Common use of Adjustment for Reclassification, Exchange, or Substitution Clause in Contracts

Adjustment for Reclassification, Exchange, or Substitution. If the Common Stock issuable upon the exercise of the Warrants shall be changed into the same or a different number of shares of any class or classes of stock, whether by capital reorganization, reclassification or otherwise (other than a subdivision or combination of shares or stock dividend provided for above, or a reorganization, merger, consolidation, or sale of assets provided for below), then and in each such event the holder of the Warrants shall have the right thereafter to convert each such share of Common Stock issuable upon the exercise of the Warrants into the kind and amount of shares of stock and other securities and property receivable upon such reorganization, reclassification, or other change, by holders of the number of shares of Common Stock for which such Warrants might have been exercised immediately prior to such reorganization, reclassification, or change, all subject to further adjustment as provided herein.

Appears in 7 contracts

Samples: Warrant Agreement (I Link Inc), Warrant Agreement (Medcross Inc), Warrant Agreement (Sandler Capital Management)

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Adjustment for Reclassification, Exchange, or Substitution. If the Common Stock (or Other Securities) issuable upon the exercise of the Warrants this Warrant shall be changed into the same or a different number of shares of any class or classes of stock, whether by capital reorganization, reclassification reclassification, or otherwise (other than a subdivision or combination of shares or stock dividend provided for above, or a reorganization, merger, consolidation, or sale of assets provided for below), then and in each such event the holder of the Warrants Holder shall have the right thereafter to convert each such share of Common Stock issuable upon the exercise of the Warrants this Warrant into the kind and amount of shares of stock and other securities and property receivable upon such reorganization, reclassification, or other change, by holders of the number of shares of Common Stock for (or Other Securities) into which such Warrants this Warrant might have been exercised immediately prior to such reorganization, reclassification, or change, all subject to further adjustment as provided herein.

Appears in 7 contracts

Samples: Stockholders Agreement (General Devices Inc), General Devices Inc, General Devices Inc

Adjustment for Reclassification, Exchange, or Substitution. If the Common Stock issuable upon the exercise of the Warrants this Warrant shall be changed into the same or a different number of shares of any class or classes of stock, whether by capital reorganization, reclassification reclassification, or otherwise (other than a subdivision or combination of shares or stock dividend provided for above, or a reorganization, merger, consolidation, share exchange or sale of assets provided for below), then and in each such event the holder of the Warrants this Warrant shall have the right thereafter to convert each such share of Common Stock issuable upon the exercise of the Warrants into this Warrant for the kind and amount of shares of stock and other securities and property receivable upon such reorganization, reclassification, or other change, by holders of the number of shares of Common Stock for into which such Warrants this Warrant might have been exercised converted immediately prior to such reorganization, reclassification, or change, all subject to further adjustment as provided herein.

Appears in 6 contracts

Samples: PSM Holdings Inc, PSM Holdings Inc, PSM Holdings Inc

Adjustment for Reclassification, Exchange, or Substitution. If the Common Stock issuable purchasable upon the exercise of the Warrants this Warrant shall be changed into the same or a different number of shares of any class or classes of stock, whether by capital reorganization, reclassification reclassification, or otherwise (other than a subdivision or combination of shares or stock dividend provided for above, or a reorganization, merger, consolidation, consolidation or sale of assets provided for below), then and in each such event the holder of the Warrants this Warrant shall have the right thereafter to convert each such share of Common Stock issuable be issued upon the exercise of the Warrants into this Warrant the kind and amount amounts of shares of stock and other securities and property receivable upon such reorganization, reclassification, reclassification or other change, by holders of the number of shares of Common Stock for which such Warrants might have been exercised purchasable upon exercise of the Warrant immediately prior to such reorganization, reclassification, or change, all subject to further adjustment as provided herein.

