Exchange Ratios. Where in this Schedule 5 reference is made to a current or past employee of the Xxxxxxx Group (a “Xxxxxxx Participant”) being granted an equivalent award over Xxxxxxx Shares (the “New Award”) in exchange for an existing award over Prudential Shares or ADRs (the “Old Award”):
Exchange Ratios. 1.6(e) Express Shares............................. 1.11 FCC........................................ 3.6(b)
Exchange Ratios. 2.2 Financing.............................................................5.15 GAAP................................................................4.6(b) Hazardous Materials...................................................4.13 Holdings...................................................
Exchange Ratios. (a) Subject to the provisions of this Article, by virtue of the Merger and without any action on the part of the holder thereof, at the Effective Time, (i) each share of FDB Common Stock issued and outstanding immediately prior to the Effective Time shall become and automatically be converted into 1.638 shares of Newco Common Stock (the "FDB Exchange Ratio") and shall thereafter represent the right to receive and be exchangeable for such number of shares, rounded to the nearest hundredth of a share (subject to the provisions of Sections 3.2(b) and (c)), of Newco Common Stock (the "FDB Exchange Shares"), and (ii) each share of BIF Common Stock issued and outstanding immediately prior to the Effective Time shall become and automatically be converted into one (1) share of Newco Common Stock (the "BIF Exchange Ratio") and shall thereafter represent the right to receive and be exchangeable for such number of shares, rounded to the nearest hundredth of a share (subject to the provisions of Sections 3.2(b) and (c), of Newco Common Stock (the "BIF Exchange Shares").
Exchange Ratios. (i) Each share of Common Stock shall be converted into, and become exchangeable for, a fraction of a share of Parent Common Stock determined pursuant to the Common Stock Exchange Ratio (as defined below). For the purposes of this clause (i), "Common Stock Exchange Ratio" means: ---------------------------
Exchange Ratios. The "Exchange Ratios" shall mean the Common Exchange Ratio, the Series A Exchange Ratio, the Series B Exchange Ratio, the Series C Exchange Ratio, the Series D Exchange Ratio or the Additional Conversion Share Exchange Ratio, as applicable.
Exchange Ratios. (a) Definitions:
Exchange Ratios. (a) The exchange ratio to be set forth in the Articles of Merger (the "Exchange Ratio") shall be 1.4063 of a common share of beneficial interest, $0.01 par value per share, of EOP ("EOP Common Share") for each share of common stock, $0.01 par value per share, of Beacon ("Beacon Common Share") outstanding immediately prior to the Effective Time.
Exchange Ratios. (1) Each P2S common and preferred share, option and warrant will be exchanged for that number of JGUR common and preferred shares, options and warrants equal to: [30,000,000 divided by the sum of all issued and outstanding P2S common and preferred shares, options and warrants as of the Effective Time as set forth in Exhibit 3.1] (the "Exchange Ratio") as shown in total in Exhibit 3.1.1. For example, if the sum of all issued and outstanding P2S common and preferred shares, options and warrants as of the Effective Time is 12.0 million then the Exchange Ratio would equal 2.50 (i.e., a shareholder owning 10,000 P2S common shares would receive 25,000 JGUR common shares).
Exchange Ratios. (i) The Primary Exchange Ratio shall be determined by dividing (A) 17,192,648 shares of PhotoLoft Common Stock less the ---- number of shares of PhotoLoft Common Stock equal to the quotient obtained by dividing (1) the sum of any Excess Liabilities and any Net Working Deficit by (2) the Average Price by (B) the number of shares of EVG capital stock issued and outstanding immediately prior to the Effective Time (the "EVG Stock").
