Examples of Series B Preferred Exchange Ratio in a sentence
Each Adjusted Parent Series C Option shall be exercisable for a number of shares of Parent Series C Preferred Stock equal to (i) the number of shares of Acuity Series B Preferred Stock subject to the Acuity Preferred Option to which such Adjusted Parent Series C Option relates multiplied by (ii) the Acuity Series B Preferred Exchange Ratio, rounded to the nearest whole number of shares.
The per share exercise price of each Adjusted Parent Series C Option shall equal (A) the per share exercise price of the Acuity Preferred Option to which such Adjusted Parent Series C Option relates divided by (B) the Acuity Series B Preferred Exchange Ratio, rounded to the nearest whole cent.
The Union works to ensure it continues to meet all eligibility criteria in order to qualify to receive the corresponding funding.
Each holder of an Acuity Series B Preferred Warrant shall also receive a Parent Warrant to purchase a number of shares of Parent Common Stock equal to (w) the product of the Acuity Warrant Number and the Acuity Series B Preferred Exchange Ratio multiplied by 100 (z) for each share of Acuity Series B Stock which the Acuity Series B Preferred Warrant was exercisable into immediately prior to the Acuity Merger Effective Time.
To the extent necessary, the Parties shall make appropriate adjustment to the Ironclad Common Exchange Ratios, Ironclad Series A Preferred Exchange Ratio, or Ironclad Series B Preferred Exchange Ratio, as applicable, to ensure that the sum of the Merger Consideration Shares and Merger Consideration Reserved Shares shall be equal to the Merger Consideration.
Additionally, the relevant context and characteristics of the case study island of Sao Miguel is also discussed in Section 2.