Stock Fraction definition

Stock Fraction shall have the meaning set forth in Section 3.1(h).
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Stock Fraction shall have the meaning ascribed to it in Section 2.1(g)(iii)(D).
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Stock Fraction. Section 2.01(g) "Subsidiary" Section 3.01(b) "Surviving Corporation" Section 1.01 "Surviving Corporation Material Adverse Effect" Section 7.06(f) "Takeover Proposal" Section 6.05(c) "Target Party" Section 9.05(b)(i)(C) "Task Force" Section 7.20(a) "Tax", "Taxable", "Taxes", "Taxing" Section 3.11(g) "Tax Ratio" Section 2.01(l) "TE" Section 6.01 "to the knowledge of the executive officers" Section 10.04(d) "Violation" Section 3.04 "Voting Debt" Section 3.02(a) "wholly owned Subsidiary" Section 3.18(b) 7 TABLE OF CONTENTS Page
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Examples of Stock Fraction in a sentence

  • RESOLVED FURTHER, that the exercise price of the Rights shall be $40.00 per Preferred Stock Fraction and that the redemption price therefor shall be $.01 per Right, in each case, subject to the adjustments set forth in the Rights Agreement.

  • Subject to the provisions of Section 11 and Section 22 hereof, the Rights Certificates, whenever distributed, shall entitle the holders thereof to purchase such number of Preferred Stock Fractions as shall be set forth therein at the price set forth therein (such exercise price per Preferred Stock Fraction, the “Purchase Price”), but the amount and type of securities purchasable upon the exercise of each Right and the Purchase Price thereof shall be subject to adjustment as provided herein.

  • Any such SPA Cash Payment Election Notice shall specify (A) the percentage of Variable Price Shares to be acquired for cash (the "Cash Fraction") and (B) the percentage of Variable Price Shares to be acquired for Purchaser Stock (the "Stock Fraction"), the aggregate of which shall equal one hundred percent (100%).

  • The number of Rights evidenced by this Rights Certificate (and the number of Preferred Stock Fractions which may be purchased upon exercise thereof) set forth above, and the Purchase Price per Preferred Stock Fraction set forth above, are the number and Purchase Price as of the close of business on March 2, 1999, based on the Preferred Stock as constituted at such date.

  • Each Preferred Stock Fraction carries voting and dividend rights that are intended to produce the equivalent of one share of Common Stock.

  • Each Right entitles the registered holder to purchase from the Company one one-hundredth of a share (a "Preferred Stock Fraction") of the Company's Series A Preferred Stock, par value $.01 per share (the "Preferred Stock"), or a combination of securities and assets of equivalent value, at a purchase price of $40.00 per Preferred Stock Fraction (the "Purchase Price"), subject to adjustment.

  • This opinion is limited to the specific opinions expressly stated herein, and no other opinion is implied or may be inferred beyond the specific opinions expressly stated herein.

  • Except in the circumstances described below, after the Distribution Date each Right will be exercisable into a Preferred Stock Fraction.

  • The number of Rights evidenced by this Rights Certificate and the number of Preferred Stock Fractions which may be purchased upon exercise thereof and the Purchase Price per Preferred Stock Fraction, set forth above, are the number of Rights, number of one Preferred Stock Fractions and Purchase Price as of _____________, 19__2, based on the Preferred Stock as constituted at such date.

  • Each Stock Election Share will be converted into: - A number of shares of DTE Common Stock equal to the product of 0.715 and a fraction, the numerator of which is the Stock Election Number, and the denominator of which is the total number of Stock Election Shares (the "Stock Fraction"); and - An amount in cash equal to the product of $24.00 and a fraction equal to one minus the Stock Fraction.


More Definitions of Stock Fraction

Stock Fraction is defined in Section 2.2(h)(ii)(A)(2).
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Stock Fraction has the meaning set forth in Section 1.9(a)(iii).
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Stock Fraction has the meaning specified in Section 3.01(e). --------------
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Stock Fraction has the meaning set forth in Section 1.6(f)(y)(ii).
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Related to Stock Fraction

  • PO Fraction With respect to any Discount Mortgage Loan, the difference between 1.0 and the Non-PO Fraction for such Mortgage Loan; with respect to any other Mortgage Loan, zero. Pool Balance (Non-PO Portion): As of any Distribution Date, the sum of the amounts for each Mortgage Loan that is an Outstanding Mortgage Loan of the product of (i) the Non-PO Fraction for such Mortgage Loan and (ii) the Scheduled Principal Balance of such Mortgage Loan. Pool Balance (PO Portion): As of any Distribution Date, the sum of the amounts for each Mortgage Loan that is an Outstanding Mortgage Loan of the product of (i) the PO Fraction for such Mortgage Loan and (ii) the Scheduled Principal Balance of such Mortgage Loan.

