Cash Dividend. If the Company pays any cash dividend to holders of Ordinary Shares or ADSs, it shall simultaneously pay to the Holder the amount by which any dividend that would have been payable in respect of the Warranty ADSs had this Warrant been exercised prior to the relevant record date for the payment of such cash dividend exceeds the Notional Interest Amount then accrued.
Appears in 4 contracts
Samples: Convertible Note and Warrant Purchase Agreement, Convertible Note and Warrant Purchase Agreement, Convertible Note and Warrant Purchase Agreement (The9 LTD)