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

Adjustment for Reclassification, Exchange, or Substitution. If the shares of Common Stock issuable upon the conversion of this Note shall be changed into the same or a different number of shares of any class or classes of shares, whether by capital reorganization, reclassification, or otherwise (other than a subdivision or combination of shares, share dividend or reorganization, reclassification, merger, consolidation or asset sale provided for elsewhere in this Section 3), then and in each such event the Holder’s right to receive Conversion Shares upon conversion of this Note shall be automatically changed into the right to convert this Note into the kind and amount of shares 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 the Note might have been converted immediately prior to such reorganization, reclassification, or change, all subject to further adjustment as provided herein or with respect to such other securities or property by the terms thereof.

Appears in 1 contract

Samples: Convertible Note Purchase Agreement (Hut 8 Corp.)

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Adjustment for Reclassification, Exchange, or Substitution. If the shares of Common Stock issuable upon the conversion of this Note hereof (and the Other Notes) shall be changed into the same or a different number of shares of any class or classes of sharesstock, whether by capital reorganization, reclassification, or otherwise (other than a subdivision or combination of shares, share stock dividend or reorganization, reclassification, merger, consolidation or asset sale provided 104 for elsewhere in this Section 3)8), then and in each such event the Holder’s right to receive Conversion Shares upon conversion of this Note Holder shall be automatically changed into have the right thereafter to convert 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 this Note and all the Note Other Notes might have been converted immediately prior to such reorganization, reclassification, or change, all subject to further adjustment as provided herein or with respect to such other securities or property by the terms thereof.

Appears in 1 contract

Samples: Share Purchase Agreement (Euronet Worldwide Inc)

Adjustment for Reclassification, Exchange, or Substitution. If the shares of A Common Stock issuable upon the conversion of this Note the Notes shall be changed into the same or a different number of shares of any class or classes of sharesstock, whether by capital reorganization, reclassification, or otherwise (other than a subdivision or combination of shares, share stock dividend or reorganization, reclassification, merger, consolidation or consolidation, asset sale or other event provided for elsewhere in this Section 34), then and in each such event the Holder’s right to receive Conversion Shares upon conversion holder of this each Note (whether then outstanding or thereafter issued) shall be automatically changed into have the right thereafter to convert this such 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 A Common Stock into which the Note all such Notes might have been converted immediately prior to such reorganization, reclassification, or change, all subject to further adjustment as provided herein or with respect to such other securities or property by the terms thereof.

Appears in 1 contract

Samples: Convertible Junior Subordinated Promissory Note (Gartner Inc)

Adjustment for Reclassification, Exchange, or Substitution. If the shares of Common Stock Ordinary Shares issuable upon the conversion of this Note the Notes shall be changed into the same or a different number of shares of any class or classes of shares, whether by capital reorganization, reclassification, or otherwise (other than a subdivision or combination of shares, share dividend or reorganization, reclassification, merger, consolidation or asset sale provided for elsewhere in this Section 34), then and in each such event the Holder’s right to receive Conversion Shares upon conversion Holder of this each Note (whether then outstanding or thereafter issued) shall be automatically changed into have the right thereafter to convert this such Note into the kind and amount of shares and other securities and property receivable upon such reorganization, reclassification, or other change, by holders of the number of shares of Common Stock Ordinary Shares into which the Note all such Notes might have been converted immediately prior to such reorganization, reclassification, or change, all subject to further adjustment as provided herein or with respect to such other securities or property by the terms thereof.

Appears in 1 contract

Samples: Note Purchase Agreement (Flextronics International LTD)

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Adjustment for Reclassification, Exchange, or Substitution. If the shares of Common Stock issuable upon the conversion exchange of this Note the shares of Preferred Stock shall be changed into the same or a different number of shares of any class or classes of sharesstock, whether by capital reorganization, reclassification, or otherwise (other than a subdivision or combination of sharesshares or stock dividend provided for above, share dividend or a reorganization, reclassification, merger, consolidation consolidation, or asset sale of assets provided for elsewhere in this Section 3below), then and in each such event the Holder’s right to receive Conversion Shares upon conversion holder of this Note each such share of Preferred Stock shall be automatically changed into have the right thereafter to convert this Note exchange 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 for which the Note such shares of Preferred Stock might have been converted exchanged immediately prior to such reorganization, reclassification, or change, all subject to further adjustment as provided herein or with respect to such other securities or property by the terms thereofherein.

Appears in 1 contract

Samples: Exchange Agreement (A21 Inc)

Adjustment for Reclassification, Exchange, or Substitution. If the shares of A Common Stock issuable upon the conversion of this Note the Notes shall be changed into the same or a different number of shares of any class or classes of sharesstock, whether by capital reorganization, reclassification, or otherwise (other than a subdivision or combination of shares, share stock dividend or reorganization, reclassification, merger, consolidation or asset sale provided for elsewhere in this Section 34), then and in each such event the Holder’s right to receive Conversion Shares upon conversion holder of this each Note (whether then outstanding or thereafter issued) shall be automatically changed into have the right thereafter to convert this such 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 A Common Stock into which the Note all such Notes might have been converted immediately prior to such reorganization, reclassification, or change, all subject to further adjustment as provided herein or with respect to such other securities or property by the terms thereof.

Appears in 1 contract

Samples: Convertible Junior Subordinated Promissory Note (Gartner Group Inc)

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