Adjustment of Subscription Rights. 4.1 Upon the occurrence of a sub-division or consolidation of the shares of the Company (each an “Adjustment Event”) after the date on which any Warrants are granted, the number of Ordinary Shares which are the subject of the Warrants and the Subscription Price payable on the exercise of Warrants shall be adjusted either in such manner as the Company and the Warrantholders agree in writing is appropriate or, failing agreement, in such manner as the Auditors shall certify is appropriate.
Adjustment of Subscription Rights. The subscription rights attaching to the Special Warrants with respect to the Common Shares issuable upon the exercise or deemed exercise of the Special Warrants shall be subject to adjustment from time to time as follows:
Adjustment of Subscription Rights. Subject to Sections 2.14 and 2.15, if at any time after the date hereof and prior to the Expiry Time, and provided that any Special Warrants remain unexercised, there shall be:
Adjustment of Subscription Rights. The Conversion Price in effect at any date shall be subject to adjustment from time to time as follows:
Adjustment of Subscription Rights. The Subscription Price in effect and the number and type of securities purchasable under the Warrant at any date shall be subject to adjustment from time to time as follows:
Adjustment of Subscription Rights. The above provisions are, however, subject to the following:
Adjustment of Subscription Rights. (a) The Exercise Price and the number of Ordinary Shares purchasable upon the exercise of a Agent's Compensation Option shall be subject to adjustment from time to time as set forth in this Article 4 with respect to any fact or event described herein occurring after the Issue Date but prior to the Expiry Time. The adjustments provided for in this Article 4 are cumulative. Notwithstanding anything contained in this Article 4, any adjustment made pursuant to any provision of this Article 4 shall be made without duplication of an adjustment otherwise required by and made pursuant to another provision of this Article 4 on account of the same facts or events.
Adjustment of Subscription Rights. 12 4.2 Proceedings Prior to any Action Requiring Adjustment................................. 15 4.3
Adjustment of Subscription Rights. 4.1 If and whenever at any time after the date hereof and prior to the Expiry Time there shall be a Company Reorganization, the Holder shall thereafter upon the exercise of the Warrants be entitled to receive, and shall accept, in lieu of the number of Common Shares to which the Holder was entitled to upon such exercise, the kind and amount of shares, other securities or property which the Holder would have been entitled to receive as a result of such Company Reorganization if the Holder had been the registered holder of the number of Common Shares on the record date or effective date thereof, as the case may be, to which the Holder was entitled to upon exercise of the Warrants. If necessary, appropriate adjustments shall be made in the application of the provisions set out herein with respect to the rights and interests of the Holder after the consummation of the Company Reorganization to the end that the provisions set out herein shall thereafter correspondingly be made applicable as nearly as may reasonably be possible in relation to any shares or other securities or property thereafter deliverable upon the exercise of the Warrants represented hereby.
Adjustment of Subscription Rights. (a) If at any time after the date hereof and prior to the Time of Expiry there shall be a reclassification of the Common Shares outstanding at any time or change of the Common Shares into other shares or securities, or any other capital reorganization except as described in Section 4.2, or a consolidation, amalgamation or merger of the Corporation with or into any other corporation (other than a consolidation, amalgamation or merger which does not result in any reclassification of the outstanding Common Shares or a change of the Common Shares into other shares or securities), or a transfer of the undertaking or assets of the Corporation as an entirety or substantially as an entirety to another corporation or other entity (any of such events being called a "Capital Reorganization"), the holder of the Warrants who thereafter shall exercise his right to purchase Shares thereunder shall be entitled to receive, and shall accept for the same aggregate consideration, in lieu of the number of Shares to which he was theretofore entitled upon such exercise, the kind and amount of shares or other securities or property which such holder would have been entitled to receive as a result of such Capital Reorganization if, on the effective date thereof, he had been the registered holder of the Common Shares to which he was theretofore entitled upon such exercise. If determined appropriate by the Trustee, appropriate adjustments shall be made as a result of any such Capital Reorganization in the application of the provisions set forth in this Article 4 with respect to the rights and interests thereafter of Warrantholders to the end that the provisions set forth in this Article 4 shall thereafter correspondingly be made applicable as nearly as may reasonably be in relation to any shares, other securities or any other property thereafter deliverable upon the exercise of any Warrant. Any such adjustments shall be made by and set forth in an indenture supplemental hereto approved by the Directors and the Trustee and shall for all purposes be conclusively deemed to be an appropriate adjustment (subject to the prior written consent of the CDNX, if applicable).
