Series B Per Share Consideration means the Series B Aggregate Consideration divided by the number of shares of Company Series B Preferred Stock outstanding immediately prior to the Effective Time.
Series B Per Share Consideration means the sum of the Common Per Share Consideration plus the Per Share Liquidation Amount applicable to Company Series B Stock.
Series B Per Share Consideration means, with respect to each Series B Preferred Share, the sum of (a) the Series B Preference Per Share Amount plus (b) the Per Share Consideration.
Examples of Series B Per Share Consideration in a sentence
Each share of Company Series B Stock held by a Company Stockholder immediately prior to the Effective Time (other than Dissenting Shares and shares that are owned by the Company as treasury stock) shall be cancelled and automatically converted into the right to receive, subject to and in accordance with Section 1.4, an amount in cash, without interest, equal to the Series B Per Share Consideration.
More Definitions of Series B Per Share Consideration
Series B Per Share Consideration means (a) an amount equal in cash equal to (i) the Series B Per Share Amount minus (ii) the product of (A) the Series B Per Share Stock Amount multiplied by (B) the reported closing price on the New York Stock Exchange of the Parent Stock on the day immediately prior to the Closing Date and (b) the Series B Per Share Stock Amount.
Series B Per Share Consideration means the quotient obtained by dividing (x) the Net Merger Consideration by (y) the Company Common Stock Deemed Outstanding.
Series B Per Share Consideration means, with respect to each Series B Share, (a) an amount (not less than zero) in cash equal to the Series B Cash Preference for such Series B Share and (b) such number (not less than zero) of shares of Buyer Common Stock as is equal to the Series B Stock Preference for such Series B Share.
Series B Per Share Consideration has the meaning set forth in Section 2.6(b)(ii)(3).
Series B Per Share Consideration means, for each share of Company Series B Preferred Stock, a number of shares of Acquiror Common Stock (with each such share valued at the Acquiror Trading Price) equal to the applicable Series B Liquidation Amount (as defined in the Company Certificate of Incorporation) for such share outstanding immediately prior to the Effective Time divided by the Acquiror Trading Price. For the avoidance of doubt, the Series B Per Share Consideration for each share of Company Series B Preferred Stock may be different depending on the Deemed Original Issue Date (as defined in the Company Certificate of Incorporation) of such share.
Series B Per Share Consideration. Means the portion of the Shareholder Merger Consideration that a holder of one share of Series B Preferred is entitled to receive, if any, as provided in Article VII(d) of the Restated Articles, as amended by the Pre-Effective Time Articles Amendment.
Series B Per Share Consideration means, with respect to each Series B Preferred Share, (A) $1.7925 plus any dividends declared but unpaid thereon (the “Series B Per Share Preference”), plus (B) the Per Participating Share Consideration.