Common use of Ordinary Shares Clause in Contracts

Ordinary Shares. For all purposes of this Warrant Certificate, the term "Ordinary Shares" shall mean (i) the class of stock designated as the Ordinary Shares of the Company on October 31, 1996 or (ii) any other class of stock resulting from successive changes or reclassifications of such shares consisting solely of changes in par value, or from par value to no par value, or from no par value to par value. In the event that at any time, as a result of an adjustment made pursuant to Section 5(a), the Warrant Holder shall become entitled to purchase any securities of the Company other than Ordinary Shares, thereafter the number of such other shares so purchasable upon exercise of each Warrant evidenced hereby and the Purchase Price of such shares shall be subject to adjustment from time to time in a manner and on terms as nearly equivalent as practicable to the provisions with respect to the Ordinary Shares contained in Sections 5(a) through 5(i) herein, inclusive, this Section 5(j) and the provisions of Section 2 and Sections 5(m) and 5(n) herein, with respect to the Ordinary Shares, shall apply on like terms to any such other securities.

Appears in 4 contracts

Samples: Securities Agreement (Warner Chilcott PLC), Securities Agreement (Warner Chilcott PLC), Securities Agreement (Warner Chilcott PLC)

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Ordinary Shares. For all purposes of this Warrant Certificate, the term "Ordinary Shares" shall mean (i) the class of stock designated as the Ordinary Shares of the Company on October 31February 3, 1996 1998 or (ii) any other class of stock resulting from successive changes or reclassifications of such shares consisting solely of changes in par value, or from par value to no par value, or from no par value to par value. In the event that at any time, as a result of an adjustment made pursuant to Section 5(a), the Warrant Holder shall become entitled to purchase pur- chase any securities of the Company other than Ordinary Shares, thereafter the number of such other shares so purchasable upon exercise of each Warrant evidenced hereby and the Purchase Price of such shares shall be subject to adjustment from time to time in a manner and on terms as nearly equivalent as practicable to the provisions with respect to the Ordinary Shares contained in Sections 5(a) through 5(i) herein, inclusive, this Section 5(j) and the provisions of Section 2 and Sections 5(m) and 5(n) herein, with respect to the Ordinary Shares, shall apply on like terms to any such other securities.

Appears in 1 contract

Samples: Securities Agreement (Warner Chilcott PLC)

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