Common use of Recapitalizations; Stock Splits Clause in Contracts

Recapitalizations; Stock Splits. If at any time or from time-to-time, Company shall (i) effect a recapitalization of the Common Shares; (ii) issue Common Shares as a dividend or other distribution on outstanding Common Shares; (iii) subdivide the outstanding Common Shares into a greater number of Common Shares; (iv) consolidate the outstanding Common Shares into a smaller number of Common Shares; or (v) effect any similar transaction or action not otherwise causing adjustment to the Conversion Ratio (each, a “Recapitalization”), provision shall be made so that the Class A Convertible Securities Holders shall thereafter be entitled to receive, upon conversion of Class A Convertible Securities, the number of Common Shares or other securities or property of the Company or otherwise, to which a holder of Common 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 27.5 with respect to the rights of the Class A Convertible Securities Holders after the Recapitalization to the end that the provisions of this Section 27.5 (including adjustment of the Conversion Ratio then in effect and the number of Common Shares acquirable upon conversion of Class A Common Shares) shall be applicable after that event as nearly equivalent as may be practicable.

Recapitalizations; Stock Splits. If at any time or from time-to-time, Company Corporation shall (i) effect a recapitalization of the Common Shares; (ii) issue Common Shares as a dividend or other distribution on outstanding Common Shares; (iii) subdivide the outstanding Common Shares into a greater number of Common Shares; (iv) consolidate the outstanding Common Shares into a smaller number of Common Shares; or (v) effect any similar transaction or action that does not otherwise causing itself also require adjustment to the Conversion Ratio (each, a “Recapitalization”), provision shall be made so that the Class A Convertible Securities Holders Shareholders shall thereafter be entitled to receive, upon conversion of Class A Convertible SecuritiesCommon Shares, the number of Common Shares or other securities or property of the Company Corporation or otherwise, to which a holder of Common Shares deliverable upon conversion would have been entitled on such Recapitalization. In After any such caseRecapitalization, appropriate adjustment shall be made in the application of the provisions of this Section 27.5 with respect to the rights of the Class A Convertible Securities Holders after the Recapitalization to the end that the provisions of this Section 27.5 6 (including adjustment of the Conversion Ratio then in effect and the number of Common Shares acquirable upon conversion of Class A Common Shares) shall be applicable after applied in a manner such that event the rights of the Class A Shareholders are as nearly equivalent as may be practicablepracticable to such rights prior to such Recapitalization.

Recapitalizations; Stock Splits. If at any time or from time-to-time, Company the Corporation shall (i) effect a recapitalization of the Common Shares; (ii) issue Common Shares as a dividend or other distribution on outstanding Common Shares; (iii) subdivide the outstanding Common Shares into a greater number of Common Shares; (iv) consolidate the outstanding Common Shares into a smaller number of Common Shares; or (v) effect any similar transaction or action not otherwise causing adjustment to the Conversion Ratio (each, a “Recapitalization”), provision shall be made so that the Class A Convertible Securities Preferred Holders shall thereafter be entitled to receive, upon conversion of Class Series A Convertible SecuritiesPreferred Shares, the number of Common Shares or other securities or property of the Company Corporation or otherwise, to which a holder of Common 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 27.5 5 with respect to the rights of the Class A Convertible Securities Preferred Holders after the Recapitalization to the end that the provisions of this Section 27.5 5 (including adjustment of the Conversion Ratio then in effect and the number of Common Shares acquirable purchasable upon conversion of Class Series A Common Preferred Shares) shall be applicable after that event as nearly equivalent as may be practicable.