Examples of Purchaser Share Value in a sentence
In lieu of any fractional shares of Merger Consideration that would have otherwise been issued, each Seller that would have been entitled to receive a fractional share of Merger Consideration shall, upon proper surrender of such person’s Certificates, receive a cash payment equal to the Purchaser Share Value, multiplied by the fraction of a share that such Seller would otherwise be entitled to receive.
The price of each Purchaser Share obtained pursuant to a Share Election will be the Effective Date Purchaser Share Value.
For purposes of determining the number of shares of Purchaser Common Stock required to satisfy any indemnity obligation of the Company and the Indemnifying Shareholders under this Article XIII (the "Claim Shares"), the value of a share of Purchaser Common Stock shall be equal to the Purchaser Share Value.
Each Management Shareholder shall have the option to satisfy any portion of any liability under subsection (a) above in cash or by transferring and delivering to the appropriate Purchaser Indemnitee Purchaser Shares having a value (calculated on the basis of a value per share equal to the Purchaser Share Value, regardless of fair market value on the date of transfer) equal to such portion of such liability.
The Purchaser currently anticipates the Purchaser Share Value to be Three Dollars ($3.00).