Common use of Subdivision or Consolidation Clause in Contracts

Subdivision or Consolidation. The New Subordinate Shares shall not be consolidated or subdivided unless the New Multiple Shares and the Floating Shares are simultaneously consolidated or subdivided utilizing the same divisor or multiplier. NEW MULTIPLE SHARES The Company will be authorized to issue 117,600 Class F multiple voting shares (“New Multiple Shares”), without nominal or par value, having attached thereto the special rights and restrictions as set forth below:

Appears in 4 contracts

Samples: Arrangement Agreement (Acreage Holdings, Inc.), Arrangement Agreement (Canopy Growth Corp), Credit Agreement (Canopy Growth Corp)

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