Common use of Reclassifications Clause in Contracts

Reclassifications. A reclassification of the Common Stock (other than any such reclassification in connection with a Transaction to which Section 5.1(f) applies) into shares of Common Stock and shares of any other class of stock shall be deemed, if the outstanding shares of Common Stock shall be changed into a larger or smaller number of shares of Common Stock as a part of such reclassification, a subdivision or combination, as the case may be, of the outstanding shares of Common Stock for the purposes and within the meaning of Section 5.1(a) (and the effective date of such reclassification shall be deemed to be “the date upon which such subdivision becomes effective” or “the date upon which such combination becomes effective,” as applicable, for the purposes and within the meaning of Section 5.1(a)).

Appears in 10 contracts

Samples: Warrant Agreement (Bonanza Creek Energy, Inc.), Warrant Agreement (Whiting Petroleum Corp), Warrant Agreement (Extraction Oil & Gas, Inc.)

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