Recapitalizations; Stock Splits. If at any time or from time-to-time, the Corporation shall (i) effect a recapitalization of the Multiple Voting Shares; (ii) issue Multiple Voting Shares as a dividend or other distribution on outstanding Multiple Voting Shares; (iii) subdivide the outstanding Multiple Voting Shares into a greater number of Multiple Voting Shares; (iv) consolidate the outstanding Multiple Voting Shares into a smaller number of Multiple Voting Shares; or (v) effect any similar transaction or action (each, a “Recapitalization”), provision shall be made so that the holders of Super Voting Shares shall thereafter be entitled to receive, upon conversion of Super Voting Shares, the number of Multiple Voting Shares or other securities or property of the Corporation or otherwise, to which a holder of Multiple Voting Shares deliverable upon conversion would have been entitled on such Recapitalization. In any such case, appropriate adjustment shall be made in the application of the provisions of this Section (g) with respect to the rights of the holders of Super Voting Shares after the Recapitalization to the end that the provisions of this Section (g) (including adjustment of the Conversion Ratio then in effect and the number of Multiple Voting Shares issuable upon conversion of Super Voting Shares) shall be applicable after that event as nearly equivalent as may be practicable.
Appears in 2 contracts
Samples: Merger Agreement (Trulieve Cannabis Corp.), Merger Agreement
Recapitalizations; Stock Splits. If at any time or from time-to-time, the Corporation shall (i) effect a recapitalization of the Multiple Subordinate Voting Shares; (ii) issue Multiple Subordinate Voting Shares as a dividend or other distribution on outstanding Multiple Subordinate Voting Shares; (iii) subdivide the outstanding Multiple Subordinate Voting Shares into a greater number of Multiple Subordinate Voting Shares; (iv) consolidate the outstanding Multiple Subordinate Voting Shares into a smaller number of Multiple Subordinate Voting Shares; or (v) effect any similar transaction or action (each, a “Recapitalization”), provision shall be made so that the holders of Super Multiple Voting Shares shall thereafter be entitled to receive, upon conversion of Super Multiple Voting Shares, the number of Multiple Subordinate Voting Shares or other securities or property of the Corporation or otherwise, to which a holder of Multiple Subordinate Voting Shares deliverable upon conversion would have been entitled on such Recapitalization. In any such case, appropriate adjustment shall be made in the application of the provisions of this Section (g) with respect to the rights of the holders of Super Multiple Voting Shares after the Recapitalization to the end that the provisions of this Section (g) (including adjustment of the Conversion Ratio then in effect and the number of Multiple Voting Shares issuable upon conversion of Super Multiple Voting Shares) shall be applicable after that event as nearly equivalent as may be practicable.
Appears in 2 contracts
Samples: Merger Agreement (Trulieve Cannabis Corp.), Merger Agreement
Recapitalizations; Stock Splits. If at any time or from time-to-time, the Corporation Company shall (i) effect a recapitalization of the Multiple Subordinate Voting Shares; (ii) issue Multiple Subordinate Voting Shares as a dividend or other distribution on outstanding Multiple Subordinate Voting Shares; (iii) subdivide the outstanding Multiple Subordinate Voting Shares into a greater number of Multiple Subordinate Voting Shares; (iv) consolidate the outstanding Multiple Subordinate Voting Shares into a smaller number of Multiple Subordinate Voting Shares; or (v) effect any similar transaction or action (each, a “"Recapitalization”"), provision shall be made so that the holders of Super Multiple Voting Shares shall thereafter be entitled to receive, upon conversion of Super Multiple Voting Shares, the number of Multiple Subordinate Voting Shares or other securities or property of the Corporation Company or otherwise, to which a holder of Multiple Subordinate Voting Shares deliverable upon conversion would have been entitled on such Recapitalization. In any such case, appropriate adjustment shall be made in the application of the provisions of this Section (g25.1(f) with respect to the rights of the holders of Super Multiple Voting Shares after the Recapitalization to the end that the provisions of this Section (g25.1(f) (including adjustment of the Conversion Ratio then in effect and the number of Multiple Voting Shares issuable upon conversion of Super Multiple Voting Shares) shall be applicable after that event as nearly equivalent as may be practicable.
