Divisible Share definition
Examples of Divisible Share in a sentence
The term “Pro Rata Portion” means, with respect to Seller or a given Unitholder and a given amount (such given amount, the “Divisible Share”), (i) a fraction, the numerator of which is the amount of Final Transaction Consideration actually distributed to such Person and the denominator of which is the Final Transaction Consideration, multiplied by (ii) the Divisible Share.
The term “Pro Rata Portion” means, with respect to a given Company Equityholder and a given amount (such given amount, the “Divisible Share”), (i) a fraction, the numerator of which is the amount of consideration actually distributed to such Person pursuant to Section 3.1 at the relevant time of determination and the denominator of which is the Final Merger Consideration, multiplied by (ii) the Divisible Share.