Per Share Expense Fund Amount means an amount of cash equal to (a) the Expense Fund divided by (b) the Company Indemnitor Share Number.
Per Share Expense Fund Amount means an amount in cash equal to (i) the Expense Fund Amount divided by (ii) the aggregate number of shares of Company Capital Stock held by all Contributing Securityholders immediately prior to the First Effective Time (in their capacities as such).
Per Share Expense Fund Amount shall be the Expense Fund divided by the number of Fully Diluted Shares.
Examples of Per Share Expense Fund Amount in a sentence
The outstanding and unexercised portion of each such Company Option shall become an option to acquire (A) a number of shares of Parent Common Stock and such option shall (subject to applicable vesting pursuant to the terms of such option) have an exercise price per share, in each case, as set forth on the Allocation Schedule minus (B) the Per Share Expense Fund Amount.
At the First Effective Time, each Share, other than (i) Shares held in the Company’s treasury and (ii) Appraisal Shares, shall, by virtue of the First Merger and without any action on the part of Acquisition Subs, the Company or the holder thereof, be canceled, extinguished and converted into the right to receive an amount in cash equal to the sum of (A) the Per Share Cash Amount, (B) the Per Share Stock Amount, (C) the Per Share Indemnity Distribution Amount, and (D) the Per Share Expense Fund Amount.
More Definitions of Per Share Expense Fund Amount
Per Share Expense Fund Amount means, with respect to each share of Company Capital Stock outstanding immediately prior to the Closing or issuable upon the exercise of a Company Warrant, an amount in cash equal to (i) the Expense Fund divided by (ii) the Company Indemnitor Share Number.
Per Share Expense Fund Amount means, in respect of each share of Company Capital Stock, an amount of cash per share of Company Capital Stock, calculated in accordance with the Certificate of Incorporation of Company and as set forth in the Allocation Schedule.
Per Share Expense Fund Amount means (a) with respect to shares of Company Capital Stock held by an Unaccredited Stockholder or issuable upon the exercise of a Vested Company Option or settlement of a Vested Company RSU, an amount of cash equal to (i) the Expense Fund divided by (ii) the Company Indemnitor Share Number and (b) with respect to each share of Company Capital Stock held by an Accredited Stockholder or issuable upon the exercise of a Company Warrant, a number of shares of Parent Class A Common Stock equal to (i) the Per Share Expense Fund Amount as calculated pursuant to the foregoing clause (a) divided by (ii) the Parent Stock Price.
Per Share Expense Fund Amount means, with respect to each share of Outstanding Capital Stock and each share of Outstanding Capital Stock underlying an Outstanding In-the-Money Vested Option or a Vested RSU held by an Effective Time Holder, the product obtained by multiplying: (A) the Expense Fund Amount; by (B) the Specified Fraction with respect to such share of Outstanding Capital Stock or such share of Outstanding Capital Stock underlying an Outstanding In-the-Money Vested Option or a Vested RSU.
Per Share Expense Fund Amount means the quotient of (i) the Expense Fund divided by (ii) the Adjusted Fully-Diluted Shares Outstanding.
Per Share Expense Fund Amount means, with respect to the Equityholders’ Expense Funds, an amount equal to the amount of the Equityholders’ Representative Expense Funds, divided by the amount of Total Outstanding Shares.
Per Share Expense Fund Amount means, in respect of each share of Company Stock, an amount of cash equal to the quotient obtained by dividing (A) the Expense Fund Amount by (B) the difference between the Fully-Diluted Company Stock and the shares of Company Stock owned by Unaccredited Investors (calculated on an as converted to Company Common Stock basis). “Per Share Holdback Stock” means, in respect of each share of Company Stock held by an Accredited Investor, a number of shares of Acquiror Stock equal to the quotient obtained by dividing (A) the Holdback Shares by (B) the aggregate number of outstanding shares of Company Stock held by Accredited Investors as of immediately prior to the Closing (calculated on an as converted to Company Common Stock basis). “Per Share Holdback Cash” means, in respect of each share of Company Stock underlying a vested Company Option, the quotient obtained by dividing (A) the Holdback Cash by (B) the aggregate number of shares of Company Stock, calculated on an as converted to Company Common Stock basis, that are issuable upon full exercise, exchange or conversion of all vested Company Options. “Per Share Stock Consideration” means, in respect of each share of Company Stock held by an Accredited Investor, a number of shares of Acquiror Stock equal to the quotient obtained by dividing (A) the Aggregate Share Consideration by (B) the aggregate number of outstanding shares of Company Stock held by Accredited Investors as of immediately prior to the Closing (calculated on an as converted to Company Common Stock basis). “Permitted Encumbrances” means (a) statutory liens for current Taxes not yet due and payable and (b) mechanics’, workmen’s, repairmen’s, warehousemen’s, carriers’ or other like Encumbrances arising or incurred in the ordinary course of business or by operation of law if the underlying obligations are not yet due and payable.