Preferred Exchange Ratio definition

Preferred Exchange Ratio means: One-Tenth (0.1).

Preferred Exchange Ratio means 1,256,000.

Preferred Exchange Ratio means 0.6356, as it may be reduced pursuant to Section 2.01(g).

Examples of Preferred Exchange Ratio in a sentence

• Each Warrant shall, from and after the Effective Time, evidence the right to purchase a number of shares of MPMAC Common Stock or MPMAC Preferred Stock (rounded to the nearest whole share) equal to the number of shares of Radius Common Stock or Radius Preferred Stock into which such Warrant is exercisable immediately prior to the Effective Date multiplied by the Common Exchange Ratio or Preferred Exchange Ratio, as applicable.

• The new exercise price of the Warrants shall be determined by dividing the exercise price of the Warrants immediately prior to the Effective Date by the Common Exchange Ratio or Preferred Exchange Ratio, as applicable.

• Each share of Series B Preferred shall be converted into, and become exchangeable for, a fraction of a share of Parent Common Stock determined pursuant to the Series B Preferred Exchange Ratio (as defined below).

• Parent may elect, by notice to the Company delivered not later than 5:00 p.m. on the third (3rd) Business Day prior to the anticipated Closing Date, to reduce the Preferred Exchange Ratio, such that, pursuant to the defined terms “Cash Consideration” and “Preferred Reduction Adjustment Amount”, the aggregate amount of the Cash Consideration increases by the amount of the Preferred Reduction Adjustment Amount.

• The Special Committee of the Board of Directors of TMCS has received the opinion, dated as of the date hereof, of Goldman Sachs to the effect that the Class A Exchange Ratio, the Class B Exchange Ratio and the TMCS Preferred Exchange Ratio in the TMCS Merger are, taken as a whole, fair to the holders of TMCS Common Stock, other than Parent and its Subsidiaries (other than TMCS), from a financial point of view.

More Definitions of Preferred Exchange Ratio

Preferred Exchange Ratio means an exchange ratio to be set forth in the certificate of merger to be filed in connection with the LCE Intermediate Holdings Merger, in form and substance reasonably satisfactory to Parent and the Company.

Preferred Exchange Ratio shall have the meaning given thereto in Section 1.07(a).

Preferred Exchange Ratio means 1.000. The Preferred Exchange Ratio shall be calculated to the nearest one-thousandth of a share of DigitalGlobe Series A Preferred Stock.

Preferred Exchange Ratio means a number equal to (1) 300,000 divided by (2) the number of shares of Class B Common Stock issued and outstanding as of the Effective Time.

Preferred Exchange Ratio means 0.5937. Common Exchange Ratio Section 1.1(a) Common Stock Consideration Section 3.1(a)(ii)(2) Parent Preferred Unit Section 1.1(a) PIPE Form 8-K Section 5.3(a) Preferred Exchange Ratio Section 1.1(a) Proxy Statement Section 4.5(b) Series D Preferred Stock Section 5.3(a) Series E Preferred Stock Section 5.3(a) Series F Articles Supplementary Recitals Series F Preferred Stock Recitals”

Preferred Exchange Ratio means (i), with respect to each share of Series D Preferred Stock, the Series D Preferred Exchange Ratio and (ii) with respect to each share of Series E Preferred Stock, the Series E Preferred Exchange Ratio and (iii) with respect to each share of Special RH Preferred Stock, the RH Special Preferred Ratio.

Preferred Exchange Ratio means the number of EVBS Series B Preferred Shares that are issued for a FCB Series A Preferred Share pursuant to Section 2.1(b) hereof.