Preliminary Exchange Ratio definition

Preliminary Exchange Ratio is defined as follows: X = O where “I”, “C” and “O” have the same meanings as in the definition of Exchange Ratio.
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Preliminary Exchange Ratio means the result of the following calculation: Preliminary Exchange Ratio = 6.4672 + [(X ¸ 33,868,998)/5.17)] Where:
Sample 1
Preliminary Exchange Ratio means the good faith estimate of the Exchange Ratio as determined in accordance with Section 2.6 hereof.
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Examples of Preliminary Exchange Ratio in a sentence

  • Announces Preliminary Exchange Ratio Applicable to Shares Acquired from CUSA Technologies, Inc.

  • In Equation 2, we use Relative Executive Compensation (Relative Exe Comp) as the dependent variable while in Equation 3, we use the Relative Employee Pay as the dependent variable.

  • At the closing of the merger, each outstanding share of BioCardia common stock, including common stock underlying outstanding BioCardia preferred stock and convertible notes (which were converted immediately prior to the effective time), were converted into the right to receive approximately 196.9 million shares of common shares of Tiger X equal to the Preliminary Exchange Ratio as defined in the Merger Agreement.

  • The parties shall cooperate in good faith to finalize the Closing Statements, and provide each other with reasonable access as necessary to their books, records and personnel pursuant to Section 5.5. Once the Closing Statements are finalized, the parties shall calculate the Preliminary Exchange Ratio based on the figures set forth in the Closing Statements.

  • The Preliminary Exchange Ratio shall then be used to determine pursuant to Section 3.6, the number of shares of Carolina First Common Stock to be reserved as provided in such Section 3.6 for issuance upon exercise of all such former CB&T Options.

  • For purposes of this Agreement, the “Adjusted Exercise Price” for any Company Adjusted Option shall mean the price per share of Parent Common Stock equal to the price per share under such Company Stock Option divided by the Preliminary Exchange Ratio (rounded up to the nearest cent).

  • Carolina First shall determine the preliminary exchange ratio (the "Preliminary Exchange Ratio") by dividing 1,021,202 shares of Carolina First Common Stock by the sum of (x) all issued shares of CB&T Common Stock immediately prior to the Effective Time, plus the (y) aggregate number of shares of CB&T Common Stock issuable upon the exercise of all outstanding CB&T Options as of the Effective Time (in no event to exceed 61,429 shares of CB&T Common Stock (the "Option Shares")).


More Definitions of Preliminary Exchange Ratio

Preliminary Exchange Ratio means Unadjusted Per Share Purchase Price divided by the Average Starting Price.
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Related to Preliminary Exchange Ratio

  • Option Exchange Ratio means the quotient of (i) the Common Per Share Consideration divided by (ii) the Acquirer Stock Price.

  • Reference Exchange Rate means the exchange rate which is used as the basis to calculate any currency exchange and which is made available by the payment service provider or comes from a publicly available source;

  • Share Exchange Ratio means the ratio at which the Transferee Bank shares shall be allotted to the Transferor Banks’ shareholders as set out in the Schedule; and

  • Spot Exchange Rate has the meaning specified in the related Terms Document.

  • Canadian-U.S. Exchange Rate means, on any date, the inverse of the U.S. - Canadian Exchange Rate in effect on such date;

  • Prevailing Exchange Rate means, for purposes of translating, as of any date, any amount in a non-U.S. currency to U.S. dollars, the spot mid-rate of exchange between such currencies prevailing as of 4 p.m., New York City time, on such date, as displayed on, or derived from, Bloomberg page “BFIX” (or, if such page is not available, its equivalent successor page) in respect of such currencies. If such rate cannot be determined as provided in the immediately preceding sentence on such date (which, for the purpose of this definition, will be deemed to be the “affected day”), then the Prevailing Exchange Rate for such date will be determined mutatis mutandis but with respect to the immediately preceding day on which such rate can be so determined; provided, however, that, if such immediately preceding day is before the fifth (5th) day before such affected day, or if such rate cannot be so determined, then the Prevailing Exchange Rate will be determined in such other commercially reasonable manner as determined by the Company in good faith.

  • Equity Award Exchange Ratio means the sum, rounded to the four decimal places, equal to (i) the Exchange Ratio, plus (ii) the quotient of (A) the Cash Consideration, divided by (B) the Parent ADS Price.

