Minimum Ownership Amount definition

Minimum Ownership Amount means shares of Company Common Stock which represent 20.0% of the shares of Company Common Stock outstanding from time to time.
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Minimum Ownership Amount means, with respect to an Investor, Shares constituting at least five percent (5.0%) of the issued and outstanding Shares (on a Fully-Diluted Basis).
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Minimum Ownership Amount means 5% of the outstanding Common Stock.
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Examples of Minimum Ownership Amount in a sentence

  • Upon reasonable request of the Company, each Purchaser shall provide to the Company a representation, which may be by e-mail, as to whether or not such Purchaser continues to own the Minimum Ownership Amount.

  • For so long as GICRE and its Affiliates collectively Own at least the Minimum Ownership Amount, GICRE shall have the right (in accordance with this Section 2.2), but not the obligation, to purchase from the Company, and the Company shall have the obligation to sell to GICRE, in each calendar quarter following the Closing, up to an aggregate number of shares of New Common Stock equal to the Quarterly Top Up Shares (defined below) for the prior quarter (such right, the “Quarterly Top Up Right”).

  • If GICRE and its Affiliates collectively cease to Own the Minimum Ownership Amount, then GICRE’s right to designate a Board Observer, and the rights of any such Board Observer, under this Agreement shall terminate.

  • This Agreement shall automatically terminate at the later of (i) such time as each of iStar’s rights and obligations hereunder has terminated in accordance with their terms and (ii) the date on which iStar and its Affiliates collectively cease to Own the Minimum Ownership Amount.

  • Subject to its compliance with clause 5.2, the Supplier shall not be considered to be in breach of this Agreement in respect of any Inability to Supply.


More Definitions of Minimum Ownership Amount

Minimum Ownership Amount means a number of shares of Company Common Stock equal to the lesser of (i) a number of shares equal to 5.0% of the Company Common Stock outstanding from time to time, excluding from the denominator (a) any Net New Common Stock issued in the current or prior calendar quarter for which corresponding Quarterly Top Up Shares remain subject to potential acquisition by GICRE pursuant to the Quarterly Top Up Right described in Section 2.2, and (b) any New Common Stock as to which the Top Up Right does not apply (including pursuant to Section 2.3(b)), and (ii) a number of shares of Company Common Stock equal to $50 million, divided by the lesser of (a) the average closing price of the Company Common Stock on the NYSE for the 10 consecutive trading days ended immediately prior to the date of determination, or (b) the price per share paid by the holder of such shares.
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Minimum Ownership Amount means, with respect to any TGE Investor, 10% of the outstanding Equity Interests of GP Acquiror (on a look-through basis).
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Minimum Ownership Amount means a number of shares of Common Stock equal to 10% of the Common Stock outstanding from time to time.
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Minimum Ownership Amount means, in the case of M&J K, [ ] shares of Common Stock and, in the case of ▇▇-▇▇, [ ] shares of Common Stock.
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Minimum Ownership Amount means $100,000 or any amount in excess thereof.
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Minimum Ownership Amount means an amount of Common Stock (subject to adjustment as indicated below) equal to the least of (a) 175,000 shares of Common Stock, (b) the aggregate amount of shares of Common Stock purchased by the Transferor on the Closing Date (if any), and (c) solely with respect to a Shareholder that Transfers shares in a Private Sale pursuant to Section 4.13, the aggregate amount of shares of Common Stock owned by such Shareholder immediately after such Private Sale. The Minimum Ownership Amount shall be subject to adjustment by the Board of Directors as it may determine, in its sole discretion, is necessary due to the issuance of additional shares of Common Stock, to reflect any recapitalizations, stock splits, combinations and other similar events, or for any other reason to ensure that the number of holders of Common Stock does not exceed 455.
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Minimum Ownership Amount shall have the meaning ascribed to such term in Section 4.9, as the same may be adjusted from time to time in accordance therewith.
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