Restriction on Ownership Clause Samples
A Restriction on Ownership clause limits or prohibits certain parties from acquiring or holding ownership interests in a company or asset. Typically, this clause may prevent competitors, foreign entities, or specific individuals from becoming shareholders, or it may cap the percentage of ownership any single party can hold. By imposing these restrictions, the clause helps maintain control over the ownership structure, protect sensitive information, and prevent hostile takeovers or conflicts of interest.
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Restriction on Ownership. The Series D Preferred Partnership Units shall be owned and held solely by Ashford OP Limited Partner, LLC.
Restriction on Ownership. Membership in the Company shall be restricted or conditioned to the extent required by the Rules or Regulatory Requirements from time to time.
Restriction on Ownership. The Series E Preferred Units shall be owned and held solely by the General Partner.
Restriction on Ownership. The Series A Preferred Partnership Units shall be owned and held solely by the Company.
Restriction on Ownership. The Series C Preferred Units shall be ------------------------ owned and held solely by the General Partner.
Restriction on Ownership. The Series C Preferred Units shall be owned and held solely by the General Partner.
Restriction on Ownership. The Series G Company Preferred Units shall be owned and held solely by CLNS.
Restriction on Ownership. The Series D Preferred Units shall be owned and held solely by the Managing General Partner.
Restriction on Ownership. (i) ▇▇▇▇ & ▇▇▇▇▇▇ Canada shall not issue to or permit any person to hold any shares in the capital of, or other ownership interest of, ▇▇▇▇ & Talbot Canada or any right to acquire any such shares, other than ▇▇▇▇ & ▇▇▇▇▇▇ US or a wholly-owned Subsidiary thereof.
(ii) The Limited Partnership shall have no general partner other than ▇▇▇▇ & Talbot Canada and no limited partners other than the Trust, which shall have no beneficiaries other than Subsidiaries of ▇▇▇▇ & ▇▇▇▇▇▇ US and such charitable organizations as may be designated by the trustees of the Trust from time to time.
Restriction on Ownership. The Series E Preferred Partnership Units shall be owned and held solely by Braemar OP Limited Partner LLC.