Recapitalization Event definition

Recapitalization Event means any event of share combination or subdivision, distribution of bonus shares or any other similar reclassification, reorganization or recapitalization of the Company’s share where the shareholders retain their proportionate holdings in the Company.

Recapitalization Event means a stock split, reverse stock split, combination, reclassification, recapitalization, stock dividend or similar transaction.

Recapitalization Event has the meaning set forth in Section 5.03(a).

Examples of Recapitalization Event in a sentence

• In the event of a Recapitalization Event (or other event) where the Common Stock of the Company (or that of a successor) is not traded on the NYSE MKT LLC, the Committee shall equitably adjust the definition of Average Closing Stock Price to reflect the public or nonpublic nature of the Common Stock and, if any, the applicable exchange on which it is traded.

• The amounts to be paid or set aside for payment as provided above in this Section 5 shall be proportionately increased or decreased in inverse relation to the change in the number of outstanding shares resulting from any Series A Recapitalization Event.

• All numbers relating to the calculation of dividends shall be subject to an equitable adjustment in the event of any Series A Recapitalization Event.

• The amounts to be paid or set aside for payment as provided above in this Section 5 shall be proportionately increased or decreased in inverse relation to the change in the number of outstanding shares resulting from any Series C Recapitalization Event.

• For the avoidance of doubt, a Recapitalization Event shall trigger an appropriate adjustment to the Conversion Ratio under Section 8(a) and (b).

More Definitions of Recapitalization Event

Recapitalization Event means any stock splits, stock dividends, recapitalizations, reclassifications and similar events.

Recapitalization Event means a transaction or event described in Section 4.05(a)(iv).

Recapitalization Event means a recapitalization, reorganization, stock dividend or other special corporate restructuring which results in an extraordinary distribution to the stockholders of cash and/or securities through the use of leveraging or otherwise but which does not result in a Change of Control.

Recapitalization Event means any event of share combination or subdivision, distribution of Bonus Shares or any other reclassification, reorganization or recapitalization of the Company’s share capital where the Shareholders retain their proportionate holdings in the Company on an as converted basis.

Recapitalization Event means any event of share combination or subdivision, share splits, stock dividends, bonus shares or any other reclassification, reorganization or recapitalization of the Company’s share capital and the like.

Recapitalization Event means any split or consolidation of shares, the distribution of Bonus Shares, any recapitalization of the Company's Equity Securities pursuant to Section 350 of the Companies Law and any other reclassification or similar events.

Recapitalization Event means any consolidation, merger or similar extraordinary transaction, or any recapitalization or reclassification of the Common Shares, which in any such event does not constitute a Change of Control Event.