Reverse Split Ratio definition

Reverse Split Ratio means a fraction the numerator of which is one and the denominator of which is the number of shares of Parent Common Stock being combined into one share of Parent Common Stock in the Parent Reverse Stock Split.

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Reverse Split Ratio means the ratio to be determined by the Corporation to effect a reverse stock split of its common stock, which was approved by the stockholders of the Corporation at a special meeting of stockholders held on October 5, 2000.

Reverse Split Ratio means a ratio of 1 to a fraction, the numerator of which shall be 60,000,000 and the denominator of which shall be 69,173,703.

Examples of Reverse Split Ratio in a sentence

• The number of Securities to be purchased by each Investor as identified on Schedule 1 shall be subject to adjustment based on the Reverse Split Ratio.

• The number of shares of New Ceridian common stock subject to such replacement award shall be equal to the quotient obtained by dividing (x) the product of (1) the number of such forfeited shares of restricted stock (adjusted for the reverse stock split) multiplied by (2) the Arbitron Post-Distribution price multiplied by (3) the Reverse Split Ratio, by (y) the New Ceridian Post-Distribution Price, such quotient to be rounded to the nearest whole share.

• All outstanding stock options, warrants and other rights to acquire securities of Sonus include provisions that will result in such stock option, warrant or right, if still outstanding at the effective time of the Reverse Stock Split, to adjust automatically in accordance with the Reverse Split Ratio as to both exercise price and the amount of Sonus Common Shares issuable thereunder.

• Holders of Common Units who otherwise would be entitled to receive fractional Common Units because they hold a number of Common Units not evenly divisible by the GIP Reverse Split Ratio will automatically be entitled to receive an additional fraction of a Common Unit to round up to the next whole Common Unit.

• Each option (collectively the “Parent Options”) and warrant (collectively the “Parent Warrants”) issued by the Parent and outstanding before the Effective Time shall be reduced at the Effective Time by the Reverse Split Ratio used to calculate the number of Parent Shares described in Section 2.01 and the exercise price of each such option and warrant shall be multiplied by the Reverse Split Ratio.

• Parent shall have completed the amendments to its Articles of Incorporation described in Section 5.01 and effected the Name Change and the Reverse Split using the Reverse Split Ratio required by Section 2.01.

• Any issuance of Banner Shares or warrants, including with respect to conversions of the Convertible Note, prior to the Effective Date shall affect the Reverse Split Ratio.

• Notwithstanding any contrary or inconsistent provision of the Merger Agreement, automatically and immediately upon the effectiveness of the Reverse Stock Split, the number of shares of Parent Common Stock into which the Company Options, to be assumed by Parent pursuant to Section 2.6(d) of the Merger Agreement, shall be exercisable shall be decreased by the Reverse Split Ratio and the per share exercise price of the assumed Company Options shall be increased by the Reverse Split Ratio.

More Definitions of Reverse Split Ratio

Reverse Split Ratio has the meaning set forth in Section 20.1 hereof.

Reverse Split Ratio means a ratio expressed as a fraction, the numerator of which is one and the denominator of which is the number of shares of Frank’s Common Stock being combined into one share of Frank’s Common Stock in the Reverse Stock Split;

Reverse Split Ratio means a ratio of 1-for-8.736 for the Reverse Split or such other ratio as shall be presented at the Objet Shareholders Meeting as part of the Objet Shareholders Approval, subject to adjustments as provided for pursuant hereto.