Common use of Subdivision or Consolidation of Shares Clause in Contracts

Subdivision or Consolidation of Shares. (i) In the event the Corporation shall subdivide its outstanding Shares into a greater number of Shares, the Exercise Price in effect immediately prior to such subdivision shall be proportionately reduced, and conversely, in the event the outstanding Shares of the Corporation shall be consolidated into a smaller number of Shares, the Exercise Price in effect immediately prior to such consolidation shall be proportionately increased. (ii) Upon each adjustment of the Exercise Price as provided herein, the Warrantholder shall thereafter be entitled to acquire, at the Exercise Price resulting from such adjustment, the number of Shares (calculated to the nearest tenth of a Share) obtained by multiplying the Exercise Price in effect immediately prior to such adjustment by the number of Shares which may be acquired hereunder immediately prior to such adjustment and dividing the product thereof by the Exercise Price resulting from such adjustment.

Subdivision or Consolidation of Shares. (i) In the event the Corporation Company shall subdivide its outstanding Shares common shares into a greater number of Sharesshares, the Exercise Price in effect immediately prior to such subdivision shall be proportionately reduced, and conversely, in the event case the outstanding Shares common shares of the Corporation Company shall be consolidated into a smaller number of Sharesshares, the Exercise Price in effect immediately prior to such consolidation shall be proportionately increased. (ii) Upon each adjustment of the Exercise Price as provided herein, the Warrantholder Holder shall thereafter be entitled to acquire, at the Exercise Price resulting from such adjustment, the number of Shares (calculated to the nearest tenth of a Share) obtained by multiplying the Exercise Price in effect immediately prior to such adjustment by the number of Shares which may be acquired hereunder immediately prior to such adjustment and dividing the product thereof by the Exercise Price resulting from such adjustment.

Subdivision or Consolidation of Shares. (i) In the event that, after the date of issuance of this Certificate and prior to the Time of Expiry, the Corporation shall subdivide its outstanding Shares common shares ("Common Shares") into a greater number of Sharesshares, the Exercise Price in effect immediately prior to such subdivision shall be proportionately reduced, and conversely, in the event case the outstanding Common Shares of the Corporation shall be consolidated into a smaller number of Sharesshares, the Exercise Price in effect immediately prior to such consolidation shall be proportionately increased. (ii) Upon each adjustment of the Exercise Price as provided herein, the Warrantholder Holder shall thereafter be entitled to acquire, at the Exercise Price resulting from such adjustment, the number of Shares Units (calculated to the nearest tenth of a ShareUnit) obtained by multiplying the Exercise Price in effect immediately prior to such adjustment by the number of Shares Units which may be acquired hereunder immediately prior to such adjustment and dividing the product thereof by the Exercise Price resulting from such adjustment.

Subdivision or Consolidation of Shares. (i) In the event that, after the Corporation Closing Date and prior to the Time of Expiry, the Company shall subdivide its outstanding Shares into a greater number of Shares, the Exercise Price in effect immediately prior to such subdivision shall be proportionately reduced, and conversely, in the event case the outstanding Shares of the Corporation Company shall be consolidated into a smaller number of Shares, the Exercise Price in effect immediately prior to such consolidation shall be proportionately increased. (ii) Upon each adjustment of the Exercise Price as provided hereinin paragraph (f)(i) above, the Warrantholder Holder shall thereafter be entitled to acquire, at the Exercise Price resulting from such adjustment, the number of Shares Units (calculated to the nearest tenth of a ShareUnit) obtained by multiplying the Exercise Price in effect immediately prior to such adjustment by the number of Shares Units which may be acquired hereunder immediately prior to such adjustment and dividing the product thereof by the Exercise Price resulting from such adjustment.

Subdivision or Consolidation of Shares. (i) In the event the Corporation Company shall subdivide its outstanding Shares common shares into a greater number of Sharesshares, the Exercise Price in effect immediately prior to such subdivision shall be proportionately reduced, and conversely, in the event case the outstanding Shares common shares of the Corporation Company shall be consolidated into a smaller number of Sharesshares, the Exercise Price in effect immediately prior to such consolidation shall be proportionately increased. (ii) Upon each adjustment of the Exercise Price as provided hereinin paragraph 1(f)(i) above, the Warrantholder shall thereafter be entitled to acquire, at the Exercise Price resulting from such adjustment, the number of Shares (calculated to the nearest tenth of a Share) obtained by multiplying the Exercise Price in effect immediately prior to such adjustment by the number of Shares which may be acquired hereunder immediately prior to such adjustment and dividing the product thereof by the Exercise Price resulting from such adjustment.

Subdivision or Consolidation of Shares. (i) In the event that the Corporation shall subdivide its outstanding Common Shares into a greater number of Sharesshares, the Exercise Price in effect immediately prior to such subdivision shall be proportionately reduced, and conversely, in the event case the outstanding Common Shares of the Corporation shall be consolidated into a smaller number of Sharesshares, the Exercise Price in effect immediately Immediately prior to such consolidation shall be proportionately increased. (ii) Upon each adjustment of the Exercise Price as provided herein, the Warrantholder Agent shall thereafter be entitled to acquire, at the Exercise Price resulting from such adjustment, the number of Agent’s Shares (calculated to the nearest tenth of a Compensation Share) obtained by multiplying the Exercise Price in effect immediately prior to such adjustment by the number of Agent’s Shares which may be acquired hereunder immediately prior to such adjustment and dividing the product thereof by the Exercise Price resulting from such adjustment.