Common use of Adjustment for Certain Dividends and Distributions Clause in Contracts

Adjustment for Certain Dividends and Distributions. In the event the Company at any time, or from time to time, makes or fixes a record date for the determination of holders of Ordinary Shares entitled to receive a dividend or other distribution payable in additional shares of Ordinary Shares, then and in each such event, the number of Ordinary Shares issuable upon exercise of this Warrant shall be increased as of the time of such issuance or, in the event such a record date is fixed, as of the close of business on such record date, by multiplying the number of Ordinary Shares issuable upon exercise of this Warrant by a fraction: (i) the numerator of which shall be the total number of Ordinary Shares issued and outstanding immediately prior to the time of such issuance or the close of business on such record date plus the number of Ordinary Shares issuable in payment of such dividend or distribution; and (ii) the denominator of which is the total number of Ordinary Shares issued and outstanding immediately prior to the time of such issuance or the close of business on such record date; provided, however, that if such record date is fixed and such dividend is not fully paid or if such distribution is not fully made on the date fixed thereof, the number of Ordinary Shares issuable upon exercise of this Warrant shall be recomputed accordingly as of the close of business on such record date and thereafter the number of Ordinary Shares issuable upon exercise of this Warrant shall be adjusted pursuant to this Section 7(b) as of the time of the actual payment of such dividends or distribution.

Adjustment for Certain Dividends and Distributions. In the event the Company at any time, time or from time to time, makes during the term of this Warrant makes, or fixes a record date for the determination of holders of Ordinary Shares entitled to receive a dividend or other distribution payable in additional shares of Ordinary Shares, then and in each such event, event the number of Ordinary Shares issuable upon exercise of this Warrant shall be increased as of the time of such issuance or, in the event such a record date is fixed, as of the close of business on such record date, by multiplying the number of Ordinary Shares issuable upon exercise of this Warrant by a fraction: (i) the numerator of which shall be the total number of Ordinary Shares issued and outstanding immediately prior to the time of such issuance or the close of business on such record date plus the number of Ordinary Shares issuable in payment of such dividend or distribution; , and (ii) the denominator of which is the total number of shares of Ordinary Shares issued and outstanding immediately prior to the time of such issuance or the close of business on such record date; provided, however, that if such record date is fixed and such dividend is not fully paid or if such distribution is not fully made on the date fixed thereof, the number of Ordinary Shares issuable upon exercise of this Warrant shall be recomputed accordingly as of the close of business on such record date and thereafter the number of shares of Ordinary Shares issuable upon exercise of this Warrant shall be adjusted pursuant to this Section 7(b) as of the time of the actual payment of such dividends or distributiondistributions.

Adjustment for Certain Dividends and Distributions. In the event the Company Corporation at any time, or from time to timetime makes, makes or fixes a record date for the determination of holders of Ordinary Shares shares of Common Stock entitled to receive a dividend or other distribution payable in additional shares of Ordinary SharesCommon Stock, then and in each such event, event the number of Ordinary Shares shares of Common Stock issuable upon exercise of this Warrant shall be increased as of the time of such issuance or, in the event such a record date is fixed, as of the close of business on such record date, by multiplying the number of Ordinary Shares shares of Common Stock issuable upon exercise of this Warrant by a fraction: (i) the numerator of which shall be the total number of Ordinary Shares shares of Common Stock issued and outstanding immediately prior to the time of such issuance or the close of business on such record date plus the number of Ordinary Shares shares of Common Stock issuable in payment of such dividend or distribution; , and (ii) the denominator of which is the total number of Ordinary Shares shares of Common Stock issued and outstanding immediately prior to the time of such issuance or the close of business on such record date; provided, however, that if such record date is fixed and such dividend is not fully paid or if such distribution is not fully made on the date fixed thereof, the number of Ordinary Shares shares of Common Stock issuable upon exercise of this Warrant shall be recomputed accordingly as of the close of business on such record date and thereafter the number of Ordinary Shares shares of Common Stock issuable upon exercise of this Warrant shall be adjusted pursuant to this Section 7(b) 6.2 as of the time of the actual payment of such dividends or distributiondistributions.

