Series B Preferred Exchange Ratio definition

Series B Preferred Exchange Ratio means the number of HRB Preferred Shares that are issued for an Additional GFH Preferred Share pursuant to Section 2.1(b)(ii) hereof.

Series B Preferred Exchange Ratio is defined in Section 2.02(e).

Series B Preferred Exchange Ratio means --------------------------------- the sum of (A) 1.20 divided by 0.90 multiplied by the Common Stock Exchange Ratio and (B) the Series B Liquidation Preference Ratio. The "Series B -------- Liquidation Preference Ratio" means 1.20 divided by the Parent Share Price. ----------------------------

Examples of Series B Preferred Exchange Ratio in a sentence

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.
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.
Each issued and outstanding share of Ironclad Series B Preferred Stock (other than shares of Ironclad Series B Preferred Stock, if any, that are held by EUTA or MergerCo) shall be converted into the right to receive that number of fully paid and nonassessable shares of EUTA Common Stock equal to the Ironclad Series B Preferred Exchange Ratio, subject in all respects to SECTION 2.9.1.
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.
The Union works to ensure it continues to meet all eligibility criteria in order to qualify to receive the corresponding funding.

More Definitions of Series B Preferred Exchange Ratio

Series B Preferred Exchange Ratio means the quotient (calculated to five decimal places) obtained by dividing (x) the Series B Liquidation Preference by (y) the Average Closing Price.

Series B Preferred Exchange Ratio means the quotient obtained by dividing the Series B Allocation Number by the Aggregate Series B Number.

Related to Series B Preferred Exchange Ratio

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
Series B-2 Preferred Stock means shares of the Company’s Series B-2 Preferred Stock, par value $0.001 per share.
Series C Preferred Shares means the Company’s series C preferred shares, par value US$0.00001 per share.
Series B Preferred Stock means shares of the Company’s Series B Preferred Stock, par value $0.0001 per share.
Series C Preferred Stock means shares of the Company’s Series C Preferred Stock, par value $0.001 per share.
Series A Preference Shares means the Series A Preference Shares of the Company, par value US$0.0001 per share.
Series A Preferred Unit means a Preferred Unit having the designations, preferences, rights, powers and duties set forth in Article XVI.
Series B Preferred means the Company's Series B Preferred Stock, par value $0.01 per share.
Series A Preferred Shares means the Series A Preferred Shares of the Company, par value US$0.0001 per share, with the rights and privileges as set forth in the Memorandum and Articles.
Series B Preferred Shares means the Series B Preferred Shares of the Company, par value US$0.0001 per share.
Company Series C Preferred Stock means the Series C Preferred Stock, par value $0.0001 per share, of the Company.
Series A Preferred Stock means shares of the Company’s Series A Preferred Stock, par value $0.0001 per share.
Company Series B Preferred Stock means the Series B Preferred Stock, par value $0.0001 per share, of the Company.
Series F Preferred Stock means shares of the Company’s Series F Preferred Stock, par value $0.0001 per share.
Series H Preferred Stock means shares of the Company’s Series H Preferred Stock, par value $0.0001 per share.
Company Series A Preferred Stock means the Series A Preferred Stock, par value $0.0001 per share, of the Company.
Series C Preferred Units shall have the meaning provided in Section 1.
Series D Preferred Shares means the Company’s series D preferred shares, par value US$0.00001 per share.
Series F Preferred Shares means the Series F Preferred Shares of the Company, par value US$0.0001 per share, with the rights and privileges as set forth in the Memorandum and Articles.
Series C Preferred means all shares of the Series C Preferred Stock, $0.001 par value per share, of the Company.
Series A-2 Preferred Stock means shares of the Company’s Series A-2 Preferred Stock, par value $0.0001 per share.
Series D Preferred Stock means shares of the Company’s Series D Preferred Stock, par value $0.001 per share.
Series B Preferred Units shall have the meaning provided in Section 1.
Series E Preferred Shares means the Series E Preferred Shares of the Company, par value US$0.0001 per share, with the rights and privileges as set forth in the Memorandum and Articles.
Series B-1 Preferred Shares means the Series B-1 Preferred Shares of the Company, par value US$0.0001 per share, with the rights and privileges as set forth in the Memorandum and Articles.
Series A-1 Preferred Shares means the Company’s series A-1 preferred shares, par value US$0.00001 per share.

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