Appears in 5 contracts

Samples: Genomic Solutions Inc, Genomic Solutions Inc, Genomic Solutions Inc

Adjustment for Reclassification, Exchange, or Substitution. If the Common Stock issuable upon the exercise of the Warrants this Warrant shall be changed into the same or a different number of shares of any class or classes of stock, whether by capital reorganizationreclassification, reclassification exchange, substitution, or otherwise (other than a subdivision stock split, combination or combination of shares or stock dividend provided for abovein Sections 2.2 or 2.3 hereof, or a reorganization, merger, consolidation, or sale of assets provided for belowin Section 2.5 hereof), then and in each such event the holder of the Warrants Holder shall have the right thereafter to convert each such share of Common Stock issuable receive upon the exercise of the Warrants into this Warrant, the kind and amount of shares of stock and other securities and property receivable upon such reorganizationreclassification, reclassificationexchange, substitution, or other change, by holders change as a holder of the number of shares of Common Stock for which such Warrants might this Warrant would have been exercised exercisable immediately prior to such reorganization, reclassification, exchange, substitution, or change, all subject to further adjustment as provided hereinother change would have had.

Appears in 3 contracts

Samples: Registration Rights Agreement (International Aircraft Investors), Registration Rights Agreement (International Aircraft Investors), Registration Rights Agreement (International Aircraft Investors)

Adjustment for Reclassification, Exchange, or Substitution. If the Common Stock issuable upon the exercise conversion of the Warrants Debentures shall be changed into the same or a different number of shares of any class or classes of stock, whether by capital reorganization, reclassification or otherwise (other than a subdivision or combination of shares or stock dividend provided for above, or a reorganization, merger, consolidation, consolidation or sale of assets provided for in Section 4.5(e) below), then and in each such event the holder of the Warrants each Debenture shall have the right thereafter to convert each such share of Common Stock issuable upon the exercise of the Warrants Debenture into the kind and amount of shares of stock and other securities and property receivable upon such reorganization, reclassification, reclassification or other change, by as holders of the number of shares of Common Stock for into which such Warrants Debenture might have been exercised converted immediately prior to such reorganization, reclassification, reclassification or change, all subject to further adjustment as provided herein.

Appears in 3 contracts

Samples: Securities Purchase Agreement (American Virtual Cloud Technologies, Inc.), Convertible Debenture (American Virtual Cloud Technologies, Inc.), Convertible Debenture (American Virtual Cloud Technologies, Inc.)

Adjustment for Reclassification, Exchange, or Substitution. If the Common Series BB Preferred Stock issuable upon the exercise of the Warrants Warrant shall be changed into the same or a different number of shares of any class or classes of stock, whether by capital reorganization, reclassification or otherwise (other than a subdivision or combination of shares or stock dividend provided for above, or a reorganization, merger, consolidation, or sale of assets provided for below), then and in each such event the holder of the Warrants each Warrant Share shall have the right thereafter to convert each such share of Common Stock issuable upon the exercise of the Warrants Warrant Share into the kind and amount of shares of stock and other securities and property receivable upon such reorganization, reclassification, or other change, by holders of the number of shares of Common Series BB Preferred Stock for which such Warrants the Warrant might have been exercised immediately prior to such reorganization, reclassification, or change, all subject to further adjustment as provided herein.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Metastorm Inc), Stock Purchase Agreement (Metastorm Inc)

Adjustment for Reclassification, Exchange, or Substitution. If the Common Stock issuable upon the exercise conversion of the Warrants shall be changed into the same or a different number of shares of any class or classes of stock, whether by capital reorganization, reclassification reclassification, or otherwise (other than a subdivision or combination of shares or stock dividend provided for above, or a reorganization, merger, consolidation, or sale of assets provided for belowabove), then and in each such event the holder Registered Holders of the Warrants each Warrant shall have the right thereafter to convert each such share of Common Stock issuable upon the exercise of the Warrants Warrant into the kind and amount of shares of stock and other securities and property receivable upon such reorganization, reclassification, or other change, by holders of the number of shares of Common Stock for into which such Warrants might have been exercised converted immediately prior to such reorganization, reclassification, or change, all subject to further adjustment as provided herein.

