Examples of Ordinary Share in a sentence
For the avoidance of doubt, any issuance made pursuant to a Variable Rate Transaction during the Limited Sales Period must be at a price of no less than $1.26 per ADS (or $0.126 per Ordinary Share) and, if a Variable Rate Transaction is entered into during the Limited Sales Period, it must not permit any sales during the Limited Sales Period at a price less than $1.26 per ADS (or $0.126 per Ordinary Share).
The exercise price per Ordinary Share under this Warrant shall be $1.60, subject to adjustment hereunder (the “Exercise Price”).
For purposes of any such exercise, the determination of the Exercise Price shall be appropriately adjusted to apply to such Alternate Consideration based on the amount of Alternate Consideration issuable in respect of one Ordinary Share in such Fundamental Transaction, and the Company shall apportion the Exercise Price among the Alternate Consideration in a reasonable manner reflecting the relative value of any different components of the Alternate Consideration.
All calculations under this Section 3 shall be made to the nearest cent or the nearest 1/100th of an Ordinary Share, as the case may be.
For the purposes of clarification, the Exercise Price of this Warrant will not be adjusted in the event that the Company or any Subsidiary thereof, as applicable, sells or grants any option to purchase, or sell or grant any right to reprice, or otherwise dispose of or issue (or announce any offer, sale, grant or any option to purchase or other disposition) any Ordinary Shares or Ordinary Share Equivalents, at an effective price per share less than the Exercise Price then in effect.