Warrant Conversion Ratio definition

Warrant Conversion Ratio means, with respect to each holder of Company Common Stock, Company Preferred Stock (other than Company Preferred Stock issued after the date hereof), and Company Options (other than Pre-Closing Options), such holder’s Pro Rata Share of 1,000,000 shares of Parent Class A Common Stock.
View Source

Examples of Warrant Conversion Ratio in a sentence

  • The Purchase Price of each HPX Warrant will be determined by: (i) subtracting from the current Purchase Price of $6.25 an amount determined by dividing the Previously Taxed Earnings Distribution (as such term is defined in the HPX Merger Agreement) by 2,027,776 (the number of issued and outstanding shares of Common Stock of the Company following the Monterey Mergers); (ii) dividing the resulting number by the Warrant Conversion Ratio; and (iii) subtracting $.15.

  • Each OutBack shareholder's pro rata portion of the Merger Warrants shall be calculated by multiplying the number of shares of OutBack Common Stock held of record by that shareholder by the quotient obtained by dividing 67,500 by the number of shares of OutBack Common Stock outstanding immediately prior to the Effective Time of the Merger (the "Warrant Conversion Ratio").

  • If upon application of the Warrant Conversion Ratio the number of shares of GoAmerica Common Stock underlying any Merger Warrant would have a fractional amount, such fractional amount must be rounded to the nearest whole share.

Related to Warrant Conversion Ratio

  • Conversion Ratio means the ratio (expressed as the number of Shares to which one Warrant relates) specified by the Issuer, subject to adjustments in accordance with these Conditions.

  • Series A Conversion Rate means, as adjusted pursuant to Section 5.8(b)(vi)(E), the number of Common Units issuable upon the conversion of each Series A Preferred Unit, which shall be the quotient of (a) the sum of (i) the Series A Issue Price, plus (ii) any Series A Unpaid Distributions on the applicable Series A Preferred Unit, plus (iii) only for purposes of the definition of “Series A COC Conversion Rate,” any Series A Partial Period Distributions on the applicable Series A Preferred Unit, divided by (b) the Series A Issue Price.

  • Warrant Share Number means at any time the aggregate number of shares of Warrant Stock which may at such time be purchased upon exercise of this Warrant, after giving effect to all prior adjustments and increases to such number made or required to be made under the terms hereof.

  • Conversion Rate shall have the meaning specified in Section 14.01(a).

  • Base Conversion Price shall have the meaning set forth in Section 5(b).