Series A Exchange Ratio definition

Series A Exchange Ratio means the sum of (a) the Common Exchange Ratio and (b) the quotient obtained by dividing (i) the Series A Preferred Dividend by (ii) the Closing Date Share Value.

Series A Exchange Ratio shall have the meaning specified in Section 3.01(b).

Series A Exchange Ratio means the result obtained by dividing (i) the product of (A) the Series A Preference Percentage multiplied by (B) the Preferred Merger Shares, by (ii) the total number of shares of Series A Preferred Stock outstanding immediately prior to the Effective Time.

Examples of Series A Exchange Ratio in a sentence

• DLJ has delivered to the board of directors of STC its written opinion to the effect that, as of the date hereof, the Common Exchange Ratio, the Series A Exchange Ratio and the Series B Exchange Ratio to be offered to the stockholders of STC in the proposed transaction are fair to such stockholders from a financial point of view.

• Xxxxxx Brothers has delivered to the board of directors of CGI its written opinion to the effect that, as of the date hereof, each of the Common Exchange Ratio, the Series A Exchange Ratio and the Series B Exchange Ratio is fair to the holders of shares of CGI Common Stock from a financial point of view.

• In the event that the number of Series A GFH Preferred Shares presented for exchange pursuant to Section 2.2 as of the Effective Time shall be greater than the number of Series A GFH Preferred Shares represented in Section 3.2 as being outstanding as of the date hereof, then the Series A Exchange Ratio shall be appropriately and proportionately decreased to take into account such additional issued and outstanding, and issuable Series A GFH Preferred Shares.

• Lehmxx Xxxthers has delivered to the board of directors of CGI its written opinion to the effect that, as of the date hereof, each of the Common Exchange Ratio, the Series A Exchange Ratio and the Series B Exchange Ratio is fair to the holders of shares of CGI Common Stock from a financial point of view.

• Each share of Series A Preferred Stock of Company ("Series A Preferred Stock") issued and outstanding immediately prior to the Effective Time (other than any shares of Series A 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 0.142636 shares of Parent Common Stock (the "Series A Exchange Ratio").

More Definitions of Series A Exchange Ratio

Series A Exchange Ratio as defined in Section 2.7(a).

Series A Exchange Ratio means that number equal to a quotient, (A) the numerator of which shall be the Aggregate Series A Share Number, and (B) the denominator of which shall be the total number of shares of Company Series A Preferred Stock assuming full exercise of all warrants and stock options that are exercisable for Company Series A Preferred Stock.

Series A Exchange Ratio will equal the quotient obtained by dividing (A) the total number of Merger Shares not issued to the holders of ANI Series D Preferred Stock under clause (i) above, ANI Series C Preferred Stock under clause (ii) above or ANI Series B Preferred Stock under clause (iii) above, by (B) the number of outstanding ANI Series A Preferred Stock immediately prior to the Effective Time.

Series A Exchange Ratio means the quotient, rounded to fourth decimal place, of (A) 7,008.83, divided by (B) the number of shares of Series A Preferred Stock, or issuable upon exercise or conversion of all options or warrants for, securities convertible into, or other rights to acquire Series A Preferred Stock, outstanding immediately prior to the Effective Time.

Series A Exchange Ratio means a fraction, calculated to seven decimal places, equal to the product of the Aggregate Share Number and the Series A Percentage, divided by the number of shares of Series A Preferred Stock that are issued and outstanding on a fully exercised, fully converted basis immediately prior to the Effective Time.

Series A Exchange Ratio means the sum of (i) the quotient obtained by dividing (x) the Merger Consideration minus the Liquidation Share Number by

Series A Exchange Ratio is defined as the quotient obtained by dividing (i) the quotient obtained by dividing $9,000,000 by the "Juniper Per Share Price" by (ii) the aggregate number of "PBC Series A Preferred Securities" (as defined below). Each holder of PBC issued and outstanding shares of series A preferred stock who does not demand appraisal rights in accordance with Delaware Law or California Law, shall receive the number of Shares equal to the number of Shares determined by applying the Series A Exchange Ratio as defined in the preceding sentence. In utilizing the Series A Exchange Ratio to calculate the amount of stock consideration or the number or exercise price for option shares, all share amounts will be rounded down to the nearest whole number and all dollar amounts will be rounded up to the nearest cent.