Ownership Limit definition

Ownership Limit means, for any Person other than the Initial Holder or a Look-Through Entity, a number of the Outstanding shares of Class C Preferred Stock of the Corporation having an Aggregate Value not in excess of the excess of (x) 8.7% of the Aggregate Value of all Outstanding shares of Equity Stock over (y) the Aggregate Value of all shares of Equity Stock other than Class C Preferred Stock that are Beneficially Owned by the Person.

Ownership Limit means the restriction or restrictions on the ownership and transfer of stock of the General Partner imposed under the Charter.

Ownership Limit means 9.8% (by value or number of shares, whichever is more restrictive) of the outstanding shares of Series A Preferred Stock of the Company. The number and value of shares of outstanding Series A Preferred Stock of the Company shall be determined by the Board of Directors in good faith, which determination shall be conclusive for all purposes hereof.

Examples of Ownership Limit in a sentence

• Ownership Limit Risk The ability of the Manager and external advisors to purchase or dispose of investments in regulated industries, the derivatives markets, certain international markets, and certain issuers that limit ownership by a single shareholder or group of related shareholders, or to exercise rights on behalf of a Fund, may be restricted or impaired because of limitations on the aggregate level of investment unless regulatory or corporate consents are obtained.

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

• Overseas service bars (not authorized on the class B) (para 27–26).

• No Excepted Holder Limit shall be reduced to a percentage that is less than the Aggregate Stock Ownership Limit or the Common Stock Ownership Limit, as the case may be.

• Ownership Limit Risk The ability of the Manager and external advisors to purchase or dispose of investments in regulated industries, the derivatives markets, certain international markets, and certain issuers that limit ownership by a single shareholder or group of related shareholders, or to exercise rights on behalf of a Fund, maybe restricted or impaired because of limitations on the aggregate level of investment unless regulatory or corporate consents are obtained.

More Definitions of Ownership Limit

Ownership Limit means (a) with respect to Common Shares, 9.8% (in value or number of shares, whichever is more restrictive) of the Common Shares outstanding at the time of determination and (b) with respect to any other class or series of Shares, 9.8% (in value or number of shares, whichever is more restrictive) of the Shares of such class or series outstanding at the time of determination.

Ownership Limit means, with respect to each class or series of Equity Shares, 9.8% (by value) of the outstanding shares of such Equity Shares.

Ownership Limit means 24.9% of the capital or profits interests of the Partnership.

Ownership Limit means (i) with respect to Common Shares, 9.8% (in value or number of shares, whichever is more restrictive) of the Outstanding Common Shares; and (ii) with respect to any other class or series of Shares, 9.8% (in value or number of shares, whichever is more restrictive) of the Outstanding Shares of such class or series.

Ownership Limit means, with respect to the Common Stock, 9.9% of the number of outstanding shares of Common Stock and, with respect to any class or series of Preferred Stock, 9.9% of the number of outstanding shares of such class or series of Preferred Stock.

Ownership Limit means the Common Share Ownership Limit or the Preferred Share Ownership Limit, or both, as the context may require.

Ownership Limit means, with respect to a class or series of Equity Stock, 8% of the number of outstanding shares of such Equity Stock.