Base Exchange Ratio definition

Base Exchange Ratio means 0.2745.

Base Exchange Ratio means the quotient of (i) the Aggregate Common Consideration Shares, divided by (ii) the number of Included SpinCo Shares.

Base Exchange Ratio means 26 shares of Common Stock to one (1) share of Series B Preferred Stock.

Examples of Base Exchange Ratio in a sentence

• The Base Exchange Ratio was calculated on a fully diluted basis, assuming a number of fully diluted shares of Linx of 178,361,138 on the transaction consummation date and represented a total consideration of R$37.78 for each Linx share.

• The Linx Plans will not be accelerated, and STNE will deliver to the beneficiaries of the Linx Plans, in lieu of Linx shares, a portion Class A Shares StoneCo (or StoneCo’s BDRs, as applicable) and another portion in cash, subject to the terms of the Base Exchange Ratio that may be applied on the date of the Merger of Shares.

• The Linx Plans will not be accelerated, and STNE will deliver to the beneficiaries of the Linx Plans, in lieu of Linx’s Shares, a portion of Class A Shares StoneCo or StoneCo’s BDRs and another portion of cash, subject to the terms of the Base Exchange Ratio that may be applied on the date of the Merger of Shares.

• The Base Exchange Ratio was calculated on a fully diluted basis, assuming a number of fully diluted shares of Linx of 178,361,138 on the transaction consummation date and represented a total consideration of R$ 37.78 for each Linx share.

• During the five-day period commencing with its receipt of such notice, NDC shall have the option, in its sole discretion, to elect to revise the Common Exchange Ratios to equal that fraction of a share of NDC Common Stock (rounded to the nearest ten thousandth of a share) obtained by dividing the product of the Common Base Exchange Ratio or the Common Escrow Exchange Ratio, as the case may be, and the Lower Threshold Price by the Average Closing Price at the Determination Date.

More Definitions of Base Exchange Ratio

Base Exchange Ratio means the quotient of (a) the Aggregate Parent Common Stock Consideration, divided by (b) the aggregate number of shares of SpinCo Common Stock outstanding as of immediately prior to the Effective Time.

Base Exchange Ratio means the following (in each case rounded to four decimal places): I. if the Average Parent Stock Price is greater than $28.70, then the Base Exchange Ratio shall be 3.1360; II. if the Average Parent Stock Price is greater than or equal to $22.32 but less than or equal to $28.70, then the Base Exchange Ratio shall equal the quotient obtained by dividing (y) $90.00 by (z) the Average Parent Stock Price; or III. if the Average Parent Stock Price is less than $22.32, then the Base Exchange Ratio shall be 4.0320. Notwithstanding the foregoing, if the Base Exchange Ratio would be greater than 3.5280 but for this paragraph, then Parent shall have the right, in its sole discretion, to reduce the Base Exchange Ratio to no less than 3.5280 (such election, the “Cash Top-Up Election” and, the amount by which Parent has decided to reduce the Base Exchange Ratio (rounded to four decimal places), the “Base Exchange Ratio Reduction”) and, in such case, the Base Exchange Ratio shall be the amount determined by Parent pursuant to this paragraph. Parent shall make a public announcement of its determination to make a Cash Top-Up Election, and the Base Exchange Ratio Reduction, to the extent applicable, at least two (2) Trading Days prior to the Closing Date.

Base Exchange Ratio means the following (in each case rounded to four decimal places):

Base Exchange Ratio means 0.1193.

Base Exchange Ratio means the quotient obtained by dividing (i) the Aggregate Common Share Consideration by (ii) the Aggregate Fully Diluted Company Common Shares.

Base Exchange Ratio is determined in accordance with Section 3.03(a).

Base Exchange Ratio has the meaning set forth in Section 3.1(a).