Common Equity Value Per Share definition

Common Equity Value Per Share means, as of any date, an amount equal to (a) the Enterprise Value as of such date plus the amount of any cash and cash equivalents of the Company and minus the outstanding Indebtedness of the Company as of such date; divided by (b) the number of Fully Diluted Shares outstanding as of such date.
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Common Equity Value Per Share means the quotient of (a) the sum of ----------------------------- (i) the Common Equity Value plus (ii) the aggregate consideration that would be received by the Corporation if all outstanding Common Stock Equivalents (without regard to any restrictions on the conversion, exercise or exchange thereof) that are "in the money" (i.e., those having a conversion, exercise or exchange price per share of Common Stock equal to or lesser than the quotient of (1) the Common Equity value divided by (2) the total number of shares of Common Stock outstanding) were converted, exercised and exchanged for Common Stock, divided by (b) the total number of shares of Common Stock outstanding after giving pro forma effect to all such conversions, exercises and exchanges of the outstanding Common Stock Equivalents described in clause (a)(ii) above. When calculated with respect to a Security that is directly or indirectly convertible into, or exercisable or exchangeable for, Common Stock, the "Common Equity Value Per Share" of such Security shall be an amount equal to the Common Equity Value Per Share calculated pursuant to the immediately preceding sentence times the number of Common Stock Equivalents represented by such Security.
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Common Equity Value Per Share means the quotient of (a) the sum of ----------------------------- (i) the Common Equity Value plus (ii) the aggregate consideration that would be ---- received by the Corporation if all outstanding Common Stock Equivalents (without regard to any restrictions on the conversion, exercise or exchange thereof) that are "in the money" (i.e., those having a conversion, exercise or exchange price ---- per share of Common Stock equal to or less than the quotient of (1) the Common Equity Value divided by (2) the total number of shares of Common Stock ---------- outstanding) were converted, exercised and exchanged for Common Stock, divided ------- by (b) the total number of shares of Common Stock outstanding after giving pro -- --- forma effect to all such conversions, exercises and exchanges of the outstanding ----- Common Stock Equivalents described in clause (a)(ii) above. When calculated with respect to a Security that is directly or indirectly convertible into, or exercisable or exchangeable for, Common Stock, the "Common Equity Value Per Share" of such Security shall be an amount equal to the Common Equity Value Per Share calculated pursuant to the immediately preceding sentence times the number of Common Stock Equivalents represented by such Security.
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Examples of Common Equity Value Per Share in a sentence

  • The exercise price per share for such options shall be $3.64, (two times the Going-In Common Equity Value Per Share).

Related to Common Equity Value Per Share

  • Net Asset Value per Share means the Net Asset Value of a Fund divided by the

  • Market Value per Share means, as of any particular date, the closing price of a Common Share as reported for that date on the New York Stock Exchange or, if the Common Shares are not then listed on the New York Stock Exchange, on any other national securities exchange on which the Common Shares are listed, or if there are no sales on such date, on the next preceding trading day during which a sale occurred. If there is no regular public trading market for the Common Shares, then the Market Value per Share shall be the fair market value as determined in good faith by the Committee. The Committee is authorized to adopt another fair market value pricing method provided such method is stated in the applicable Evidence of Award and is in compliance with the fair market value pricing rules set forth in Section 409A of the Code.

  • NAV per Share means the value of a Share determined under Section 4.1.

  • Fair Market Value Per Share means as of any date the fair market value of each of the Shares on such date (the "applicable date") as determined by the Option Committee in good faith. The Option Committee is authorized to make its determination as to the fair market value on the following basis: (i) if the Shares are not traded on a securities exchange and are not quoted on the National Association of Securities Dealers, Inc.'s Automated Quotation System ("NASDAQ"), but are quoted on the Over The Counter Electronic Bulletin Board operated by NASDAQ, "Fair Market Value per Share" shall be the mean between the average daily bid and average daily asked prices of the Shares on the applicable date, as published on such bulletin board; (ii) if the Shares are not traded on a securities exchange and are quoted on NASDAQ, "Fair Market Value per Share" shall be the closing transaction price of the Shares on the applicable date, as reported on NASDAQ; (iii) if the Shares are traded on a securities exchange, "Fair Market Value per Share" shall be the daily closing price of the Shares, on such securities exchange as of the applicable date; or (iv) if the Shares are traded other than as described in (i), (ii) or (iii) above, or if the Shares are not publicly traded, "Fair Market Value per Share" shall be the value determined by the Option Committee in good faith based upon the fair market value as determined by completely independent and well qualified experts. In the case of Shares described in (i), (ii) or (iii) above, if no prices are reported for the Shares on the applicable date, the "Fair Market Value per Share" shall be the price reported for such Shares on the next preceding date on which there were reported prices.

  • Per Share Value means the average value of the consideration to be received in respect of each outstanding Common Share pursuant to the Qualifying Transaction as determined by mutual agreement of the Independent Directors (as defined in Section 2(b)(ii) below) and the holders of not less than 50% in interest of all outstanding warrants to purchase Common Shares containing this provision, or, if they shall fail to agree, by an Investment Bank.