Common use of Split-Ups Clause in Contracts

Split-Ups. If after the date hereof, and subject to the provisions of Section 4.6 below, the number of outstanding Ordinary Shares is increased by a share dividend payable in Ordinary Shares, or by a split-up of Ordinary Shares or other similar event, then, on the effective date of such share dividend, split-up or similar event, the number of Ordinary Shares issuable on exercise of each Warrant shall be increased in proportion to such increase in the outstanding Ordinary Shares. A rights offering to all holders of the Ordinary Shares entitling holders to purchase Ordinary Shares at a price less than the “Fair Market Value” (as defined below) shall be deemed a share dividend of a number of Ordinary Shares equal to the product of (i) the number of Ordinary Shares actually sold in such rights offering (or issuable under any other equity securities actually sold in such rights offering that are convertible into or exercisable for the Ordinary Shares) multiplied by (ii) the quotient of (x) the Fair Market Value less the price per share of the Ordinary Shares paid in such rights offering divided by (y) the Fair Market Value.

Split-Ups. If after the date hereof, and subject to the provisions of Section 4.6 below, the number of outstanding Ordinary Shares shares of Common Stock is increased by a share stock dividend payable in Ordinary Sharesshares of Common Stock, or by a split-up of Ordinary Shares shares of Common Stock or other similar event, then, on the effective date of such share stock dividend, split-up or similar event, the number of Ordinary Shares shares of Common Stock issuable on exercise of each Warrant shall be increased in proportion to such increase in the outstanding Ordinary Sharesshares of Common Stock. A rights offering to all holders of the Ordinary Shares Common Stock entitling holders to purchase Ordinary Shares shares of Common Stock at a price less than the “Fair Market Value” (as defined below) shall be deemed a share stock dividend of a number of Ordinary Shares shares of Common Stock equal to the product of (i) the number of Ordinary Shares shares of Common Stock actually sold in such rights offering (or issuable under any other equity securities actually sold in such rights offering that are convertible into or exercisable for the Ordinary SharesCommon Stock) multiplied by (ii) the quotient of (x) the Fair Market Value less the price per share of the Ordinary Shares paid in such rights offering divided by (y) the Fair Market Value.by

Split-Ups. If after the date hereof, and subject to the provisions of Section 4.6 below, the number of outstanding Ordinary Shares shares of Common Stock is increased by a share stock dividend payable in Ordinary Sharesshares of Common Stock, or by a split-up of Ordinary Shares shares of Common Stock or other similar event, then, on the effective date of such share stock dividend, split-up or similar event, the number of Ordinary Shares shares of Common Stock issuable on exercise of each Warrant shall be increased in proportion to such increase in the outstanding Ordinary Sharesshares of Common Stock. A rights offering to all holders of the Ordinary Shares Common Stock entitling holders to purchase Ordinary Shares shares of Common Stock at a price less than the “Fair Market Value” (as defined below) shall be deemed a share stock dividend of a number of Ordinary Shares shares of Common Stock equal to the product of (i) the number of Ordinary Shares shares of Common Stock actually sold in such rights offering (or issuable under any other equity securities actually sold in such rights offering that are convertible into or exercisable for the Ordinary SharesCommon Stock) multiplied by (ii) one (1) minus the quotient of (x) the Fair Market Value less the price per share of the Ordinary Shares Common Stock paid in such rights offering divided by (y) the Fair Market Value.. For purposes of this subsection 4.1.1,

Split-Ups. If after the date hereof, and subject to the provisions of Section 4.6 below, the number of outstanding Ordinary Shares is increased by a share dividend payable in Ordinary Shares, or by a split-up of Ordinary Shares or other similar event, then, on the effective date of such share dividend, split-up or similar event, the number of Ordinary Shares issuable on exercise of each Warrant shall be increased in proportion to such increase in the outstanding Ordinary Shares. A rights offering to all holders of the Ordinary Shares entitling holders to purchase Ordinary Shares at a price less than the “Fair Market Value” (as defined below) shall be deemed a share dividend of a number of Ordinary Shares equal to the product of (i) the number of Ordinary Shares actually sold in such rights offering (or issuable under any other equity securities actually sold in such rights offering that are convertible into or exercisable for the Ordinary Shares) multiplied by (ii) the quotient of (x) the Fair Market Value less the price per share of the Ordinary Shares paid in such rights offering divided by (y) the Fair Market Value.per

Split-Ups. If after the date hereof, and subject to the provisions of Section 4.6 below, the number of outstanding Ordinary Shares is increased by a share stock dividend payable in Ordinary Shares, or by a split-up of Ordinary Shares or other similar event, then, on the effective date of such share stock dividend, split-up or similar event, the number of Ordinary Shares issuable on exercise of each Warrant shall be increased in proportion to such increase in the outstanding Ordinary Shares. A rights offering to all holders of the Ordinary Shares entitling holders to purchase Ordinary Shares at a price less than the “Fair Market Value” (as defined below) shall be deemed a share stock dividend of a number of Ordinary Shares equal to the product of (i) the number of Ordinary Shares actually sold in such rights offering (or issuable under any other equity securities actually sold in such rights offering that are convertible into or exercisable for the Ordinary Shares) multiplied by and (ii) one (1) minus the quotient of (x) the Fair Market Value less the price per share of the Ordinary Shares Share paid in such rights offering divided by (y) the Fair Market Value.. For purposes of this subsection 4.1.1, (i) if the rights offering is for securities convertible into or exercisable for Ordinary Shares, in determining the price payable for Ordinary Shares, there shall