Examples of Parent Closing Share Price in a sentence
Each holder of Company Common Stock who otherwise would have been entitled to a fraction of a share of Parent Common Stock shall receive in lieu thereof cash (without interest) in an amount determined by multiplying the fractional share interest to which such holder would otherwise be entitled (after taking into account all shares of Company Common Stock owned by such holder at the Effective Time) by the Parent Closing Share Price.
In lieu thereof, each such Person entitled to a fraction of a share of Parent Ordinary Shares (after aggregating all fractional shares of Parent Ordinary Shares that otherwise would be received by such Person at such time) shall receive an amount in cash equal to the Parent Closing Share Price or Parent Indemnification Share Price, as applicable, multiplied by the fraction of a share of Parent Ordinary Shares to which such Person otherwise would be entitled.