Common Share Value definition

Common Share Value means the quotient of (i) the amount equal to the excess, if any, of the Holdings Equity Value over the Holdings Preferred Value divided by (ii) the number of shares of Common Stock outstanding on a fully diluted basis.
Common Share Value as of any date shall mean the sum of the total number of (a) Common Shares and (b) OP Units held other than by the Trust and General Partner issued and outstanding at the close of business on such date (and excluding any treasury shares), multiplied by the current Per Share Market Price On Such Date."
Common Share Value means the average of the Closing Price of the Common Stock for the five (5) consecutive Trading Days immediately preceding the Redemption Date; provided, however, that in the event that the Closing Price of Common Stock cannot be determined pursuant to subsection d(i) hereof, the "Common Share Value" shall mean the fair market value of a share of Common Stock on the Redemption Date as agreed to by the Corporation, on the one hand, and the holders of a majority of the shares of Series B-1 Preferred Stock that are subject to redemption (voting or consenting in writing as a separate class), on the other hand; and provided further, however, that if the Corporation and such holders are unable to so agree within 10 days after the Redemption Date, then the fair market value of a share of Common Stock shall be determined by an independent nationally-recognized investment banking firm mutually acceptable to the Corporation, on the one hand, and the holders of a majority of the shares of Series B-1 Preferred Stock that are subject to redemption (voting or consenting in writing as a separate class), on the other hand, or if the Corporation and such holders are unable to so agree within 5 days, by an independent nationally-recognized investment banking firm selected by the American Arbitration Association.

Examples of Common Share Value in a sentence

  • The terms of the Series D-1 Convertible Preferred Stock of Tribune shall be substantively identical to the terms of the Company Series D-1 Preferred Stock, except that the number of Tribune Common Shares into which each such share of Series D-1 Convertible Preferred Stock of Tribune may be converted, under the terms thereof, shall be calculated with respect to the Common Share Value (as defined in the certificates of designations of the Company Preferred Shares) of the Tribune Common Shares.

  • The terms of the Series C Convertible Preferred Stock of Tribune shall be substantively identical to the terms of the Company Series A Preferred, except that the number of Tribune Common Shares into which each such share of Series C Convertible Preferred Stock of Tribune may be converted, under the terms thereof, shall be calculated with respect to the Common Share Value (as defined in the certificates of designations of the Company Preferred Shares) of the Tribune Common Shares.

  • The terms of the Series D-2 Convertible Preferred Stock of Tribune shall be substantively identical to the terms of the Company Series D-2 Preferred Stock, except that the number of Tribune Common Shares into which each such share of Series D-2 Convertible Preferred Stock of Tribune may be converted, under the terms thereof, shall be calculated with respect to the Common Share Value (as defined in the certificates of designations of the Company Preferred Shares) of the Tribune Common Shares.

  • Each such notice of exchange will state the method by which the exchange of the Common Shares and/or Common Share Value Equivalents for Rights will be effected and, in the event of any partial exchange, the number of Rights that will be exchanged.

  • Concurrently with the Closing of the R&B Property, ASOT shall deposit in escrow with the Title Company a number of Units equal to $497,319, divided by the Common Share Value (the “Escrowed Units”).

  • Concurrently with the Closing of the R&B Property, ASOT shall deposit in escrow with the Title Company a number of Units equal to $1,894,550 divided by the Common Share Value (the “Dulles Additional Escrowed Units”).

  • If prior to October 1, 1999, there has not been an EA Valuation Event which results in a Cyrk EA Implied Common Share Value exceeding $8,200,000, then Cyrk and Grant shall mutually agree on the value of the Cyrk EA Common Shares as of October 1, 1999 and if the agreed amount exceeds $8,200,000, then the Escrow Shares shall be returned to GPLP.

  • Concurrently with the Closing of the R&B Property, ASOT shall deposit in escrow with the Title Company a number of Units equal to $3,166,605 divided by the Common Share Value (the “Gaithersburg Additional Escrowed Units”).

  • Residual Share Value" shall mean the Aggregate Share Value less the sum of (i) the Common Share Value, (ii) the Series B Share Value, (iii) the Series C Liquidation Value, (iv) the Series C Accrued Dividends and (v) the Series C/B Participation Value.

  • If the Total Consideration as so recalculated in the Final Adjustment is less than the Total Consideration calculated at Closing, then the Buyer and the Representative shall promptly instruct the Escrow Agent to return to the Buyer a number of Escrow Shares having a Buyer Common Share Value equal to the amount of such deficiency.


More Definitions of Common Share Value

Common Share Value means $12,538,700.
Common Share Value means the average of the Closing Price of the Common Stock for the five (5) consecutive Trading Days immediately preceding the Redemption Date; provided, however, that in the event that the Closing Price of Common Stock cannot be determined pursuant to subsection d(i) hereof, the "Common Share Value" shall mean the fair market value of a share of Common Stock on the Redemption Date as agreed to by the Company, on the one hand, and the holders of a majority of the shares of Series B Preferred Stock that are subject to redemption (voting or consenting in writing as a separate class), on the other hand; provided, further, that if the Company and such holders are unable to so agree within 10 days after the Redemption Date, the fair market value of a share of Common Stock shall be determined by an independent nationally-recognized investment banking firm mutually acceptable to the Company, on the one hand, and the holders of a majority of the shares of Series B Preferred Stock that are subject to redemption (voting or consenting in writing as a separate class), on the other hand, or if the Company and such holders are unable to so agree within 5 days, by an independent nationally-recognized investment banking firm selected by the American Arbitration Association.
Common Share Value means the fair market value of a share of Common Stock on the Redemption Date as agreed to by the Company, on the one hand, and the holders of a majority of the shares of Series B Preferred Stock that are subject to redemption (voting or consenting in writing as a separate class), on the other hand; provided, further, that if the Company and such holders are unable to so agree within 10 days after the Redemption Date, the fair market value of a share of Common Stock shall be determined by an independent nationally-recognized investment banking firm mutually acceptable to the Company, on the one hand, and the holders of a majority of the shares of Series B Preferred Stock that are subject to redemption (voting or consenting in writing as a separate class), on the other hand, or if the Company and such holders are unable to so agree within 5 days, by an independent nationally-recognized investment banking firm selected by the American Arbitration Association.
Common Share Value means the average Daily Price of a Common Share for the ten (10) trading days ending on the date that is five (5) trading days immediately preceding the First Closing Date; provided that, in no event shall the Common Share Value be less than the Floor Price or more than the Ceiling Price, and if the average Daily Price so determined is less than the Floor Price, then the Common Share Value will be the Floor Price and if the average Daily Price so determined exceeds the Ceiling Price, then the Common Share Value will be the Ceiling Price.
Common Share Value has the meaning specified in Section 9.2.
Common Share Value means the amount in cash and/or the fair market value of the equity securities to be distributed per one (1) Common Share in connection with the Change of Control transaction (including all securities that are converted into Common Stock, and exercised in the case of outstanding options and warrants, including by acceleration of grant or vesting, but excluding the shares of equity securities of the Company issuable upon the conversion of the Note or other convertible securities issued for capital raising purposes (e.g., other convertible notes and Simple Agreements for Future Equity)).