Adjustment for Certain Dividends and Distributions. In the event the Company Company, at any time, time or from time to time, makes or fixes a record date for the determination of holders of Ordinary Shares ordinary shares entitled to receive a dividend or other distribution distribution, payable only in additional shares of Ordinary Sharesthe Company, then and in each such event, event the number of Ordinary Shares issuable upon exercise of this Warrant shall be increased as of the time of such issuance or, in the event such a record date is fixed, as of the close of business on such record date, by multiplying the number of Ordinary Shares issuable upon exercise of this Warrant by a fraction: (i) the numerator of which shall be the total number of Ordinary Shares ordinary shares of the Company issued and outstanding immediately prior to the time of such issuance or the close of business on such record date plus the number of Ordinary Shares shares issuable in payment of such dividend or distribution; , and (ii) the denominator of which is the total number of Ordinary Shares ordinary shares of the Company issued and outstanding immediately prior to the time of such issuance or the close of business on such record date; provided, however, that if such record date is fixed and such dividend is not fully paid or if such distribution is not fully made on the date fixed thereof, the number of Ordinary Shares issuable upon exercise of this Warrant shall be recomputed accordingly as of the close of business on such record date and thereafter the number of Ordinary Shares issuable upon exercise of this Warrant shall be adjusted pursuant to this Section 7(b) ‎8.3 as of the time of the actual payment of such dividends or distributiondistributions.

Adjustment for Certain Dividends and Distributions. In the event the Company at any time, time or from time to time, makes during the Exercise Period makes, or fixes a record date for the determination of holders of Ordinary Shares shares of Common Stock entitled to receive receive, without payment therefor, a dividend or other distribution payable in additional shares of Ordinary SharesCommon Stock, then and in each such event, event the number of Ordinary Warrant Shares issuable upon exercise of this Warrant (if any) shall be increased as of the time of such issuance or, in the event such a record date is fixed, as of the close of business on such record date, by multiplying the number of Ordinary Warrant Shares issuable upon exercise of this Warrant by a fraction: (i) the numerator of which shall be the total number of Ordinary Shares shares of Common Stock issued and outstanding immediately prior to the time of such issuance or the close of business on such record date plus the number of Ordinary Shares shares of Common Stock issuable in payment of such dividend or distribution; , and (ii) the denominator of which is the total number of Ordinary Shares shares of Common Stock issued and outstanding immediately prior to the time of such issuance or the close of business on such record date; provided, however, that if such record date is fixed and such dividend is not fully paid or if such distribution is not fully made on the date fixed thereof, the number of Ordinary Warrant Shares issuable upon exercise of this Warrant shall be recomputed accordingly as of the close of business on such record date and thereafter the number of Ordinary Warrant Shares issuable upon exercise of this Warrant shall be adjusted pursuant to this Section 7(b) 2.3 as of the time of the actual payment of such dividends or distributiondistributions.

Adjustment for Certain Dividends and Distributions. In the event the Company at any time, or from time to timetime makes, makes or fixes a record date for the determination of holders of Ordinary Shares entitled to receive a dividend or other distribution payable in additional shares of Ordinary Shares, then and in each such event, event the number of Ordinary Shares issuable upon exercise of this Warrant shall be increased as of the time of such issuance or, in the event such a record date is fixed, as of the close of business on such record date, by multiplying the number of Ordinary Shares issuable upon exercise of this Warrant by a fraction: (i) the numerator of which shall be the total number of Ordinary Shares issued and outstanding immediately prior to the time of such issuance or the close of business on such record date plus the number of Ordinary Shares issuable in payment of such dividend or distribution; , and (ii) the denominator of which is the total number of shares of Ordinary Shares issued and outstanding immediately prior to the time of such issuance or the close of business on such record date; provided, however, that if such record date is fixed and such dividend is not fully paid or if such distribution is not fully made on the date fixed thereof, the number of Ordinary Shares issuable upon exercise of this Warrant shall be recomputed accordingly as of the close of business on such record date and thereafter the number of shares of Ordinary Shares issuable upon exercise of this Warrant shall be adjusted pursuant to this Section 7(b6(b) as of the time of the actual payment of such dividends or distributiondistributions.

