Common use of Adjustment to Share Amounts Clause in Contracts

Adjustment to Share Amounts. If at any time the number of outstanding Founder Shares is increased or decreased by a consolidation, combination, subdivision or reclassification of the Common Stock of the Company or other similar event (other than the conversion of Founder Shares to shares of Class A common stock in accordance with the Company’s Charter), then, as of the effective date of such consolidation, combination, subdivision, reclassification or similar event, all share numbers referenced in this Agreement shall be adjusted in proportion to such increase or decrease in the Common Stock.

Appears in 5 contracts

Samples: Non Redemption Agreement and Assignment of Economic Interest (Maquia Capital Acquisition Corp), Non Redemption Agreement and Assignment of Economic Interest (Maquia Capital Acquisition Corp), Non Redemption Agreement and Assignment of Economic Interest (BurTech Acquisition Corp.)

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Adjustment to Share Amounts. If at any time the number of outstanding Founder Shares is increased or decreased by a consolidation, combination, subdivision or reclassification of the Common Stock of the Company or other similar event (other than the conversion of Founder Shares to shares of Class A common stock in accordance with the Company’s Charter)event, then, as of the effective date of such consolidation, combination, subdivision, reclassification or similar event, all share numbers referenced in this Agreement shall be adjusted in proportion to such increase or decrease in the Common Stock.

Appears in 3 contracts

Samples: Non Redemption Agreement and Assignment of Economic Interest (Inception Growth Acquisition LTD), Non Redemption Agreement and Assignment of Economic Interest (Inception Growth Acquisition LTD), Non Redemption Agreement and Assignment of Economic Interest (Inception Growth Acquisition LTD)

Adjustment to Share Amounts. If at any time the number of outstanding Founder Shares is increased or decreased by a consolidation, combination, subdivision split or reclassification of the Common Stock of the Company Founder Shares or other similar event (other than the conversion of Founder Shares to shares of Class A common stock in accordance with the Company’s Charter)event, then, as of the effective date of such consolidation, combination, subdivisionsplit, reclassification or similar event, all share numbers referenced in this Agreement shall be adjusted in proportion to such increase or decrease in the Common StockFounder Shares.

Appears in 3 contracts

Samples: Non Redemption Agreement (Compass Digital Acquisition Corp.), Non Redemption Agreement and Assignment of Economic Interest (Battery Future Acquisition Corp.), Non Redemption Agreement and Assignment of Economic Interest (Compass Digital Acquisition Corp.)

Adjustment to Share Amounts. If at any time the number of outstanding Founder Shares is increased or decreased by a consolidation, combination, subdivision or reclassification of the Common Stock of the Company Shares or other similar event (other than the conversion of Founder Shares to shares of Class A common stock in accordance with the Company’s Charter)event, then, as of the effective date of such consolidation, combination, subdivision, reclassification or similar event, all share numbers referenced in this Agreement shall be adjusted in proportion to such increase or decrease in the Common StockShares.

Appears in 3 contracts

Samples: Non Redemption Agreement and Assignment of Economic Interest (LAMF Global Ventures Corp. I), Non Redemption Agreement and Assignment of Economic Interest (Banyan Acquisition Corp), Non Redemption Agreement and Assignment of Economic Interest (Banyan Acquisition Corp)

Adjustment to Share Amounts. If at any time the number of outstanding Founder Shares is increased or decreased by a consolidation, combination, subdivision or reclassification of the Common Stock of the Company or other similar event (other than the conversion of Founder Shares to shares of Class A common stock in accordance with the Company’s Charter)event, then, as of the effective date of such consolidation, combination, subdivision, reclassification or similar event, all share numbers referenced in this Agreement shall be adjusted in proportion to such increase or decrease in the Common StockStock of the Company.

Appears in 2 contracts

Samples: Non Redemption Agreement and Assignment of Economic Interest (KnightSwan Acquisition Corp), Non Redemption Agreement (KnightSwan Acquisition Corp)

Adjustment to Share Amounts. If at any time the number of outstanding Founder Shares is increased or decreased by a consolidation, combination, subdivision or reclassification of the shares of Common Stock of the Company or other similar event (other than the conversion of Founder Shares to shares of Class A common stock in accordance with the Company’s Charter)event, then, as of the effective date of such consolidation, combination, subdivision, reclassification or similar event, all share numbers referenced in this Agreement shall be adjusted in proportion to such increase or decrease in the shares of Common Stock.

Appears in 2 contracts

Samples: Non Redemption Agreement and Assignment of Economic Interest (Hennessy Capital Investment Corp. VI), Non Redemption Agreement and Assignment of Economic Interest (Hennessy Capital Investment Corp. VI)

Adjustment to Share Amounts. If at any time the number of outstanding Founder Shares is increased or decreased by a consolidation, combination, subdivision split or reclassification of the Common Stock common stock of the Company OLIT or other similar event (other than the conversion of Founder Shares to shares of Class A common stock following an Initial Business Combination in accordance with the CompanyOLIT’s Charter), then, as of the effective date of such consolidation, combination, subdivisionsplit, reclassification or similar event, all share numbers referenced in this Agreement shall be adjusted in proportion to such increase or decrease in the Common Stockoutstanding common stock of OLIT.

Appears in 1 contract

Samples: Non Redemption Agreement and Assignment of Economic Interest (OmniLit Acquisition Corp.)

