Common use of Capital Reorganizations Clause in Contracts

Capital Reorganizations. If at any time or from time to time after the Original Issue Date, there is a capital reorganization of the Class A Stock of the Company as a part of such capital reorganization, provision shall be made so that the holder of the Warrant shall thereafter be entitled to receive upon exercise the number of shares of stock or other securities or property of the Company to which a holder of the number of shares of Class A Stock deliverable upon exercise would have been entitled on such capital reorganization, subject to adjustment in respect of such stock or securities by the terms thereof. In any such case, appropriate adjustment shall be made in the application of the provisions of this Section with respect to the rights of the Holder after the capital reorganization to the end that the provisions of this Section (including adjustment of the Exercise Price then in effect and the number of shares issuable upon exercise of the Warrant) shall be applicable after that event and be as nearly equivalent as practicable.