Adjustment of Rights. In the event that the outstanding shares of Common Stock are at any time increased or decreased or changed into or exchanged for a different number or kind of share or other security of Borrower, or of another corporation through reorganization, merger, consolidation, liquidation, recapitalization, stock split, combination of shares or stock dividends payable with respect to such Common Stock, appropriate adjustments in the number and kind of such securities then subject to the Note shall be made effective as of the date of such occurrence so that the position of holder of the Note upon exercise will be the same as it would have been had it owned immediately prior to the occurrence of such events the Common Stock issuable upon conversion of the Note. Such adjustment shall be made successively whenever any event listed above shall occur and Borrower will notify the holder of the Note of each such adjustment. Any fraction of a share resulting from any adjustment shall be eliminated and the price per share of the remaining shares subject to the Note adjusted accordingly.
Adjustment of Rights. The number of Rights represented by each Certificate shall be subject to adjustment from time to time upon the happening of certain events as hereinafter provided.
Adjustment of Rights. The rights of each Shareholder and other terms of this Agreement (including the Reserved Matters) will be adjusted equitably and in good faith if the Shareholders’ respective Share ownership percentages change after the date hereof.
Adjustment of Rights. In the event that the outstanding shares of common stock of the Company are at any time changed into or exchanged for a different number or kind of share or other security of the Company or of another corporation through reorganization, merger, consolidation, liquidation, or recapitalization, appropriate adjustments in the number and kind of such securities then subject to this Warrant shall be made effective as of the date of such occurrence so that the position of Holder upon exercise will be the same as it would have been had it owned immediately prior to the occurrence of such events the Warrant Shares subject to this Warrant and so that the Holder shall be entitled to receive upon exercise of the Warrant the kind and amount of securities and property (including cash) which would have been received by the Holder had the Warrant been exercised. If the Company at any time subdivides (by any stock split, stock dividend, recapitalization or otherwise) its outstanding common stock into a greater number of shares of common stock, the number of the Warrant Shares in effect immediately prior to such subdivision will be proportionately increased. If the Company at any time combines (by reverse stock split or otherwise) its outstanding shares of common stock, the number of the Warrant Shares in effect immediately prior to such combination will be proportionately decreased. Such adjustment shall be made successively whenever any event listed above shall occur and the Company will notify the Holder of the Warrant of each such adjustment.
Adjustment of Rights. In the event that the outstanding shares of Common Stock of the Company are at any time increased or decreased or changed into or exchanged for a different number or kind of share or other security of the Company or of another corporation through reorganization, merger, consolidation, liquidation, recapitalization, stock split, combination of shares or stock dividends payable with respect to such Common Stock, appropriate adjustments in the number, kind and price of such securities then subject to this Warrant shall be made effective as of the date of such occurrence so that the position of Holder upon exercise will be the same as it would have been had he owned immediately prior to the occurrence of such event the number of shares of Common Stock subject to this Warrant. Such adjustment shall be made successively whenever any event listed above shall occur and the Company will notify Holder of the Warrant of each such adjustment. Any fraction of a share resulting from any adjustment shall be eliminated and the price per share of the remaining shares subject to this Warrant adjusted accordingly.
Adjustment of Rights. In the event that the outstanding shares of Common Stock of the Company are at any time increased or decreased or changed into or exchanged for a different number or kind of share or other security of the Company or of another corporation through reorganization, merger, consolidation, liquidation, recapitalization, stock split, combination of shares or stock dividends payable with respect to such Common Stock, appropriate adjustments in the number and kind of such securities then subject to this Warrant shall be made effective as of the date of such occurrence so that the position of Holder upon exercise will be the same as it would have been had Holder owned immediately prior to the occurrence of such events the Warrant Shares subject to this Warrant. Such adjustment shall be made successively whenever any event listed above shall occur and the Company will notify Holder of the Warrant of each such adjustment. Any fraction of a share resulting from any adjustment shall be eliminated and the price per share of the remaining shares subject to this Warrant adjusted accordingly. If, as a result of an adjustment made pursuant to this paragraph, the Holder of any Warrant thereafter exercised shall become entitled to receive shares of two or more classes of capital stock of the Company, the Board of Directors (whose determination shall be conclusive) shall determine the allocation of the adjusted Purchase Price between or among shares of such classes of capital stock. This provision shall not limit the rights of Holder as specified herein to exercise this Warrant prior to any of the events described herein. In the event of a complete liquidation of the Company, or a merger, reorganization, consolidation of the Company with any other corporation in which the Company is not the surviving corporation or the Company becomes a wholly-owned subsidiary of another corporation, or the Company sells all or substantially all of its assets (each such event referred to herein as a "Corporate Event"), the Company shall provide written notice of the proposed Corporate Event to all Holders of Warrants thirty-five (35) days prior to the occurrence of any such Corporate Event, describing all material terms of the proposed Corporate Event and providing the opportunity to all Holders to review all relevant documents in connection with the Corporate Event. The Company shall not be required to issue fractional shares of Common Stock on the exercise of this Warrant. If any fraction of...
Adjustment of Rights. The parties agree that in the event that the Stock Exchange raises any issues with the Issuer about the rights granted to the Investor to nominate Investor Directors pursuant to clauses 4.11 to 4.12 not being in compliance with the Listing Rules, the parties will:-
(A) endeavour to communicate with the Stock Exchange on a joint basis with a view to explaining to the Stock Exchange the rationale for the grant of rights, and use all reasonable endeavours to procure that the Stock Exchange accept such rights; and
(B) to the extent necessary, discuss and negotiate in good faith on a timely basis with a view to agreeing adjustments to the nomination rights that most closely replicate and give the same effect as the commercial and legal arrangements intended by clauses 4.11 to 4.12.
Adjustment of Rights. In the event that the outstanding shares of Common Stock of the Company are at any time increased or decreased or changed into or exchanged for a different number or kind of share or other security of the Company or of another corporation through reorganization, merger, consolidation, liquidation, recapitalization, stock split, combination of shares, stock dividends payable with respect to such Common Stock or any event similar to any of the foregoing, appropriate adjustments in the number, kind and price of such securities then subject to this Warrant shall be made effective as of the date of such occurrence so that the position of Holder upon exercise will be the same as it would have been had he owned immediately prior to the occurrence of such event the number of shares of Common Stock subject to this Warrant. Such adjustment shall be made successively whenever any event listed above shall occur and the Company will notify Holder of the Warrant of each such adjustment. Any fraction of a share resulting from any adjustment shall be eliminated and the price per share of the remaining shares subject to this Warrant adjusted accordingly.
Adjustment of Rights. The number of shares of Common Stock which the Holder of this Option is entitled to purchase and the exercise price shall be subject to adjustment from time to time as hereinafter provided in this Section 4.
Adjustment of Rights