Appears in 2 contracts

Samples: Warrant Agreement (Brazil Fast Food Corp), Warrant Agreement (Aig Latin America Equity Partners LTD)

Adjustment for Reclassification, Exchange, or Substitution. If the Company Common Stock issuable upon the exercise of the Warrants this Warrant Certificate shall be changed into the same or a different number of shares of any class or classes of stock, whether by capital reorganization, reclassification reclassification, or otherwise (other than a subdivision or combination of shares or stock dividend provided for above, or a reorganization, merger, consolidation, or sale of assets provided for below), then and in each such event the holder of the Warrants Warrantholder shall have the right thereafter to convert each such share of Common Stock issuable upon the exercise of the Warrants into this Warrant Certificate for the kind and amount of shares of stock and other securities and property receivable upon such reorganization, reclassification, or other change, by holders of the number of shares of Company Common Stock for into which such Warrants might have been exercised this Warrant Certificate was exercisable immediately prior to such reorganization, reclassification, or change, all subject to further adjustment as provided herein.

Appears in 2 contracts

Samples: Credit Agreement (Applied Graphics Technologies Inc), Credit Agreement (Applied Graphics Technologies Inc)

Adjustment for Reclassification, Exchange, or Substitution. If --------------------------------------------------------- the Common Stock Warrant Shares issuable upon the exercise of the Warrants this Warrant shall be changed into the same or a different number of shares of any class or classes of stock, whether by capital reorganization, reclassification reclassification, or otherwise (other than a subdivision or combination of shares or stock dividend provided for above, or a reorganization, merger, consolidation, or sale of assets provided for below), ) then and in each such event the holder of the Warrants Registered Holder shall have the right thereafter in lieu of exercising this Warrant for such Warrant Shares to convert each such share of Common Stock issuable upon the exercise of the Warrants into this Warrant for the kind and amount of shares of stock and other securities and property receivable upon such reorganization, reclassification, reclassification or other change, by holders of the number of shares of Common Stock such Warrant Shares for which such Warrants might have been exercised this Warrant was exercisable immediately prior to such reorganization, reclassification, reclassification or change, all subject to further adjustment as provided herein.

Appears in 1 contract

Samples: Proton Energy Systems Inc

Adjustment for Reclassification, Exchange, or Substitution. If the Common Stock issuable upon the exercise of the Series K Warrants shall be changed into the same or a different number of shares of any class or classes of stock, whether by capital reorganization, reclassification or otherwise (other than a subdivision or combination of shares or stock dividend provided for above, or a reorganization, merger, consolidation, or sale of assets provided for below), then and in each such event the holder of the Series K Warrants shall have the right thereafter to convert each such share of Common Stock issuable upon the exercise of the Series K Warrants into the kind and amount of shares of stock and other securities and property receivable upon such reorganization, reclassification, or other change, by holders of the number of shares of Common Stock for which such Series K Warrants might have been exercised immediately prior to such reorganization, reclassification, or change, all subject to further adjustment as provided herein.

Appears in 1 contract

Samples: Series K Warrant Agreement (I Link Inc)

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Adjustment for Reclassification, Exchange, or Substitution. If the Common Stock issuable upon the exercise of the Warrants shall be changed into the same or a different number of shares of any class or classes of stock, whether by capital reorganization, reclassification or otherwise (other than a subdivision or combination of shares or stock dividend provided for above, or a reorganization, merger, consolidation, or sale of assets provided for below), then and in each such event the holder of the Warrants shall have the right thereafter to convert each such share of Common Stock issuable upon the exercise of the Warrants into the kind and amount of shares of stock and other securities and property receivable upon such reorganization, reclassification, or other change, by holders of the number of shares of Common Stock for which such Warrants might have been exercised immediately prior to such reorganization, reclassification, or change, all subject to further adjustment as provided herein.

Appears in 1 contract

Samples: Warrant Agreement (I Link Inc)

Adjustment for Reclassification, Exchange, or Substitution. If the Common Stock issuable upon the exercise of the Warrants this Warrant shall be changed into the same or a different number of shares of any class or classes of stock, whether by capital reorganizationreclassification, reclassification exchange, substitution, or otherwise (other than a subdivision stock split, combination or combination of shares or stock dividend provided for abovein Sections 2.2 or 2.3 hereof, or a reorganization, merger, consolidation, or sale of assets provided for belowin Section 2.5 hereof), then and in each such event the holder of the Warrants Holder shall have the right thereafter to convert each such share of Common Stock issuable receive upon the exercise of the Warrants into this Warrant, the kind and amount of shares of stock and other securities and property receivable upon such reorganizationreclassification, reclassificationexchange, substitution, or other change, by holders change as a holder of the number of shares of Common Stock for which such Warrants might this Warrant would have been exercised exercisable immediately prior to such reorganization, reclassification, or changeexchange, all subject to further adjustment as provided hereinsubstitution, other change would have had.

