Examples of InfoCure Common Stock in a sentence
The number of shares subject to each PracticeWorks Stock Option will be determined by multiplying the number of shares of InfoCure Common Stock subject to the related InfoCure Stock Option by the PracticeWorks conversion factor (as defined below) and the price for the shares of PracticeWorks Common Stock subject to each PracticeWorks Stock Option will be determined by dividing the price of each related InfoCure Stock Option by the PracticeWorks conversion factor.
At the effective time of the Merger (the Effective Time"), each outstanding share of AMC Stock will be converted, subject to rights of dissent, into such fraction of a share of InfoCure Common Stock ("InfoCure Stock") determined by dividing (i) 4,000,000 by (ii) the sum of (x) the number of the outstanding shares of AMC common Stock immediately prior to the Effective Time, (y) the number of shares of AMC common Stock subject to outstanding stock options and warrants at the Effective Time and (z) 1,257,000.
The issuance of the InfoCure Common Stock is subject to all of the conditions relating to adjustment, conditional stock and dissenters rights, etc.
InfoCure Corporation is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware; has full corporate power and authority to conduct the business of developing, distributing and marketing software, and related services and has full right, power and authority to issue the shares of InfoCure Common Stock contemplated by this Agreement of Merger.
The PracticeWorks conversion factor is a number equal to (a) the closing price of a share of InfoCure Common Stock on the Nasdaq National Market on the Record Date, divided by (b) the opening price of a share of PracticeWorks Common Stock on the Nasdaq National Market on the next trading day following the Distribution Date.
For the purposes of this paragraph, the fair market value of a share of InfoCure Common Stock shall be deemed to be the public offering price of a share of InfoCure Common Stock pursuant to the registration statement of the Surviving Corporation filed with the Securities and Exchange Commission, Registration Statement No. 333-18923, which becomes effective on or prior to the Effective Time.
No such holders shall be entitled to dividends or other rights in respect to any such fractional interest in the InfoCure Common Stock.
The issued shares of InfoCure Common Stock shall not be converted or exchanged in any manner, but each said share which is issued as of the Effective Time shall continue to represent one issued share of InfoCure Common Stock.
The shares of InfoCure Common Stock to be delivered pursuant to this Agreement of Merger will, upon issuance, be duly and validly authorized and issued and fully paid and non-assessable voting shares of InfoCure Corporation.
Fractional shares of InfoCure Common Stock will not be issued upon the exercise of an Option.