Common use of Adjustments for Share Splits and Combinations and Share Dividends Clause in Contracts

Adjustments for Share Splits and Combinations and Share Dividends. If the Company shall at any time or from time to time after the date hereof, effect a share split or combination of the outstanding Ordinary Shares or pay a share dividend in Ordinary Shares, then the Exercise Price shall be proportionately adjusted. Any adjustments under this Section 9(a) shall be effective at the close of business on the date the share split or combination becomes effective or the date of payment of the share dividend, as applicable.

Appears in 3 contracts

Samples: Warrant Agreement (Taoping Inc.), Warrant Agreement (Taoping Inc.), Warrant Agreement (Taoping Inc.)

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Adjustments for Share Splits and Combinations and Share Dividends. If the Company shall at any time or from time to time after the date hereof, effect a share split or combination of the outstanding Ordinary Common Shares or pay a share dividend in Ordinary Common Shares, then the Exercise Price shall be proportionately adjusted. Any adjustments under this Section 9(a) shall be effective at the close of business on the date the share split or combination becomes effective or the date of payment of the share dividend, as applicable.

Appears in 1 contract

Samples: Common Shares Purchase Warrant (RoyaLand Co Ltd.)

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