Base Exchange Ratio definition

Base Exchange Ratio means 0.2745.

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Base Exchange Ratio means the quotient of (a) the Aggregate Parent Common Stock Consideration, divided by (b) the aggregate number of shares of SpinCo Common Stock outstanding as of immediately prior to the Effective Time.

Base Exchange Ratio means the quotient of (i) the Aggregate Common Consideration Shares, divided by (ii) the number of Included SpinCo Shares.

Examples of Base Exchange Ratio in a sentence

During the five-day period commencing with its receipt of such notice, NDC shall have the option, in its sole discretion, to elect to revise the Common Exchange Ratios to equal that fraction of a share of NDC Common Stock (rounded to the nearest ten thousandth of a share) obtained by dividing the product of the Common Base Exchange Ratio or the Common Escrow Exchange Ratio, as the case may be, and the Lower Threshold Price by the Average Closing Price at the Determination Date.
Subject to Section 2.3(a)(vii), the Base Consideration shall be $17.60 in cash plus a fraction of a share of Parent Common Stock equal to the Base Exchange Ratio.
The Linx Plans will not be accelerated, and STNE will deliver to the beneficiaries of the Linx Plans, in lieu of Linx shares, a portion Class A Shares StoneCo (or StoneCo’s BDRs, as applicable) and another portion in cash, subject to the terms of the Base Exchange Ratio that may be applied on the date of the Merger of Shares.
The exercise price per share of Parent Common Stock subject to each such Parent Stock Option will be an amount (rounded up to the nearest whole cent) equal to the quotient of (A) the excess of (x) the per share exercise price of such Company Stock Option immediately prior to the Effective Time over (y) the Additional Cash Consideration divided by (B) the Base Exchange Ratio; provided that, each Company Stock Option shall be adjusted in a manner which complies with Section 409A of the Code.
Buyer Trading Price where "Base Exchange Ratio" is determined in accordance with Section 3.03(a).

More Definitions of Base Exchange Ratio

Base Exchange Ratio means 26 shares of Common Stock to one (1) share of Series B Preferred Stock.

Base Exchange Ratio means the following (in each case rounded to four decimal places):

Base Exchange Ratio means the following (in each case rounded to four decimal places): I. if the Average Parent Stock Price is greater than $28.70, then the Base Exchange Ratio shall be 3.1360; II. if the Average Parent Stock Price is greater than or equal to $22.32 but less than or equal to $28.70, then the Base Exchange Ratio shall equal the quotient obtained by dividing (y) $90.00 by (z) the Average Parent Stock Price; or III. if the Average Parent Stock Price is less than $22.32, then the Base Exchange Ratio shall be 4.0320. Notwithstanding the foregoing, if the Base Exchange Ratio would be greater than 3.5280 but for this paragraph, then Parent shall have the right, in its sole discretion, to reduce the Base Exchange Ratio to no less than 3.5280 (such election, the “Cash Top-Up Election” and, the amount by which Parent has decided to reduce the Base Exchange Ratio (rounded to four decimal places), the “Base Exchange Ratio Reduction”) and, in such case, the Base Exchange Ratio shall be the amount determined by Parent pursuant to this paragraph. Parent shall make a public announcement of its determination to make a Cash Top-Up Election, and the Base Exchange Ratio Reduction, to the extent applicable, at least two (2) Trading Days prior to the Closing Date.

Base Exchange Ratio means 0.1193.

Base Exchange Ratio means the quotient obtained by dividing (i) the Aggregate Common Share Consideration by (ii) the Aggregate Fully Diluted Company Common Shares.

Base Exchange Ratio is determined in accordance with Section 3.03(a).

Base Exchange Ratio has the meaning set forth in Section 3.1(a).