Examples of Class A Exchange Ratio in a sentence
As of the date of this Agreement, the Polaris Board Special Committee has received an opinion of Evercore Group L.L.C. to the effect that, as of the date of the opinion, after giving effect to the Polaris Special Dividend, the Sirius Exchange Ratio, the Constellation Class A Exchange Ratio and the Constellation Class B Exchange Ratio are fair, from a financial point of view, to the holders of the shares of Polaris Common Stock.
In the Merger, each Stockholder shall receive, in respect of each Class A Share held of record or Beneficially Owned by such Stockholder, shares of Marriott Stock in an amount determined by the "Class A Exchange Ratio" as defined in Section 2.9(b) of the Merger Agreement.
MANNER AND BASIS OF CONVERTING SHARES Exchange Ratio; No Fractional Shares The Class A Exchange Ratio is 1.516, and the Class B Exchange Ratio is 0.0309.
The adjusted Class A Exchange Ratio, assuming a constant $10.00 IPT Common Share exchange value, effectively values each AMIT Class A Share at $15.16 for purposes of the Merger.
The Class A Exchange Ratio was derived by dividing the total number of Class A Wien (NJ) Shares to be issued (115,933,333) by the total number of Class A MM2 Shares (10,000,000).