Examples of Company Per Share Value in a sentence
The Company Per Share Value shall equal the quotient determined by dividing the Purchase Price by the fully diluted number of shares of Company common stock outstanding immediately prior to the close of this transaction (reflecting all shares subject to the Company Options, without applying the treasury method).
To the extent that the Company has insufficient cash from such sources to satisfy its obligation to make the Reimbursement Payments, then the shortfall shall be reimbursed by the issuance of further shares of Voting Common Stock at the Company Per Share Value.
The “Conversion Factor” shall be equal to the quotient of the Company Per Share Value divided by the Commerce Stock Price (as defined below and rounded to four decimal places) if the Commerce Stock Price is greater than or equal to $36.59 and less than or equal to $40.59.
If the Commerce Stock Price is less than $36.59, the Conversion Factor shall be equal to the quotient of Company Per Share Value divided by $36.59.
The number of Parent Company Shares which shall be distributed upon the exercise by the WM Partner of the WM Partner Termination Right shall be that number which, when multiplied by the Parent Company Per Share Value (defined below), results in a product which equals the value of the WM Partner Equity Interest.