Exchange Ratio definition

Exchange Ratio shall have the meaning set forth in Section 24(a) hereof.
Exchange Ratio shall have the meaning set forth in Section 3.1(c).
Exchange Ratio shall have the meaning set forth in Section 2.1(c).

Examples of Exchange Ratio in a sentence

  • Each share of the Preferred Stock, $0.0001 par value per share, of Merger Sub issued and outstanding immediately prior to the Effective Time shall be converted into and become that number of shares of Exchange Shares (the “Exchange Shares) (subject to any adjustment agreed upon by both Spectral and the Target due to the inclusion of additional assets added to Target after the Closing Date-”) according to the Exchange Ratio, as defined below.


More Definitions of Exchange Ratio

Exchange Ratio. As to any Certificate being surrendered for exchange and each Certificate delivered in exchange for such surrendered Certificate, a fraction the numerator of which is equal to the Initial Authorized Denomination of the Class of which such surrendered Certificate forms a part and the denominator of which is equal to the Initial Authorized Denomination of the Class of which the replacement Certificate forms a part.
Exchange Ratio means, subject to Section 1.5(f), the following ratio (rounded to four decimal places): the quotient obtained by dividing (a) the Company Merger Shares by (b) the Company Outstanding Shares, in which:
Exchange Ratio has the meaning set forth in Section 24.1.
Exchange Ratio has the meaning assigned to such term in Section 2.1(B).
Exchange Ratio shall have the meaning as set forth in Section 3.1(a) of the Agreement.
Exchange Ratio means 0.360;
Exchange Ratio has the meaning ascribed to it in Section 3.1.