Exchanged Share definition

Exchanged Share means a security that is exchanged for a Share in a Change of Control Event;
Exchanged Share means a security that is exchanged for a share in an Acceleration Event;
Exchanged Share and collectively the "Exchanged Shares"), in exchange for the consideration provided herein. The Parties agree that the Exchanges shall be part of a single transaction. As a result, the obligation of each Transferor to transfer the Exchanged Shares to Merger Sub is conditioned on the simultaneous transfer by each other Transferor of such Transferor's HTI Common Stock or waiver by Merger Sub, in its sole discretion, of the obligations of such non-transferring Transferors.

Examples of Exchanged Share in a sentence

  • As of the Effective Time, by virtue of the Merger, each issued and outstanding Exchanged Share will be converted into the right to receive the Merger Consideration, payable, to the Record Holders of Exchanged Shares at the Effective Time.

  • Each such Exchanged Share shall no longer be outstanding, shall automatically be canceled and retired and shall cease to exist, and each holder of a certificate formerly representing any such Exchanged Shares shall, to the extent such certificate formerly represented such Exchanged Shares, cease to have any rights with respect thereto, except the right to receive the Merger Consideration applicable thereto, upon surrender of such certificate in accordance with Section 2.07 hereof.

  • As of the Effective Time, by virtue of the Merger, each issued and outstanding Exchanged Share will be converted into the right to receive the Merger Consideration due in respect thereof, payable, to the Record Holders of Exchanged Shares at the Effective Time.

  • Each Papernuts Exchanged Share was converted into the number of Papernuts Exchanged Shares at an exchange ratio of 42.617187019 (the “Exchange Ratio”), rounded, if necessary, up to the nearest whole share.

  • In lieu of issuing fractional shares, the Company shall issue the highest whole number of Exchanged Shares according to the formula set forth in Section 1.1(a) plus cash in an amount equal to the fraction of an Exchanged Share to which the Investor would otherwise be entitled multiplied by the Determination Price.

  • Each share of Class A Preferred Stock issued and outstanding immediately prior to the Effective Time (the "Class A Exchanged Shares") shall, by virtue of the Merger, be converted into (i) one Surviving Corporation Common Share (the "Class A Base Merger Consideration") and (ii) the right to receive all Merger Consideration Adjustments with respect to each Class A Exchanged Share (the "Class A Merger Consideration Adjustment") (clauses (i) and (ii) together, the "Class A Merger Consideration").

  • As of the Effective Time, by virtue of the Merger, each issued and outstanding Exchanged Share will be converted into the right to receive the Stock Merger Consideration, payable, to the Record Holders of Exchanged Shares at the Effective Time.

  • Each Exchanged Share was exchanged for 0.316 Junior Preference Shares, Series 1, 0.316 Junior Preference Shares, Series 2 and 0.158 Junior Preference Shares, Series 3, representing a value of US$19.72 per Exchanged Share.

  • Any share of CPC Common Stock may be exchanged by the Purchaser by surrender of such share (the "Exchanged Share") with a written notice requesting an exchange pursuant to the terms hereto, duly executed by the Purchaser to CCO at its principal office.

  • In lieu of issuing fractional shares, VRTX shall issue the highest whole number of Exchanged Shares according to the formula set forth in Section 1.1(a) plus cash in an amount equal to the fraction of an Exchanged Share to which the Fund would otherwise be entitled multiplied by the Determination Price.

Related to Exchanged Share

  • Company Share means one share of common stock of the Company, $0.01 par value per share.

  • Per Share Consideration means (i) if the consideration paid to holders of the Common Stock consists exclusively of cash, the amount of such cash per share of Common Stock, and (ii) in all other cases, the volume weighted average price of the Common Stock as reported during the ten (10) trading day period ending on the trading day prior to the effective date of the applicable event. If any reclassification or reorganization also results in a change in shares of Common Stock covered by subsection 4.1.1, then such adjustment shall be made pursuant to subsection 4.1.1 or Sections 4.2, 4.3 and this Section 4.4. The provisions of this Section 4.4 shall similarly apply to successive reclassifications, reorganizations, mergers or consolidations, sales or other transfers. In no event will the Warrant Price be reduced to less than the par value per share issuable upon exercise of the Warrant.

  • Class B Shares means the Class B ordinary Shares in the capital of the Company of $0.0001 nominal or par value designated as Class B Shares, and having the rights provided for in these Articles.

  • A Shares means a participating share of no par value in the capital of the Fund, denominated in US Dollars;

  • Consideration Shares shall have the meaning set forth in Section 2.7(c).

  • Aggregate Stock Consideration means a number of shares of Purchaser Common Stock equal to (i) the Purchase Price less the Aggregate Cash Consideration and less the Aggregate Note Consideration, divided by (ii) the Average Market Price.

  • Series D Preferred Shares means the Company’s series D preferred shares, par value US$0.00001 per share.

  • Class B Share means a Class B ordinary share of a par value of US$0.0001 in the share capital of the Company.

  • Series C Preferred Shares means the Company’s series C preferred shares, par value US$0.00001 per share.

  • Company Shares has the meaning set forth in the Recitals.

  • Exchange Shares has the meaning set forth in Section 2.01(b).