Aggregate Ownership Limit definition

Aggregate Ownership Limit means, in respect of an Initial Offering or a Subsequent Offering, not more than 10% of the aggregate Outstanding Interests of a Series, and in respect of a Transfer, not more than 19.9% of the aggregate Outstanding Interests of a Series, or in both cases, such other percentage set forth in the applicable Series Designation or as determined by the Managing Member in its sole discretion and as may be waived by the Managing Member in its sole discretion.

Aggregate Ownership Limit means 9.8% either in number of Shares or value (whichever is more restrictive) of the outstanding Shares of the Trust.

Aggregate Ownership Limit means 9.8% in value of all the outstanding Capital Stock. The number and value of shares of the outstanding shares of Capital Stock shall be determined by the Board of Directors in good faith, which determination shall be conclusive for all purposes thereof.

Aggregate Ownership Limit shall have the meaning set forth in Section 6.7(a)(3) of the Company's Declaration of Trust.

Aggregate Ownership Limit means, for all Investor Members other than the Managing Member, the greater of (a) 19.9% of the aggregate Outstanding Interests of a Series, or (b) such other percentage set forth in the applicable Series, unless such Aggregate Ownership Limit is otherwise waived by the Managing Member in its sole discretion.

Aggregate Ownership Limit means, in respect of a transfer, not more than 19.99% of the aggregate outstanding units of a Series, which may be waived by the Manager in its sole discretion.

Aggregate Ownership Limit means 9.9 percent of the aggregate value of all outstanding Equity Stock. The value of the outstanding Equity Stock shall be determined by the Board of Directors in good faith, which determination shall be conclusive for all purposes hereof.

Aggregate Ownership Limit means, for all Additional Class Members, the greater of (a) 19.9% of the aggregate outstanding Additional Class Units of a Series, or (b) such other percentage set forth in the applicable Certificate of Registered Series, unless such Aggregate Ownership Limit is otherwise waived by the Company Manager in its sole discretion.

Aggregate Ownership Limit means, in respect of an Initial Offering or a Subsequent Offering, not more than 10% of the aggregate Outstanding Interests of a Series, where such maximum subscription limit may be waived for an Investor by the Managing Member in its sole discretion. Such limit does not apply to the Managing Member or an affiliate of the Managing Member, who may purchase in excess of 10% of Interests. In respect of a Transfer, Aggregate Ownership Limit means, not more than 19.9% of the aggregate Outstanding Interests of a Series, or in both cases, such other percentage set forth in the applicable Series Designation or as determined by the Managing Member in its sole discretion and as may be waived by the Managing Member in its sole discretion.”