Common use of Numerator Clause in Contracts

Numerator. The number of ordinary shares, expressed in ADSs, that United owns in UPC as of the relevant date multiplied by the Average Market Price (as defined below) of such ADSs as of the date of determination; plus

Appears in 1 contract

Sources: Acquisition Agreement (Unitedglobalcom Inc)

Numerator. The number of ordinary shares, expressed in ADSs, that New United owns owns, directly or indirectly, in UPC as of the relevant date multiplied by the Average Market Price (as defined below) of such ADSs as of the date of determination; plus

Appears in 1 contract

Sources: Amended and Restated Agreement (Unitedglobalcom Inc)