Calculations Aggregated for Each Holder Sample Clauses
The "Calculations Aggregated for Each Holder" clause defines how financial or quantitative calculations are to be performed on a per-holder basis, rather than collectively. In practice, this means that any amounts owed, benefits accrued, or obligations calculated under the agreement are determined separately for each individual or entity holding an interest, such as shareholders or bondholders. For example, if interest payments or distributions are due, the amounts are calculated for each holder based on their specific holdings or entitlements. This approach ensures fairness and accuracy by preventing the pooling of calculations, thereby allocating amounts precisely and transparently to each party as intended.
Calculations Aggregated for Each Holder. The composition of the Conversion Consideration due upon conversion of the Convertible Preferred Stock of any Holder will be computed based on the total number of shares of Convertible Preferred Stock of such Holder being converted with the same Conversion Date. For these purposes, any cash amounts due to such Holder in respect thereof will be rounded to the nearest cent.
Calculations Aggregated for Each Holder. The composition of the Exercise Consideration due upon exercise of any Warrant of any Holder will be computed based on the total number of Warrants of such Holder being exercised with the same Exercise Date. Any cash amounts due to such Holder in respect thereof will, after giving effect to the preceding sentence, be rounded to the nearest cent.
Calculations Aggregated for Each Holder. The composition of the consideration due upon conversion of the Series A Preferred of any holder will be computed based on the total number of shares of Series A Preferred of such holder being converted. For these purposes, any cash amounts due to such holder in respect thereof will be rounded to the nearest cent.
Calculations Aggregated for Each Holder. The composition of the Exchange Consideration due upon Exchange of the Exchangeable Preferred Stock of any Holder will be computed based on the total number of shares of Exchangeable Preferred Stock of such Holder being Exchanged with the same Exchange Date. Any cash amounts due to such Holder in respect thereof will, after giving effect to the preceding sentence, be rounded to the nearest cent.