Examples of Common Conversion Number in a sentence
For purposes of this Agreement, the "Vyteris Common Conversion Number" shall be 4.19.
At the Effective Time, each share of Vyteris Common Stock issued and outstanding immediately prior to the Effective Time shall, by virtue of this Agreement, cease to be outstanding and shall be converted into and become the right to receive a number of shares of Treasure Mountain Common Stock equal to the "Vyteris Common Conversion Number" upon surrender of such certificates evidencing such shares.
For purposes of this Agreement, "Common Conversion Number" means the quotient (rounded to the nearest one hundredth) resulting from dividing (x) the Per-Share Merger Value by (y) the TCI Series A Common Stock Value.
Subject to the terms and conditions of this Agreement, at the Effective Time, each share of Company Common Stock that is issued and outstanding immediately prior to the Effective Time shall, by virtue of the Merger and without the need for any further action on the part of the holder thereof (except as expressly provided herein), be converted into and represent the right to receive the number of shares of Acquirer Common Stock that is equal to the Common Conversion Number.
Upon a Conversion Event, each 1.1 shares of Series A Preferred Stock shall be converted into a number of shares of Common Stock equal to the Common Conversion Number.
Each share of Company Common Stock issued and outstanding immediately prior to the Effective Time (except shares subject to Section 3.1(c) and Dissenting Shares) will be converted into and will thereafter evidence and become that number of shares of TCI Music Common Stock equal to the Common Conversion Number.
Subject to the terms and conditions of this Agreement, at the Effective Time, each share of Company Common Stock that is issued and outstanding immediately prior to the Effective Time shall, by virtue of the Merger and without the need for any further action on the part of the holder thereof (except as expressly provided herein), be converted into and represent the right to receive a number of shares of Acquiror Common Stock equal to the Common Conversion Number.
The dividend per share of Series A Preferred Stock payable for each full quarterly dividend period shall equal the Dividend Rate multiplied by an amount equal to the product of the Common Conversion Number and the then applicable Conversion Price (as defined in the Indenture) of the Notes, and dividing such result by four.
Ensurge shall keep detailed records of the amount of Tailings that are processed each day at the facility, including the basis and calculation method for the relevant figures, and Ensurge shall submit those records to the Owner on at least a weekly basis.
The shareholders 'meeting, the shareholders shall exercise the voting rights in proportion of capital contribution.