Equity Ownership Percentage means, for each Stockholder, an amount equal to the quotient of (i) the number of shares of Company Common Stock held by such Stockholder immediately prior to the Effective Time, divided by (ii) the number of shares of Company Common Stock outstanding (excluding treasury shares) immediately prior to the Effective Time, such number to be rounded to six decimal places.
Equity Ownership Percentage means, for each Stockholder, an amount equal to the quotient of (i) the number of Shares held by such Stockholder immediately prior to the Closing, divided by (ii) the number of Shares outstanding (excluding treasury shares) immediately prior to the Closing; provided, that the total of all such percentages shall equal 100%.
Equity Ownership Percentage means Equity Ownership Percentage as defined in the Stockholders' Agreement.
Examples of Equity Ownership Percentage in a sentence
Notwithstanding anything to the contrary in this Agreement, Purchaser’s rights and the Company’s obligations under this Agreement shall terminate on such date that Purchaser’s Fully Diluted Pro Rata Equity Ownership Percentage in the Company is less than 10% (the “Expiration Date”).
More Definitions of Equity Ownership Percentage
Equity Ownership Percentage means, for each Stockholder, an amount equal to the quotient of (i) the number of Shares owned of record by such Stockholder immediately prior to the Closing, divided by (ii) the aggregate number of Shares outstanding (excluding treasury shares, if any) immediately prior to the Closing, such number to be rounded to six decimal places. The Equity Ownership Percentage of each Stockholder is set forth on Exhibit B attached hereto.
Equity Ownership Percentage means the percentage for each Partner as set forth in Column A of APPENDIX A, as such may be in effect from time to time and as such may be modified pursuant to the terms of this Agreement.
Equity Ownership Percentage means the percentage equal to the quotient obtained when (i) the aggregate number of issued and outstanding Nova Shares beneficially owned by the SNDL Group, or over which the SNDL Group exercises control or direction (including, for the purposes of this calculation, any Nova Shares issuable upon conversion, exchange or exercise of any Convertible Securities owned by the SNDL Group or over which the SNDL Group exercises control or direction), is divided by (ii) the aggregate number of issued and outstanding Nova Shares (including, for the purposes of this calculation, any Nova Shares issuable upon conversion, exchange or exercise of any other Convertible Securities owned by the SNDL Group or over which the SNDL Group exercises control or direction), in each case, unless otherwise stated herein, as at the time of calculation and, for avoidance of doubt, on a non diluted basis;
Equity Ownership Percentage means the percentage of the Manager's equity ownership in the Lessee's leasehold interest created pursuant to the Lease.
Equity Ownership Percentage means, for each Equityholder, an amount equal to the fraction, expressed as a percentage (rounded to six decimal places), the numerator of which is the sum of (a) the number of shares of Common Stock held by such Equityholder immediately prior to the Effective Time (including any shares of Class B Common Stock issuable upon settlement of the Restricted Stock Units), if any, plus, (b) the number of shares of Class B Common Stock that are the subject of Stock Options held by such Equityholder immediately prior to the cancellation of such Stock Options as contemplated by this Agreement, if any, and the denominator of which is the number of Fully Diluted Shares Outstanding.
Equity Ownership Percentage means, with respect to any Stockholder or group of Stockholders, the number of shares of Common Stock Beneficially Owned by such Stockholder or group of Stockholders divided by the total number of shares of Common Stock issued and outstanding (expressed as a percentage).
Equity Ownership Percentage means the percentage equal to the quotient obtained when (i) the aggregate number of issued and outstanding Common Shares beneficially owned by the SNDL Group, or over which the SNDL Group exercises control or direction (including, for the purposes of this calculation, any Common Shares issuable upon conversion, exchange or exercise of any Convertible Securities owned by the SNDL Group or over which the SNDL Group exercises control or direction), is divided by (ii) the aggregate number of issued and outstanding Common Shares (including, for the purposes of this calculation, any Common Shares issuable upon conversion, exchange or exercise of any other Convertible Securities owned by the SNDL Group or over which the SNDL Group exercises control or direction), in each case, unless otherwise stated herein, as at the time of calculation and, for avoidance of doubt, on a non diluted basis.