Adjusted Basic Amount

Adjusted Basic Amount. Means, with respect to an Offeree, its pro rata portion of Offered Securities determined by multiplying (i) the aggregate number of Offered Securities, less the number of Offered Securities that the Offerees have permitted Outside Investors to purchase pursuant to Section 12 by (ii) a fraction, the numerator of which is the aggregate number of Conversion Shares and IVP Shares then held by such Offeree and the denominator of which is the total number of Conversion Shares and IVP Shares then held... by all Offerees. View More