Common use of Stock Dividends - Split-Ups Clause in Contracts

Stock Dividends - Split-Ups. If after the Issuance Date, and subject to the provisions of Section 4.6 below, the number of outstanding Ordinary Shares is increased by a stock dividend payable in Ordinary Shares, or by a split-up of Ordinary Shares, or other similar event, then, on the effective date of such stock dividend, split-up or similar event, the number of Ordinary Shares issuable upon exercise of each Warrant shall be increased in proportion to such increase in outstanding Ordinary Shares upon the delivery of written direction to the Warrant Agent.

Appears in 3 contracts

Samples: Warrant Agreement (OXBRIDGE RE HOLDINGS LTD), Warrant Agreement (OXBRIDGE RE HOLDINGS LTD), Warrant Agreement (OXBRIDGE RE HOLDINGS LTD)

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Stock Dividends - Split-Ups. If after the Issuance Datedate hereof, and subject to the provisions of Section 4.6 below, the number of outstanding Ordinary Shares is increased by a stock dividend payable in Ordinary Shares, or by a split-split up or reclassification of shares Ordinary Shares, or other similar event, then, on the effective date of such stock dividend, split-up split up, reclassification or similar event, the number of Ordinary Shares issuable upon on exercise of each Warrant shall be increased in proportion to such increase in outstanding Ordinary Shares upon the delivery of written direction to the Warrant AgentShares.

Appears in 3 contracts

Samples: Warrant Agreement (Spring Creek Acquisition Corp.), Warrant Agreement (Spring Creek Acquisition Corp.), Warrant Agreement (Spring Creek Acquisition Corp.)

Stock Dividends - Split-Ups. If after the Issuance Datedate hereof, and subject to the provisions of Section 4.6 below, the number of outstanding Ordinary Shares is increased by a stock dividend payable in Ordinary Shares, or by a split-split up of Ordinary Shares, or other similar event, then, on the effective date of such stock dividend, split-split up or similar event, the number of Ordinary Shares issuable upon on exercise of each Class A Public Warrant or Underwriter’s Warrant shall be increased in proportion to such increase in outstanding Ordinary Shares upon the delivery of written direction to the Warrant AgentShares.

Appears in 2 contracts

Samples: Warrant Agreement (China Growth Alliance LTD), Warrant Agreement (China Growth Alliance LTD)

Stock Dividends - Split-Ups. If after the Issuance Datedate hereof, and subject to the provisions of Section 4.6 below12 hereof, the number of outstanding Ordinary Shares is increased by a stock dividend payable in Ordinary Shares, or by a split-up of Ordinary Shares, or other similar event, then, on the effective date of such stock dividend, split-up or similar event, the number of Ordinary Shares issuable upon on exercise of each Warrant shall be increased in proportion to such increase in outstanding Ordinary Shares upon the delivery of written direction to the Warrant AgentShares.

Appears in 2 contracts

Samples: Warrant Agreement (China Hydroelectric Corp), Warrant Agreement (China Hydroelectric Corp)

Stock Dividends - Split-Ups. If after the Issuance Datedate hereof, and subject to the provisions of Section 4.6 below, the number of outstanding shares of Ordinary Shares is increased by a stock dividend payable in shares of Ordinary Shares, or by a split-split up of shares of Ordinary Shares, or other similar event, then, on the effective date of such stock dividend, split-split up or similar event, the number of shares of Ordinary Shares issuable upon on exercise of each Warrant shall be increased in proportion to such increase in outstanding shares of Ordinary Shares upon the delivery of written direction to the Warrant AgentShares.

Appears in 2 contracts

Samples: Warrant Agreement (Translational Development Acquisition Corp.), Warrant Agreement (Freestone Acquisition Corp)

Stock Dividends - Split-Ups. If after the Issuance Datedate hereof, and subject to the provisions of Section 4.6 5.2 below, the number of outstanding Ordinary Shares is increased by a stock dividend payable in Ordinary Shares, Shares or by a split-up of Ordinary Shares, Shares or other similar event, then, on the effective date of such stock dividend, split-up or similar event, then the number of Ordinary Shares issuable upon exercise underlying each of each Warrant the Shares purchasable hereunder shall be increased in proportion to such increase in outstanding Ordinary Shares upon shares. In such event the delivery of written direction to the Warrant AgentExercise Price shall be proportionately decreased.

Appears in 1 contract

Samples: FGI Industries Ltd.

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Stock Dividends - Split-Ups. If If, after the Issuance Datedate hereof, and subject to the provisions of Section 4.6 9(f) below, the number of outstanding Ordinary Shares is increased by a stock dividend payable in Ordinary Sharesshares, or by a split-up of Ordinary Sharesshares, or other similar event, then, on the effective date of such stock dividend, split-up or similar evente vent, the number of Ordinary Shares shares issuable upon on exercise of each this Warrant shall be increased in proportion to such increase in outstanding Ordinary Shares upon the delivery of written direction to the Warrant Agentshares.

Appears in 1 contract

Samples: Sale and Purchase Agreement (Vantage Drilling CO)

Stock Dividends - Split-Ups. If after the Issuance Datedate hereof, and subject to the provisions of Section 4.6 below, the number of outstanding shares of Ordinary Shares is increased by a stock dividend payable in shares of Ordinary Shares, or by a split-up of shares of Ordinary Shares, or other similar event, then, on the effective date of such stock dividend, split-up or similar event, the number of shares of Ordinary Shares issuable upon on exercise of each Warrant shall be increased in proportion to such increase in outstanding shares of Ordinary Shares upon the delivery of written direction to the Warrant AgentShares.

Appears in 1 contract

Samples: Warrant Agreement (China Ascendance Acquisition Corp.)

Stock Dividends - Split-Ups. If If, after the Issuance Datedate hereof, and subject to the provisions of Section 4.6 below, the number of outstanding shares of Ordinary Shares is are increased by a stock dividend payable in Ordinary Shares, or by a split-up of Ordinary Shares, or other similar event, then, on the effective date of such stock dividend, split-up or similar event, the number of Ordinary Shares issuable upon on exercise of each Warrant shall be increased in proportion to such increase in outstanding Ordinary Shares upon the delivery of written direction to the Warrant Agent.

Appears in 1 contract

Samples: Warrant Agreement (Troops, Inc. /Cayman Islands/)

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