Adjustment for Cash Dividends. In case the Company shall pay a dividend in cash or make a distribution in cash, the Exercise Price per Share payable upon exercise of this Warrant shall be adjusted and reduced by the amount of such dividend payment. This section shall be effective as of the date this Warrant was first issued. .
Appears in 3 contracts
Samples: Share Purchase Warrant (Flagstone Reinsurance Holdings, S.A.), Flagstone Reinsurance Holdings, S.A., Flagstone Reinsurance Holdings LTD
Adjustment for Cash Dividends. In case the Company shall pay a dividend in cash or make a distribution in cashcash in respect of the Shares, the Exercise Price per Share Unit payable upon exercise of this Warrant shall be adjusted and reduced by the amount of such dividend payment. This section shall be effective as of the date of effectiveness of this Warrant was first issued. pursuant to Section 15 hereof.
Appears in 1 contract
Samples: Validus Holdings LTD