Appears in 1 contract
Samples: Business Combination Agreement
Recapitalizations; Stock Splits. If at any time or from time-to-time, the Corporation shall Company shall
(i) effect a recapitalization of the Multiple Voting Shares; (ii) issue Multiple Voting Shares as a dividend or other distribution on outstanding Multiple Voting Shares; (iii) subdivide the outstanding Multiple Voting Shares into a greater number of Multiple Voting Shares; (iv) consolidate the outstanding Multiple Voting Shares into a smaller number of Multiple Voting Shares; or (v) effect any similar transaction or action (each, a “Recapitalization”), provision shall be made so that the holders of Super Voting Shares shall thereafter be entitled to receive, upon conversion of Super Voting Shares, the number of Multiple Voting Shares or other securities or property of the Corporation Company or otherwise, to which a holder of Multiple Voting Shares deliverable upon conversion would have been entitled on such Recapitalization. In any such case, appropriate adjustment shall be made in the application of the provisions of this Section (g) with respect to the rights of the holders of Super Voting Shares after the Recapitalization to the end that the provisions of this Section (g) (including adjustment of the Conversion Ratio then in effect and the number of Multiple Voting Shares issuable upon conversion of Super Voting Shares) shall be applicable after that event as nearly equivalent as may be practicable.
Appears in 1 contract
Samples: Business Combination Agreement
Recapitalizations; Stock Splits. If at any time or from time-to-time, the Corporation Company shall (i) effect a recapitalization of the Multiple Subordinate Voting Shares; (ii) issue Multiple Subordinate Voting Shares as a dividend or other distribution on outstanding Multiple Subordinate Voting Shares; (iii) subdivide the outstanding Multiple Subordinate Voting Shares into a greater number of Multiple Subordinate Voting Shares; (iv) consolidate the outstanding Multiple Subordinate Voting Shares into a smaller number of Multiple Subordinate Voting Shares; or (v) effect any similar transaction or action (each, a “Recapitalization”), provision shall be made so that the holders of Super Multiple Voting Shares shall thereafter be entitled to receive, upon conversion of Super Multiple Voting Shares, the number of Multiple Subordinate Voting Shares or other securities or property of the Corporation Company or otherwise, to which a holder of Multiple Subordinate Voting Shares deliverable upon conversion would have been entitled on such Recapitalization. In any such case, appropriate adjustment shall be made in the application of the provisions of this Section (g) 26.7 with respect to the rights of the holders of Super Multiple Voting Shares after the Recapitalization to the end that the provisions of this Section (g) 26.7 (including adjustment of the Conversion Ratio then in effect and the number of Multiple Voting Shares issuable upon conversion of Super Multiple Voting Shares) shall be applicable after that event as nearly equivalent as may be practicable.
Appears in 1 contract
Recapitalizations; Stock Splits. If at any time or from time-to-time, the Corporation shall Company shall
(i) effect a recapitalization of the Multiple Subordinate Voting Shares; (ii) issue Multiple Subordinate Voting Shares as a dividend or other distribution on outstanding Multiple Subordinate Voting Shares; (iii) subdivide the outstanding Multiple Subordinate Voting Shares into a greater number of Multiple Subordinate Voting Shares; (iv) consolidate the outstanding Multiple Subordinate Voting Shares into a smaller number of Multiple Subordinate Voting Shares; or (v) effect any similar transaction or action (each, a “Recapitalization”), provision shall be made so that the holders of Super Multiple Voting Shares shall thereafter be entitled to receive, upon conversion of Super Multiple Voting Shares, the number of Multiple Subordinate Voting Shares or other securities or property of the Corporation Company or otherwise, to which a holder of Multiple Subordinate Voting Shares deliverable upon conversion would have been entitled on such Recapitalization. In any such case, appropriate adjustment shall be made in the application of the provisions of this Section (gf) with respect to the rights of the holders of Super Multiple Voting Shares after the Recapitalization to the end that the provisions of this Section (gf) (including adjustment of the Conversion Ratio then in effect and the number of Multiple Voting Shares issuable upon conversion of Super Multiple Voting Shares) shall be applicable after that event as nearly equivalent as may be practicable.
