Consolidation Ratio definition

Consolidation Ratio means, with respect to the Cline Common Shares, the ratio by which Cline Common Shares outstanding on the Plan Implementation Date at the relevant time (including, for the avoidance of doubt, any Cline Common Shares that are Existing Cline Shares and any Cline Common Shares that are New Cline Common Shares issued pursuant to the Plan) are consolidated pursuant to the Plan, as agreed by the Applicants, the Monitor and Marret (on behalf of the Secured Noteholders).
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Consolidation Ratio means such number of post-Consolidation Engine Gaming Shares received by holders of Engine Gaming Shares pursuant to the Consolidation for each one pre-Consolidation Engine Gaming Share held;
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Consolidation Ratio means one post-consolidated Broadway Common Share for every eight (8) pre- consolidated Broadway Common Shares;
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Examples of Consolidation Ratio in a sentence

  • Although the iridium photocatalyst used in this transformation is a potent reductant in its reduced state,56 neither aryl bromide 2d nor aryl iodide 2e underwent any observable dehalogenation.

  • Outstanding stock options and warrants were adjusted by the Consolidation Ratio.

  • Treatment of Auryn WarrantsEach Auryn Warrant outstanding as the Effective Time will be deemed to be exchanged for Fury Gold Replacement Warrant which will be exercisable at the exercise price of the Auryn Warrant it replaces divided by the Consolidation Ratio, permitting the holder to acquire the aggregate of: (i) one Fury Gold Share times the Consolidation Ratio; (ii) one SpinCo Sombrero Share; and (iii) one SpinCo Curibaya Shares.

  • The board of directors of Halley has received the oral opinion (to be confirmed in writing) of the Halley Financial Advisor to the effect that, as of the date of such opinion and based on and subject to the assumptions, procedures, factors, qualifications and limitations set forth in such opinion, the Halley Share Consolidation Ratio in the transactions contemplated by this Agreement is fair, from a financial point of view, to the holders of Halley Common Stock.

  • Share certificates deposited into brokerage accounts after the implementation of the Consolidation will also be adjusted by the Consolidation Ratio.


More Definitions of Consolidation Ratio

Consolidation Ratio means the quotient that results from division of 75,900,000 by the number of outstanding Auryn Shares immediately prior to the Effective Time and represents the fraction that each New Auryn Share will represent of each Auryn Share upon exchange of New Auryn Shares for Auryn Shares when the Arrangement completes;
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Consolidation Ratio has the meaning ascribed thereto in the definition of Consolidation.
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Consolidation Ratio means the consolidation ratio of one post-Consolidation AIM2 Common Share for every 26.565 pre-Consolidation AIM2 Common Shares;
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Consolidation Ratio means the number of Current EFI Common Shares which are converted into one Post-Consolidation EFI Common Share;
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Consolidation Ratio means, with respect to the Class A Shares, the ratio by which Class A Shares outstanding on the Plan Implementation Date at the relevant time (including, for the avoidance of doubt, any Class A Shares that are Existing Shares and New Common Shares issued pursuant to the Plan) are consolidated pursuant to the Plan, as agreed by the Applicant, the Monitor and the Majority Initial Consenting Noteholders.
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Consolidation Ratio means the ratio of 1,000,000:1 (which, for greater certainty, when expressed as a fraction is 1/1,000,000).
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Consolidation Ratio means the ratio for the Consolidation, being one (1) Post-Consolidation Baden Share for every 3.333333 pre-Consolidation Baden Shares held.
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