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 during the term of this Warrant effects a subdivision of the outstanding Ordinary Shares, the number of 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 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: Share Purchase Agreement (Viryanet LTD), Share Purchase Agreement (Viryanet LTD), Warrant Agreement (Viryanet LTD)

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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 Ordinary 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 Ordinary 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 Agreement (Bank Hapoalim Bm), Warrant Agreement (Bank Hapoalim Bm), Warrant Agreement (Bank Leumi Le Israel Bm)

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 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 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: Warrant Agreement (PV Nano Cell, Ltd.), Warrant Agreement (PV Nano Cell, Ltd.), Warrant Agreement (GTRIMG Investments 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 Ordinary 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 Ordinary 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 during the term of this Warrant effects a subdivision of the its outstanding Ordinary Shares, the number of Ordinary 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 Ordinary 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 during the term of this Warrant effects a subdivision of the its outstanding Ordinary Sharesshares, the number of Ordinary 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 Ordinary 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 during the term of this Warrant effects a subdivision of the outstanding Ordinary Shares, the number of 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 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: Intention Letter for Granting Credit (Accord Networks LTD), Warrant Agreement (Accord Networks 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 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 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), Warrant Agreement (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 during the term of this Warrant effects a subdivision of the outstanding Ordinary Sharesshares, the number of Ordinary Shares 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 Sharesshares, the number of Ordinary Shares shares issuable upon exercise of this Warrant immediately before the combination shall be proportionately decreased. Any adjustment under this Section 7(a) β€Ž10.1 shall become effective at the close of business on the date the subdivision or combination becomes effective.

Appears in 2 contracts

Samples: Framework Agreement for Foreign Currency Loans (Wintegra Inc), Framework Agreement for Foreign Currency Loans (Wintegra Inc)

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 Common Shares, the number of Ordinary 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 Ordinary 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: Warrant Agreement (Level 8 Systems Inc)

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 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 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: Warrant Agreement (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 Sharescommon shares, the number of Ordinary 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 Ordinary 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)

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