Common use of Common Share Reorganization Clause in Contracts

Common Share Reorganization. If prior to the Automatic Conversion the Company does any of the following: (i) In the event of a Common Share Reorganization, the number of Shares issuable pursuant to the Automatic will be adjusted to give the Special Warrant Holder the same number of Special Warrants as it would have had Shares if the Automatic Conversion had been completed prior to the Common Share Reorganization.

Appears in 2 contracts

Sources: Special Warrant Subscription Agreement, Special Warrant Subscription Agreement