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

Adjustment for Shares Splits and Combinations. If the Company at any time or from time to time effects a subdivision of the outstanding Ordinary Shares, the number of Warrant Shares issuable upon exercise of this Warrant immediately before the subdivision shall be proportionately increased, and conversely, if the Company at any time or from time to time combines the outstanding Ordinary Shares, the number of Warrant Shares issuable upon exercise of this Warrant immediately before the combination shall be proportionately decreased. Any adjustment under this Section 7(a) shall become effective at the close of business on the date the subdivision or combination becomes effective.

Appears in 11 contracts

Samples: Warrant (Bank Leumi Le Israel Bm), Bank Hapoalim Bm, Bank Hapoalim Bm

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Adjustment for Shares Splits and Combinations. If the Company at any time or from time to time during the term of this Warrant effects a subdivision of the outstanding Ordinary Shares, the number of Warrant Ordinary Shares issuable upon exercise of this Warrant immediately before the subdivision shall be proportionately increased, and conversely, if the Company at any time or from time to time combines the outstanding Ordinary Shares, the number of Warrant Ordinary Shares issuable upon exercise of this Warrant immediately before the combination shall be proportionately decreased. Any adjustment under this Section 7(a) shall become effective at the close of business on the date the subdivision or combination becomes effective.

Appears in 11 contracts

Samples: Registration Rights Agreement (Viryanet LTD), Share Purchase Agreement (Viryanet LTD), Viryanet LTD

Adjustment for Shares Splits and Combinations. If the Company at any time or from time to time effects a subdivision of the outstanding Ordinary Shares, the number of Warrant Ordinary Shares issuable upon exercise of this Warrant immediately before the subdivision shall be proportionately increased, and conversely, if the Company at any time or from time to time combines the outstanding Ordinary Shares, the number of Warrant Ordinary Shares issuable upon exercise of this Warrant immediately before the combination shall be proportionately decreased. Any adjustment under this Section 7(a6(a) shall become effective at the close of business on the date the subdivision or combination becomes effective.

Appears in 8 contracts

Samples: PV Nano Cell, Ltd., PV Nano Cell, Ltd., GTRIMG Investments Ltd.

Adjustment for Shares Splits and Combinations. If the Company at any time or from time to time effects a subdivision of the outstanding Ordinary Shares, the number of Warrant Conversion Shares issuable upon exercise conversion of this Warrant Capital Note immediately before the subdivision shall be proportionately increased, and conversely, if the Company at any time or from time to time combines the outstanding Ordinary Shares, the number of Warrant Conversion Shares issuable upon exercise conversion of this Warrant Capital Note immediately before the combination shall be proportionately decreased. Any adjustment under this Section 7(a) clause 7.1 shall become effective at the close of business on the date the subdivision or combination becomes effective.

Appears in 4 contracts

Samples: Conversion Agreement (Bank Hapoalim Bm), Conversion Agreement (Bank Hapoalim Bm), Conversion Agreement (Bank Hapoalim Bm)

Adjustment for Shares Splits and Combinations. If the Company at any time or from time to time effects a subdivision of the its outstanding Ordinary Shares, the number of Warrant Shares issuable upon exercise of this Warrant immediately before the subdivision shall be proportionately increased, and conversely, if the Company at any time or from time to time combines the outstanding Ordinary Shares, the number of Warrant Shares issuable upon exercise of this Warrant immediately before the combination shall be proportionately decreased. Any adjustment under this Section 7(aSubsection (a) shall become effective at the close of business on the date the subdivision or combination becomes effective.

Appears in 3 contracts

Samples: Side Agreement, Side Agreement (PV Nano Cell, Ltd.), Side Agreement (PV Nano Cell, Ltd.)

Adjustment for Shares Splits and Combinations. If the Company at any time or from time to time effects a subdivision of the its outstanding Ordinary Sharesshares, the number of Warrant Shares issuable upon exercise of this Warrant immediately before the subdivision shall be proportionately increased, and conversely, if the Company at any time or from time to time combines the its outstanding Ordinary Sharesshares, the number of Warrant Shares issuable upon exercise of this Warrant immediately before the combination shall be proportionately decreased. Any adjustment under this Section 7(a6(a) shall become effective at the close of business on the date the subdivision or combination becomes effective.

Appears in 2 contracts

Samples: Share Purchase Agreement (Wearable Devices Ltd.), Share Purchase Agreement (Wearable Devices Ltd.)

