Stock Conversion Number definition

Stock Conversion Number shall have the meaning set forth in Section 3.2.1.
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Stock Conversion Number has the meaning set forth in Section 2.04(a).
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Stock Conversion Number has the meaning set forth in Section 3.07(a).
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Examples of Stock Conversion Number in a sentence

  • At the Effective Time, by virtue of the Merger and without any action on the part of the holder of any shares of capital stock: (a) Subject to Sections 1.02(b) and 1.02(e) hereof, each share of Company Stock issued and outstanding immediately prior to the Merger shall be converted into and shall become that number of fully paid and nonassessable shares of Acquiror Common Stock equal to the Common Stock Conversion Number.

  • For purposes of this Section 1.6(e), if FNB is obligated to increase the number of Adjustable Conversion Shares to be converted into shares of FNB Stock as a result of the application of the last clause of Section 1.6(d) above, then the higher number shall be the Stock Conversion Number in the calculations set forth in this Section 1.6(e).

  • The number of shares of Company Series A Common Stock and Company Options to be converted into Surviving Corporation Series A Common Stock in the Merger pursuant to this Agreement (the "Stock Conversion Number") shall not exceed the amount which is equal as nearly as practicable to 8,277,054 shares.

  • For purposes of this Section 2.2(e), if Parent is obligated to increase the number of shares of Company Common Stock to be converted into shares of Parent Common Stock as a result of the application of the proviso of Section 2.2(d) above, then the higher number shall be substituted for the Stock Conversion Number in the calculations set forth in this Section 2.2(e).

  • At or prior to the Effective Time, MutualFirst shall deliver to the Exchange Agent the Aggregate Merger Consideration which shall consist of (i) certificates for MutualFirst Common Stock equal to the product of the Stock Conversion Number and the Exchange Ratio and (ii) the aggregate Cash Consideration equal to the product of twenty percent (20%) of the number of shares of MFB Common Stock outstanding immediately prior to the Effective Time and $41.00 (collectively, the “Exchange Fund”).


More Definitions of Stock Conversion Number

Stock Conversion Number is defined in Section 2.3(c) of the Agreement.
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Stock Conversion Number means a number equal to the number of Exchangeable Shares minus the result obtained by dividing (a) the product of the number of Exchangeable Shares and $11.4996 by (b) the Per Share Consideration.
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Stock Conversion Number shall have the meaning set forth in Section 2.1(c) of the Agreement.
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Stock Conversion Number shall have the meaning ascribed thereto in Section 2.1(g).
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Stock Conversion Number shall have the meaning given to that term in Section 2.6(d).
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Stock Conversion Number shall be equal to the product of (i) the number of shares of Company Common Stock outstanding immediately prior to the Effective Time and (ii) 0.6.
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Stock Conversion Number means the quotient (calculated to the fourth decimal place) obtained by dividing (a) the Stock Consideration by (b) the Share Number.
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