Common use of Consolidation, Subdivision or Reclassification Clause in Contracts

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:

Appears in 3 contracts

Samples: Agency Agreement, Subscription Agreement, Subscription Agreement

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Consolidation, Subdivision or Reclassification. If and whenever there shall be an alteration to the nominal value of the Company Shares as a result of consolidation, subdivision or reclassificationre-classification, the Conversion Exchange Price shall be adjusted by multiplying the Conversion Exchange Price in force immediately before such alteration by the following fraction: where:

Appears in 1 contract

Samples: Amendment Agreement (InFinT Acquisition Corp)

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:

Appears in 1 contract

Samples: Agreement (China Architectural Engineering, Inc.)

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:: A

Appears in 1 contract

Samples: Agreement (China Architectural Engineering, Inc.)

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:: A where: A is the nominal amount of one Share immediately after such alteration; and B is the nominal amount of one Share immediately before such alteration. Such adjustment shall become effective on the date the alteration takes effect.

Appears in 1 contract

Samples: Subscription Agreement

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 consolidation or reclassificationsubdivision, the Conversion Price shall be adjusted by multiplying the Conversion Price in force immediately before prior to such alteration by the following fraction:

Appears in 1 contract

Samples: Subscription Agreement

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Consolidation, Subdivision or Reclassification. If and whenever there shall will be an alteration to the nominal value of the Shares as a result of consolidation, subdivision or reclassification, each of the Conversion Share Price shall and the NBV Price will be adjusted by multiplying each of the Conversion Share Price and the NBV Price in force immediately before such alteration by the following fraction: where:

Appears in 1 contract

Samples: Convertible Note Purchase Agreement (iClick Interactive Asia Group LTD)

Consolidation, Subdivision or Reclassification. If and whenever there shall be an alteration to the nominal value of the Company Shares as a result of consolidation, subdivision or reclassificationre-classification, the Conversion Price shall be adjusted by multiplying the Conversion Price in force immediately before such alteration by the following fraction: where:

Appears in 1 contract

Samples: Amendment Agreement (InFinT Acquisition Corp)

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 Fixed Conversion Price shall be adjusted by multiplying the Fixed Conversion Price in force immediately before such alteration by the following fraction: Where:

Appears in 1 contract

Samples: Subscription Agreement (China Unicom LTD)

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