Common use of Divided by Clause in Contracts

Divided by. The Per Share Computed Value; provided, however, that the number of shares of RDSI Common Stock derived from the foregoing calculation shall be reduced by the number of Converted Contract Revision Shares. Each New Core Holder shall be entitled to receive the same proportion of such Adjusted Earn-Out Consideration as the New Core Holder received of the Initial Shares. The Adjusted Earn-Out Consideration shall be issued by RDSI not later than March 31, 2012.

Appears in 2 contracts

Sources: Merger Agreement (Rurban Financial Corp), Merger Agreement (Rurbanc Data Services Inc)

Divided by. The Per Share Computed Value; provided, however, that the number of shares of RDSI Common Stock derived from the foregoing calculation shall be reduced by the number of Converted Contract Revision Shares. Each New Core Holder shall be entitled to receive the same proportion of such Adjusted Initial Earn-Out Consideration as the New Core Holder received of the Initial Shares. The Adjusted Initial Earn-Out Consideration shall be issued by RDSI not later than March 31, 20122011.

Appears in 2 contracts

Sources: Merger Agreement (Rurban Financial Corp), Merger Agreement (Rurbanc Data Services Inc)

Divided by. The Per Share Computed Value; provided, however, that the number of shares of RDSI Common Stock derived from the foregoing calculation shall be reduced by the number of Converted Contract Revision Shares. Each New Core Holder shall be entitled to receive the same proportion of such Adjusted Final Earn-Out Consideration as the New Core Holder received of the Initial Shares. The Adjusted Final Earn-Out Consideration shall be issued by RDSI not later than March 31, 20122013.

Appears in 2 contracts

Sources: Merger Agreement (Rurban Financial Corp), Merger Agreement (Rurbanc Data Services Inc)