Subdivision or Consolidation. No subdivision or consolidation of the Proportionate Voting Shares may be carried out unless, at the same time, the Common Shares and Exchangeable Shares are subdivided or consolidated in a manner so as to preserve the relative rights of the holders of each class of securities.
Appears in 4 contracts
Samples: Arrangement Agreement (TerrAscend Corp.), Agreement, Agreement
Subdivision or Consolidation. No subdivision or consolidation of the Proportionate Voting Exchangeable Shares may be carried out unless, at the same time, the Common Proportionate Voting Shares and Exchangeable Common Shares are subdivided or consolidated in a manner so as to preserve the relative rights of the holders of each class of securities.
Appears in 4 contracts
Samples: Arrangement Agreement (JW Asset Management, LLC), Agreement, Arrangement Agreement (TerrAscend Corp.)
Subdivision or Consolidation. No subdivision or consolidation of the Proportionate Voting Common Shares may be carried out unless, at the same time, the Common Proportionate Voting Shares and Exchangeable Shares are subdivided or consolidated in a manner so as to preserve the relative rights of the holders of each class of securities.
Appears in 4 contracts
Samples: Agreement, Arrangement Agreement (JW Asset Management, LLC), Agreement
Subdivision or Consolidation. No subdivision or consolidation of the Proportionate Non-Participating Voting Shares may or the Subordinate Voting Shares shall be carried out unless, at the same time, the Common Subordinate Voting Shares and Exchangeable Shares or the Non-Participating Voting Shares, as the case may be, are subdivided or consolidated in a the same manner so as to preserve and on the relative rights of the holders of each class of securitiessame basis.
Appears in 1 contract
Samples: Merger Agreement
Subdivision or Consolidation. No subdivision or consolidation of the Proportionate Subordinate Voting Shares may be carried out shall occur unless, at the same timesimultaneously, the Common Shares and Exchangeable Multiple Voting Shares are subdivided or consolidated in a the same manner or such other adjustment is made so as to maintain and preserve the relative rights of the holders of the shares of each class of securitiesthe said classes.
Appears in 1 contract
Subdivision or Consolidation. No subdivision or consolidation of the Proportionate Multiple Voting Shares may or the Subordinate Voting Shares shall be carried out unless, at the same time, the Common Multiple Voting Shares and Exchangeable Shares or the Subordinate Voting Shares, as the case may be, are subdivided or consolidated in a the same manner and on the same basis so as to preserve the relative rights economic and voting interests of the holders of each class of securitiestwo classes.
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