Subdivision or Combination of Common Shares. In case the Company shall at any time subdivide its outstanding Common Shares into a greater number of shares, the Purchase Price in effect immediately prior to such subdivision shall be proportionately reduced, and conversely, in case the outstanding Common Shares shall be combined into a smaller number of shares, the Purchase Price in effect immediately prior to such combination shall be proportionately increased.
Appears in 4 contracts
Samples: Warrant Agreement (Cadence Bancorporation), Warrant Agreement (Cadence Bancorporation), Warrant Agreement (Talmer Bancorp, Inc.)