Adjustment for Certain Dividends and Distributions. In the event -------------------------------------------------- the Company at any time, or from time to timetime makes, makes or fixes a record date for the determination of holders of Ordinary Shares entitled to receive a dividend or other distribution payable in additional shares of Ordinary Shares, then and in each such event, event the number of Ordinary Shares issuable upon exercise of this Warrant shall be increased as of the time of such issuance or, in the event such a record date is fixed, as of the close of business on such record date, by multiplying the number of Ordinary Shares issuable upon exercise of this Warrant by a fraction: (i) the numerator of which shall be the total number of Ordinary Shares issued and outstanding immediately prior to the time of such issuance or the close of business on such record date plus the number of Ordinary Shares issuable in payment of such dividend or distribution; , and (ii) the denominator of which is the total number of shares of Ordinary Shares issued and outstanding immediately prior to the time of such issuance or the close of business on such record date; provided, however, that if such record date is fixed and such ----------------- dividend is not fully paid or if such distribution is not fully made on the date fixed thereof, the number of Ordinary Shares issuable upon exercise of this Warrant shall be recomputed accordingly as of the close of business on such record date and thereafter the number of shares of Ordinary Shares issuable upon exercise of this Warrant shall be adjusted pursuant to this Section 7(b8(b) as of the time of the actual payment of such dividends or distributiondistributions.

Adjustment for Certain Dividends and Distributions. In the event the Company LUMENIS at any time, or from time to time, time makes or fixes a record date for the determination of holders of Ordinary Shares shares of LUMENIS Stock entitled to receive a dividend or other distribution payable in additional shares of Ordinary SharesLUMENIS Stock, then and in each such event, event the number of Ordinary Shares shares of LUMENIS Stock issuable upon exercise of this Warrant Option shall be increased as of the time of such issuance or, in the event such a record date is fixed, as of the close of business on such record date, by multiplying the number of Ordinary Shares shares of LUMENIS Stock issuable upon exercise of this Warrant Option by a fraction: (i) the numerator of which shall be the total number of Ordinary Shares shares of LUMENIS Stock issued and outstanding immediately prior to the time of such issuance or the close of business on such record date plus the number of Ordinary Shares shares of LUMENIS Stock issuable in payment of such dividend or distribution; , and (ii) the denominator of which is the total number of Ordinary Shares shares of LUMENIS Stock issued and outstanding immediately prior to the time of such issuance or the close of business on such record date; provided, however, that if such record date is fixed and such dividend is not fully paid or if such distribution is not fully made on the date fixed thereof, the number of Ordinary Shares shares of LUMENIS Stock issuable upon exercise of this Warrant Option shall be recomputed accordingly as of the close of business on such record date and thereafter the number of Ordinary Shares shares of LUMENIS Stock issuable upon exercise of this Warrant Option shall be adjusted pursuant to this Section 7(bParagraph 5(b) as of the time of the actual payment of such dividends or distributiondistributions.

