Class B Exchange Ratio definition

Class B Exchange Ratio has the meaning of the term “Exchange Ratio” as set forth in the Amended Plan of Arrangement.

Class B Exchange Ratio means 0.172.

Class B Exchange Ratio means the ratio at which AMIT Class B Shares will be converted into IPT Common Shares pursuant to the Merger Agreement.

Examples of Class B Exchange Ratio in a sentence

• A holder of Mittal Steel class B common shares received one newly-issued ArcelorMittal share for every one Mittal Steel class B common share, which is referred to as the Class B Exchange Ratio.

• The Class [B] Exchange Ratio should be a formula which produces the entitlement for one Class [B] CE (£1).

• The Class [B] Exchange Ratio would be a formula which produces the entitlement for one Class [B] CE (£1).

• The Class [B] Entitlement shall be the aggregate of: (a) such [fractional] number of Deposited Shares as is equal to the aggregate number of Deposited Shares multiplied by the Class [B] Exchange Ratio; and (b) such [fractional] amount of the Deposited Share Property which is in the form of cash as is equal to the aggregate amount of cash forming part of the Deposited Share Property multiplied by the Class [B] Exchange Ratio.70 45.

• The Class B Exchange Ratio shall be adjusted to reflect fully the appropriate effect of any stock split, split-up, reverse stock split, stock dividend or distribution of securities convertible into Class B Shares or Class B VMware Common Stock, reorganization, recapitalization, reclassification or other like change with respect to the Class B Shares or Class B VMware Common Stock having a record date occurring on or after the date of this Agreement and prior to the Effective Time.

More Definitions of Class B Exchange Ratio

Class B Exchange Ratio as defined in Section 2.9(b) of the Merger Agreement.

Class B Exchange Ratio means the fractional number specified in Paragraph [6] of the [Bank] Supplemental Resolution Instrument used by the Bank of England for the purpose of

Class B Exchange Ratio means the fractional number determined by the Bank of England following the Valuation Date and to be used by the Bank of England for the purpose of calculating the Class [B] Entitlement in accordance with Paragraph [44] of this Instrument;12

Class B Exchange Ratio means the fractional number determined by the Resolution Authority following the Final Valuation Date and to be used by the Resolution Authority for the purpose of calculating the Class B Entitlement in accordance with Clause 6.2.1 of these Terms and Conditions.

Class B Exchange Ratio means the quotient obtained by dividing the Merger Consideration by the Average Parent Class B Stock Price and rounding to four decimals.

Class B Exchange Ratio means 3.3480, subject to adjustment pursuant to Section 5.8.

Class B Exchange Ratio has the meaning specified in Section 3.1(a)(ii).