Examples of Per Share Parent Stock Consideration in a sentence
The number of shares of Parent Series H-1 Preferred Stock into which each Company Share owned by an Accredited Stockholder is converted shall be equal to the quotient obtained by dividing the Per Share Parent Stock Consideration by the Parent Stock Price.
No Per Share Cash Consideration or Per Share Parent Stock Consideration will be issued or paid to the holder of any unsurrendered Company Stock Certificate with respect to shares of Company Capital Stock formerly represented thereby until the holder of record of such Company Stock Certificate shall surrender such Company Stock Certificate and validly executed Exchange Documents pursuant hereto.
The Company and Parent acknowledge that, under the Nasdaq Stock Market Rules, the holders of the Per Share Parent Stock Consideration will not be entitled to vote on the Parent Stockholder Proposal.
Each share of Company Common Stock issued and outstanding immediately prior to the Effective Time (other than Cancelled Shares, Dissenting Shares and Company Restricted Stock), shall be converted into the right to receive the Per Share Parent Stock Consideration and any portion of the Contingent Consideration that may be payable in respect of such share of Company Common Stock, each at the respective times and subject to the contingencies specified in Section 2.08.
Notwithstanding anything contained herein and for the avoidance of doubt, the Parties hereto acknowledge and agree that the aggregate Per Share Cash Consideration paid by Parent under this Agreement, and the aggregate Per Share Parent Stock Consideration issued by Parent under this Agreement, shall collectively, in no event, exceed an aggregate value equal to the Total Consideration Value (with Parent Common Stock having a value per share equal to the Parent Trading Price).
Each Company Stock Certificate so surrendered outstanding after the First Effective Time will be deemed, for all corporate purposes thereafter, to evidence only the right to receive the Per Share Cash Consideration (with respect to shares for which the Cash Election has been made) or the Per Share Parent Stock Consideration (with respect to shares for which the Stock Election has been made) issuable or payable in exchange for the Company Capital Stock represented by such Company Stock Certificate.