Exchange Ratio Definition Example with 5 Variations

This page contains an example definition of Exchange Ratio, followed by definitions with minor variations. You can view the differences between the example and variations by selecting the "Show Differences" option.
Exchange Ratio. Means 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 Bank 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 inte rests of Holding Company Common Stock and (b) any shares of Conversion Stock purchased by the Minority Stockholders in the Offerings. View More Arrow

Variations

Exchange Ratio. Means means 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 Bank Mid-Tier Holding Company Merger. The exact rate ratio (which shall be rounded to four decimal places) shall be determined by the MHC, Mutual Holding Company, the Mid-Tier Holding Company and the Bank 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 inte rests interests of Holding Company Common Stock and and, (b) any shares of Conversion Stock purchased by the Minority Stockholders Public Shareholders in the Offerings. View More Arrow
Exchange Ratio. Means means the rate at which shares of Holding Company Common Stock will be issued in exchange exchanged for shares of Mid-Tier Holding Company Association Common Stock held by the Minority Stockholders Public Shareholders in connection with the Bank Merger. The exact rate (which shall be rounded to four decimal places) the nearest ten-thousandth) shall be determined by the MHC, the Mid-Tier Mutual 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 Association 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 inte rests interests of Holding Company Common Stock and Stock, (b) any shares of Conversion Stock purchased by the Minority Stockholders Public Shareholders or Tax-Qualified Employee Stock Benefit Plans in the Offerings. Offerings and (c) any shares of Holding Company Common Stock contributed to the Foundation. 5 View More Arrow
Exchange Ratio. Means means the rate at which shares of Holding Company the Bank Common Stock will be issued in exchange exchanged for shares of Mid-Tier Holding Company Common Stock held by the Minority Stockholders in connection with the Bank Merger. The exact rate (which shall be rounded to four decimal places) shall be determined by the MHC, the Mid-Tier Holding Company MHC and the Bank in order 4 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 Bank Common Stock owned by them in the aggregate immediately prior to consummation of immediate before the Conversion and Reorganization, before giving effect to (a) cash paid in lieu of any fractional inte rests shares of Holding Company Common Stock and (b) any shares of Conversion Common Stock purchased by the Minority Stockholders in the Offerings. View More Arrow
Exchange Ratio. Means means the rate at 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 Bank Merger. The exact rate (which shall be rounded to four decimal places) shall be determined by the MHC, Mutual Holding Company, the Mid-Tier Holding Company and the Bank 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 inte rests interests of Holding Company Common Stock and (b) any shares of Conversion Stock purchased by the Minority Stockholders Public Shareholders or Tax-Qualified Employee Stock Benefit Plans in the Offerings. View More Arrow
Exchange Ratio. Means means the rate at 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 Bank Merger. The exact rate (which shall be rounded to four decimal places) shall be determined by the MHC, Mutual Holding Company, the Mid-Tier Holding Company and the Bank in order to ensure that upon consummation of the Conversion and Reorganization, the ... class="diff-color-red">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 inte rests interests of Holding Company Common Stock and (b) any shares of Conversion Stock purchased by the Minority Stockholders Public Shareholders in the Offerings. View More Arrow
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