Calculation Ratio means the weighted average ratio obtained by weighting the SOX Calculation Ratio (as defined below) at 25/100, the TOPIX Calculation Ratio (as defined below) at 50/100 and the Renesas Peers Calculation Ratio (as defined below) at 25/100, provided that if the growth rate of the total shareholder return (the “TSR”) of the Company is 0% or less, the Calculation Ratio shall be 100% at maximum.
Calculation Ratio means, with respect to each Holder, a fraction where: (x) the numerator equals the sum of (i) the number of Shares and issued Warrant Shares held by such Holder which, at the time of determination, cannot be sold under Rule 144(k) and (ii) the aggregate number of Warrant Shares issuable upon exercise in full of the Warrant held by such Holder and (y) the denominator equals the sum of: (i) the aggregate number of Shares sold to the Original Purchaser thereof pursuant to the Purchase Agreement and (ii) the aggregate number of Warrant Shares issuable on the Closing Date upon exercise in full of the Warrant purchased by the Original Purchaser pursuant to the Purchase Agreement. In the event a Holder holds Shares, Warrants or Warrant Shares deriving from more than one Original Purchaser, the Calculation Ratio and the liquidated damages awardable pursuant to Section 2(b) shall be calculated and awarded separately with respect to those Shares, Warrants and Warrant Shares deriving from each Original Purchaser.
Calculation Ratio has the meaning set forth in Section 8.01(b)(ii) hereof.
Examples of Calculation Ratio in a sentence
The Company shall pay the Manager (or its designated Affiliate) a monthly expense reimbursement of (a) $8,334 multiplied by (b) the then-applicable Committed Calculation Ratio (the “Expense Reimbursement”).
More Definitions of Calculation Ratio
Calculation Ratio means the fraction derived by dividing (i) the Closing Buyer Common Stock Consideration Number, by (ii) the Closing Company Common Stock Consideration Number.
Calculation Ratio means the weighted average ratio obtained by weighting the SOX Calculation Ratio (as defined below) at 25/100, the TOPIX Calculation Ratio (as defined below) at 50/100 and
Calculation Ratio means, with respect to each Holder, a fraction where: (x) the numerator equals the sum of (i) the number of Shares and issued Warrant Shares held by such Holder which, at the time of determination, cannot be sold under Rule 144(k) without volume limitations and (ii) the aggregate number of Warrant Shares issuable upon exercise in full of the Warrant held by such Holder and (y) the denominator equals the sum of: (i) the aggregate number of Shares sold to the Original Purchaser thereof pursuant to the Purchase Agreement and (ii) the aggregate number of Warrant Shares issuable on the Closing Date upon exercise in full of the Warrants purchased by the Original Purchaser pursuant to the Purchase Agreement. In the event a Holder holds Shares, Warrants or Warrant Shares deriving from more than one Original Purchaser, the Calculation Ratio and the liquidated damages awardable pursuant to Section 2(b) shall be calculated and awarded separately with respect to those Shares, Warrants and Warrant Shares deriving from each Original Purchaser.