Adjusted Exchange Ratio definition

Adjusted Exchange Ratio means the product of the Exchange Ratio times the Average Closing Price.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Adjusted Exchange Ratio means 0.3952, or more if and to the extent elected by Parent pursuant to Section 7.1(f).

Adjusted Exchange Ratio means the quotient obtained by dividing (x) the Aggregate Share Consideration, by (y) the Adjusted Total Outstanding Shares.

Examples of Adjusted Exchange Ratio in a sentence

During the five business day period commencing on the date of its receipt of such notice (the "Adjustment Date"), FNB shall have the option to elect to increase the Exchange Ratio to a number equal to the Adjusted Exchange Ratio.
The election contemplated by the preceding sentence shall be made by giving notice to Promistar of such election and of the Adjusted Exchange Ratio, whereupon no termination shall have occurred pursuant to this Section 10.1(g), and this Agreement shall remain in effect in accordance with its terms (except as the Exchange Ratio shall have been so modified), and any references in this Agreement to "Exchange Ratio" shall thereafter be deemed to refer to Adjusted Exchange Ratio.
The Exchange Ratio or the Adjusted Exchange Ratio, as applicable, shall be rounded to the nearest one-ten thousandths of a share.
The parties acknowledge that, notwithstanding the foregoing adjustments, the combined value of the Adjusted Common Stock Cash Consideration and a fraction of a share of Parent Common Stock at the Adjusted Exchange Ratio (based on the closing price per share of the Parent Common Stock on the NASDAQ Stock Market on the date hereof) will be equal to $18.00.
If such notice is given, Fifth Third will have the option to elect to increase the Exchange Ratio such that the product of the Exchange Ratio as so adjusted and the Average Closing Price equals the Book Value Per Share of the Suburban Bancorp Common Stock (the "Adjusted Exchange Ratio") in which event this Agreement will not terminate.

More Definitions of Adjusted Exchange Ratio

Adjusted Exchange Ratio means the product obtained when (i) the Exchange Ratio, is multiplied by (ii) the Adjustment Factor;

Adjusted Exchange Ratio means the product of (i) the BEPC Distribution Ratio multiplied (ii) by the Exchange Ratio.

Adjusted Exchange Ratio has the meaning set forth in Section 3.1A(a)(1).

Adjusted Exchange Ratio means the lesser of:

Adjusted Exchange Ratio means the Exchange Ratio that would be applicable under the first proviso to the definition of Exchange Ratio if Final Adjusted Shareholders' Equity was exactly $1,730,319,000.

Adjusted Exchange Ratio means that quotient (rounded to the nearest cent) determined by dividing (1) the product of the 50% Share Number times 0.6975 by (2) the Final Outstanding Number; (iii) the term "Merger Cash Prorate Amount" shall mean that U.S. dollar cash amount (rounded to the nearest cent) equal to the

Adjusted Exchange Ratio has the meaning set forth in Section 7.01(i).