Exchange Ratio

Example Definitions of "Exchange Ratio"
Exchange Ratio. The rate at which shares of Holding Company Common Stock will be issued in exchange for shares of Mid-Tier Holding Company Common Stock held by the Minority Stockholders in connection with the Mid-Tier Holding Company Merger. The exact rate (which shall be rounded to four decimal places) shall be determined by the MHC, the Mid-Tier Holding Company and the Bank in order to ensure that upon consummation of the Conversion and Reorganization, the Minority Stockholders will own in the aggregate... approximately the same percentage of the Holding Company Common Stock to be outstanding upon completion of the Conversion and Reorganization as the percentage of Mid-Tier Holding Company Common Stock owned by them in the aggregate immediately prior to consummation of the Conversion and Reorganization, before giving effect to (a) cash paid in lieu of any fractional interests of Holding Company Common Stock and (b) any shares of Conversion Stock purchased by the Minority Stockholders in the Offerings. View More
Exchange Ratio. The rate at formula by which shares of Holding Company Common Stock will be issued in exchange exchanged for shares of Mid-Tier Holding Company Common Stock held by the Minority Stockholders Public Shareholders in connection with the Mid-Tier Holding Company Association Merger. The exact rate (which shall be rounded to four decimal places) ratio shall be determined by the MHC, Mutual Holding Company, the Mid-Tier Holding Company and the Bank Association in order to ensure that upon consummation... of the Conversion and Reorganization, Reorganization the Minority Stockholders Public Shareholders will own in the aggregate approximately the same percentage of the Holding Company Common Stock to be outstanding upon completion of the Conversion and Reorganization as the percentage of Mid-Tier Holding Company Common Stock owned by them in the aggregate immediately prior to consummation of the Conversion and Reorganization, before giving effect to (a) cash paid in lieu of any fractional interests of Holding Company Common Stock and Stock, (b) any shares of Conversion Stock purchased by the Minority Stockholders Public Shareholders in the Offerings. Offerings and (c) the First Louisiana Merger Shares. View More
Exchange Ratio. The rate at which shares of the Holding Company Common Stock will be issued in exchange for shares of the Mid-Tier Holding Company Common Stock held by the Minority Stockholders Shareholders in connection with the Mid-Tier Holding Company Merger. The exact rate (which shall be rounded down to four decimal places) shall be determined by the MHC, the Mid-Tier Holding Company and the Bank in order to ensure ensure, subject to adjustment, that upon consummation of the Conversion and Reorganization,... Reorganization the Minority Stockholders Shareholders will own in the aggregate approximately the same percentage of the Holding Company Common Stock to be outstanding upon completion of the Conversion and Reorganization as the percentage of the Mid-Tier Holding Company Common Stock owned by them in the aggregate immediately prior to consummation of the Conversion and Reorganization, before giving effect to (a) cash paid in lieu of any fractional interests of the Holding Company Common Stock and (b) any shares of Conversion Stock purchased by the Minority Stockholders Shareholders in the Offerings. However, in accordance with the policies of the FDIC and the FRB, the exchange ratio must be adjusted downward to reflect the aggregate amount of Existing Rockville Financial dividends paid to Rockville Financial MHC and the initial capitalization of Rockville Financial MHC. The Minority Shareholders will experience a dilution in ownership interest from a 43.30% current ownership interest in the Mid-Tier Holding Company to an approximately 41.81% interest in the Holding Company. View More
View Variations (2)
Exchange Ratio. 0.6410
Exchange Ratio. 0.6133
Exchange Ratio. Has the meaning set forth in the Merger Agreement.
Exchange Ratio. Has the meaning given such term in the Securities Agreement.
Exchange Ratio. Has the meaning specified in the Merger Agreement.
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