  • Fractional Share means a fractional share in the ICAV issued in accordance with Section 12.5.

  • Non-PO Fraction With respect to any Mortgage Loan, the lesser of (i) 1.00 and (ii) the quotient obtained by dividing the Net Mortgage Interest Rate for such Mortgage Loan by 6.500%.

  • Class P Fraction Any Class I-P, Class II-P or Class III-P Fraction, as applicable.

  • Exchangeable Share Consideration has the meaning provided in the Exchangeable Share Provisions;

  • Applicable Fraction means Applicable Fraction as defined in Section 42(c)(1)(B) of the IRC.

  • Adjustment Fraction shall have the meaning set forth in Section 11(a)(i) hereof.

  • Per Share Consideration means (i) if the consideration paid to holders of the Common Stock consists exclusively of cash, the amount of such cash per share of Common Stock, and (ii) in all other cases, the volume weighted average price of the Common Stock as reported during the ten (10) trading day period ending on the trading day prior to the effective date of the applicable event. If any reclassification or reorganization also results in a change in shares of Common Stock covered by subsection 4.1.1, then such adjustment shall be made pursuant to subsection 4.1.1 or Sections 4.2, 4.3 and this Section 4.4. The provisions of this Section 4.4 shall similarly apply to successive reclassifications, reorganizations, mergers or consolidations, sales or other transfers. In no event will the Warrant Price be reduced to less than the par value per share issuable upon exercise of the Warrant.

  • Pro Rata Fraction means a fraction, the numerator of which shall be equal to the number of days between the Grant Date and the Participant’s Date of Termination and the denominator of which shall be 1095.

  • Share Consideration has the meaning given to it in Section 2.2;

  • Per Share Stock Consideration has the meaning set forth in Section 3.01(a)(i).

  • Common Stock Consideration has the meaning set forth in Section 1.6(b).

  • Unit Share has the meaning ascribed thereto in the first paragraph of this Agreement;

  • Common Share means one share of the common stock of the Company.

  • Maximum Common Stock Issuance shall have the meaning specified in Section 2(H).

  • Common Stock Equivalent means any Convertible Security or warrant, option or other right to subscribe for or purchase any Additional Shares of Common Stock or any Convertible Security.

  • Common Share Equivalent shall have the meaning ascribed to it in Section 11(a)(iii) hereof.

  • Stock Consideration has the meaning set forth in Section 2.01(c).

  • Company Share means one share of common stock of the Company, $0.01 par value per share.

  • Per Share Cash Consideration has the meaning set forth in Section 3.01(a)(ii).

  • Defined Benefit Fraction means a fraction, the numerator of which is the sum of the Projected Annual Benefits of the Participant involved under all Defined Benefit Plans (whether or not terminated) maintained by the Employer or Affiliate, and the denominator of which is the lesser of 125% of the dollar limitation determined for the Limitation Year under Code Sections 415(b) or (d) or 140% of the Participant's Highest Average Limitation Compensation, including any adjustments under Code Section 415(b). However, if the Participant was a Participant as of the first day of the first Limitation Year beginning after December 31, 1986, in one or more Defined Benefit Plans maintained by the Employer or Affiliate which were in existence on May 5, 1986, the denominator of this fraction will not be less than 125% of the sum of the annual benefits under such Plans which the Participant had accrued as of the close of the last Limitation Year beginning before January 1, 1987, disregarding any changes in the terms and conditions of the plans after May 5, 1986. The preceding sentence applies only if the Defined Benefit Plans individually and in the aggregate satisfied the requirements of Code Section 415 for all Limitation Years beginning before January 1, 1987.

  • Aggregate Stock Consideration has the meaning set forth in Section 3.01(b)(iii).

  • Per Share Amount has the meaning set forth in Section 2.2.1 hereof.

  • Fractional Undivided Interest Means the fractional undivided interest in the Trust that is evidenced by a Certificate.

  • Purchase Consideration means the aggregate net cash proceeds received by the Company or Specialty Foods Corporation ("SFC") (after deducting all fees and expenses incurred by the Company, SFC and/or their respective affiliates in connection with the Sale). By way of example, if the Purchase Consideration equaled $500,000,000, your Sale Bonus would be $500,000. The Sale Bonus shall be paid to you within three (3) months of the completion of the Sale.

  • Fully Diluted Shares means the sum, without duplication, of (a) the number of shares of Common Stock issued and outstanding immediately prior to the Effective Time, (b) the number of shares of Preferred Stock that are issued and outstanding immediately prior to the Effective Time and (c) the number of shares of Common Stock underlying the Restricted Stock Units or any other equity or other convertible securities that are issued and outstanding immediately prior to the Effective Time.