Common use of Share Dividends and Share Splits Clause in Contracts

Share Dividends and Share Splits. If the Company, at any time while this Debenture is outstanding: (i) pays a share dividend or otherwise makes a distribution or distributions payable in Common Stock on Common Stock or any Common Stock Equivalents (which, for avoidance of doubt, shall not include any Common Stock issued by the Company upon conversion of, or payment of interest on, the Debentures), (ii) subdivides outstanding Common Stock into a larger number of shares, (iii) combines (including by way of a reverse share split) outstanding Common Stock into a smaller number of shares or (iv) issues, in the event of a reclassification of shares of Common Stock or any capital shares of the Company, then the Conversion Price shall be multiplied by a fraction of which the numerator shall be the number of shares of Common Stock (excluding any treasury shares of the Company) outstanding immediately before such event, and of which the denominator shall be the number of shares of Common Stock outstanding immediately after such event. Any adjustment made pursuant to this Section shall become effective immediately after the record date for the determination of shareholders entitled to receive such dividend or distribution and shall become effective immediately after the effective date in the case of a subdivision, combination or re-classification.

Share Dividends and Share Splits. If the Company, at any time while this Debenture is outstanding: (i) pays a share dividend or otherwise makes a distribution or distributions payable in Common Stock on Common Stock Shares or any Common Stock Share Equivalents (which, for avoidance of doubt, shall not include any Common Stock Shares issued by the Company upon conversion of, or payment of interest on, the Debentures), (ii) subdivides outstanding Common Stock Shares into a larger number of shares, (iii) combines (including by way of a reverse share split) outstanding Common Stock Shares into a smaller number of shares or (iv) issues, in the event of a reclassification of Common Shares, any shares of Common Stock or any capital shares of the Company, then the Conversion Price shall be multiplied adjusted by a fraction of which multiplying the numerator shall be existing Conversion Price by the quotient obtained by dividing: (I) the issued number of shares of Common Stock Shares (excluding any treasury shares of the Company) outstanding immediately before such event, and of which the denominator shall be by (II) the number of Common Shares (excluding any treasury shares of Common Stock the Company) outstanding immediately after such event. Any adjustment made pursuant to this Section shall become effective immediately after the record date for the determination of shareholders entitled to receive such dividend or distribution and shall become effective immediately after the effective date in the case of a subdivision, combination or re-classification.

Share Dividends and Share Splits. If the Company, at any time while this Debenture any Preferred Share is outstanding: (i) pays a share dividend or otherwise makes a distribution or distributions payable in Common Stock Ordinary Shares on Common Stock Ordinary Shares or any Common Stock other Ordinary Share Equivalents (which, for avoidance of doubt, shall not include any Common Stock Ordinary Shares issued by the Company upon conversion of, or payment of interest a dividend on, the DebenturesPreferred Shares), (ii) subdivides outstanding Common Stock Ordinary Shares into a larger number of shares, (iii) combines (including by way of a reverse share split) outstanding Common Stock Ordinary Shares into a smaller number of shares shares, or (iv) issues, in the event of a reclassification of Ordinary Shares, any shares of Common Stock or any capital shares stock of the Company, then the Conversion Price shall be multiplied by a fraction of which the numerator shall be the number of shares of Common Stock (excluding any treasury shares of the Company) Ordinary Shares outstanding immediately before such event, and of which the denominator shall be the number of shares of Common Stock Ordinary Shares outstanding immediately after such event. Any adjustment made pursuant to this Section 20.1 shall become effective effective: (i) immediately after the record date for the determination of shareholders entitled to receive such dividend or distribution and shall become effective or, as applicable, (ii) immediately after the effective date in the case of a subdivision, combination or re-classificationre‑classification.

Share Dividends and Share Splits. If the Company, at any time while this Debenture is outstanding: (i) pays a share dividend or otherwise makes a distribution or distributions payable in shares of Common Stock on shares of Common Stock or any Common Stock Equivalents (which, for avoidance of doubt, shall not include any shares of Common Stock are issued by the Company upon conversion of, or payment of interest on, the Debentures), (ii) subdivides outstanding shares of Common Stock into a larger number of shares, (iii) combines (including by way of a reverse share split) outstanding shares of Common Stock into a smaller number of shares or (iv) issues, in the event of a reclassification of shares of Common Stock or any capital shares of the Company, then the Conversion Price shall be multiplied by a fraction of which the numerator shall be the number of shares of Common Stock (excluding any treasury shares of the Company) outstanding immediately before such event, and of which the denominator shall be the number of shares of Common Stock outstanding immediately after such event. Any adjustment made pursuant to this Section shall become effective immediately after the record date for the determination of shareholders entitled to receive such dividend or distribution and shall become effective immediately after the effective date in the case of a subdivision, combination or re-classification.

Share Dividends and Share Splits. If the Company, at any time while this Debenture is outstanding: (i) pays a share dividend or otherwise makes a distribution or distributions payable in Common Stock Ordinary Shares on Common Stock Ordinary Shares or any Common Stock Ordinary Shares Equivalents (which, for avoidance of doubt, shall not include any Common Stock Ordinary Shares issued by the Company upon conversion of, or payment of interest on, the Debentures), (ii) subdivides outstanding Common Stock Ordinary Shares into a larger number of shares, (iii) combines (including by way of a reverse share split) outstanding Common Stock Ordinary Shares into a smaller number of shares or (iv) issues, in the event of a reclassification of shares of Common Stock Ordinary Shares or any capital shares of the Company, then the Conversion Price shall be multiplied by a fraction of which the numerator shall be the number of shares of Common Stock Ordinary Shares (excluding any treasury shares of the Company) outstanding immediately before such event, and of which the denominator shall be the number of shares of Common Stock Ordinary Shares outstanding immediately after such event. Any adjustment made pursuant to this Section shall become effective immediately after the record date for the determination of shareholders entitled to receive such dividend or distribution and shall become effective immediately after the effective date in the case of a subdivision, combination or re-classification.

Share Dividends and Share Splits. If the Company, at any time while this Debenture is outstanding: (i) pays a share dividend or otherwise makes a distribution or distributions payable in Common Stock on Common Stock Ordinary Shares or any Common Stock Ordinary Shares Equivalents (which, for avoidance of doubt, shall not include any Common Stock Ordinary Shares issued by the Company upon conversion of, or payment of interest on, the Debentures), (ii) subdivides issued and outstanding Common Stock Ordinary Shares into a larger number of shares, (iii) combines (including by way of a reverse share split) issued and outstanding Common Stock Ordinary Shares into a smaller number of shares or (iv) issues, in the event of a reclassification of shares of Common Stock or Ordinary Shares, any capital shares of the Company, then the Fixed Conversion Price shall be multiplied by a fraction of which the numerator shall be the number of shares of Common Stock Ordinary Shares (excluding any treasury shares of the Company) issued and outstanding immediately before such event, and of which the denominator shall be the number of shares of Common Stock Ordinary Shares issued and outstanding immediately after such event. Any adjustment made pursuant to this Section shall become effective immediately after the record date for the determination of shareholders entitled to receive such dividend or distribution and shall become effective immediately after the effective date in the case of a subdivision, combination or re-classification.