Common use of DILUTION Clause in Contracts

DILUTION. Shareholders who: (i) do not exercise their Priority Right within the scope of the Priority Offer; or (ii) exercise their Priority Right within the scope of the Priority Offer by subscribing to a number of Debentures smaller than their respective proportion in the shareholding position; or, furthermore, (iii) have their Priority Subscription Order canceled under the terms described in this Material Fact, may be diluted upon Debentures Conversion.

Appears in 4 contracts

Samples: Debenture Offering, Debenture Offering, Debenture Offering