Examples of Per Share Common Merger Consideration in a sentence
Each share of the Company Common Stock issued and outstanding immediately prior to the Effective Time (other than Dissenting Shares), including shares of Company Common Stock issued upon conversion of any shares of Company Preferred Stock prior to the Effective Time, shall, by virtue of the Merger and without any action on the part of Parent, the Company or the holder thereof, be converted into the right to receive a cash payment equal to the Per Share Common Merger Consideration.
Participating Preferred Stock" shall mean (i) shares of Class A Preferred Stock and Class B Preferred Stock issued and outstanding immediately prior to the Effective Time and (ii) any issued and outstanding shares of Class C Preferred Stock or Class D Preferred Stock that participate with the Company Common Stock on an as-converted basis and receive the Per Share Common Merger Consideration.