Common use of Adjustment Event Clause in Contracts

Adjustment Event. If and whenever the Company shall issue any securities (other than Common Shares, Share-Related Securities, Securities Rights in respect of Common Shares or Securities Rights in respect of Share-Related Securities) to all or substantially all of the Shareholders as a class by way of rights or the Company shall issue or grant any Securities Rights in respect of any securities (other than Common Shares, Share-Related Securities, Securities Rights in respect of Common Shares or Securities Rights in respect of Share-Related Securities) or assets to all or substantially all of the Shareholders as a class, the Exercise Price shall be subject to adjustment in accordance with this Section 12(e).

Appears in 4 contracts

Sources: Warrant Agreement (Glencore International PLC), Warrant Agreement (Glencore Holding Ag), Warrant Agreement (Polymet Mining Corp)

Adjustment Event. If and whenever the Company shall issue any securities (other than Common Shares, Share-Related Securities, Securities Rights in respect of Common Shares or Securities Rights in respect of Share-Related Securities) to all or substantially all of the Shareholders as a class by way of rights or the Company shall issue or grant any Securities Rights in respect of any securities (other than Common Shares, Share-Related Securities, Securities Rights in respect of Common Shares or Securities Rights in respect of Share-Related Securities) or assets to all or substantially all of the Shareholders as a class, the Exercise Price shall be subject to adjustment in accordance with this Section 12(e13(e).

Appears in 3 contracts

Sources: Warrant Agreement (Glencore Holding Ag), Warrant Agreement (Polymet Mining Corp), Purchase Agreement (Polymet Mining Corp)

Adjustment Event. If and whenever the Company Parent shall issue any securities (other than Common Shares, Share-Related Securities, Securities Rights in respect of Common Shares or Securities Rights in respect of Share-Related Securities) to all or substantially all of the Shareholders as a class by way of rights or the Company Parent shall issue or grant any Securities Rights in respect of any securities (other than Common Shares, Share-Related Securities, Securities Rights in respect of Common Shares or Securities Rights in respect of Share-Related Securities) or assets to all or substantially all of the Shareholders as a class, the Exercise Conversion Price shall be subject to adjustment in accordance with this Section 12(e7(d).

Appears in 1 contract

Sources: Subscription Agreement (Polymet Mining Corp)