Common use of Adjustments for Reclassification and Reorganization Clause in Contracts

Adjustments for Reclassification and Reorganization. If the Common Stock shall be changed into the same or a different number of shares of any other class or classes of stock, whether by capital reorganization, reclassification or otherwise (other than a subdivision or combination of shares provided for in Section 3.1), the Stock Purchase Price then in effect shall, concurrently with the effectiveness of such reorganization or reclassification, be proportionately adjusted so that this Warrant shall represent the right to purchase, in lieu of the number of shares of Common Stock which this Warrant would otherwise represent the right to purchase, a number of shares of such other class or classes of stock equivalent to the number of shares of Common Stock which this Warrant would have otherwise entitled the holder to purchase immediately before that change.

Appears in 9 contracts

Samples: Subscription Agreement (Cardima Inc), Subscription Agreement (Cardima Inc), Subscription Agreement (Cardima Inc)

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Adjustments for Reclassification and Reorganization. If the Common Stock issuable hereunder shall be changed into the same or a different number of shares of any other class or classes of stock, whether by capital reorganization, reclassification or otherwise (other than a subdivision or combination of shares provided for in Section 3.1), 9.3(d) above) the Stock Purchase applicable Conversion Price then in effect shall, concurrently with the effectiveness of such reorganization or reclassification, be proportionately adjusted so that the Loan under this Warrant Agreement shall represent the right to purchasebe convertible into, in lieu of the number of shares of Common Stock which this Warrant the Lender would otherwise represent the right have been entitled to purchasereceive, a number of shares of such other class or classes of stock equivalent to the number of shares of Common Stock which this Warrant that would have otherwise entitled been subject to receipt by the holder to purchase Lender upon conversion of the Loan immediately before that change.

Appears in 4 contracts

Samples: Facility and Security Agreement (Carecentric Inc), And Security Agreement (Carecentric Inc), Secured Convertible Credit Facility and Security Agreement (Reed John E)

Adjustments for Reclassification and Reorganization. If the --------------------------------------------------- Common Stock shall be changed into the same or a different number of shares of any other class or classes of stock, whether by capital reorganization, reclassification or otherwise (other than a subdivision or combination of shares provided for in Section 3.1), the Stock Purchase Price then in effect shall, concurrently with the effectiveness of such reorganization or reclassification, be proportionately adjusted so that this Warrant shall represent the right to purchase, in lieu of the number of shares of Common Stock which this Warrant would otherwise represent the right to purchase, a number of shares of such other class or classes of stock equivalent to the number of shares of Common Stock which this Warrant would have otherwise entitled the holder to purchase immediately before that change.

Appears in 3 contracts

Samples: Stock and Warrant Purchase Agreement (Cardima Inc), Unit Purchase Agreement (Gensia Sicor Inc), Unit Purchase Agreement (Sicor Inc)

Adjustments for Reclassification and Reorganization. If the Common Stock issuable upon conversion of a Note shall be changed into the same or a different number of shares of any other class or classes of stock, whether by capital reorganization, reclassification or otherwise (other than a subdivision or combination of shares provided for in Section 3.1)subparagraph (c) above, then the Stock Purchase Price Conversion Price, as then in effect shall, concurrently with the effectiveness of such reorganization or reclassification, be proportionately adjusted so that this Warrant the Note shall represent the right to purchasebe convertible into, or in lieu of the number of shares of Common Stock which this Warrant that the holders would have otherwise represent the right been entitled to purchasereceive, a number of shares of such other class or classes of stock equivalent to the number of shares of Common Stock which this Warrant that would have otherwise entitled been subject to receipt by the holder to purchase holders upon conversion of the Notes immediately before that change.

Appears in 2 contracts

Samples: Convertible Note Purchase Agreement (American Water Star Inc), Convertible Note Purchase Agreement (American Water Star Inc)

Adjustments for Reclassification and Reorganization. If the Common Stock issuable upon conversion of a Note shall be changed into the same or a different number of shares of any other class or classes of stock, whether by capital reorganization, reclassification or otherwise (other than a subdivision or combination of shares provided for in Section 3.1)6.4, then the Stock Purchase Price Conversion Price, as then in effect shall, concurrently with the effectiveness of such reorganization or reclassification, be proportionately adjusted so that this Warrant the Note shall represent the right to purchasebe convertible into, or in lieu of the number of shares of Common Stock which this Warrant that the holders would have otherwise represent the right been entitled to purchasereceive, a number of shares of such other class or classes of stock equivalent to the number of shares of Common Stock which this Warrant that would have otherwise entitled been subject to receipt by the holder to purchase holders upon conversion of the Notes immediately before that change.

Appears in 2 contracts

Samples: Convertible Note Purchase Agreement (American Water Star Inc), Convertible Note Purchase Agreement (American Water Star Inc)

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Adjustments for Reclassification and Reorganization. If the Common Stock issuable upon conversion of a Note shall be changed into the same or a different number of shares of any other class or classes of stock, whether by capital reorganization, reclassification or otherwise (other than a subdivision or combination of shares provided for in Section 3.1)9.4, then the Stock Purchase Price Conversion Price, as then in effect shall, concurrently with the effectiveness of such reorganization or reclassification, be proportionately adjusted so that this Warrant the Note shall represent the right to purchasebe convertible into, or in lieu of the number of shares of Common Stock which this Warrant that the holders would have otherwise represent the right been entitled to purchasereceive, a number of shares of such other class or classes of stock equivalent to the number of shares of Common Stock which this Warrant that would have otherwise entitled been subject to receipt by the holder to purchase holders upon conversion of the Notes immediately before that change.

Appears in 1 contract

Samples: Convertible Note Purchase Agreement (American Water Star Inc)

Adjustments for Reclassification and Reorganization. If the Common Stock issuable upon conversion of a Note shall be changed into the same or a different number of shares of any other class or classes of stock, whether by capital reorganization, reclassification or otherwise (other than a subdivision or combination of shares provided for in Section 3.1)9.3, then the Stock Purchase Price Conversion Price, as then in effect shall, concurrently with the effectiveness of such reorganization or reclassification, be proportionately adjusted so that this Warrant the Note shall represent the right to purchasebe convertible into, or in lieu of the number of shares of Common Stock which this Warrant that the holders would have otherwise represent the right been entitled to purchasereceive, a number of shares of such other class or classes of stock equivalent to the number of shares of Common Stock which this Warrant that would have otherwise entitled been subject to receipt by the holder to purchase holders upon conversion of the Notes immediately before that change.. 9.5

Appears in 1 contract

Samples: Convertible Note Purchase Agreement (American Water Star Inc)

Adjustments for Reclassification and Reorganization. If the --------------------------------------------------- Common Stock shall be changed into the same or a different number of shares of any other class or classes of stock, whether by capital reorganization, reclassification or otherwise (other than a subdivision or combination of shares provided for in Section 3.1), the Stock Purchase Price then in effect shall, concurrently with the effectiveness of such reorganization or reclassification, be proportionately adjusted so that this Warrant shall represent the right to purchase, in lieu of the number of shares of Common Stock which this Warrant would otherwise represent the right to purchase, a number of shares of such other class or classes of stock equivalent to the number of shares of Common Stock which this Warrant would have otherwise entitled the holder to purchase immediately before that change.represent

Appears in 1 contract

Samples: Unit Purchase Agreement (Gensia Sicor Inc)

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