  • U.S.-Canadian Exchange Rate means, on any date:

  • Market Exchange Rate means, unless otherwise specified with respect to any Securities pursuant to Section 301, (i) for any conversion involving a currency unit on the one hand and Dollars or any Foreign Currency on the other, the exchange rate between the relevant currency unit and Dollars or such Foreign Currency calculated by the method specified pursuant to Section 301 for the Securities of the relevant series, (ii) for any conversion of Dollars into any Foreign Currency, the noon buying rate for such Foreign Currency for cable transfers quoted in New York City as certified for customs purposes by the Federal Reserve Bank of New York and (iii) for any conversion of one Foreign Currency into Dollars or another Foreign Currency, the spot rate at noon local time in the relevant market at which, in accordance with normal banking procedures, the Dollars or Foreign Currency into which conversion is being made could be purchased with the Foreign Currency from which conversion is being made from major banks located in either New York City, London or any other principal market for Dollars or such purchased Foreign Currency, in each case determined by the Exchange Rate Agent. Unless otherwise specified with respect to any Securities pursuant to Section 301, in the event of the unavailability of any of the exchange rates provided for in the foregoing clauses (i), (ii) and (iii), the Exchange Rate Agent shall use, in its sole discretion and without liability on its part, such quotation of the Federal Reserve Bank of New York as of the most recent available date, or quotations from one or more major banks in New York City, London or other principal market for such currency or currency unit in question, or such other quotations as the Exchange Rate Agent shall deem appropriate. Unless otherwise specified by the Exchange Rate Agent, if there is more than one market for dealing in any currency or currency unit by reason of foreign exchange regulations or otherwise, the market to be used in respect of such currency or currency unit shall be that upon which a nonresident issuer of securities designated in such currency or currency unit would purchase such currency or currency unit in order to make payments in respect of such securities.

  • Party B Final Exchange Amount The Sterling equivalent of the Party A Final Exchange Amount converted by reference to the Dollar Currency Exchange Rate.

  • Exchange Ratio shall have the meaning set forth in Section 24(a) hereof.

  • Daily Exchange Value means, for each of the 20 consecutive Trading Days during the Observation Period, one-twentieth (1/20) of the product of (a) the applicable Exchange Rate and (b) the Daily VWAP of the Common Stock (or the Reference Property, if applicable) on such day.

  • Applicable Exchange Rate means, with respect to any Contract denominated and payable in Euros or GBPs on any day, the lesser of (a) the applicable currency Dollar spot rate used by the Borrower (as determined by the Collateral Manager) to acquire such currency on the date such Contract is included in the Borrower Collateral and (b) the Applicable Conversion Rate for such currency.

  • FX Exchange Rate means the FX Exchange Rate as specified in § 2 of the Product and Underlying Data.

  • Reference Market Price shall initially mean $25.165 and, in the event of any adjustment to the Conversion Price pursuant to Sections 15.5(a), (b), (c), (d), (e), (f) or (g), the Reference Market Price shall also be adjusted so that the ratio of the Reference Market Price to the Conversion Price after giving effect to any such adjustment shall always be the same as the ratio of $25.165 to the initial Conversion Price specified in the form of Debenture attached hereto (without regard to any adjustment thereto).

  • Open Market Adjustment Amount shall have the meaning specified in Section 2(I).

  • Exchange Rate means, in relation to any amount of currency to be converted into U.S. Dollars pursuant to this Agreement, the U.S. Dollar exchange rate as published in the Wall Street Journal on the relevant date of calculation.

  • Fallback Reference Price (if the relevant parties have specified an alternate Commodity Reference Price in the Confirmation);

  • Reference Number means ninety-eight million, one-hundred eighty-one thousand, eight hundred eighteen (98,181,818) shares of DHI Common Stock (as adjusted for any stock split, stock dividend, reverse stock split or similar event occurring after the Merger).

  • Applicable Market Value has the meaning specified in Section 5.1.

  • Consolidated Secured Net Leverage Ratio means, with respect to any Test Period, the ratio of (a) Consolidated Secured Net Debt as of the last day of such Test Period to (b) Consolidated EBITDA for such Test Period.

  • Reference Exchange means XETRA.

  • Optional Exchange Date means any date on which Underlying Securities subject to Optional Exchange are distributed to a Certificateholder.

  • Party B Interim Exchange Amount In respect of each Interim Exchange Date, the Sterling equivalent of the Party A Interim Exchange Amount for such Interim Exchange Date converted by reference to the Dollar Currency Exchange Rate.

  • Multi-Exchange Index , if applicable, means each Reference Item specified under the heading "Underlying" in the Product Terms to be a Multi-Exchange Index.

  • Adjusted Leverage Ratio means, on any date of determination, the ratio of (i) Adjusted Liabilities to (ii) Tangible Net Worth.