Examples of Stock Proration Factor in a sentence

For the avoidance of doubt, for Tax purposes, no adjustment shall be made to the Merger Consideration, Maximum Cash Shares in Merger, Merger Cash Proration Factor or Merger Stock Proration Factor to reflect the effect of any cash distribution permitted to be made by the Company under this Agreement prior to the Effective Time, including any cash dividend paid pursuant to Section 6.4(a).
A stock proration factor (the " Stock Proration Factor") shall be determined by dividing (x) the difference between the Cash Election Number and the number of Cash Electing Bank Shares, by (y) the total number of Non-Electing Bank Shares.
A number of Non-Electing Bank Shares of each shareholder equal to the product of (x) the Stock Proration Factor and (y) the total number of Non-Electing Bank Shares of such shareholder shall be converted into the right to receive the Cash Election Price (and a Cash Election shall be deemed to have been made with respect to such Bank Shares).
The "Stock Proration Factor" shall be a fraction, the numerator of which is the Stock Cap and the denominator of which is the Requested Stock Amount.

More Definitions of Stock Proration Factor

Stock Proration Factor means (A) the Stock Share Number divided by (B) the Stock Electing Shares Number.

Stock Proration Factor has the meaning set forth in Section 4.02(e).

Stock Proration Factor has the meaning set forth in ss.2(f)(ii).

Stock Proration Factor shall have the meaning given such term in Section 2.7(d)."

Stock Proration Factor is defined in Section 2.07(c)(i) of the Agreement.

Stock Proration Factor means a fraction (x) the numerator of which shall be the Stock Consideration Cap and (y) the denominator of which shall be the product of the aggregate number of Company Shares subject to all Stock Elections made by all holders of Company Shares, multiplied by the Stock Consideration. All Company Shares subject to a Stock Election, other than that number converted into the right to receive the Stock Consideration in accordance with this Section 2.1(e)(ii), shall be converted into the right to receive the Cash Consideration. All prorations resulting from this Section 2.1(e)(ii) shall be applied on a pro rata basis, such that each Stockholder who tenders subject to a Stock Election bears its proportionate share of the proration, based on the percentage of the total Company Shares subject to a Stock Election tendered by such Stockholder to the aggregate Company Shares tendered subject to Stock Elections.

Stock Proration Factor means a fraction the numerator of which shall be a number equal to 45% of the Aggregate Shares and the denominator of which shall be the aggregate number of Shares covered by all Stock Elections made by all holders of Shares. All Shares covered by a Stock Election, other than that number converted into the right to receive the Stock Consideration in accordance with this Section 2.04(c)(ii), shall be converted into the right to receive the Cash Consideration.