Adjustment for Shares Splits and Combinations. If the Company at --------------------------------------------- any time or from time to time effects a subdivision of the outstanding Ordinary Shares, the number of Warrant Ordinary Shares issuable upon exercise of this Warrant immediately before the subdivision shall be proportionately increased, and conversely, if the Company at any time or from time to time combines the outstanding Ordinary Shares, the number of Warrant Ordinary Shares issuable upon exercise of this Warrant immediately before the combination shall be proportionately decreased. Any adjustment under this Section 7(a8(a) shall become effective at the close of business on the date the subdivision or combination becomes effective.

Appears in 2 contracts

Samples: Accord Networks LTD, Accord Networks LTD

Adjustment for Shares Splits and Combinations. If the Company at any time or from time to time effects a subdivision of the outstanding Ordinary Shares, the number of Warrant Ordinary Shares issuable upon exercise of this Warrant immediately before the subdivision shall be proportionately increased, and conversely, if the Company at any time or from time to time combines the outstanding Ordinary Shares, the number of Warrant Ordinary Shares issuable upon exercise of this Warrant immediately before the combination shall be proportionately decreased. Any adjustment under this Section 7(a) shall become effective at the close of business on the date the subdivision or combination becomes effective.

Appears in 2 contracts

Samples: Share Purchase Agreement (BVR Systems 1998 LTD), HSN General Managers Holdings Limited Partnership

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Adjustment for Shares Splits and Combinations. If the Company at any --------------------------------------------- time or from time to time effects a subdivision of the outstanding Ordinary Common Shares, the number of Warrant Common Shares issuable upon exercise of this Warrant immediately before the subdivision shall be proportionately increased, and conversely, if the Company at any time or from time to time combines the outstanding Ordinary Common Shares, the number of Warrant Common Shares issuable upon exercise of this Warrant immediately before the combination shall be proportionately decreased. Any adjustment under this Section 7(a8(a) shall become effective at the close of business on the date the subdivision or combination becomes effective.

Appears in 1 contract

Samples: Level 8 Systems Inc

Adjustment for Shares Splits and Combinations. If the Company at any time or from time to time effects a subdivision of the outstanding Ordinary Sharescommon shares, the number of Warrant Shares issuable upon exercise of this Warrant the Option immediately before the subdivision shall be proportionately increased, and conversely, if the Company at any time or from time to time combines the outstanding Ordinary Sharescommon shares, the number of Warrant Shares issuable upon exercise of this Warrant the Option immediately before the combination shall be proportionately decreased. Any adjustment under this Section 7(a4.1(g)(i) shall become effective at the close of business on the date the subdivision or combination becomes effective.

Appears in 1 contract

Samples: Stock Purchase Agreement (Top Image Systems LTD)

Adjustment for Shares Splits and Combinations. If the Company at any ---------------------------------------------- time or from time to time during the term of this Warrant effects a subdivision of the outstanding Ordinary Shares, the number of Warrant Ordinary Shares issuable upon exercise of this Warrant immediately before the subdivision shall be proportionately increased, and conversely, if the Company at any time or from time to time combines the outstanding Ordinary Shares, the number of Warrant Ordinary Shares issuable upon exercise of this Warrant immediately before the combination shall be proportionately decreased. Any adjustment under this Section 7(a) shall become effective at the close of business on the date the subdivision or combination becomes effective.

Appears in 1 contract

Samples: Viryanet LTD

Adjustment for Shares Splits and Combinations. If the Company at any time or from time to time effects a subdivision of the outstanding Ordinary Shares, the number of Warrant Ordinary Shares issuable upon exercise of this Warrant immediately before the subdivision shall be proportionately increased, and conversely, if the Company at any time or from time to time combines the outstanding Ordinary Shares, the number of Warrant Ordinary Shares issuable upon exercise of this Warrant immediately before the combination shall be proportionately decreased. Any adjustment under this Section 7(a8(a) shall become effective at the close of business on the date the subdivision or combination becomes effective.

Appears in 1 contract

Samples: Radcom LTD

Adjustment for Shares Splits and Combinations. If the Company at any --------------------------------------------- time or from time to time during the term of this Warrant effects a subdivision of the outstanding Ordinary Shares, the number of Warrant Ordinary Shares issuable upon exercise of this Warrant immediately before the subdivision shall be proportionately increased, and conversely, if the Company at any time or from time to time combines the outstanding Ordinary Shares, the number of Warrant Ordinary Shares issuable upon exercise of this Warrant immediately before the combination shall be proportionately decreased. Any adjustment under this Section 7(a8(a) shall become effective at the close of business on the date the subdivision or combination becomes effective.

Appears in 1 contract

Samples: Viryanet LTD

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