Share Reorganization definition

Share Reorganization has the meaning set forth in Section 11.2.

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Share Reorganization has the meaning set forth in Section 4.1(a);

Share Reorganization has the meaning ascribed thereto in subsection 2.12(1);

Examples of Share Reorganization in a sentence

• A reclassification of the Shares (other than a change in par value, or from par value to no par value or from no par value to par value) into shares of any other class of stock shall be deemed to be a distribution by the Company to the holders of its Shares of such class of stock and, if the outstanding Shares shall be changed into a larger or smaller number of Shares as part of such reclassification, a Share Reorganization.

• Common Shares (and Common Shares issuable upon conversion or exchange of Convertible Securities) issued or to be issued under a Share Reorganization will be deemed to be outstanding on the record date or effective date for such Share Reorganization for the purpose of calculating the number of outstanding Common Shares under Paragraph 6.4(a) and 6.4(c).

• Any adjustment under this Section 6(a) shall become effective at the close of business on the date the Share Reorganization becomes effective, or as of the record date of such dividend, or in the event that no record date is fixed, upon the making of such dividend.

• A “Special Distribution” shall mean the Company’s issuance or distribution, to any holder or holders of shares of Preferred Stock or Common Stock based on such holdings, of evidences of indebtedness, any other securities of the Company or rights or warrants to subscribe for or purchase any security of the Company or any cash, property or other assets (excluding a Share Reorganization), whether or not accompanied by a purchase, redemption or other acquisition of shares of Preferred Stock or Common Stock.

• Notwithstanding any other provision of Subsection 5.1(2) hereof, no adjustment of the Exercise Price shall be made which would result in an increase in the Exercise Price or a decrease in the number of Shares issuable upon the exercise of the Warrants (except in respect of the Share Reorganization described in Subsection 5.1(2)(a)(iv) hereof or a Capital Reorganization described in Subsection 5.1(2)(d) hereof).

More Definitions of Share Reorganization

Share Reorganization means (a) the issuance by the Corporation of Shares to all or substantially all of the holders of Shares as a stock dividend (other than dividends paid in the ordinary course), (b) a distribution by the Corporation on its outstanding Shares payable in Shares or securities exchangeable for or convertible into Shares (other than dividends paid in the ordinary course), (c) a subdivision by the Corporation of the Shares into a greater number of Shares, or (d) a consolidation by the Corporation of the Shares into a lesser number of Shares;

Share Reorganization has the meaning set out in Section 2.13(a);

Share Reorganization has the meaning ascribed to it in Subsection 5.1.

Share Reorganization shall have the meaning ascribed thereto in Section 4.1(1)(a); “Special Distribution” has the meaning ascribed thereto in Section 4.2(2);

Share Reorganization has the meaning specified in Section 6.4(2).

Share Reorganization means the amendment and re-designation of the Corporation's share capitalization pursuant to the Articles of Amendment, which provided for the re-designation of the existing common shares as "Class B Subordinate Voting Shares", the creation of a new class of "Class A Multiple Voting Shares", and the elimination of the existing class of non-voting Class A Preferred Shares and non-voting Class B Preferred Shares.

Share Reorganization has the meaning set forth in Section 2(d).