Common use of Adjustments for Reclassification, Exchange and Substitution Clause in Contracts

Adjustments for Reclassification, Exchange and Substitution. Except as provided in Section 5 upon a Notice Event, if the Common Stock issuable upon exercise of this Warrant 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 above), this Warrant shall thereafter be exercisable for the purchase of, in lieu of the number of shares of Common Stock which the Holder would otherwise have been entitled to receive, a number of shares of such other class or classes of stock equivalent to the number of shares of Common Stock that would have been received by the Holder upon exercise of this Warrant immediately before that change. In addition, to the extent applicable in any reorganization or recapitalization, provision shall be made by the Company with the successor or surviving entity, if not the Company, so that the Holder of this Warrant shall thereafter be entitled to receive upon exercise of this Warrant the number of shares of stock or other securities or property of the Company or otherwise, to which the Holder would have been entitled on such reorganization or recapitalization had the Holder exercised the Warrant in its entirety immediately prior to such change.

Appears in 4 contracts

Samples: Common Stock Purchase Warrant (Softbank Technology Ventures Iv Lp), Common Stock Purchase Warrant (Softbank Technology Ventures Iv Lp), Common Stock Purchase Warrant (Softbank Technology Ventures Iv Lp)

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Adjustments for Reclassification, Exchange and Substitution. Except as ----------------------------------------------------------- provided in Section 5 4 upon a Notice Event, if the Common Stock issuable upon exercise of this Warrant 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 above), this Warrant shall thereafter be exercisable for the purchase of, in lieu of the number of shares of Common Stock which the Holder would otherwise have been entitled to receive, a number of shares of such other class or classes of stock equivalent to the number of shares of Common Stock that would have been received by the Holder upon exercise of this Warrant immediately before that change. In addition, to the extent applicable in any reorganization or recapitalization, provision shall be made by the Company with the successor or surviving entity, if not the Company, so that the Holder of this Warrant shall thereafter be entitled to receive upon exercise of this Warrant the number of shares of stock or other securities or property of the Company or otherwise, to which the Holder would have been entitled on such reorganization or recapitalization had the Holder exercised the Warrant in its entirety immediately prior to such change.

Appears in 2 contracts

Samples: Registration Rights Agreement (Interliant Inc), Interliant Inc

Adjustments for Reclassification, Exchange and Substitution. Except as provided in Section 5 upon a Notice Event, if If ----------------------------------------------------------- the Common Stock issuable upon exercise of this Warrant 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 above), this Warrant shall thereafter be exercisable for the purchase of, in lieu of the number of shares of Common Stock which the Holder would otherwise have been entitled to receive, a number of shares of such other class or classes of stock equivalent to the number of shares of Common Stock that would have been received by the Holder upon exercise of this Warrant immediately before that change. In addition, to the extent applicable in any reorganization or recapitalization, provision shall be made by the Company with the successor or surviving entity, if not the Company, so that the Holder of this Warrant shall thereafter be entitled to receive upon exercise of this Warrant the number of shares of stock or other securities or property of the Company or otherwise, to which the Holder would have been entitled on such reorganization or recapitalization had the Holder exercised the Warrant in its entirety immediately prior to such change.

Appears in 1 contract

Samples: Common Stock Purchase Warrant (Interliant Inc)

Adjustments for Reclassification, Exchange and Substitution. Except as provided in Section 5 6 upon a Notice Event, if the Common Stock issuable upon the exercise of this a Warrant 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 above), this then each Warrant shall thereafter be exercisable for the remaining exercise period of the Warrant for the purchase of, in lieu of the number of shares of Common Stock which the Holder thereof would otherwise have been entitled to receive, a number of shares of such other class or classes of stock equivalent to the number of shares of Common Stock that would have been received by the such Holder upon exercise of this the Warrant immediately before that change. In addition, to the extent applicable in any reorganization or recapitalization, provision shall be made by the Company with the successor or surviving entity, if not the Company, so that the Holder of this a Warrant shall thereafter be entitled to receive upon exercise during the remaining exercise period of this the Warrant owned by such Holder the number of shares of stock or other securities or property of the Company or otherwise, to which the such Holder would have been entitled on such reorganization or recapitalization had the such Holder exercised the Warrant in its entirety immediately prior to such change.

