Stock Ratio means 0.89.
Stock Ratio means the number that is the result of (i) the number obtained by dividing the U.S. dollar equivalent of Cdn$6,000,000, determined as of the Closing Date (or such other date before the Closing as Cellegy and Vaxis may agree), by the Cellegy Average Price determined as of the date of this Agreement (or such other date before the Closing as Cellegy and Vaxis may agree), divided by (ii) the aggregate number of Purchased Shares.
Examples of Stock Ratio in a sentence
The holders of our common stock are entitled to one vote for each share of common stock held and the holders of our Class A Common Stock are entitled to the number of votes equal to the Class A Common Stock Ratio for each share of Class A Common Stock held on all matters submitted to a vote of the stockholders, including the election of directors except as to the Class A Directors during the Class A Director Period.
More Definitions of Stock Ratio
Stock Ratio means the quotient obtained by dividing (a) the Common Stock Limit by (b) the sum of (1) the Preferred Stock Merger Amount multiplied by the Conversion Ratio, plus (2) the Common Stock Limit.
Stock Ratio means the quotient obtained by dividing (i) the result obtained by multiplying (x) 8,969,525 minus the Assumed Option Number by (y) the Parent Average Closing Price, by (ii) the Adjusted Merger Consideration, unless there is a Parent Nasdaq Determination in which case it shall mean the Alternative Stock Ratio; provided, however, that in all circumstances the Stock Ratio shall be adjusted so that in no event could Parent be required to issue a number of shares of Parent Common Stock that, taking into account all facts and circumstances in connection with the Merger, would require the approval of the stockholders of Parent under Rule 4350(i)(1) of the Marketplace Rules of the National Association of Securities Dealers.
Stock Ratio means (i) (A) the Stock Consideration multiplied by (B) the CPSI Share Price divided by (ii) (A) the Estimated Cash Consideration plus (B) (x) the Stock Consideration multiplied by (y) the CPSI Share Price.
Stock Ratio means a fraction, (i) the numerator of which is equal to the Aggregate Stock Consideration, and (ii) the denominator of which is equal to the Aggregate Merger Consideration.
Stock Ratio means quotient of (a) the Stock Merger Consideration divided by (b) the Base Merger Consideration. “Straddle Period” has the meaning set forth in Section 6.12(a).
Stock Ratio means the quotient of the Gross Stock Option Consideration divided by the Gross Option Consideration. The term “Exercise Price Per Share” means the exercise price per share of such Company Common Stock subject to such Company Option, as in effect immediately prior to the Effective Time of Merger I.
Stock Ratio means the quotient of the Gross Stock Option Consideration divided by the Gross Option Consideration. The term “Exercise Price Per Share” means the exercise price per share of such Company Common Stock subject to such Company Option, as in effect immediately prior to the Effective Time of Merger I. (b) At the Effective Time of Merger I, by virtue of Merger I and in accordance with the Company Stock Plan under which such stock options are granted, and without any action on the part of the parties hereto, each Incentive Option that is then outstanding, whether vested or unvested shall be assumed by Parent in accordance with the terms (as in effect as of the date of this Agreement) of the Company Stock Plans and the stock option agreement by which such Incentive Option is evidenced. All rights with respect to Company Common Stock under outstanding Incentive Options shall thereupon be converted into a right with respect to Parent Common Stock (the “Assumed Incentive Option”). Accordingly, from and after the Effective Time of Merger I, (i) each Incentive Option assumed by Parent may be exercisable solely for shares of Parent Common Stock with respect to the Assumed Incentive Option, (ii) the number of shares of Parent Common Stock subject to each such Assumed Incentive Option shall equal the product of the Incentive Stock Conversion Ratio multiplied by the Incentive Option Shares rounded down to the nearest whole share, (iii) the per share exercise price applicable to each such Assumed Incentive Option shall equal the quotient of the Exercise Price Per Share divided by the Incentive Stock Conversion Ratio rounded up to the nearest whole cent; and (iv) all rights and restrictions on the exercise of each Incentive Option including the term, exercisability, vesting schedule and all other provisions of such Incentive Option shall continue in full force and effect and apply to the Assumed Incentive Option. The Company and Parent shall take all commercially reasonable action that may be necessary (under the Company Stock Plans and otherwise) to effectuate the provisions of this Section 1.6(b). Following the Closing, Parent will send to each holder of an assumed Incentive Option a written notice setting forth (A) the number of shares of Parent Common Stock subject to such Assumed Incentive Option and (B) the exercise price per share of Parent Common Stock issuable upon exercise of such Assumed Incentive Option. Parent shall file with the SEC, promptly after the Closin...