Common Stock Price Per Share definition
Examples of Common Stock Price Per Share in a sentence
The aggregate cash amount equal to the sum of (a) the product of the Class A Common Stock Price Per Share multiplied by the number of shares of Class A Common Stock purchased hereunder and (b) the Preferred Stock Price Per Share multiplied by the number of shares of Series A Preferred Stock purchased hereunder shall be referred to in this Agreement as the “Purchase Price”, which such Purchase Price shall be equal to $250,000,000.
The Midwest Common Stock Price Per Share shall be the dollar amount equal to the average per share closing price for Midwest Common Stock as reported on the Nasdaq Stock Market for the Pricing Period as referenced in The Wall Street Journal Midwest Edition.
The per-share purchase price of the shares of Class A Common Stock and Series A Preferred Stock purchased under each Other Investment Agreement is not less than Class A Common Stock Price Per Share and the Preferred Stock Price Per Share, respectively.
At the Merger Effective Time, (i) each holder of an Existing Target Option shall be entitled to receive a cash payment, without interest and less applicable withholding taxes, equal to the amount, if any, by which the Common Stock Price Per Share exceeds the per share exercise or purchase price of such Existing Target Option multiplied by the number of shares of Target Common Stock subject to such Existing Target Option, and (ii) each Existing Target Option shall be canceled at the Merger Effective Time.
General Motors Acceptance Corporation, a New York corporation, and the Company have entered into an Agreement and Plan of Merger (the "Merger Agreement") pursuant to which a wholly owned direct or indirect subsidiary of Parent ("Merger Sub") will merge with and into the Company and all the Company Common Stock will be converted into the right to receive an amount of cash equal to the Common Stock Price Per Share and all of the Company Convertible Preferred Stock will remain outstanding (the "Merger").
For purposes of this Agreement, “Buyer Common Stock FMV” means the greater of (A) the Buyer Common Stock Price Per Share as of the Closing and (B) the Buyer Common Stock Price Per Share, as calculated as of the day immediately prior to the date on which Seller is to deliver such Buyer Common Stock in accordance with this Section 10(B)(iii).
For the avoidance of doubt, it is understood and agreed that any shares of Target Common Stock owned by PSRT immediately prior to the Effective Time that are not PSRT Contributed Stock shall not constitute Excluded Target Stock and all such shares owned by PSRT shall be converted into the right to receive the Common Stock Price Per Share in accordance with Section 2.1(c).
Holders of shares of American National Common Stock will be given the option of exchanging their shares for the Common Stock Price Per Share in cash (subject to all applicable withholding taxes), provided that in the aggregate the number of shares that may be exchanged for cash shall not exceed 40% of the number of outstanding shares of American National Common Stock immediately prior to the Effective Time of the Holding Company Merger.
Each holder of a 1992 Plan Company Option shall be entitled to receive as soon as practicable after the Effective Time, in settlement and cancellation of such 1992 Plan Company Option, an amount in cash in immediately available funds equal to the product of (i) the excess of the Common Stock Price Per Share over the exercise price of each such 1992 Plan Company Option, multiplied by (ii) the number of shares of Company Common Stock covered by such 1992 Plan Company Option.
The documentation pursuant to which the OP Merger shall be effected shall provide that each Target OP Unit owned by the limited partners of the Target Operating Partnership that are not owned directly or indirectly by Target shall be converted automatically into the right to receive a cash payment in an amount equal to the Common Stock Price Per Share.