Examples of Series A Cash Consideration in a sentence
A holder of shares of Community First Capital Stock converted in the Merger who would otherwise have been entitled to a fractional share of American Common Stock shall be entitled to receive a cash payment (without interest) in lieu of such fractional share in an amount determined by multiplying (i) the fractional share interest to which such holder would otherwise be entitled by (ii) the Per Share Common Cash Consideration or the Per Share Series A Cash Consideration, as appropriate.
The number of Series A Merger Shares is calculated by dividing (i) the Series A Merger Consideration less the Series A Cash Consideration, by (ii) the Trading Price.
The remaining Company Transaction Expenses shall be deducted from the Merger Consideration as follows: 50%, less $50,000 (the "Common Stock Transaction Expenses"), shall be deducted from the Common Stock Cash Consideration or the Substitute Common Stock Cash Consideration, as the case may be, and the remaining amount (the "Series A Transaction Expenses") shall be deducted from the Series A Cash Consideration or the Substitute Series A Cash Consideration, as the case may be.
Each issued and outstanding share of Series A Preferred Stock shall be converted into and represent the right to receive the Series A Cash Consideration, in cash.
The Closing Working Capital Schedule shall set forth the Buyer Group's calculations at and as of January 31, 1999 of the Net Working Capital and the Series A Cash Consideration Adjustment , as such terms are defined in subsection (e) of this Section 2.3. On January 29, 1999, Company has conducted its standard month end physical inventory in accordance with the past practices of the Company (the "Inventory").
All such shares of Series A Preferred Stock, when so converted, shall no longer be outstanding and shall automatically be canceled, retired and extinguished and shall cease to exist, and each certificate which immediately prior to the Effective Time represented any such shares shall thereafter represent the right to receive, upon surrender of such certificate in accordance with the provisions of Section 2.10, the Series A Cash Consideration into which such shares have been converted in accordance herewith.
If the Series A Required Vote is received for the Series A Amendment, each share of Series A Preferred Stock shall, in addition to the consideration described in the first sentence of this Section 1.5(a)(iv), be converted into (A) an amount of cash equal to $14.113 (the "Series A Cash Consideration"); and (B) and one-half ( 1/2) share of Holding Series A (as defined in Section 1.7(a)).
The Series A Exchange Ratio is calculated by dividing (i) the quotient obtained by dividing (A) the Series A Merger Consideration less the Series A Cash Consideration, by (B) the number of Outstanding Shares of Series A Preferred, by (ii) the Trading Price.
As a result, the Series A Cash Consideration Per Share, the Series B Cash Consideration Per Share, the Warrant Cash Consideration Per Share and the Common Cash Consideration Per Share, as the case may be, to which each Effective Time Company Stockholder is entitled to receive pursuant to Section 2.7(d) and Section 2.7(h) shall be reduced by an amount obtained by multiplying (x) such Effective Time Company Stockholder’s Pro Rata Portion by (y) the Escrow Amount, rounded to the nearest cent.