Merger Ratio definition

Merger Ratio means the number of Merger Shares divided by the sum of (i) the number of shares of Company Common Stock outstanding at the Effective Time, plus (ii) the number of shares of Company Common Stock issuable upon the exercise of Options outstanding as of the Effective Time.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedBook a Demo

Merger Ratio has the meaning set forth in Section 3.2.2

Merger Ratio means the product of the relevant number of shares and 0.72, rounded down to the nearest whole Share.

Examples of Merger Ratio in a sentence

• In the event that, subsequent to the date of this Agreement but prior to the Effective Time, Parent changes the number of Parent Ordinary Shares, or the Company changes the number of shares of Company Common Stock issued and outstanding as a result of a stock split, reverse stock split, stock dividend, recapitalization or other similar transaction, the Common Stock Merger Ratio and other items dependent thereon shall be appropriately adjusted.

• The final Merger Ratio assessment shall be binding upon the parties for all intents and purposes.

• If objections are submitted to the Assessor regarding the preliminary Merger Ratio, the parties shall instruct the Assessor to submit his final assessment to the parties within 15 days of receipt of the parties’ objections.

• The Board of Directors of Santa Fe has received the opinion of Credit Suisse First Boston Corporation to the effect that, as of the date of this Agreement, the Merger Ratio is fair to Santa Fe from a financial point of view.

• For purposes of this Agreement, the "Merger Ratio" shall equal 0.665.

More Definitions of Merger Ratio

Merger Ratio means that ratio equal to 10,000,000 divided by the number of shares of FD Capital Stock (as defined below) (which, for purposes of calculating the Merger Ratio, the FD Capital Stock shall include all of FD’s outstanding warrants, options and other securities that are exercisable or exchangeable for, or convertible into, shares of FD Capital Stock). This provision shall not apply to Appraisal Shares (as defined below).

Merger Ratio means the quotient of the Company Common Value divided by the TSI Share Value determined as of the Effective Time. In addition, following the Effective Time, the per share exercise price for the TSI Common issuable upon exercise of the Warrant shall be equal to the quotient, rounded down to the nearest whole cent, of the exercise price per share of the Company at which such Warrant was exercisable at the Determination Time divided by the Merger Ratio. Following the Effective Time, the Warrant shall continue to have, and be subject to, the same terms and conditions as provided in the agreement governing such Warrant at the Determination Time, except as set forth in this Section.

Merger Ratio means the quotient resulting from dividing $35,968,734.72 by $825,000;

Merger Ratio means the number of Merger Shares divided by the sum of (i) the number of shares of Company Common Stock outstanding at the Effective Time, plus (ii) the number of shares of Company Common Stock issuable upon the exercise of Options outstanding as of the Effective Time, plus (iii) 159,000.

Merger Ratio means the number of shares of common stock issued to the holders of Spinco Common Stock in the Merger divided by the fully diluted RMT Partner Common Stock.

Merger Ratio means a fraction, the numerator of which shall be equal to the Spinco Percentage and the denominator of which shall be equal to the Hanover Percentage.

Merger Ratio means the quotient resulting from dividing 49 percent by 51 percent.