Adjustment to Share Amounts. If at any time the number of outstanding Founder Shares is increased or decreased by a consolidation, combination, subdivision split or reclassification of the Common Stock of the Company Shares or other similar event (other than the conversion of Founder Shares to shares of Class A common stock in accordance with the Company’s Charter)event, then, as of the effective date of such consolidation, combination, subdivisionsplit, reclassification or similar event, all share numbers referenced in this Agreement shall be adjusted in proportion to such increase or decrease in the outstanding Common StockShares.

Appears in 1 contract

Samples: Non Redemption Agreement and Assignment of Economic Interest (Armada Acquisition Corp. I)

Adjustment to Share Amounts. If at any time the number of outstanding Founder Shares is increased or decreased by a consolidation, combination, subdivision or reclassification of the Common Stock of the Company Ordinary Shares or other similar event (other than the conversion of Founder Shares to shares of Class A common stock in accordance with the Company’s Charter)event, then, as of the effective date of such consolidation, combination, subdivision, reclassification or similar event, all share numbers referenced in this Agreement shall be adjusted in proportion to such increase or decrease in the Common StockOrdinary Shares.

Appears in 1 contract

Samples: Non Redemption Agreement and Assignment of Economic Interest (EVe Mobility Acquisition Corp)

Adjustment to Share Amounts. If at any time the number of outstanding Founder Shares is increased or decreased by a consolidation, combination, subdivision split or reclassification of the Common Stock of the Company Shares or other similar event (other than the conversion of Founder Shares to shares of Class A common stock in accordance with the Company’s Charter)event, then, as of the effective date of such consolidation, combination, subdivisionsplit, reclassification or similar event, all share numbers referenced in this Agreement shall be adjusted in proportion to such increase or decrease in the number of Common StockShares.

Appears in 1 contract

Samples: Non Redemption Agreement and Assignment of Economic Interest (Deep Medicine Acquisition Corp.)

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Adjustment to Share Amounts. If at any time the number of outstanding Founder Shares is increased or decreased by a consolidation, combination, subdivision or reclassification of the Common Stock of the Company SPAC or other similar event (other than the conversion of Founder Shares to into shares of Class A common stock in accordance with the Company’s Charter), then, as of the effective date of such consolidation, combination, subdivision, reclassification or similar event, all share numbers referenced in this Agreement shall be adjusted in proportion to such increase or decrease in the Common Stock.

Appears in 1 contract

Samples: Non Redemption Agreement (Home Plate Acquisition Corp)

Adjustment to Share Amounts. If at any time the number of outstanding Founder Shares is increased or decreased by a consolidation, combination, subdivision or reclassification of the Common Stock of the Company XXXX or other similar event (other than the conversion of Founder Shares to into shares of Class A common stock in accordance with the Company’s Charter), then, as of the effective date of such consolidation, combination, subdivision, reclassification or similar event, all share numbers referenced in this Agreement shall be adjusted in proportion to such increase or decrease in the Common Stock.

Appears in 1 contract

Samples: Form of Non Redemption Agreement (Berenson Acquisition Corp. I)

Adjustment to Share Amounts. If at any time the number of outstanding Founder Shares is increased or decreased by a consolidation, combination, subdivision split or reclassification of the Common Stock of the Company Founder Shares or other similar event (other than which, for the avoidance of doubt, shall not include any conversion of Founder Shares to shares of Class A common stock in accordance with the Company’s Charterinto Public Shares), then, as of the effective date of such consolidation, combination, subdivisionsplit, reclassification or similar event, all share numbers referenced in this Agreement shall be adjusted in proportion to such increase or decrease in the Common StockFounder Shares.

Appears in 1 contract

Samples: Non Redemption Agreement and Assignment of Economic Interest (Battery Future Acquisition Corp.)

Adjustment to Share Amounts. If at any time the number of outstanding Founder Shares is increased or decreased by a consolidation, combination, subdivision or reclassification of the Common Stock stock of the Company ACAH or other similar event (other than the conversion of Founder Shares to shares of Class A common stock in accordance with the Company’s Charter)event, then, as of the effective date of such consolidation, combination, subdivision, reclassification or similar event, all share numbers referenced in this Agreement shall be adjusted in proportion to such increase or decrease in the Common Stockstock.

Appears in 1 contract

Samples: Non Redemption Agreement and Assignment of Economic Interest (Atlantic Coastal Acquisition Corp.)

Adjustment to Share Amounts. If at any time the number of outstanding Founder Shares is increased or decreased by a consolidation, combination, subdivision or reclassification of the Common Stock of the Company Ordinary Shares or other similar event (other than the conversion of Founder Shares to shares of Class A common stock ordinary shares following the Initial Business Combination in accordance with the Company’s CharterArticles), then, as of the effective date of such consolidation, combination, subdivision, reclassification or similar event, all share numbers referenced in this Agreement shall be adjusted in proportion to such increase or decrease in the Common Stockoutstanding Founder Shares.

Appears in 1 contract

Samples: Non Redemption Agreement and Assignment of Economic Interest (10X Capital Venture Acquisition Corp. III)

Adjustment to Share Amounts. If at any time the number of outstanding Founder Shares is increased or decreased by a consolidation, combination, subdivision split or reclassification of the Common Stock common stock of the Company BLNG or other similar event (other than the conversion of Founder Shares to shares of Class A common stock following an Initial Business Combination in accordance with the CompanyBLNG’s Charter), then, as of the effective date of such consolidation, combination, subdivisionsplit, reclassification or similar event, all share numbers referenced in this Agreement shall be adjusted in proportion to such increase or decrease in the Common Stockoutstanding common stock of BLNG.

Appears in 1 contract

Samples: Non Redemption Agreement and Assignment of Economic Interest (Belong Acquisition Corp.)

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