Reclassification, Exchange, Combinations or Substitution. Upon any event whereby all of the outstanding Ordinary Shares are reclassified, exchanged, combined, substituted, or replaced for, into, with or by Company securities of a different class and/or series, then from and after the consummation of such event, the Warrant Price shall be proportionately adjusted to the value per share for the Ordinary Shares reflected by the terms of such reclassification, exchange, combination, substitution, replacement or other similar event, and this Warrant will be exercisable for the number, class and series of Company securities that Holder would have received had the Shares been outstanding on and as of the consummation of such event, and subject to further adjustment thereafter from time to time in accordance with the provisions of this Warrant. The provisions of this Section 2.2 shall similarly apply to successive reclassifications, exchanges, combinations, substitutions, replacements or other similar events.
Appears in 4 contracts
Samples: Lombard Medical, Inc., Lombard Medical, Inc., Lombard Medical, Inc.
