Common use of Ownership Threshold Clause in Contracts

Ownership Threshold. The Sellers party to this Agreement as of the Closing shall, collectively, be the legal, beneficial and record owners of at least 95% of Company Equity Interests entitled to vote for the election of directors.

Appears in 1 contract

Sources: Business Combination Agreement

Ownership Threshold. The Sellers party to this Agreement as of the Closing shall, collectively, be the legal, beneficial and record owners of at least 9593% of Company Equity Interests entitled to vote for the election of directors.”

Appears in 1 contract

Sources: Business Combination Agreement