Adjustments for Subdivision or Combination Clause Samples
Adjustments for Subdivision or Combination. If the Company shall at any time while this Note is outstanding: (i) subdivide the outstanding Shares into a larger number of Shares (either by a split of the Shares or by distributions to members of the Company payable in additional Shares) or (ii) combine (including by way of reverse Share split) outstanding Shares into a smaller number of Shares, then the Conversion Price shall be multiplied by a fraction of which the numerator shall be the number of Shares outstanding immediately before such event and of which the denominator shall be the number of Shares outstanding immediately after such event. Any adjustment made pursuant to this Section 3.3 shall become effective immediately after the effective date in the case of a subdivision or combination.
Adjustments for Subdivision or Combination. If TW UK at any time or from time to time subdivides (by any share split, share dividend, recapitalization or otherwise) its outstanding Ordinary Shares into a greater number of Ordinary Shares or consolidates its outstanding shares into a lesser number of Ordinary Shares, immediately after the occurrence of such subdivision or consolidation, the number of Ordinary Shares for which the Warrants are exercisable shall be the number of Ordinary Shares which a record holder of the same number of Ordinary Shares for which the Warrants are exercisable immediately prior to such event would own or be entitled to receive in respect of such shares upon the happening of such event. In the event an adjustment is made to the number of Ordinary Shares for which the Warrants are exercisable, the Warrant Exercise Price shall be adjusted by multiplying (i) the current Warrant Exercise Price by (ii) a fraction where the numerator is (y) the number of Ordinary Shares for which the Warrants were exercisable immediately prior to such adjustment and the denominator is (z) the number of Ordinary Shares for which the Warrants were exercisable immediately following such adjustment.
Adjustments for Subdivision or Combination. If the Company at any ------------------------------------------ time or from time to time subdivides (by any stock split, stock dividend, recapitalization or otherwise) its outstanding shares of Common Stock or Preferred Stock into a greater number of shares or combines (by reverse stock split or otherwise) its outstanding shares of Common Stock or Preferred Stock into a lesser number of shares, immediately after the occurrence of such subdivision or combination, the number of shares of Common Stock or Preferred Stock, as applicable, for which this Warrant is exercisable shall be the number of shares of Common Stock or Preferred Stock, as applicable, which a record holder of the same number of shares of Common Stock or Preferred Stock, as applicable, for which this Warrant is exercisable immediately prior to such event would own or be entitled to receive in respect of such shares upon the happening of such event. In the event an adjustment is made to the number of shares of Common Stock or Preferred Stock for which this Warrant is exercisable, (a) the Common Stock Exercise Price or the Preferred Stock Exercise Price, as applicable, and, (b) in the case of an adjustment to the number of shares of Common Stock for which this Warrant is exercisable, the Dividend Cap, shall be adjusted by multiplying (i) each of the current Common Stock Exercise Price, Preferred Exercise Price or Dividend Cap, as applicable, by (ii) a fraction where the numerator is (y) the number of shares of Common Stock or Preferred Stock, as applicable, for which this Warrant was exercisable immediately prior to such adjustment over (z) the number of shares of Common Stock or Preferred Stock, as applicable, for which this Warrant was exercisable immediately following such adjustment.