Adjustments to the Exchange Ratio. The Exchange Ratio shall be adjusted to reflect fully the effect of any stock split, reverse split, stock dividend (including any dividend or distribution of securities convertible into First Majestic Shares, other than stock dividends paid in lieu of ordinary course dividends), consolidation, reorganization, recapitalization or other like change with respect to First Majestic Shares occurring after the date of the Arrangement Agreement and prior to the Effective Time.
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Samples: Arrangement Agreement (First Majestic Silver Corp), Arrangement Agreement (Silvermex Resources Inc), Arrangement Agreement (Silvermex Resources Inc)
Adjustments to the Exchange Ratio. The Exchange Ratio shall be adjusted to reflect fully the effect of any stock share split, reverse share split, stock dividend (including any dividend or distribution of securities convertible into First Majestic Shares, AQY Shares or Shares of the Company other than stock dividends paid in lieu of ordinary course dividends), consolidation, reorganization, recapitalization or other like change with respect to First Majestic AQY Shares or Shares of the Company occurring after the date of the Arrangement Agreement and prior to the Effective Time.
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