Adjustment for Certain Dividends and Distributions. In the event the Company at any time, or from time to timetime makes, makes or fixes a record date for the determination of holders of Ordinary Shares its shares entitled to receive a dividend payable in additional shares, or other distribution payable in additional shares of Ordinary Sharesshares, then and in each such event, event the number of Ordinary Warrant Shares issuable upon exercise of this Warrant shall be increased as of the time of such issuance or, in the event such a record date is fixed, as of the close of business on such record date, by multiplying the number of Ordinary Warrant Shares issuable upon exercise of this Warrant by a fraction: (i) the numerator of which shall be the total number of Ordinary Shares shares issued and outstanding immediately prior to the time of such issuance or the close of business on such record date plus the number of Ordinary Shares shares issuable in payment of such dividend or distribution; , and (ii) the denominator of which is the total number of Ordinary Shares shares issued and outstanding immediately prior to the time of such issuance or the close of business on such record date; provided, however, that if such record date is fixed and such dividend is not fully paid or if such distribution is not fully made on the date fixed thereof, the number of Ordinary Warrant Shares issuable upon exercise of this Warrant shall be recomputed accordingly as of the close of business on such record date and thereafter the number of Ordinary Warrant Shares issuable upon exercise of this Warrant shall be adjusted pursuant to this Section 7(b6(b) as of the time of the actual payment of such dividends or distributiondistributions.

Adjustment for Certain Dividends and Distributions. In the event the Company at any time, or from time to time, makes or fixes a record date for the determination of holders of Ordinary Shares entitled to receive a dividend or other distribution payable in additional shares of Ordinary Shares, then and in each such event, the number of Ordinary Shares issuable upon exercise of this Warrant purchaseable hereunder shall be increased as of the time of such issuance or, in the event such a record date is fixed, as of the close of business on such record date, by multiplying the number of Ordinary Shares issuable upon exercise of this Warrant by a fraction: (i) the numerator of which shall be the total number of Ordinary Shares issued and outstanding immediately prior to the time of such issuance or the close of business on such record date plus the number of Ordinary Shares issuable in payment of such dividend or distribution; and (ii) the denominator of which is the total number of Ordinary Shares issued and outstanding immediately prior to the time of such issuance or the close of business on such record date; provided, however, that if such record date is fixed and such dividend is not fully paid or if such distribution is not fully made on the date fixed thereof, the number of Ordinary Shares issuable upon exercise of this Warrant purchaseable hereunder shall be recomputed accordingly as of the close of business on such record date and thereafter the number of Ordinary Shares issuable upon exercise of this Warrant purchaseable hereunder shall be adjusted pursuant to this Section 7(b) as of the time of the actual payment of such dividends or distribution.

Adjustment for Certain Dividends and Distributions. In the event the Company at any time, or from time to timetime makes, makes or fixes a record date for the determination of holders of Ordinary Shares shares entitled to receive a dividend or other distribution payable in additional shares of Ordinary Sharesthe Company, then and in each such event, event the number of Ordinary Shares shares issuable upon exercise of this Warrant shall be increased as of the time of such issuance or, in the event such a record date is fixed, as of the close of business on such record date, by multiplying the number of Ordinary Shares shares issuable upon exercise of this Warrant by a fraction: (i) the numerator of which shall be the total number of Ordinary Shares shares of the Company issued and outstanding immediately prior to the time of such issuance or the close of business on such record date plus the number of Ordinary Shares shares issuable in payment of such dividend or distribution; , and (ii) the denominator of which is the total number of Ordinary Shares shares of the Company issued and outstanding immediately prior to the time of such issuance or the close of business on such record date; providedPROVIDED, howeverHOWEVER, that if such record date is fixed and such dividend is not fully paid or if such distribution is not fully made on the date fixed thereof, the number of Ordinary Shares shares issuable upon exercise of this Warrant shall be recomputed accordingly as of the close of business on such record date and thereafter the number of Ordinary Shares shares issuable upon exercise of this Warrant shall be adjusted pursuant to this Section 7(b) 8.2 as of the time of the actual payment of such dividends or distributiondistributions.

Adjustment for Certain Dividends and Distributions. In the event the -------------------------------------------------- Company at any time, or from time to timetime makes, makes or fixes a record date for the determination of holders of Ordinary Common Shares entitled to receive a dividend or other distribution payable in additional shares of Ordinary Common Shares, then and in each such event, event the number of Ordinary Common Shares issuable upon exercise of this Warrant shall be increased as of the time of such issuance or, in the event such a record date is fixed, as of the close of business on such record date, by multiplying the number of Ordinary Common Shares issuable upon exercise of this Warrant by a fraction: (i) the numerator of which shall be the total number of Ordinary Common Shares issued and outstanding immediately prior to the time of such issuance or the close of business on such record date plus the number of Ordinary Common Shares issuable in payment of such dividend or distribution; , and (ii) the denominator of which is the total number of Ordinary shares of Common Shares issued and outstanding immediately prior to the time of such issuance or the close of business on such record date; provided, however, that if such record date is fixed and such ----------------- dividend is not fully paid or if such distribution is not fully made on the date fixed thereof, the number of Ordinary Common Shares issuable upon exercise of this Warrant shall be recomputed accordingly as of the close of business on such record date and thereafter the number of Ordinary shares of Common Shares issuable upon exercise of this Warrant shall be adjusted pursuant to this Section 7(b8(b) as of the time of the actual payment of such dividends or distributiondistributions.

Adjustment for Certain Dividends and Distributions. In the event the Company at any time, or from time to timetime makes, makes or fixes a record date for the determination of holders of Ordinary Shares shares entitled to receive a dividend or other distribution payable in additional shares of Ordinary Sharesthe Company, then and in each such event, event the number of Ordinary Shares shares issuable upon exercise of this Warrant shall be increased as of the time of such issuance or, in the event such a record date is fixed, as of the close of business on such record date, by multiplying the number of Ordinary Shares shares issuable upon exercise of this Warrant by a fraction: (i) the numerator of which shall be the total number of Ordinary Shares shares of the Company issued and outstanding immediately prior to the time of such issuance or the close of business on such record date plus the number of Ordinary Shares shares issuable in payment of such dividend or distribution; , and (ii) the denominator of which is the total number of Ordinary Shares shares of the Company issued and outstanding immediately prior to the time of such issuance or the close of business on such record date; provided, however, that if such record date is fixed and such dividend is not fully paid or if such distribution is not fully made on the date fixed thereof, the number of Ordinary Shares shares issuable upon exercise of this Warrant shall be recomputed accordingly as of the close of business on such record date and thereafter the number of Ordinary Shares shares issuable upon exercise of this Warrant shall be adjusted pursuant to this Section 7(b) 9.2 as of the time of the actual payment of such dividends or distributiondistributions.

Adjustment for Certain Dividends and Distributions. In the event the -------------------------------------------------- Company at any time, time or from time to time, makes during the term of this Warrant makes, or fixes a record date for the determination of holders of Ordinary Shares entitled to receive a dividend or other distribution payable in additional shares of Ordinary Shares, then and in each such event, event the number of Ordinary Shares issuable upon exercise of this Warrant shall be increased as of the time of such issuance or, in the event such a record date is fixed, as of the close of business on such record date, by multiplying the number of Ordinary Shares issuable upon exercise of this Warrant by a fraction: (i) the numerator of which shall be the total number of Ordinary Shares issued and outstanding immediately prior to the time of such issuance or the close of business on such record date plus the number of Ordinary Shares issuable in payment of such dividend or distribution; , and (ii) the denominator of which is the total number of shares of Ordinary Shares issued and outstanding immediately prior to the time of such issuance or the close of business on such record date; provided, --------- however, that if such record date is fixed and such dividend is not ------- fully paid or if such distribution is not fully made on the date fixed thereof, the number of Ordinary Shares issuable upon exercise of this Warrant shall be recomputed accordingly as of the close of business on such record date and thereafter the number of shares of Ordinary Shares issuable upon exercise of this Warrant shall be adjusted pursuant to this Section 7(b8(b) as of the time of the actual payment of such dividends or distributiondistributions.

Adjustment for Certain Dividends and Distributions. In the event the Company at any time, or from time to timetime makes, makes or fixes a record date for the determination of holders of Ordinary Shares entitled to receive a dividend or other distribution payable in additional shares of Ordinary Shares, then and in each such event, event the number of Ordinary Shares issuable upon exercise of this Warrant shall be increased as of the time of such issuance or, in the event such a record date is fixed, as of the close of business on such record date, by multiplying the number of Ordinary Shares issuable upon exercise of this Warrant by a fraction: (i) the numerator of which shall be the total number of Ordinary Shares issued and outstanding immediately prior to the time of such issuance or the close of business on such record date plus the number of Ordinary Shares issuable in payment of such dividend or distribution; , and (ii) the denominator of which is the total number of shares of Ordinary Shares issued and outstanding immediately prior to the time of such issuance or the close of business on such record date; provided, however, that if such record date is fixed and such dividend is not fully paid or if such distribution is not fully made on the date fixed thereof, the number of Ordinary Shares issuable upon exercise of this Warrant shall be recomputed accordingly as of the close of business on such record date and thereafter the number of shares of Ordinary Shares issuable upon exercise of this Warrant shall be adjusted pursuant to this Section 7(b8(b) as of the time of the actual payment of such dividends or distributiondistributions.

Adjustment for Certain Dividends and Distributions. In the event the --------------------------------------------------- Company at any time, time or from time to time, makes during the term of this Warrant makes, or fixes a record date for the determination of holders of Ordinary Shares entitled to receive a dividend or other distribution payable in additional shares of Ordinary Shares, then and in each such event, event the number of Ordinary Shares issuable upon exercise of this Warrant shall be increased as of the time of such issuance or, in the event such a record date is fixed, as of the close of business on such record date, by multiplying the number of Ordinary Shares issuable upon exercise of this Warrant by a fraction: (i) the numerator of which shall be the total number of Ordinary Shares issued and outstanding immediately prior to the time of such issuance or the close of business on such record date plus the number of Ordinary Shares issuable in payment of such dividend or distribution; , and (ii) the denominator of which is the total number of shares of Ordinary Shares issued and outstanding immediately prior to the time of such issuance or the close of business on such record date; provided, --------- however, that if such record date is fixed and such dividend is not ------- fully paid or if such distribution is not fully made on the date fixed thereof, the number of Ordinary Shares issuable upon exercise of this Warrant shall be recomputed accordingly as of the close of business on such record date and thereafter the number of shares of Ordinary Shares issuable upon exercise of this Warrant shall be adjusted pursuant to this Section 7(b) as of the time of the actual payment of such dividends or distributiondistributions.

Adjustment for Certain Dividends and Distributions. In the event the Company at any time, or from time to timetime makes, makes or fixes a record date for the determination of holders of Ordinary Shares common shares entitled to receive a dividend or other distribution payable in additional common shares of Ordinary Sharesthe Company, then and in each such event, event the number of Ordinary Option Shares issuable upon exercise of this Warrant the Option shall be increased as of the time of such issuance or, in the event such a record date is fixed, as of the close of business on such record date, by multiplying the number of Ordinary Option Shares issuable upon exercise of this Warrant the Option by a fraction: (i) the numerator of which shall be the total number of Ordinary Shares shares of the Company issued and outstanding immediately prior to the time of such issuance or the close of business on such record date plus the number of Ordinary Shares shares issuable in payment of such dividend or distribution; , and (ii) the denominator of which is the total number of Ordinary Shares shares of the Company issued and outstanding immediately prior to the time of such issuance or the close of business on such record date; provided, however, that if such record date is fixed and such dividend is not fully paid or if such distribution is not fully made on the date fixed thereof, the number of Ordinary Shares issuable upon exercise of this Warrant the Option shall be recomputed accordingly as of the close of business on such record date and thereafter the number of Ordinary Shares shares issuable upon exercise of this Warrant the Option shall be adjusted pursuant to this Section 7(b04.1(g)(ii) as of the time of the actual payment of such dividends or distribution.distributions. In such event, Alex shall hold such dividends or other distributions on trust for TIS and pay to TIS the said amount in the event of the exercise of the option pursuant to this Agreement

Adjustment for Certain Dividends and Distributions. In the event the Company at any time, or from time to timetime makes, makes or fixes a record date for the determination of holders of Ordinary Shares shares entitled to receive a dividend or other distribution payable in additional shares of Ordinary Sharesthe Company, then and in each such event, event the number of Ordinary Shares shares issuable upon exercise of this Warrant shall be increased as of the time of such issuance or, in the event such a record date is fixed, as of the close of business on such record date, by multiplying the number of Ordinary Shares shares issuable upon exercise of this Warrant by a fraction: (i) the numerator of which shall be the total number of Ordinary Shares shares of the Company issued and outstanding immediately prior to the time of such issuance or the close of business on such record date plus the number of Ordinary Shares shares issuable in payment of such dividend or distribution; , and (ii) the denominator of which is the total number of Ordinary Shares shares of the Company issued and outstanding immediately prior to the time of such issuance or the close of business on such record date; providedPROVIDED, howeverHOWEVER, that if such record date is fixed and such dividend is not fully paid or if such distribution is not fully made on the date fixed thereof, the number of Ordinary Shares shares issuable upon exercise of this Warrant shall be recomputed accordingly as of the close of business on such record date and thereafter the number of Ordinary Shares shares issuable upon exercise of this Warrant shall be adjusted pursuant to this Section 7(b) 9.2 as of the time of the actual payment of such dividends or distributiondistributions.

Adjustment for Certain Dividends and Distributions. In the event the Company at any time, or from time to timetime makes, makes or fixes a record date for the determination of holders of Ordinary Shares entitled to receive a dividend or other distribution payable in additional shares of Ordinary Shares, then and in each such event, event the number of Ordinary Shares issuable upon exercise of this Warrant shall be increased as of the time of such issuance or, in the event such a record date is fixed, as of the close of business on such record date, by multiplying the number of Ordinary Shares issuable upon exercise of this Warrant by a fraction: (i) the numerator of which shall be the total number of Ordinary Shares issued and outstanding immediately prior to the time of such issuance or the close of business on such record date plus the number of Ordinary Shares issuable in payment of such dividend or distribution; , and (ii) the denominator of which is the total number of shares of Ordinary Shares issued and outstanding immediately prior to the time of such issuance or the close of business on such record date; providedPROVIDED, howeverHOWEVER, that if such record date is fixed and such dividend is not fully paid or if such distribution is not fully made on the date fixed thereof, the number of Ordinary Shares issuable upon exercise of this Warrant shall be recomputed accordingly as of the close of business on such record date and thereafter the number of shares of Ordinary Shares issuable upon exercise of this Warrant shall be adjusted pursuant to this Section 7(b) as of the time of the actual payment of such dividends or distributiondistributions.

Adjustment for Certain Dividends and Distributions. In the event the Company at any time, or from time to timetime makes, makes or fixes a record date for the determination of holders of Ordinary Shares entitled to receive a dividend or other distribution payable in additional shares of Ordinary Shares, then and in each such event, event the number of Ordinary Shares issuable upon exercise of this Warrant shall be increased as of the time of such issuance or, in the event such a record date is fixed, as of the close of business on such record date, by multiplying the number of Ordinary Shares issuable upon exercise of this Warrant by a fraction: (i) the numerator of which shall be the total number of Ordinary Shares issued and outstanding immediately prior to the time of such issuance or the close of business on such record date plus the number of Ordinary Shares issuable in payment of such dividend or distribution; , and (ii) the denominator of which is the total number of shares of Ordinary Shares issued and outstanding immediately prior to the time of such issuance or the close of business on such record date; provided, however, that if such record date is fixed and such dividend is not fully paid or if such distribution is not fully made on the date fixed thereof, the number of Ordinary Shares issuable upon exercise of this Warrant shall be recomputed accordingly as of the close of business on such record date and thereafter the number of shares of Ordinary Shares issuable upon exercise of this Warrant shall be adjusted pursuant to this Section 7(b) as of the time of the actual payment of such dividends or distributiondistributions.