Appears in 1 contract

Samples: Registration Rights Agreement (Periscope Sportswear Inc)

Adjustment for Reclassification, Exchange, or Substitution. If the Series A Common Stock issuable upon the exercise of the Warrants shall be changed into the same or a different number of shares of any class or classes of stock, whether by capital reorganization, reclassification or otherwise (other than a subdivision or combination of shares or stock dividend provided for above, or a reorganization, merger, consolidation, consolidation or sale of assets provided for belowelsewhere in this Section 4.5), then and in each such event the holder of the Warrants a Warrant shall have the right thereafter to convert each such share of Common Stock issuable receive upon the exercise of the Warrants into such Warrant the kind and amount of shares of stock and other securities and property receivable upon such reorganization, reclassification, reclassification or other change, by holders of the maximum number of shares of Series A Common Stock for which as the holder of a Warrant could have received upon exercise of such Warrants might have been exercised Warrant immediately prior to such reorganization, reclassification, reclassification or change, all subject to further adjustment as provided herein.

Appears in 1 contract

Samples: Warrant Agreement (Healthplan Services Corp)

Adjustment for Reclassification, Exchange, or Substitution. If the Common Stock issuable upon the exercise of the Warrants shall be changed into the same or a different number of shares of any class or classes of stock, whether by capital reorganization, reclassification or otherwise (other than a subdivision or combination of shares or stock dividend provided for above, or a reorganization, merger, consolidation, consolidation or sale of assets provided for below)elsewhere in this Section 8), then and in each such event the holder of the Warrants each Warrant shall have the right thereafter to exercise and convert each such share of Common Stock issuable upon the exercise Warrant, after payment of the Warrants Warrant Price, into the kind and amount amounts of shares of stock and other securities and property receivable upon such reorganization, reclassification, reclassification or other change, by holders of the maximum number of shares of Common Stock for into which such Warrants might could have been exercised converted immediately prior to such reorganization, reclassification, reclassification or change, all subject to further adjustment as provided herein.

Appears in 1 contract

Samples: Warrant Purchase Agreement (Athersys Inc /Oh)

Adjustment for Reclassification, Exchange, or Substitution. If the Common Stock Class A Shares issuable upon the exercise of the Warrants this Warrant Certificate shall be changed into the same or a different number of shares of any class or classes of stock, whether by capital reorganization, reclassification reclassification, or otherwise (other than a subdivision or combination of shares or stock share dividend provided for above, or a reorganization, merger, consolidation, or sale of assets provided for below), then and in each such event the holder of the Warrants Warrantholder shall have the right thereafter to convert each such share of Common Stock issuable upon the exercise of the Warrants into this Warrant Certificate for the kind and amount of shares of stock and other securities and property receivable upon such reorganization, reclassification, or other change, by holders of the number of shares of Common Stock for Class A Shares into which such Warrants might have been exercised this Warrant Certificate was exercisable immediately prior to such reorganization, reclassification, or change, all subject to further adjustment as provided herein.

Appears in 1 contract

Samples: Starwood Financial Trust

Adjustment for Reclassification, Exchange, or Substitution. If the Common Stock issuable purchasable upon the exercise of the Warrants this warrant shall be changed into the same or a different number of shares of any class or classes of stock, whether by capital reorganization, reclassification reclassification, or otherwise (other than a subdivision or combination of shares or stock dividend provided for above, or a reorganization, merger, consolidation, consolidation or sale of assets provided for below), then and in each such event the holder of the Warrants this Warrant shall have the right thereafter to convert each such share of Common Stock issuable be issued upon the exercise of the Warrants into this Warrant the kind and amount amounts of shares of stock and other securities and property receivable upon such reorganization, reclassification, reclassification or other change, by holders of the number of shares of Common Stock for which such Warrants might have been exercised purchasable upon exercise of the Warrant immediately prior to such reorganization, reclassification, or change, all subject to further adjustment as provided herein.

Appears in 1 contract

Samples: Genomic Solutions Inc

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