Examples of Series C Exchange Ratio in a sentence
Subject to Section 2.4(d), each share of Series C Preferred Stock of Company ("Series C Preferred Stock") issued and outstanding immediately prior to the Effective Time (other than any shares of Series C Preferred Stock to be cancelled pursuant to Section 2.4(b) and any Dissenting Shares) will be cancelled and extinguished and be converted automatically into the right to receive 0.221239 shares of Parent Common Stock (the "Series C Exchange Ratio").
Subject to Section 1.12, each issued and outstanding share of Series C Preferred Stock (other than shares to be canceled in accordance with Section 1.6(b) and any Dissenting Shares to the extent provided in Section 1.9) shall, by virtue of the Merger and without any action on the part of the holder thereof, be converted into the right to receive that fraction of a share of Parent Common Stock equal to the Series C Exchange Ratio.
It is pleasing to see the resilience of environmental markets against a more volatile backdrop for global equities, commodity prices, political unrest, and emerging markets.
At the Effective Time, each share of BPOMS Series C Preferred Stock that is then outstanding shall be converted automatically into a right to receive 1.7700 (to be adjusted after determination of the Reverse Split and otherwise in accordance with Section 3.6) (the " Series C Exchange Ratio") shares of HealthAxis Common Stock.
Each share of Series C Preferred Stock issued and outstanding immediately prior to the Effective Time (other than shares to be cancelled in accordance with Section 2.2(b) and the Appraisal Shares and shares to be converted subject to completion of the Merger) shall be converted into the right to receive an amount of cash equal to the Series C Cash Amount, and a number of Ordinary Shares equal to the Series C Exchange Ratio.