Appears in 1 contract

Samples: Warrant Agreement (Interliant Inc)

Adjustments for Reclassification, Exchange and Substitution. Except as provided in Section 5 6 upon a Notice Event, if the Common Stock issuable upon the exercise of this a Warrant 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 above), this then each Warrant shall thereafter be exercisable for the remaining exercise period of the Warrant for the purchase of, in lieu of the number of shares of Common Stock which the Holder thereof would otherwise have been entitled to receive, a number of shares of such other class or classes of stock equivalent to the number of shares of Common Stock that would have been received by the such Holder upon exercise of this Warrant the warrant immediately before that change. In addition, to the extent applicable in any reorganization or recapitalization, provision shall be made by the Company Corporation with the successor or surviving entity, if not the CompanyCorporation, so that the Holder of this a Warrant shall thereafter be entitled to receive upon exercise during the remaining exercise period of this the Warrant owned by such Holder the number of shares of stock or other securities or property of the Company Corporation or otherwise, to which the such Holder would have been entitled on such reorganization or recapitalization had the such Holder exercised the Warrant in its entirety immediately prior to such change.

Appears in 1 contract

Samples: International Distributor Agreement (Mosaic Nutraceuticals Corp.)

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Adjustments for Reclassification, Exchange and Substitution. Except as provided in Section SECTION 5 upon a Notice Event, if the entire class or series of Preferred Stock or Common Stock Stock, as applicable, issuable upon exercise of this Warrant 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 above), ) this Warrant shall thereafter be exercisable for the purchase ofinto, in lieu of the number of shares of Preferred Stock or Common Stock Stock, as applicable, which the Holder would otherwise have been entitled to receive, a number of shares of such other class or classes of stock equivalent to the number of shares of Preferred Stock or Common Stock Stock, as applicable, that would have been received subject to receipt by the Holder upon exercise of this Warrant immediately before that change. In addition, to the extent applicable in any reorganization or recapitalization, provision shall be made by the Company with the successor or surviving entity, if not the Company, so that the Holder of this Warrant shall thereafter be entitled to receive upon exercise of this Warrant the number of shares of stock or other securities or property of the Company or otherwise, to which the Holder a holder of Preferred Stock or Common Stock, as applicable, deliverable upon exercise would have been entitled on such reorganization or recapitalization had the Holder exercised the Warrant in its entirety immediately prior to such change.recapitalization

Appears in 1 contract

Samples: Preferred Stock (Elastic Networks Inc)

Adjustments for Reclassification, Exchange and Substitution. Except as provided in Section 5 upon a Notice Event, if If the Common shares of Stock issuable upon exercise of this Warrant 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 above), ) this Warrant shall thereafter be exercisable for the purchase ofinto, in lieu of the number of shares of Common Stock which the Holder would otherwise have been entitled to receive, a number of shares of such other class or classes of stock equivalent to the number of shares of Common Stock that would have been received subject to receipt by the Holder upon exercise of this Warrant immediately before that change. In addition, to the extent applicable in any reorganization or recapitalization, provision shall be made by the Company with the successor or surviving entity, if not the Company, so that the Holder of this Warrant shall thereafter be entitled to receive upon exercise of this Warrant the number of shares of stock or other securities or property of the Company or otherwise, to which the Holder a holder of shares of Stock deliverable upon exercise would have been entitled on such reorganization or recapitalization had the Holder exercised the Warrant in its entirety immediately prior to such changerecapitalization.

Appears in 1 contract

Samples: Surgiquest Inc

Adjustments for Reclassification, Exchange and Substitution. Except as provided in Section 5 upon a Notice Event, if If the Common Stock Exercise Shares issuable upon exercise of this Warrant 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 above), ) this Warrant shall thereafter be exercisable for the purchase ofinto, in lieu of the number of shares of Common Stock Exercise Shares which the Holder would otherwise have been entitled to receive, a number of shares of such other class or classes of stock equivalent to the number of shares of Common Stock Exercise Shares that would have been received subject to receipt by the Holder upon exercise of this Warrant immediately before that change. In addition, to the extent applicable in any reorganization or recapitalization, provision shall be made by the Company with the successor or surviving entity, if not the Company, so that the Holder of this Warrant shall thereafter be entitled to receive upon exercise of this Warrant the number of shares of stock or other securities or property of the Company or otherwise, to which the Holder a holder of Exercise Shares deliverable upon exercise would have been entitled on such reorganization or recapitalization had the Holder exercised the Warrant in its entirety immediately prior to such changerecapitalization.

Appears in 1 contract

Samples: Surgiquest Inc

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