Adjustment for Share Splits and Combinations. If the Company shall at any time, or from time to time, effect a subdivision of the outstanding Ordinary Shares, the Series A Conversion Price in effect immediately prior to such subdivision shall be proportionately decreased. Conversely, if the Company shall at any time, or from time to time, combine the outstanding Ordinary Shares into a smaller number of shares, the Series A Conversion Price in effect immediately prior to the combination shall be proportionately increased. Any adjustment under this paragraph shall become effective at the close of business on the date the subdivision or combination becomes effective.
Appears in 6 contracts
Samples: Series a Preferred Share Purchase Agreement, Series a 1 Senior Preferred Share Purchase Agreement (Nobao Renewable Energy Holdings LTD), Series a Preferred Share Purchase Agreement (Trina Solar LTD)
Adjustment for Share Splits and Combinations. If the Company shall at any time, or from time to time, effect a subdivision of the outstanding Ordinary Shares, the Series A Applicable Conversion Price in effect immediately prior to such subdivision shall be proportionately decreased. Conversely, if the Company shall at any time, or from time to time, combine the outstanding Ordinary Shares into a smaller number of shares, the Series A Applicable Conversion Price in effect immediately prior to the combination shall be proportionately increased. Any adjustment under this paragraph shall become effective at the close of business on the date the subdivision or combination becomes effective.
Appears in 6 contracts
Samples: Shareholder Agreement (ZEEKR Intelligent Technology Holding LTD), Shareholder Agreement (ZEEKR Intelligent Technology Holding LTD), Series C Preferred Share Purchase Agreement (Momo Inc.)
Adjustment for Share Splits and Combinations. If the Company shall at any time, or from time to time, effect a subdivision of the outstanding Ordinary Shares, the Series A Conversion Price in effect immediately prior to such subdivision with respect to each Preferred Share shall be proportionately decreased. Conversely, if the Company shall at any time, or from time to time, combine the outstanding Ordinary Shares into a smaller number of shares, the Series A Conversion Price in effect immediately prior to the such combination with respect to each Preferred Share shall be proportionately increased. Any adjustment under this paragraph shall become effective at the close of business on the date the subdivision or combination becomes effective.
Appears in 5 contracts
Samples: Shareholders Agreement (ZKH Group LTD), Shareholders Agreement (ZKH Group LTD), Shareholders Agreement (ZKH Group LTD)
Adjustment for Share Splits and Combinations. If the Company shall at any time, or from time to time, effect a subdivision of the outstanding Ordinary Common Shares, the Series A applicable Conversion Price in effect immediately prior to such subdivision shall be proportionately decreased. Conversely, if the Company shall at any time, or from time to time, combine the outstanding Ordinary Common Shares into a smaller number of shares, the Series A applicable Conversion Price in effect immediately prior to the combination shall be proportionately increased. Any adjustment under this paragraph shall become effective at the close of business on the date the subdivision or combination becomes effective.
Appears in 4 contracts
Samples: Share Purchase Agreement (eHi Car Services LTD), Share Purchase Agreement (eHi Car Services LTD), Share Purchase Agreement (eHi Car Services LTD)
Adjustment for Share Splits and Combinations. If the Company shall at any time, or from time to time, effect a subdivision of the outstanding Ordinary Common Shares, the Series A Conversion Price in effect immediately prior to such subdivision shall be proportionately decreased. Conversely, if the Company shall at any time, or from time to time, combine the outstanding Ordinary Common Shares into a smaller number of shares, the Series A Conversion Price in effect immediately prior to the combination shall be proportionately increased. Any adjustment under this paragraph shall become effective at the close of business on the date the subdivision or combination becomes effective.
