Stock Conversion Ratio definition

Stock Conversion Ratio is hereby added to the Indenture and shall read as follows:
Stock Conversion Ratio means 0.2917, subject to adjustment as provided in Section 10.04 hereof.
Stock Conversion Ratio means the quotient of (A) the Merger Stock Consideration divided by (B) the sum obtained by adding (i) the Fully-Diluted Number of Shares of Company Common Stock plus (ii) the Fully-Diluted Number of Shares of Series B Preferred Stock plus (iii) the Fully-Diluted Number of Shares of Series A Preferred Stock. (xxxiii) The “Stock Excess Legal Expenses” shall be equal to the quotient of (A) the product obtained by multiplying (x) the Excess Legal Expenses by (y) the Stock Redistribution Percentage divided by (B) the Parent Average Stock Price. (xxxiv) The “Stock Redistribution Percentage” means the quotient of (A) the product of (i) the Company Common Stock Conversion Ratio multiplied by (ii) the Parent Average Stock

Examples of Stock Conversion Ratio in a sentence

  • Intended and Unintended Consequences: A Natural Distinction?” in G.E.M. Anscombe and the Catholic Intellectual Tradition, edited by J.

  • The Preferred Stock Conversion Ratio is subject to adjustment in the event of a stock dividend, stock splits and certain reclassifications.

  • Subject to the other provisions of this Article II, each share of common stock, par value $.001 per share, of the Company ("Company Common Stock") issued and outstanding immediately prior to the Effective Time (excluding any Company Common Stock described in Section 2.01(e) of this Agreement) shall be converted into the right to receive .46 of one fully paid and nonassessable share of common stock, par value $.0l per share, of VTEL ("VTEL Common Stock") (the "Common Stock Conversion Ratio").

  • As a result of the application of the Company Reclassified Class A Common Stock Conversion Ratio and the Company Series A Preferred Stock Conversion Ratio pursuant to Section 2.2(a)(ii), fractional shares of Company Capital Stock will be issued in connection with the Auto Conversion to the holders of record of Company Capital Stock.

  • The exercise price per share of VTEL Common Stock under the new option shall be equal to the exercise price per share of Company Common Stock under the original option divided by the Common Stock Conversion Ratio, provided that such exercise price shall be rounded down to the nearest whole cent.


More Definitions of Stock Conversion Ratio

Stock Conversion Ratio shall be the result obtained by dividing (i) $5,740,000 by (ii) the sum of (A) the number of outstanding Company Shares immediately prior to the Effective Time plus (B) the number of Company Shares issuable upon exercise of all Options (as defined below) outstanding immediately prior to the Effective Time, and dividing such amount by (iii) $12.00. The Stock Conversion Ratio shall be subject to equitable adjustment in the event of any stock split, stock dividend, reverse stock split or similar event affecting the Buyer Common Stock between the date of this Agreement and the Effective Time. Subject to Section 1.14, (Payment to Company's Broker), each Company Stockholder shall be entitled to receive immediately 90% of the shares of Buyer Common Stock into which such Stockholder's Company Shares are converted pursuant to this Section 1.5 rounded to the nearest whole number (with a fractional interest equal to 0.5 rounded to the nearest odd number) (the "Initial Shares"); the remaining 10% of the shares of Buyer Common Stock into which such Company Shares are converted pursuant to this Section 1.5, rounded to the nearest whole number (with a fractional interest equal to 0.5 rounded to the nearest even number) (the "Escrow Shares"), shall be deposited in escrow pursuant to Section 1.9 and shall be held and disposed of in accordance with the terms of the Escrow Agreement. The Initial Shares and the Escrow Shares shall together be referred to herein as the "Merger Shares."
Stock Conversion Ratio has the meaning specified in SECTION 2.6 of this Agreement.
Stock Conversion Ratio has the meaning assigned to such term in Section 2.1(B).
Stock Conversion Ratio means the quotient of (A) the Merger Stock Consideration divided by (B) the sum obtained by adding (i) the Fully-Diluted Number of Shares of Company Common Stock plus (ii) the Fully-Diluted Number of Shares of Series B Preferred Stock plus (iii) the Fully-Diluted Number of Shares of Series A Preferred Stock.

Related to Stock Conversion Ratio

  • Conversion Ratio means the ratio (expressed as the number of Shares to which one Warrant relates) specified by the Issuer, subject to adjustments in accordance with these Conditions.

  • Series A Conversion Rate means, as adjusted pursuant to Section 5.8(b)(vi)(E), the number of Common Units issuable upon the conversion of each Series A Preferred Unit, which shall be the quotient of (a) the sum of (i) the Series A Issue Price, plus (ii) any Series A Unpaid Distributions on the applicable Series A Preferred Unit, plus (iii) only for purposes of the definition of “Series A COC Conversion Rate,” any Series A Partial Period Distributions on the applicable Series A Preferred Unit, divided by (b) the Series A Issue Price.

