Consolidation, Subdivision or Reclassification Sample Clauses

Consolidation, Subdivision or Reclassification. If and whenever there shall be an alteration to the nominal value of the Shares as a result of consolidation, subdivision or reclassification, the Conversion Price shall be adjusted by multiplying the Conversion Price in force immediately before such alteration by the following fraction:
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Consolidation, Subdivision or Reclassification. (i) If and whenever the Company will issue any Shares as a dividend, including as a Scrip Dividend, or distribution on the Shares, or if the Company shall effect a share split or share combination, each of the Conversion Share Price and the Floor Share Price will be adjusted by multiplying each of the Conversion Share Price and the Floor Share Price in force immediately before such alteration by the following fraction: A where: A is the number of Shares outstanding immediately prior to the open of business on the applicable dividend date or effective date; and B is the number of Shares outstanding immediately after the open of business on the applicable ex-dividend date or effective date; and Such adjustment will become effective immediately after the open of business on the applicable ex-dividend date or effective date.
Consolidation, Subdivision or Reclassification. If and whenever there shall be an alteration to the nominal value of the Shares as a result of consolidation, subdivision or reclassification, the Exercise Price shall be adjusted by multiplying the Exercise Price in force immediately before such alteration by the following fraction:
Consolidation, Subdivision or Reclassification. If and whenever there shall be an alteration to the nominal value of the Ordinary Shares as a result of consolidation, subdivision or reclassification, the Conversion Rate shall be adjusted by multiplying the Conversion Rate in force immediately prior to such alteration by the following fraction: where: A is the nominal amount of one Ordinary Share immediately after such alteration; and B is the nominal amount of one Ordinary Share immediately before such alteration. Such adjustment shall become effective on the date the alteration takes effect.
Consolidation, Subdivision or Reclassification. If and whenever there shall be an alteration to the share capital of the Company as a result of consolidation, subdivision or reclassification, the Conversion Price shall be adjusted by multiplying the Conversion Price in force immediately prior to such alteration by the following fraction: - where: A is the number of issued Shares immediately before such alteration; and B is the number of issued Shares immediately after such alteration. Such adjustment shall become effective on the date the alteration takes effect.
Consolidation, Subdivision or Reclassification. If and whenever there shall be an alteration to the nominal value of the Shares as a result of consolidation, subdivision or reclassification, the Conversion Price shall be adjusted by multiplying the Conversion Price in force immediately before such alteration by the following fraction: where: A is the nominal value of one Share immediately after such alteration; and B is the nominal value of one Share immediately before such alteration. Such adjustment shall become effective on the date the alteration takes effect or, in the case of an alteration to the nominal value of the Shares as a result of consolidation, if a record date is fixed therefor immediately after such record date. Any such adjustment shall be subject to any subsequent adjustment pursuant to these Conditions.

Related to Consolidation, Subdivision or Reclassification

  • Reclassification If any reclassification of the capital stock of the Company shall be effected in such a way that holders of Common Stock shall be entitled to receive stock, securities, or other assets or property, then, as a condition of such reclassification, lawful and adequate provisions shall be made whereby the Holder hereof shall thereafter have the right to purchase and receive (in lieu of the shares of the Common Stock immediately theretofore purchasable and receivable upon the exercise of the rights represented hereby) such shares of stock, securities or other assets or property as may be issued or payable with respect to or in exchange for a number of outstanding shares of such Common Stock equal to the number of shares of such Common Stock immediately theretofore purchasable and receivable upon the exercise of the rights represented hereby. In any reclassification described above, appropriate provision shall be made with respect to the rights and interests of the Holder of this Warrant to the end that the provisions hereof (including, without limitation, provisions for adjustments of the Exercise Price and of the number of shares purchasable and receivable upon the exercise of this Warrant) shall thereafter be applicable, as nearly as may be, in relation to any shares of stock, securities or assets thereafter deliverable upon the exercise hereof.

  • Reclassification, Reorganization and Consolidation In case of any reclassification, capital reorganization, or change in the capital stock of the Company (other than as a result of a subdivision, combination, or stock dividend provided for in Section 7(a) above), then the Company shall make appropriate provision so that the holder of this Warrant shall have the right at any time prior to the expiration of this Warrant to purchase, at a total price equal to that payable upon the exercise of this Warrant, the kind and amount of shares of stock and other securities and property receivable in connection with such reclassification, reorganization, or change by a holder of the same number of Shares as were purchasable by the holder of this Warrant immediately prior to such reclassification, reorganization, or change. In any such case appropriate provisions shall be made with respect to the rights and interest of the holder of this Warrant so that the provisions hereof, including Sections 7(a), shall thereafter be applicable with respect to any shares of stock or other securities and property deliverable upon exercise hereof, and appropriate adjustments shall be made to the purchase price per share payable hereunder, provided the aggregate purchase price shall remain the same.

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