Split Factor definition

Split Factor means the quotient obtained by dividing (a) the Per Share Company Value by (b) $10.00.
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Split Factor means a number resulting from dividing (i) the Equity Value by (ii) the product of (x) the Aggregate Fully Diluted Company Shares, and (y) 10.
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Split Factor means a number resulting from dividing (i) the Equity Value by (ii) the product of (x) the Aggregate Fully Diluted Company Shares, and (y) 10. “Sponsor” means Silver Crest Management LLC, a Cayman Islands limited liability company.
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Examples of Split Factor in a sentence

  • Each certificate outstanding immediately prior to the Effective Time representing shares of Common Stock shall, until surrendered to the Corporation in exchange for a certificate representing such new number of shares of Common Stock as determined in paragraph (1), automatically represent from and after the Effective Time that number of shares of Common Stock equal to the number of shares shown on the face of the certificate multiplied by the Stock Split Factor.

  • Each certificate then outstanding representing shares of Common Stock shall automatically represent from and after the Effective Time that number of shares of Common Stock equal to the number of shares shown on the face of the certificate multiplied by the Stock Split Factor.

  • Each certificate then outstanding representing shares of Common Stock (including those certificates that represent shares of Common Stock as a result of the Reclassification) shall automatically represent from and after the Effective Time that number of shares of Common Stock equal to the number of shares shown on the face of the certificate multiplied by the Stock Split Factor.

  • For reference purposes only, an illustrative calculation of the Stock Split (and Split Factor) is set forth on Exhibit H hereto.

  • Each stock certificate representing shares of Common Stock outstanding immediately prior to the Effective Time shall automatically represent from and after the Effective Time that number of shares of Common Stock equal to the number of shares shown on the face of the certificate multiplied by the Stock Split Factor.

  • A holder of Common Stock or Class B Common Stock who immediately prior to the Effective Time owns a number of shares of Common Stock or Class B Common Stock which is not evenly divisible by the Stock Split Factor shall be issued cash in lieu of the fractional interest.

  • Immediately upon the Effective Time, each share of Class B Common Stock outstanding at the Effective Time shall be, without further action by the Corporation or any of the holders thereof, changed and converted into a number of shares of Class B Common Stock equal to that number determined by multiplying each outstanding share of Class B Common Stock by the Stock Split Factor.

  • Prior to the filing of such Form 10, the Company shall effect a forward stock split of the Company’s Common Stock (“Split”) whereby each share of Common Stock outstanding is subdivided into between 20 and 60 shares of Common Stock (such figure, the “Split Factor”), provided that the Split Factor shall be subject to approval by the Investor.

  • The “ Series G Conversion Price” at which shares of Ordinary Shares shall be deliverable upon conversion of shares of Series G Shares shall be equal to the Original Issue Price of the Series G Shares, divided by the Ordinary Share Split Factor.

  • The “ Series C Conversion Price” at which shares of Ordinary Shares shall be deliverable upon conversion of shares of Series C Shares shall be equal to the Original Issue Price of the Series C Shares, divided by the Ordinary Share Split Factor.


More Definitions of Split Factor

Split Factor means a number resulting from dividing (i) the Equity Value by (ii) the product of (x) the aggregate number of Class A Ordinary Shares and Class B Ordinary Shares outstanding immediately prior to the Stock Split (assuming, for the purposes of this clause (x), the exercise on a cashless basis of all outstanding options to acquire Class A Ordinary Shares or Class B Ordinary Shares and all Class A Ordinary Shares or Class B Ordinary Shares underlying any outstanding RSUs, in each case, disregarding any time vesting provisions thereof), and (y) 10.
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Split Factor means an amount equal to a fraction, (a) the numerator of ------------ which is the Estimated Closing Common Value divided by 10, and (b) the denominator of which is 102,000. Unless otherwise indicated, all references in this Agreement to numbers of shares of CII Common Stock assume and shall give effect to the prior completion of the Stock Split. After the Closing, CII shall pay all fees and taxes incurred by reason of the filings provided for in this Section 3.1 (but such fees and expenses will not be included as accrued expenses in calculating the Net Working Capital Amount).
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Split Factor means a number resulting from dividing (i) $600,000,000 by (ii) the product of (x) 9.05292 and (y) 10.
Sample 1

Related to Split Factor

  • Adjustment Factor means, with respect to a share of the Fund (or one unit of any other security for which a Fund Closing Price must be determined), 1.0, subject to adjustment in the event of certain events affecting the shares of the Fund. See “—Anti-dilution Adjustments Relating to the Fund; Alternate Calculation —Anti-dilution Adjustments” below.

  • Conversion Factor means 1.0, provided that in the event that the General Partner (i) declares or pays a dividend on its outstanding REIT Shares wholly or partly in REIT Shares or makes a distribution to all holders of its outstanding REIT Shares wholly or partly in REIT Shares, (ii) subdivides its outstanding REIT Shares, or (iii) combines its outstanding REIT Shares into a smaller number of REIT Shares, the Conversion Factor shall be adjusted by multiplying the Conversion Factor by a fraction, the numerator of which shall be the number of REIT Shares issued and outstanding on the record date for such dividend, distribution, subdivision or combination (assuming for such purposes that such dividend, distribution, subdivision or combination has occurred as of such time), and the denominator of which shall be the actual number of REIT Shares (determined without the above assumption) issued and outstanding on such date and, provided further, that in the event that an entity other than an Affiliate of the General Partner shall become General Partner pursuant to any merger, consolidation or combination of the General Partner with or into another entity (the “Successor Entity”), the Conversion Factor shall be adjusted by multiplying the Conversion Factor by the number of shares of the Successor Entity into which one REIT Share is converted pursuant to such merger, consolidation or combination, determined as of the date of such merger, consolidation or combination. Any adjustment to the Conversion Factor shall become effective immediately after the effective date of such event retroactive to the record date, if any, for such event; provided, however, that if the General Partner receives a Notice of Redemption after the record date, but prior to the effective date of such dividend, distribution, subdivision or combination, the Conversion Factor shall be determined as if the General Partner had received the Notice of Redemption immediately prior to the record date for such dividend, distribution, subdivision or combination.

  • Load Factor means the ratio of average demand for a designated time period (usually one month) to the maximum demand occurring in that period;

  • Power Factor means the ratio of usage power measured in kW to total power measured in kVA;

  • Change of Control Period means the period commencing on the date hereof and ending on the third anniversary of the date hereof; provided, however, that commencing on the date one year after the date hereof, and on each annual anniversary of such date (such date and each annual anniversary thereof shall be hereinafter referred to as the "Renewal Date"), unless previously terminated, the Change of Control Period shall be automatically extended so as to terminate three years from such Renewal Date, unless at least 60 days prior to the Renewal Date the Company shall give notice to the Executive that the Change of Control Period shall not be so extended.

  • Stock Split means any kind of stock split in relation to the Shares, including a free share distribution to the holders of Shares, a stock dividend or a sub-division of Shares;

  • Limited Indexation Factor means, in respect of a Limited Indexation Month or Limited Indexation Date, as the case may be, the ratio of the Index Figure applicable to that month or date, as the case may be, divided by the Index Figure applicable to the month or date, as the case may be, twelve months prior thereto, provided that (a) if such ratio is greater than the Maximum Indexation Factor specified in the relevant Final Terms, it shall be deemed to be equal to such Maximum Indexation Factor and (b) if such ratio is less than the Minimum Indexation Factor specified in the relevant Final Terms, it shall be deemed to be equal to such Minimum Indexation Factor;