Common use of Calculation of Voting Shares Beneficially Owned Clause in Contracts

Calculation of Voting Shares Beneficially Owned. For the purposes of this Agreement, the percentage of Voting Shares Beneficially Owned by any Person, shall be and be deemed to be the product determined by the formula: 100 x A where: A = the number of votes for the election of all directors generally attaching to the Voting Shares Beneficially Owned by such Person; and B = the number of votes for the election of all directors generally attaching to all outstanding Voting Shares. Where any Person is deemed to Beneficially Own unissued Voting Shares pursuant to subsection 1.1(f), such Voting Shares shall be deemed to be outstanding for the purpose of both A and B in the formula above.

Calculation of Voting Shares Beneficially Owned. For the purposes of this Agreement, the percentage of Voting Shares Beneficially Owned by any Person, shall be and be deemed to be the product determined by the formula: 100 x A where: : A = the number of votes for the election of all directors generally attaching to the Voting Shares Beneficially Owned by such Person; and and B = the number of votes for the election of all directors generally attaching to all outstanding Voting Shares. Where any Person is deemed to Beneficially Own unissued Voting Shares pursuant to subsection 1.1(f)Shares, such Voting Shares shall be deemed to be outstanding for the purpose of both A and B in the formula above.

Calculation of Voting Shares Beneficially Owned. ‌ For the purposes of this Agreement, the percentage of Voting Shares Beneficially Owned by any Person, shall be and be deemed to be the product determined by the formula: A 100 x A X where: : A = the aggregate number of votes for the election of all directors generally attaching to the Voting Shares Beneficially Owned by such Person; and and B = the aggregate number of votes for the election of all directors generally attaching to all outstanding Voting Shares. Where any Person is deemed to Beneficially Own unissued Voting Shares pursuant to subsection 1.1(f1.1(e), such Voting Shares shall be deemed to be outstanding for the purpose of both A and B in the formula above.

Calculation of Voting Shares Beneficially Owned. For the purposes of this Agreement, the percentage of Voting Shares Beneficially Owned by any Person, shall be and be deemed to be the product determined by the formula: 100 x A where: : A = the number of votes for the election of all directors generally attaching to the Voting Shares Beneficially Owned by such Person; and and B = the number of votes for the election of all directors generally attaching to all outstanding Voting Shares. Where any Person is deemed to Beneficially Own unissued Voting Shares pursuant to subsection 1.1(f), such Voting Shares shall be deemed to be outstanding for the purpose of both A and B in the formula above.