Voting Equity Interests definition

Voting Equity Interests means, with respect to any Person, Equity Interests issued by such Person the holders of which are ordinarily, in the absence of contingencies, entitled to vote for the election of directors (or persons performing similar functions) of such Person, even though the right so to vote has been suspended by the happening of such a contingency.

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Voting Equity Interests means, with respect to any Person, the outstanding Equity Interests of a Person having the power, directly or indirectly, to designate the board of directors of such Person.

Voting Equity Interests of any Person means the Equity Interests of such Person ordinarily having the power to vote for the election of the directors of such Person.

Examples of Voting Equity Interests in a sentence

• The Company or any particular Domestic Subsidiary shall not be required to execute and deliver a Foreign Law Pledge Agreement pursuant to this Section 6.21(b) if such entity directly holds 35% or less of the Voting Equity Interests in such Foreign Subsidiary and, as a result of the limitation set forth in the preceding sentence, the Company can comply with this Section 6.21(b) without the pledge of such Voting Equity Interests.

• Subsidiary: any entity at least 50% of whose Voting Equity Interests is owned by a Borrower or combination of Borrowers (including indirect ownership through other entities in which a Borrower directly or indirectly owns 50% of such Voting Equity Interests).

• The Equity Interests pledged by such Grantor hereunder constitute all the issued and outstanding shares of all classes of the Equity Interests of each Pledged Issuer owned by such Grantor or, in the case of Foreign Subsidiary Voting Equity Interests, if less, 66% of the outstanding Foreign Subsidiary Voting Equity Interests of each relevant Pledged Issuer.

• Without limiting the foregoing, each Pledgor shall be required to pledge hereunder the Equity Interests of any FSHCO or Foreign Subsidiary at any time and from time to time after the date hereof acquired by such Pledgor, provided that any such pledge of Voting Equity Interests of any FSHCO or Foreign Subsidiary shall be subject to the proviso to Section 3(a) hereof.

• Each of the transactions contemplated by the Restructuring Agreements that the shareholders of TSAT were solicited by the Proxy to approve shall have been approved by holders of not less than 66-2/3% of the outstanding voting power of the Voting Equity Interests of TSAT entitled to vote on the Restructuring Transaction (and the Agents shall have received satisfactory evidence of the same from TSAT).

More Definitions of Voting Equity Interests

Voting Equity Interests of any Person shall mean all classes of Equity Interests of such Person entitled to vote.

Voting Equity Interests means Equity Interests that are entitled to vote generally for the election of directors to the Board of Directors of the issuer thereof. Shares of preferred stock that have the right to elect one or more directors to the Board of Directors of the issuer thereof only upon the occurrence of a breach or default by such issuer thereunder shall not be considered Voting Equity Interests as long as the directors that may be elected to the Board of Directors of the issuer upon the occurrence of such a breach or default represent a minority of the aggregate voting power of all directors of Board of Directors of the issuer. The percentage of Voting Equity Interests of any issuer thereof beneficially owned by a Person shall be determined by reference to the percentage of the aggregate voting power of all Voting Equity Interests of such issuer that are represented by the Voting Equity Interests beneficially owned by such Person.

Voting Equity Interests means Equity Interests which at the time are entitled to vote in the election of, as applicable, directors, members or partners generally.

Voting Equity Interests means, with respect to any issuer, the issued and outstanding shares of each class of Equity Interests of such issuer entitled to vote.

Voting Equity Interests means, as to any Person, any class or classes of outstanding Equity Interests of such Person pursuant to which the holders thereof have the general voting power under ordinary circumstances to elect at least a majority of the board of directors of such Person.

Voting Equity Interests of a corporation means all classes of stock then outstanding and normally entitled to vote in the election of directors or other governing body of such corporation.

Voting Equity Interests 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 of such Person.