Consolidation Ratio definition

Consolidation Ratio means, with respect to the Cline Common Shares, the ratio by which Cline Common Shares outstanding on the Plan Implementation Date at the relevant time (including, for the avoidance of doubt, any Cline Common Shares that are Existing Cline Shares and any Cline Common Shares that are New Cline Common Shares issued pursuant to the Plan) are consolidated pursuant to the Plan, as agreed by the Applicants, the Monitor and Marret (on behalf of the Secured Noteholders).

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Consolidation Ratio means such number of post-Consolidation Engine Gaming Shares received by holders of Engine Gaming Shares pursuant to the Consolidation for each one pre-Consolidation Engine Gaming Share held;

Consolidation Ratio means one post-consolidated Broadway Common Share for every eight (8) pre- consolidated Broadway Common Shares;

Examples of Consolidation Ratio in a sentence

Until the net proceeds of any such 1 NTD: To equal the ▇▇▇▇▇▇ Share Consolidation Ratio.
The board of directors of ▇▇▇▇▇▇ has received the oral opinion (to be confirmed in writing) of the ▇▇▇▇▇▇ Financial Advisor to the effect that, as of the date of such opinion and based on and subject to the assumptions, procedures, factors, qualifications and limitations set forth in such opinion, the ▇▇▇▇▇▇ Share Consolidation Ratio in the transactions contemplated by this Agreement is fair, from a financial point of view, to the holders of ▇▇▇▇▇▇ Common Stock.
The Parent Board of Directors has received an opinion of Lazard Frères & Co. LLC to the effect that, as of the date of such opinion and based upon and subject to the various assumptions and limitations set forth in the opinion, the Share Consolidation Ratio (after giving effect to the Merger and taking into account the Merger Consideration) is fair, from a financial point of view, to the shareholders of Parent (other than the Company and its Affiliates).
Each deferred stock unit that corresponds to a number of Parent Shares granted under a Parent Equity Plan (each, a “Parent DSU Award”) that is outstanding immediately prior to the Parent Share Consolidation shall be adjusted by multiplying (i) the number of Parent Shares subject to such Parent DSU Award as of immediately prior to the Parent Share Consolidation by (ii) the Share Consolidation Ratio.
At the Charter Amendment Effective Time, by virtue of the Charter Amendment and without any action on the part of Safe, Star or the holders of any shares of capital stock of Safe or Star, the Reverse Split shall be effected pursuant to the Charter Amendment whereby each share of Star Common Stock outstanding immediately prior to the Charter Amendment Effective Time shall be consolidated into a fraction of a share of Star Common Stock equal to the Star Share Consolidation Ratio.

More Definitions of Consolidation Ratio

Consolidation Ratio means the quotient that results from division of 75,900,000 by the number of outstanding Auryn Shares immediately prior to the Effective Time of the Auryn Arrangement and represents the fraction that each New Auryn Share will represent of each Auryn Share upon exchange of New Auryn Shares for Auryn Shares when the Auryn Arrangement completes.

Consolidation Ratio means the number of Current EFI Common Shares which are converted into one Post-Consolidation EFI Common Share;

Consolidation Ratio means, with respect to the Class A Shares, the ratio by which Class A Shares outstanding on the Plan Implementation Date at the relevant time (including, for the avoidance of doubt, any Class A Shares that are Existing Shares and New Common Shares issued pursuant to the Plan) are consolidated pursuant to the Plan, as agreed by the Applicant, the Monitor and the Majority Initial Consenting Noteholders.

Consolidation Ratio means the consolidation ratio of one post-Consolidation AIM2 Common Share for every 26.565 pre-Consolidation AIM2 Common Shares;

Consolidation Ratio has the meaning ascribed thereto in the definition of Consolidation.

Consolidation Ratio means the ratio for the Consolidation, being one (1) Post-Consolidation Baden Share for every 3.333333333 pre-Consolidation Baden Shares held.

Consolidation Ratio means the ratio for the Consolidation, being one (1) post-Consolidation Needle Share for every thirteen (13) pre-Consolidation Needle Shares;”