Per Common Share Closing Merger Consideration means an amount equal to the quotient of (a) (i) $650,000,000, which is the aggregate face amount of 650,000 shares of Parent Preferred Stock, plus (ii) the aggregate value of 11,500,000 shares of Parent Common Stock based on the Parent Stock Price, plus (iii) the aggregate amount of Cash Merger Consideration, plus (iii) the Aggregate Option Exercise Proceeds plus (iv) the Aggregate Warrant Proceeds, less (v) the Escrow Amount, less (vi) the SR Expense Fund divided by (b) the number of shares of Company Common Stock Deemed Outstanding, all as set forth on the Payout Spreadsheet, which amount will be payable as set forth in Section 1.10.
Per Common Share Closing Merger Consideration means the quotient of (a) the Closing Merger Consideration divided by (B) the Fully Diluted Shares.
Per Common Share Closing Merger Consideration means the number of shares of Parent Common Stock equal to the quotient obtained by dividing (a) the sum of the Closing Parent Stock Consideration by (b) the Fully Diluted Shares.
Examples of Per Common Share Closing Merger Consideration in a sentence
If the Closing Merger Consideration exceeds the Preferred Stock Closing Merger Consideration, subject to Section 3.9, each holder of Common Stock shall be entitled to receive upon the Effective Time with respect to each share of Common Stock held by such Company Stockholder immediately prior to the Effective Time, the Per Common Share Closing Merger Consideration.
More Definitions of Per Common Share Closing Merger Consideration
Per Common Share Closing Merger Consideration means the number designated as such on the Allocation Statement, which represents the following:
Per Common Share Closing Merger Consideration has the meaning set forth in Section 1.6(a).