Earnout Shares has the meaning set forth in Section 3.6(a).
Earn-Out Shares has the meaning provided in Section 2.2(b).
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.
Per Share Stock Consideration has the meaning set forth in Section 3.01(a)(i).
Per Share Cash Amount for purposes of this Section 2(b) means an amount equal to the sum of (I) the average of the closing price of the Common Stock for the 20 trading days immediately preceding the date of the Change in Control and (II) any cash dividend payable on a share of Common Stock during the 20 trading-day period described in the foregoing.
Per Share Cash Consideration has the meaning set forth in Section 3.01(a)(ii).
Per Share Amount has the meaning set forth in Section 3.01(c).
Per Share Purchase Price equals $1.00, subject to adjustment for reverse and forward stock splits, stock dividends, stock combinations and other similar transactions of the Common Stock that occur after the date of this Agreement.
Co-op Shares Shares issued by private non-profit housing corporations.
Per Share Merger Consideration has the meaning set forth in Section 3.1(a).
Per Share Value means the average value of the consideration to be received in respect of each outstanding Common Share pursuant to the Qualifying Transaction as determined by mutual agreement of the Independent Directors (as defined in Section 2(b)(ii) below) and the holders of not less than 50% in interest of all outstanding warrants to purchase Common Shares containing this provision, or, if they shall fail to agree, by an Investment Bank.
Exchangeable Share Consideration has the meaning provided in the Exchangeable Share Provisions.
Common Stock Consideration has the meaning set forth in Section 1.6(b).
Aggregate Stock Consideration has the meaning set forth in Section 3.01(b)(iii).
Put Shares means all shares of Common Stock issued, or that the Company shall be entitled to issue, per any applicable Put Notice in accordance with the terms and conditions of this Agreement.
Buyer Shares means the common stock, with a par value of $0.0001 per share, of Buyer.
Consideration Shares has the meaning ascribed thereto in Section 2.2.
Share Consideration has the meaning given to it in Section 2.2;
VMTP Shares has the meaning set forth in the preamble to this Agreement.
Relative Total Shareholder Return means for the Incentive Period the Total Shareholder Return of the Company compared to the Total Shareholder Return of the Peer Group, as more particularly set forth on attached Exhibit C.
Closing Shares shall have the meaning ascribed to such term in Section 2.1(a)(i).
Cash Election Shares shall have the meaning set forth in Section 3.2.1.
Parent Share Price means the average of the volume weighted averages of the trading prices of Parent Common Shares on NYSE (as reported by Bloomberg L.P. or, if not reported therein, in another authoritative source mutually selected by Parent and the Company in good faith) on each of the 20 consecutive trading days ending on (and including) the trading day that is two trading days prior to the Closing Date.
Total Shareholder Return means the total return (change in share price plus reinvestment of any dividends) of a Share.
Stock Election Shares shall have the meaning set forth in Section 3.2.1.
Initial Shares means all of the outstanding shares of Common Stock issued prior to the consummation of the Company’s initial public offering.