Appears in 1 contract
Samples: Business Combination Agreement
Recapitalizations; Stock Splits. If at any time or from time-to-time, the Corporation Company shall (i) effect a recapitalization of the Multiple Subordinate Voting Shares; (ii) issue Multiple Subordinate Voting Shares as a dividend or other distribution on outstanding Multiple Subordinate Voting Shares; (iii) subdivide the outstanding Multiple Subordinate Voting Shares into a greater number of Multiple Subordinate Voting Shares; (iv) consolidate the outstanding Multiple Subordinate Voting Shares into a smaller number of Multiple Subordinate Voting Shares; or (v) effect any similar transaction or action (each, a “Recapitalization”), provision shall be made so that the holders of Super Multiple Voting Shares shall thereafter be entitled to receive, upon conversion of Super Multiple Voting Shares, the number of Multiple Subordinate Voting Shares or other securities or property of the Corporation Company or otherwise, to which a holder of Multiple Subordinate Voting Shares deliverable upon conversion would have been entitled on such Recapitalization. In any such case, appropriate adjustment shall be made in the application of the provisions of this Section (gf) with respect to the rights of the holders of Super Multiple Voting Shares after the Recapitalization to the end that the provisions of this Section (gf) (including adjustment of the Conversion Ratio then in effect and the number of Multiple Voting Shares issuable upon conversion of Super Multiple Voting Shares) shall be applicable after that event as nearly equivalent as may be practicable.
Appears in 1 contract
Samples: Business Combination Agreement (Vireo Health International, Inc.)
Recapitalizations; Stock Splits. If at any time or from time-to-time, the Corporation Company shall (i) effect a recapitalization of the Multiple Subordinate Voting Shares; (ii) issue Multiple Subordinate Voting Shares as a dividend or other distribution on outstanding Multiple Subordinate Voting Shares; (iii) subdivide the outstanding Multiple Subordinate Voting Shares into a greater number of Multiple Subordinate Voting Shares; (iv) consolidate the outstanding Multiple Subordinate Voting Shares into a smaller number of Multiple Subordinate Voting Shares; or (v) effect any similar transaction or action (each, a “Recapitalization”), provision shall be made so that the holders of Super Multiple Voting Shares shall thereafter be entitled to receive, upon conversion of Super Multiple Voting Shares, the number of Multiple Subordinate Voting Shares or other securities or property of the Corporation Company or otherwise, to which a holder of Multiple Subordinate Voting Shares deliverable upon conversion would have been entitled on such Recapitalization. In any such case, appropriate adjustment shall be made in the application of the provisions of this Section (g2(h) with respect to the rights of the holders of Super Multiple Voting Shares after the Recapitalization to the end that the provisions of this Section (g2(h) (including adjustment of the Conversion Ratio then in effect and the number of Multiple Voting Shares issuable upon conversion of Super Multiple Voting Shares) shall be applicable after that event as nearly equivalent as may be practicable.
Appears in 1 contract
Samples: Merger Agreement
Recapitalizations; Stock Splits. If at any time or from time-to-time, the Corporation Company shall (i) effect a recapitalization of the Multiple Voting Shares; (ii) issue Multiple Voting Shares as a dividend or other distribution on outstanding Multiple Voting Shares; (iii) subdivide the outstanding Multiple Voting Shares into a greater number of Multiple Voting Shares; (iv) consolidate the outstanding Multiple Voting Shares into a smaller number of Multiple Voting Shares; or (v) effect any similar transaction or action (each, a “Recapitalization”), provision shall be made so that the holders of Super Voting Shares shall thereafter be entitled to receive, upon conversion of Super Voting Shares, the number of Multiple Voting Shares or other securities or property of the Corporation Company or otherwise, to which a holder of Multiple Voting Shares deliverable upon conversion would have been entitled on such Recapitalization. In any such case, appropriate adjustment shall be made in the application of the provisions of this Section (g) with respect to the rights of the holders of Super Voting Shares after the Recapitalization to the end that the provisions of this Section (g) (including adjustment of the Conversion Ratio then in effect and the number of Multiple Voting Shares issuable upon conversion of Super Voting Shares) shall be applicable after that event as nearly equivalent as may be practicable.
Appears in 1 contract
Samples: Business Combination Agreement (Vireo Health International, Inc.)