Aggregate Common Number definition

Aggregate Common Number means the aggregate number of shares of Company Common Stock outstanding immediately prior to the Effective Time (including for this purpose all shares of Company Common Stock issued or issuable upon exercise, conversion or exchange in full of all unvested and vested Company Options and Company Warrants which are not exercised, converted, exchanged or expired as of the Effective Time).

Aggregate Common Number means the aggregate number of shares of Company Common Stock outstanding immediately prior to the Effective Time.

Aggregate Common Number means the aggregate number of shares of Company Common Stock which are (or would be) outstanding immediately prior to the Effective Time

Examples of Aggregate Common Number in a sentence

• If the facts were the same but the Aggregate Common Number were 1,500, then the calculation would be ($2,000,000 / $2.50) /1,500 = 533.33, so each share of Company Common Stock would be exchanged for 533.33 shares of Parent's Common Stock.

• For illustrative purposes only, if the Original Purchase Price were $2,000,000, the Fair Value Per Share were $2.50 and the Aggregate Common Number were 3,400,000, then the Exchange Ratio would be ($2,000,000 / $2.50) / 3,400,000 = .23529, so each share of Company Common Stock would be exchanged for .23529 shares of Parent's Common Stock.

• The "Aggregate Common Number" ----------------------- ----------------------- shall mean the aggregate number of shares of Company Common Stock outstanding immediately prior to the Effective Time.

• The "Exchange Ratio" shall mean the -------------- -------------- quotient obtained by dividing (i) (X) the Original Purchase Price divided by (Y) the Fair Value Per Share as of the Effective Date by (ii) the Aggregate Common Number.

• The "Exchange Ratio" shall mean the quotient -------------- obtained by dividing (i) (X) the Original Purchase Price divided by (Y) the Fair Value Per Share as of the Effective Date by (ii) the Aggregate Common Number.

More Definitions of Aggregate Common Number

Aggregate Common Number has the meaning ascribed to it in Section ------- 1.6. ---

Aggregate Common Number means the sum of (1) the number of shares of Company Common Stock issued and outstanding immediately prior to the Effective Time and (2) the number of shares of Company Common Stock issuable upon exercise, conversion or exchange of any security of the Company issued and outstanding as of the Effective Time that is exercisable, convertible or exchangeable into Company Common Stock (including Company Stock Options (as hereinafter defined)).

Aggregate Common Number means the aggregate number of shares of Company Common Stock outstanding immediately prior to the Effective Time (including all shares of Company Common Stock issued or issuable upon exercise, conversion or exchange in full of all Company Warrants or other Equity Equivalents (including shares of Company Preferred Stock) that are not exercised, converted, exchanged or expired as of the Effective Time, excluding all unvested and vested Company Options); provided, however, that unvested Company Options that will never vest pursuant to their terms as of and after the Effective Time and are held by Company employees that are not Continuing Employees shall not be included in the Aggregate Common Number.

Aggregate Common Number means the aggregate number of Lanacom Common Shares and other voting securities outstanding immediately prior to the Closing Time.

Aggregate Common Number means the aggregate number of shares of USSC Common Stock that are (or would be) outstanding immediately before the Effective Time (including all shares of USSC Common Stock issued or issuable upon conversion of all shares of USSC Preferred Stock and upon exercise, conversion or exchange in full of all unvested and vested USSC Options, USSC Warrants and USSC Stock Purchase Rights that remain outstanding and are not exercised, converted, exchanged or expired as of the Effective Time).

Aggregate Common Number means the aggregate number of shares of Company Common Stock which are (or would be) outstanding immediately prior to the Effective Time (including all shares of Company Common Stock issued or issuable upon conversion of all shares of Company Preferred Stock and upon exercise, conversion or exchange in full or all unvested and vested Company Stock Options, Company Warrants and other Company Rights (as defined below) which remain outstanding and are not exercised, converted, exchanged or expired as of the Effective Time, excluding the Convertible Subordinated Promissory Notes); provided, that solely for purposes of calculating the Aggregate Common Number, it shall be assumed (i) that all such Company Stock Options, Company Warrants and other Company Rights are exercised in full by means of a cash exercise and not be means of a net exercise, whether or not such Company Stock Options, Company Warrants and other Company Rights are in fact so exercised, and (ii) the number of Company Stock Options outstanding as of the Effective Time shall equal (A) the number of Company Stock Options outstanding as of the date of this Agreement, (B) plus the number of Company Stock Options granted after the date of this Agreement, (C) minus the number of Company Stock Options cancelled after the date of this Agreement in connection with bona fide terminations of Company employees, and (D) minus the number of Company Stock Options exercised for shares of Common Stock (to the extent that the resulting shares are issued and outstanding as of the Effective Time).

Aggregate Common Number means the aggregate number of shares of Company Common Stock outstanding immediately prior to the Effective Time (including all shares of Company Common Stock issued or issuable upon conversion of all shares of Company Preferred Stock which participate with the Company Common Stock in the Merger and upon exercise, conversion or exchange in full of all unvested and vested Company Options, Company Warrants and Company Stock Purchase Rights which are not exercised, converted, exchanged or expired as of the Effective Time).