Examples of Cash Fraction in a sentence
Any such SPA Cash Payment Election Notice shall specify (A) the percentage of Variable Price Shares to be acquired for cash (the "Cash Fraction") and (B) the percentage of Variable Price Shares to be acquired for Purchaser Stock (the "Stock Fraction"), the aggregate of which shall equal one hundred percent (100%).
Common Stock equal to the product of (1) the Exchange Ratio and (2) a fraction equal to one minus the Cash Fraction.
Section 8.10(a) Business Day.................................Section 8.10(b) Cash Election.................................Section 1.7(e) Cash Fraction........................
Section 2.01(e) Cash Fraction.....................................................
If the Cash Election Amount exceeds the Aggregate Cash Consideration, then, instead of being converted into the right to receive the Cash Consideration, a portion of each holder’s Cash Electing Shares equal to the Cash Fraction (defined below) shall be converted into the right to receive the Cash Consideration and the remaining portion of each holder’s Cash Electing Shares shall be converted into the right to receive the Share Consideration.