Split Factor definition

Split Factor means the quotient obtained by dividing (a) the Per Share Company Value by (b) $10.00.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

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.

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).

Examples of Split Factor in a sentence

For reference purposes only, an illustrative calculation of the Stock Split (and Split Factor) is set forth on Exhibit H hereto.
For reference purposes only, an illustrative calculation of the Share Split (and Split Factor) is set forth on Exhibit H hereto.
The Split Factor shall be adjusted to reflect appropriately the effect of any stock split, split-up, reverse stock split, stock dividend or stock distribution (including any dividend or distribution of securities convertible into Company Ordinary Shares), reorganization, recapitalization, reclassification, combination, exchange of shares or other like change (in each case, other than the Stock Split) with respect to Company Ordinary Shares occurring on or after the date hereof and prior to the Closing.
The Parties will use a Traffic Split Factor for Carrier to use to ▇▇▇▇ Industry for the traffic terminated (Land Originated) by Carrier from Industry.
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.
Student Step = increments of 6 students When instructors co-teach, they must each be assigned a Co-Teaching Split Factor.
If instructors are not co-teaching, they have a Co-Teaching Split Factor of 100%.
Equity Value $350,000,000 Aggregate Fully Diluted Company Shares 10,000 ordinary shares Split Factor 350,000,000/(10,000*10)=3,500 Authorised Share Capital of the Company Immediately prior to the Share Split, the authorised share capital of the Company is US$50,000 divided into 499,994,900 Class A Ordinary Shares of a par value of US$0.0001 each and 5,100 Class B Ordinary Shares of a par value of US$0.0001 each.

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 Fully Diluted Company Shares, and (y) 10. “Sponsor” means Silver Crest Management LLC, a Cayman Islands limited liability company.

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.

Split Factor means a number resulting from dividing (i) $600,000,000 by (ii) the product of (x) 9.05292 and (y) 10.