Constructively Own definition

Constructively Own means ownership under the constructive ownership rules described in Exhibit C.
Constructively Own. Constructively Owned," "Constructively Owns" and "Constructive Owner" shall have the correlative meanings.
Constructively Own means ownership under the constructive ownership rules described in the Charter.

Examples of Constructively Own in a sentence

  • Any Person who Beneficially Owns or Constructively Owns or attempts to Beneficially Own or Constructively Own Shares which causes or will cause a Person to Beneficially Own or Constructively Own Shares in excess or in violation of the above limitations must immediately notify the Company and Transfer Agent (if any) or, in the case of such a proposed or attempted transaction, give at least 15 days prior written notice.

  • Any Person who Beneficially or Constructively Owns or attempts to Beneficially or Constructively Own shares of Capital Stock which causes or will cause a Person to Beneficially or Constructively Own shares of Capital Stock in excess or in violation of the above limitations must immediately notify the Corporation.

  • The term “Prohibited Owner” shall mean, with respect to any purported Transfer, any Person who, but for the provisions of this Article VII, would Beneficially Own or Constructively Own shares of Capital Stock in violation of Section 7.2.1, and if appropriate in the context, shall also mean any Person who would have been the record owner of the shares that the Prohibited Owner would have so owned.

  • Any Person who attempts to Beneficially Own or Constructively Own Shares in excess of the above limitation must immediately notify the Trust.

  • Subject to certain further restrictions and except as expressly provided in the Trust's Declaration of Trust, no Person may Beneficially Own or Constructively Own Equity Shares of the Trust in excess of 9.8 percent (in vote or value) of the total outstanding Equity Shares or total outstanding common Shares of the Trust, unless such Person is an Excepted Holder (in which case the Excepted Holder Limit shall be applicable).


More Definitions of Constructively Own

Constructively Own means to own Equity Shares, directly or indirectly through the application of Section 318 of the Code, as modified by Section 856(d)(5) of the Code.
Constructively Own shall have a correlative meaning.
Constructively Own and "Constructive Owner" shall have the correlative meanings) by any person to 9.8% of the total number of Shares that are issued and outstanding (the "Excess Share Provisions"). All Shares Constructively Owned by any of KRC, KRS or Cooper in excess of 9.8% of ▇▇▇ ▇otal number of Shares that are issued and outstanding are referred to herein as "Excess Shares";
Constructively Own has the meaning given to such term in the Charter.
Constructively Own means ownership under the constructive ownership rules described in Exhibit E .
Constructively Own. (or any correlative form thereof) has the meaning set forth in the Company’s Charter.
Constructively Own means ownership of capital stock by a Person, whether the interest in the shares of capital stock is held directly or indirectly (including by a nominee), and shall include interests that would be treated as owned through the application of Section 318(a) of the Code, as modified by Section 856(d)(5) of the Code. For any reason at any time, upon the written request of the holder of the Warrant, the Company shall, within two (2) Business Days, confirm in writing to such holder the number of Ordinary Shares then outstanding. In any case, the number of outstanding Ordinary Shares shall be determined after giving effect to the conversion or exercise of equity securities of the Company by the holder and its affiliates since the date as of which such number of outstanding Ordinary Shares was reported. For the purposes of this Agreement, a “Business Day” means any day on which federally chartered retail banks are typically open for business in New York, New York.