Common use of Share Dividends; Split Ups Clause in Contracts

Share Dividends; Split Ups. If after the date hereof, the number of outstanding Class A Ordinary Shares is increased by a share dividend payable in Class A Ordinary Shares, or by a split up of Class A Ordinary Shares, or other similar event, then, on the effective date of such share dividend, split up or similar event, the number of Class A Ordinary Shares issuable on exercise of each Warrant shall be increased in proportion to such increase in outstanding Class A Ordinary Shares.

Appears in 8 contracts

Samples: Warrant Agreement (Digital Media Solutions, Inc.), Warrant Agreement (Leo Holdings Corp.), Warrant Agreement (Leo Holdings Corp.)

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Share Dividends; Split Ups. If after the date hereof, and subject to the provisions of Section 4.6 below, the number of outstanding Class A Ordinary Shares is increased by a share dividend payable in Class A Ordinary Shares, or by a split up of Class A Ordinary Shares, or other similar event, then, on the effective date of such share dividend, split up or similar event, the number of Class A Ordinary Shares issuable on exercise of each Warrant shall be increased in proportion to such increase in outstanding Class A Ordinary Shares.

Appears in 6 contracts

Samples: Warrant Agreement (Blue World Acquisition Corp), Warrant Agreement (Ledger Acquisition Co), Warrant Agreement (AP Acquisition Corp)

Share Dividends; Split Ups. If after the date hereof, and subject to the provisions of Section 4.6 below, the number of outstanding Class A Ordinary Shares ordinary shares is increased by a share dividend payable in Class A Ordinary Sharesordinary shares, or by a split up of Class A Ordinary Sharesordinary shares, or other similar event, then, on the effective date of such share dividend, split up or similar event, the number of Class A Ordinary Shares ordinary shares issuable on exercise of each Warrant shall be increased in proportion to such increase in outstanding Class A Ordinary Sharesordinary shares.

Appears in 6 contracts

Samples: Warrant Agreement (Evergreen Corp), Warrant Agreement (Technology & Telecommunication Acquisition Corp), Warrant Agreement (Evergreen Corp)

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Share Dividends; Split Ups. If after the date hereof, the number of issued and outstanding Class A Ordinary Shares is increased by a share dividend payable in Class A Ordinary Shares, or by a split up of Class A Ordinary Shares, or other similar event, then, on the effective date of such share dividend, split up or similar event, the number of Class A Ordinary Shares issuable on exercise of each Warrant shall be increased in proportion to such increase in issued and outstanding Class A Ordinary Shares.

Appears in 3 contracts

Samples: Warrant Agreement (Arya Sciences Acquisition Corp.), Warrant Agreement (Arya Sciences Acquisition Corp.), Warrant Agreement (Arya Sciences Acquisition Corp.)

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