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 conversion of the Series E Preferred Stock 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), then and in each such event the holder of each share of Series E Preferred Stock shall have the right thereafter to convert such 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 Stock into which such shares of Series E Preferred Stock might have been converted immediately prior to such reorganization, reclassification, or change, all subject to further adjustment as provided herein.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Amen Properties Inc), Securities Purchase Agreement (Amen Properties Inc)

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Adjustment for Reclassification, Exchange, or Substitution. If the Common Stock issuable upon the conversion of the Series E Preferred Stock 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 shares, stock dividend or reorganization, reclassification, merger, consolidation or asset sale provided for aboveelsewhere in this Section 6), then and in each such event the holder of each share of Series E Preferred Stock Holder shall have the right thereafter to convert such share this Note 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 into which such shares of Series E Preferred Stock this Note might have been converted immediately prior to such reorganization, reclassification, or change, all subject to further adjustment as provided hereinherein or with respect to such other securities or property by the terms thereof.

Appears in 1 contract

Samples: Zix Corp

Adjustment for Reclassification, Exchange, or Substitution. If the Common Stock issuable upon the conversion of the Series E A Preferred Stock 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 each such share of Series E A Preferred Stock shall have the right thereafter to convert such share into 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 into which such shares of Series E A Preferred Stock might have been converted immediately prior to such reorganization, reclassification, reclassification or change, all subject to further adjustment as provided herein.

Appears in 1 contract

Samples: Unit Purchase Agreement (Agritope Inc)

Adjustment for Reclassification, Exchange, or Substitution. If the Common Stock issuable upon the conversion of the Series E AA Preferred Stock 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 of 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 each such share of Series E AA Preferred Stock shall have the right thereafter to convert such 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 Stock into which such shares of Series E AA Preferred Stock might have been converted immediately prior to such reorganization, reclassification, or change, all subject to further adjustment as provided herein.

Appears in 1 contract

Samples: Stock Purchase Agreement (Metastorm Inc)

Adjustment for Reclassification, Exchange, or Substitution. If the Common Stock issuable upon the conversion of the Series E CC Preferred Stock 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 each such share of Series E CC Preferred Stock shall have the right thereafter to convert such 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 Stock into which such shares of Series E CC Preferred Stock might have been converted immediately prior to such reorganization, reclassification, or change, all subject to further adjustment as provided herein.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Metastorm Inc)

Adjustment for Reclassification, Exchange, or Substitution. If the shares of Common Stock issuable upon the conversion of the shares of Series E A Preferred Stock 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), then and in each such event the holder of each such share of Series E A Preferred Stock shall have the right thereafter to convert such share into the kind and amount of shares of stock and other securities and property receivable receivable, upon such reorganization, reclassification, or other change, by holders of the number of shares of Common Stock into which such shares of Series E A Preferred Stock might have been converted immediately prior to such reorganization, reclassification, or change, all subject to further adjustment as provided herein.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Mobile Mini Inc)

Adjustment for Reclassification, Exchange, or Substitution. If the Common Stock issuable upon the conversion of the Series E BB Preferred Stock 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 of 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 each such share of Series E BB Preferred Stock shall have the right thereafter to convert such 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 Stock into which such shares of Series E BB Preferred Stock might have been converted immediately prior to such reorganization, reclassification, or change, all subject to further adjustment as provided herein.

Appears in 1 contract

Samples: Stock Purchase Agreement (Metastorm Inc)

Adjustment for Reclassification, Exchange, or Substitution. If the Common Stock issuable upon the conversion of the Series E A Preferred Stock 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 elsewhere in this paragraph (f)), then and in each such event the holder of each share of Series E A Preferred Stock shall have the right thereafter to convert such share into 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 into which such shares of Series E A Preferred Stock might have been converted immediately prior to such reorganization, reclassification, or change, all subject to further adjustment as provided herein.

Appears in 1 contract

Samples: Securities Purchase Agreement (Action Products International Inc)

Adjustment for Reclassification, Exchange, or Substitution. If the Common Stock issuable upon the conversion of the Series E F Preferred Stock 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), then and in each such event the holder of each share of Series E F Preferred Stock shall have the right thereafter to convert such share into 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 into which such shares of Series E F Preferred Stock might have been converted immediately prior to such reorganization, reclassification, reclassification or change, all subject to further adjustment as provided herein.

Appears in 1 contract

Samples: Exhibit 10 Agreement (Oxis International Inc)

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Adjustment for Reclassification, Exchange, or Substitution. If the Common Stock issuable upon the conversion of the Series E AA Preferred Stock 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 each such share of Series E AA Preferred Stock shall have the right thereafter to convert such 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 Stock into which such shares of Series E AA Preferred Stock might have been converted immediately prior to such reorganization, reclassification, or change, all subject to further adjustment as provided herein.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Metastorm Inc)

Adjustment for Reclassification, Exchange, or Substitution. If the Common Stock issuable upon the conversion of the Series E C Preferred Stock 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 elsewhere in this paragraph (g)), then and in each such event the holder of each share of Series E C Preferred Stock shall have the right thereafter to convert such share into 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 into which such shares of Series E C Preferred Stock might have been converted immediately prior to such reorganization, reclassification, or change, all subject to further adjustment as provided herein.

Appears in 1 contract

Samples: Convertible Note and Warrant Purchase Agreement (Eco2 Plastics Inc)

Adjustment for Reclassification, Exchange, or Substitution. If the Common Stock issuable upon the conversion of the Series E A Preferred Stock 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 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 each such share of Series E A Preferred Stock shall have the right thereafter to convert such 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 Stock into which such shares of Series E A Preferred Stock might have been converted immediately prior to such reorganization, reclassification, or change, all subject to further adjustment as provided herein.

Appears in 1 contract

Samples: Agreement and Plan of Merger (At&t Latin America Corp)

Adjustment for Reclassification, Exchange, or Substitution. If the Class A Common Stock issuable upon the conversion of the Series E A Preferred Stock 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 each such share of Series E A Preferred Stock shall have the right thereafter to convert such share into the kind and amount of shares of stock and other securities and property receivable receivable, upon such reorganization, reclassification, or other change, by holders of the number of shares of Class A Common Stock into which such shares of Series E A Preferred Stock might have been converted immediately prior to such reorganization, reclassification, or change, all subject to further adjustment as provided herein.

Appears in 1 contract

Samples: Stock Purchase Agreement (Standard Diversified Inc.)

Adjustment for Reclassification, Exchange, or Substitution. If the Common Stock issuable upon the conversion of the Series E Preferred Stock 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 elsewhere in this Paragraph 7), then and in each such event the holder of each share of Series E Preferred Stock shall have the right thereafter to convert such 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 Stock into which such shares of Series E Preferred Stock might have been converted immediately prior to such reorganization, reclassification, or change, all subject to further adjustment adjustments as provided herein.

Appears in 1 contract

Samples: Second Stock Purchase Agreement (Premier Concepts Inc /Co/)

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