Examples of Common Stock Portion in a sentence
The aggregate exercise price of this Warrant after the consummation of such Qualifying Transaction shall be equal to the product of (i) the aggregate Exercise Price of this Warrant for the number of Warrant Shares purchasable pursuant to this Warrant immediately prior to the completion of the Qualifying Transaction and (ii) the Common Stock Portion.
In the event of a Qualifying Transaction in which the Common Stock Portion is more than zero, then the holder of this Warrant shall surrender this Warrant at the time of payment of the Intrinsic Value Amount in exchange for a warrant of like tenor representing the right to purchase the number of shares of Voting Common Stock determined pursuant to Section 2(a)(4)(C)(3) at the aggregate exercise price as determined pursuant to Section 2(a)(4)(C)(3).
Although the cash portion of the Exchange Consideration for each Exchange Offer is fixed, the Common Stock Portion of the Exchange Consideration for each Exchange Offer may vary depending on the final value of the Exchange Consideration determined for such Exchange Offer by the “Modified Dutch Auction” procedure described herein.
Valuation of Shares and Calculation of Common Stock Portion of Annual Fees.
The issuance, sale and delivery of the Preferred Stock Portion and the Common Stock Portion will have been duly authorized by the Closing Date by all necessary corporate action on the part of ILD.
The number of shares of Common Stock you receive as part of the Exchange Consideration will equal the quotient obtained by dividing (x) the Common Stock Portion for such Exchange Offer by (y) the 5-day VWAP, as further described herein.
The number of shares of Common Stock you receive as part of the Exchange Consideration will equal the quotient obtained by dividing (x) the Common Stock Portion for such Exchange Offer by (y) the 8-day VWAP, as further described herein.
If WorldCom at any time and from time to time should desire to sell the Preferred Stock Portion or the Common Stock Portion, it shall give ILD notice of such intention setting forth the terms upon which it proposes to make such sale and give ILD the first right to purchase all of such securities or such lesser portion as may be selected by ILD.
The total value of all of the Common Stock Portion paid to the Shareholders collectively represents not less than fifty percent (50%) of the total Merger Consideration.
Each share of Common Stock outstanding immediately prior to the Effective Time (other than any shares of Common Stock held in the treasury of the Company immediately prior to the Effective Time, which shares shall be canceled and extinguished without any payment being made in respect thereof, or any Company Dissenting Shares) shall be converted into the right to receive a number of Parent Common Shares equal to the Common Stock Portion and the Additional Stockholder Consideration Portion.