Calculation of Share Consideration Sample Clauses

Calculation of Share Consideration. The number of shares to be provided to complete the purchase of CCNC by IVP shall be determined by taking the average of revenues recorded by CCNC for the two fiscal years ended September 30, 2002 and September 30 2003, plus the revenues recorded for the six months ended March 31, 2004, the later multiplied by two to result in a projected revenue for the fiscal year ended September 30, 2004, then converting the average revenues into US Dollars at the Bank of Canada rate in effect as of the effective date of this agreement, then dividing that product by the weighted average price of IVP shares obtained from the product of the weighted average closing price of IVP shares on the OTCBB for the two trading days prior to the effective date, plus the volume and price on the effective date and the two trading days following the effective date to produce the number of shares, 30,758,202 to be delivered as consideration.
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Calculation of Share Consideration. The number of shares to be provided to complete the purchase of TWINCENTRIC by IVP shall be determined as Three Hundred and Fifty Thousand United States dollars, then dividing that figure by the weighted average price of IVP shares obtained from the product of the weighted average closing price of IVP shares on the OTCBB for the two trading days prior to the effective date, plus the volume and price on the effective date and the two trading days following the effective date to produce the number of shares, ______________ to be delivered as consideration. In addition IVP will also provide 1,000,000 shares to be distributed to existing employees of TWINCENTRIC.
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Calculation of Share Consideration. (a) The number of CEDC Shares to be issued in respect of the Share Consideration shall be calculated as (x) US$ 23 million divided by (y) the CEDC Share Issuance Price. The “
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Related to Calculation of Share Consideration

  • Share Consideration (a) At the Closing, the Limited Partners other than those Limited Partners who vote against the Merger and affirmatively elect to receive notes (the "Note Option") will be allocated American Spectrum Common Shares (the "Share Consideration") in accordance with the final Prospectus/Consent Solicitation Statement included in the Registration Statement.

  • Purchase Consideration The consideration payable in connection with a purchase transaction shall be debited from the appropriate deposit account of the Portfolio as of the time and date that funds would ordinarily be required to settle the transaction in the applicable market. The Custodian shall promptly recredit the amount at the time that the Portfolio or the Fund notifies the Custodian by Proper Instruction that the transaction has been canceled.

  • Adjustment for Common Stock Dividends and Distributions If the Company, at any time or from time to time after the Original Issue Date while this Warrant remains outstanding makes, or fixes a record date for the determination of holders of Common Stock entitled to receive, a dividend or other distribution payable in additional shares of Common Stock, in each such event the Exercise Price that is then in effect shall be decreased as of the time of such issuance or, in the event such record date is fixed, as of the close of business on such record date, by multiplying the Exercise Price then in effect by a fraction (i) the numerator of which is the total number of shares of Common Stock issued and outstanding immediately prior to the time of such issuance or the close of business on such record date, and (ii) the denominator of which is the total number of shares of Common Stock issued and outstanding immediately prior to the time of such issuance or the close of business on such record date plus the number of shares of Common Stock issuable in payment of such dividend or distribution; provided, however, that if such record date is fixed and such dividend is not fully paid or if such distribution is not fully made on the date fixed therefor, the Exercise Price shall be recomputed accordingly as of the close of business on such record date, and thereafter the Exercise Price shall be adjusted pursuant to this Section 3.1(a)(ii) to reflect the actual payment of such dividend or distribution.

  • Determination of Consideration For purposes of this Section 3, the consideration received by the Company for the issue of any Additional Shares of Common Stock shall be computed as follows:

  • Adjustment of Consideration Notwithstanding any restriction or any other matter in this Agreement to the contrary, if, between the date of this Agreement and the Effective Time, the issued and outstanding Purchaser Shares shall have been changed into a different number of shares by reason of any split, consolidation or stock dividend of the issued and outstanding Purchaser Shares or similar event, then the Consideration to be paid per Company Share shall be appropriately adjusted to provide to Company Shareholders the same economic effect as contemplated by this Agreement and the Arrangement prior to such action and as so adjusted shall, from and after the date of such event, be the Consideration to be paid per Company Share.

  • Adjustment Upon Subdivision or Combination of Shares of Common Stock If the Company at any time on or after the Issuance Date subdivides (by any stock split, stock dividend, recapitalization or otherwise) one or more classes of its outstanding shares of Common Stock into a greater number of shares, the Exercise Price in effect immediately prior to such subdivision will be proportionately reduced and the number of Warrant Shares will be proportionately increased. If the Company at any time on or after the Issuance Date combines (by combination, reverse stock split or otherwise) one or more classes of its outstanding shares of Common Stock into a smaller number of shares, the Exercise Price in effect immediately prior to such combination will be proportionately increased and the number of Warrant Shares will be proportionately decreased. Any adjustment under this Section 2(a) shall become effective at the close of business on the date the subdivision or combination becomes effective.

  • Cash in Lieu of Fractional Shares If Physical Settlement or Combination Settlement applies to the conversion of any Note and the number of shares of Common Stock deliverable pursuant to Section 5.03(B)(i) upon such conversion is not a whole number, then such number will be rounded down to the nearest whole number and the Company will deliver, in addition to the other consideration due upon such conversion, cash in lieu of the related fractional share in an amount equal to the product of (1) such fraction and (2) (x) the Daily VWAP on the Conversion Date for such conversion (or, if such Conversion Date is not a VWAP Trading Day, the immediately preceding VWAP Trading Day), in the case of Physical Settlement; or (y) the Daily VWAP on the last VWAP Trading Day of the Observation Period for such conversion, in the case of Combination Settlement.

  • Payment of Consideration The Consideration shall be paid to the Contributor in the following manner:

  • Stock Consideration 3 subsidiary...................................................................53

  • The Consideration 2.1 The Borrower agrees, as consideration for the Loan, to:

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