Common use of Adjustment for Share Splits and Combinations Clause in Contracts

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 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 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: Shareholders Agreement (ZEEKR Intelligent Technology Holding LTD), Shareholders Agreement (ZEEKR Intelligent Technology Holding LTD), Share Purchase Agreement (Momo Inc.)

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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 Applicable 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 Applicable 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: Preferred Share Purchase Agreement, 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 Applicable 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 Applicable 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 Applicable 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 Applicable 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 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 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 3 contracts

Samples: Shareholders’ Agreement (TAL Education Group), Share Purchase Agreement (China Kanghui Holdings), Share Restriction 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 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 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 2 contracts

Samples: Shareholders’ Agreement (Gigamedia LTD), Shareholders’ Agreement (Gigamedia LTD)

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 Applicable 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 Applicable 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: Securities Purchase Agreement (Amyris, Inc.)

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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 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 consolidate the outstanding Ordinary Shares into a smaller number of shares, the Applicable 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

Samples: Shareholders Agreement (CHINA NEW BORUN Corp)

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 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 Applicable 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: Agora, Inc.

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 Applicable Series 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 Applicable Series 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: Senior Preferred Share Purchase Agreement (Nobao Renewable Energy Holdings LTD)

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 Applicable 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 Applicable 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)

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