  • New Conversion Price means the amount determined in accordance with the following formula, which shall apply from the QTE Effective Date: NCP = ECP * (VWAPAES / VWAPOS) where:

  • Series B Conversion Price means, as of the applicable Conversion Date, the greater of (A) the average of the Market Values of the Common Stock for the five consecutive Trading Days preceeding (but not including) such Conversion Date, or (B) the then effective Series B Minimum Conversion Price.

  • Series A Conversion Price shall initially be equal to $0.71. Such initial Series A Conversion Price, and the rate at which shares of Series A Preferred Stock may be converted into shares of Common Stock, shall be subject to adjustment as provided below.

  • Fixed Conversion Price shall have the meaning set forth in Section 4(b).

  • Company Conversion Price means, the lower of (i) the applicable Conversion Price and (ii) that price which shall be computed as 90% of the arithmetic average of the Weighted Average Price of the Common Stock on each of the twenty (20) consecutive Trading Days immediately following the applicable Installment Date (each such period, a "Company Conversion Measuring Period"). All such determinations to be appropriately adjusted for any stock split, stock dividend, stock combination or other similar transaction that proportionately decreases or increases the Common Stock the applicable such Company Conversion Measuring Period.

  • Initial Conversion Price has the meaning specified in Section 13.01.

  • Fixed Conversion Rates means the Maximum Conversion Rate and the Minimum Conversion Rate.

  • Interest Conversion Rate means the lesser of (a) the Conversion Price or (b) 85% of the lesser of (i) the average of the VWAPs for the 10 consecutive Trading Days ending on the Trading Day that is immediately prior to the applicable Interest Payment Date or (ii) the average of the VWAPs for the 10 consecutive Trading Days ending on the Trading Day that is immediately prior to the date the applicable Interest Conversion Shares are issued and delivered if after the Interest Payment Date.

  • 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;

  • Daily Conversion Value means, for each of the 40 consecutive Trading Days during the relevant Observation Period, 2.5% of the product of (a) the Conversion Rate on such Trading Day and (b) the Daily VWAP on such Trading Day.

  • Interest Conversion Price means, with respect to any Interest Date, that price which shall be computed as 100.0% of the arithmetic average of the Weighted Average Price of the Common Stock on each of the ten (10) consecutive Trading Days immediately preceding the applicable Interest Date (each, an “Interest Measuring Period”). All such determinations to be appropriately adjusted for any stock split, stock dividend, stock combination or other similar transaction during such period.

  • Base Conversion Price shall have the meaning set forth in Section 5(b).

  • Conversion Value means, with respect to Convertible Capital Appreciation Bonds, the Accreted Value as of the Conversion Date.

  • Final Preference Share Redemption Date means the date that falls twenty Business Days following the Valuation Date on which the Calculation Agent has determined the Final Preference Share Redemption Amount or, if earlier, the first Auto-Call Valuation Date on which an Auto-Call Trigger Event has occurred.

  • Automatic Conversion Date has the meaning specified in Section 13.14(a).

  • Conversion Rate shall have the meaning specified in Section 14.01(a).

  • Interest Conversion Shares shall have the meaning set forth in Section 2(a).

  • Final Conversion Date means 5:00 p.m. in New York City, New York on the earlier to occur following the IPO of (i) the first Trading Day falling on or after the date on which the outstanding shares of Class B Common Stock represent less than ten percent (10%) of the aggregate number of shares of the then outstanding Class A Common Stock and Class B Common Stock, (ii) the tenth (10th) anniversary of the IPO or (iii) the date specified by affirmative vote of the holders of a majority of the outstanding shares of Class B Common Stock, voting as a single class.

  • Series H Preferred Stock means the Corporation's Series H Convertible Preferred Stock, par value $0.004 per share.

  • Automatic Conversion means the irrevocable and automatic release of all of the Company’s obligations under the Securities (other than the CSO Obligations, if any) in consideration of the Company’s issuance of the Conversion Shares at the Conversion Price to the Conversion Shares Depository (on behalf of the Holders and Beneficial Owners of the Securities) or to the relevant recipient of such Conversion Shares, all in accordance with the terms of the Securities.

  • Exchange Ratio shall have the meaning set forth in Section 24(a) hereof.

  • Early Preference Share Redemption Date means the day falling ten Business Days after the Early Preference Share Valuation Date.

  • Optional Conversion Date means, with respect to the Optional Conversion of any Convertible Preferred Stock, the first Business Day on which the requirements set forth in Section 10(d)(ii) for such conversion are satisfied.

  • Make-Whole Fundamental Change Conversion Period has the following meaning: