Common use of Adjustment of Number of Common Shares Clause in Contracts

Adjustment of Number of Common Shares. ‌ The acquisition rights as they relate to Common Shares, attaching to the Warrants in effect at any date, and the Exercise Price in respect thereof, shall be subject to adjustment from time to time as follows: (a) If and whenever at any time prior to the Time of Expiry shall (i) subdivide or redivide the outstanding Common Shares into a greater number of shares, (ii) reduce, combine or consolidate the outstanding Common Shares into a smaller number of shares, or‌

Appears in 1 contract

Sources: Warrant Indenture

Adjustment of Number of Common Shares. The acquisition rights as they relate to Common Shares, attaching to the Warrants in effect at any date, and the Exercise Price in respect thereof, shall be subject to adjustment from time to time as follows: (a) If and whenever at any time prior to the Time of Expiry shall (i) subdivide or redivide the outstanding Common Shares into a greater number of shares, (ii) reduce, combine or consolidate the outstanding Common Shares into a smaller number of shares, or‌or

Appears in 1 contract

Sources: Warrant Indenture