Appears in 3 contracts
Samples: Shareholder Agreements (TAL Education Group), Share Purchase Agreement (China Kanghui Holdings), Share Purchase Agreement (China Kanghui Holdings)
Adjustment for Share Splits and Combinations. If the Company shall at any time, or from time to time, effect a subdivision of the outstanding Ordinary Shares, the Series A Conversion Price in effect immediately prior to such subdivision shall be proportionately decreased. Conversely, if the Company shall at any time, or from time to time, combine the outstanding Ordinary Shares into a smaller number of shares, the Series A Conversion Price in effect immediately prior to the combination shall be proportionately increased. Any adjustment under this paragraph shall become effective at the close of business on the date the subdivision or combination becomes effective.
Appears in 2 contracts
Samples: Shareholders' Agreement (Gigamedia LTD), Shareholders Agreement (Gigamedia LTD)
Adjustment for Share Splits and Combinations. If the Company shall at any time, or from time to time, effect a subdivision of the outstanding Ordinary Shares, the Series A Conversion Price in effect immediately prior to such subdivision shall be proportionately decreased. Conversely, if the Company shall at any time, or from time to time, combine consolidate the outstanding Ordinary Shares into a smaller number of shares, the Series A Conversion Price in effect immediately prior to the combination consolidation shall be proportionately increased. Any adjustment under this paragraph sub-clause shall become effective at the close of business on the date the subdivision or combination consolidation becomes effective.
Appears in 1 contract
Adjustment for Share Splits and Combinations. If the Company shall at any time, time or from time to time, time after the Issue Date effect a subdivision of the outstanding Ordinary Sharesshares of Common Stock, the Series A Conversion Price then in effect immediately prior to such before that subdivision shall be proportionately decreased. Conversely, if If the Company shall at any time, time or from time to time, time after the Issue Date combine the outstanding Ordinary Shares into a smaller number shares of sharesCommon Stock, the Series A Conversion Price then in effect immediately prior to before the combination shall be proportionately increased. Any adjustment under this paragraph shall become effective at the close of business on the date the subdivision or combination becomes effective.
Appears in 1 contract
Adjustment for Share Splits and Combinations. If the Company shall at any time, or from time to time, effect effects a subdivision of the outstanding Ordinary Shares, the Series A A-1 Conversion Price in effect immediately prior to such subdivision shall be proportionately decreased. Conversely, if the Company shall at any time, or from time to time, combine the outstanding Ordinary Shares into a smaller number of shares, the Series A A-1 Conversion Price in effect immediately prior to the combination shall be proportionately increased. Any adjustment under this paragraph shall become effective at the close of business on the date the subdivision or combination becomes effective.
Appears in 1 contract
Samples: Series a 1 Senior Preferred Share Purchase Agreement (Nobao Renewable Energy Holdings LTD)
Adjustment for Share Splits and Combinations. If the Company shall at any time, or from time to time, effect a subdivision of the outstanding Ordinary Shares, the Series A Conversion Price in effect immediately prior to such subdivision shall be proportionately decreased. Conversely, if the Company shall at any time, or from time to time, combine the outstanding Ordinary Shares into a smaller number of shares, the Series A Conversion Price in effect immediately prior to the such combination shall be proportionately increased. Any adjustment under this paragraph shall become effective at the close of business on the date the subdivision or combination becomes effective.
Appears in 1 contract
Samples: Fourth Amended and Restated Memorandum and Articles of Association (Agora, Inc.)
Adjustment for Share Splits and Combinations. If the Company shall at any time, time or from time to time, time after the Issue Date effect a subdivision of the outstanding Ordinary Shares, the Series A Conversion Price then in effect immediately prior to such before that subdivision shall be proportionately decreased. Conversely, if If the Company shall at any time, time or from time to time, time after the Issue Date combine the outstanding Ordinary Shares into a smaller number of sharesShares, the Series A Conversion Price then in effect immediately prior to before the combination shall be proportionately increased. Any adjustment under this paragraph shall become effective at the close of business on the date the subdivision or combination becomes effective.
Appears in 1 contract
Samples: Note Purchase Agreement (Flextronics International LTD)
