Common use of Exchange Value Clause in Contracts

Exchange Value. Each share of Company Common Stock issued and outstanding immediately prior to the Effective Time (other than any such shares held in the treasury of the Company, which are being canceled as provided in paragraph (c) below) are being converted into the right to receive 582.2371 shares of Parent Common Stock, which represents the quotient obtained by dividing the number of outstanding shares of Company Common Stock by the Aggregate Parent Common Stock Consideration.

Appears in 1 contract

Samples: Merger Agreement (Bisys Group Inc)

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Exchange Value. Each share of Company Common Stock issued and outstanding immediately prior to the Effective Time (other than excluding any such shares held in the treasury of the Company, which are being canceled shall be cancelled as provided in paragraph (cd) below) are (such shares being referred to herein as the "Exchange Shares") shall be converted into the right to receive 582.2371 the number of shares of Parent Common StockStock (the "Exchange Value"), which represents the quotient obtained determined by dividing the number of outstanding shares of Company Common Stock by the Aggregate Parent Common Stock ConsiderationConsideration by the aggregate number of Exchange Shares.

Appears in 1 contract

Samples: Merger Agreement (Bisys Group Inc)

Exchange Value. Each share of Company Common Stock issued and outstanding immediately prior to the Effective Time (other than any such shares held in the treasury of the Company, which are being canceled as provided in paragraph (c) below) are being converted into the right to receive 582.2371 613.1550 shares of Parent Common Stock, which represents the quotient obtained by dividing the number of outstanding shares of Company Common Stock by the Aggregate Parent Common Stock Consideration.

Appears in 1 contract

Samples: Merger Agreement (Bisys Group Inc)

Exchange Value. Each share of Company Common Stock issued and outstanding immediately prior to the Effective Time (other than any such shares held in the treasury of the Company, which are being canceled as provided in paragraph (cshall be canceled) below) are being shall be converted into the right to receive 582.2371 that number of shares of Parent Common Stock, Stock which represents at the quotient obtained Effective Time results from dividing the Stock Payment by dividing the number of issued and outstanding shares of Company Common Stock by the Aggregate Parent Common Stock Consideration(other than treasury shares).

Appears in 1 contract

Samples: Merger Agreement (Healthworld Corp)

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Exchange Value. Each share of Company Common Stock issued and outstanding immediately prior to the Effective Time (other than any such shares held in the treasury of the Company, which are being canceled as provided in paragraph (c) below) are being converted into the right to receive 582.2371 148.6436 shares of Parent Common Stock, which represents the quotient obtained by dividing the number of outstanding shares of Company Common Stock by the Aggregate Parent Common Stock Consideration.

Appears in 1 contract

Samples: Merger Agreement (Bisys Group Inc)

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