Series A Exchange Ratio definition

Series A Exchange Ratio means the sum of (a) the Common Exchange Ratio and (b) the quotient obtained by dividing (i) the Series A Preferred Dividend by (ii) the Closing Date Share Value.

Series A Exchange Ratio shall have the meaning specified in Section 3.01(b).

Series A Exchange Ratio means the result obtained by dividing (i) the product of (A) the Series A Preference Percentage multiplied by (B) the Preferred Merger Shares, by (ii) the total number of shares of Series A Preferred Stock outstanding immediately prior to the Effective Time.

Examples of Series A Exchange Ratio in a sentence

• DLJ has delivered to the board of directors of STC its written opinion to the effect that, as of the date hereof, the Common Exchange Ratio, the Series A Exchange Ratio and the Series B Exchange Ratio to be offered to the stockholders of STC in the proposed transaction are fair to such stockholders from a financial point of view.

• Xxxxxx Brothers has delivered to the board of directors of CGI its written opinion to the effect that, as of the date hereof, each of the Common Exchange Ratio, the Series A Exchange Ratio and the Series B Exchange Ratio is fair to the holders of shares of CGI Common Stock from a financial point of view.

• In the event that the number of Series A GFH Preferred Shares presented for exchange pursuant to Section 2.2 as of the Effective Time shall be greater than the number of Series A GFH Preferred Shares represented in Section 3.2 as being outstanding as of the date hereof, then the Series A Exchange Ratio shall be appropriately and proportionately decreased to take into account such additional issued and outstanding, and issuable Series A GFH Preferred Shares.

• Each share of Series A Preferred Stock of Company ("Series A Preferred Stock") issued and outstanding immediately prior to the Effective Time (other than any shares of Series A Preferred Stock to be cancelled pursuant to Section 2.4(b) and any Dissenting Shares) will be cancelled and extinguished and be converted automatically into the right to receive 0.142636 shares of Parent Common Stock (the "Series A Exchange Ratio").

• Subject to Section 1.12, each issued and outstanding share of Series A Preferred Stock (other than shares to be canceled in accordance with Section 1.6(b) and any Dissenting Shares to the extent provided in Section 1.9) shall, by virtue of the Merger and without any action on the part of the holder thereof, be converted into the right to receive that fraction of a share of Parent Common Stock equal to the Series A Exchange Ratio.

More Definitions of Series A Exchange Ratio

Series A Exchange Ratio as defined in Section 2.7(a).

Series A Exchange Ratio will equal the quotient obtained by dividing (A) the total number of Merger Shares not issued to the holders of ANI Series D Preferred Stock under clause (i) above, ANI Series C Preferred Stock under clause (ii) above or ANI Series B Preferred Stock under clause (iii) above, by (B) the number of outstanding ANI Series A Preferred Stock immediately prior to the Effective Time.

Series A Exchange Ratio means that number equal to a quotient, (A) the numerator of which shall be the Aggregate Series A Share Number, and (B) the denominator of which shall be the total number of shares of Company Series A Preferred Stock assuming full exercise of all warrants and stock options that are exercisable for Company Series A Preferred Stock.

Series A Exchange Ratio means the quotient, rounded to fourth decimal place, of (A) 7,491.86, divided by (B) the number of shares of Series A Preferred Stock, or issuable upon exercise or conversion of all options or warrants for, securities convertible into, or other rights to acquire Series A Preferred Stock, outstanding immediately prior to the Effective Time.

Series A Exchange Ratio means the sum of (A) the Common Exchange Ratio, plus (B) the quotient obtained by dividing (i) $2.4909462 by (ii) the Parent Share Price.

Series A Exchange Ratio means a fraction, the numerator of which is (x) the number of shares of Company Common Stock into which a single share of Company Preferred Stock is entitled to convert immediately prior to the Effective Time, and the denominator of which is (y) the number of shares of Company Common Stock and Company Common Stock Equivalents outstanding immediately prior to the Effective Time.

Series A Exchange Ratio means the number of Merger Shares into which each share of Series A Preferred will be converted pursuant to this Agreement.