity Interests entitled to vote for members of the board of directors or equivalent governing body of such Person.
Voting Equity Interest means, with respect to any Person, (a) in the case of any Person which is a corporation, any share of capital stock of such Person having the right to vote (other than solely upon the occurrence of a contingency) with respect to the election of members of the board of directors of such corporation, or (b) in the case of a Person which is a partnership, limited liability company, or other entity (other than a corporation), any Equity Interest of such Person having the right to vote for or consent to (other than solely upon the occurrence of a contingency) the election or appointment of directors or managers (or persons performing similar functions) of such Person, or with respect to which the holder of such Equity Interest is entitled to manage (alone or together with holders of other such Equity Interests) the operations of such Person.
Voting Equity Interest means Equity Interests of any Person having ordinary power to vote in the election of members of the board of directors, managers, trustees or similar controlling Persons, of such Person (irrespective of whether, at the time, Equity Interests of any other class or classes of such Person shall have or might have voting power by reason of the happening of any contingency). “Wholly-Owned” means, in respect of any Subsidiary of any Person, a circumstance where all of the Stock of such Subsidiary (other than director’s qualifying shares, and the like, as may be required by applicable law) is owned by such Person, either directly or indirectly through one or more Wholly-Owned Subsidiaries thereof.
Voting Equity Interest means, with respect to any Person, securities having ordinary voting power for the election of directors or other governing body of such Person.
Voting Equity Interest of a Person means all classes of Equity Interest or other interests (including partnership interests) of such Person then outstanding and normally entitled (without regard to the occurrence of any contingency) to vote in the election of directors, managers or trustees thereof.
Voting Equity Interest means, with respect to any issuer, the issued and outstanding shares of each class of equity interest of such issuer entitled to vote (within the meaning of Treasury Regulations § 1.956-2(c)(2)).