Common use of Reclassification, Exchange, Combinations or Substitution Clause in Contracts

Reclassification, Exchange, Combinations or Substitution. Upon any event whereby all of the outstanding shares of the Class 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, 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, provided the aggregate Warrant Price of the Shares shall remain the same and subject to further adjustment thereafter from time to time in accordance with the provisions of this Warrant. The provisions of this Section 3.2 shall similarly apply to successive reclassifications, exchanges, combinations, substitutions, replacements or other similar events.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Eos Energy Enterprises, Inc.), Warrant Agreement (Eos Energy Enterprises, Inc.)

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Reclassification, Exchange, Combinations or Substitution. Upon any event whereby all of the outstanding shares of the Class 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, 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, provided and, if applicable, the aggregate Warrant Price of the Shares shall remain the same and be proportionately adjusted, in all cases subject to further adjustment thereafter from time to time in accordance with the provisions of this Warrant. The provisions of this Section 3.2 2.2 shall similarly apply to successive reclassifications, exchanges, combinations, combinations substitutions, replacements or other similar events.

Appears in 2 contracts

Samples: Warrant Agreement (Xenon Pharmaceuticals Inc.), Warrant Agreement (Xenon Pharmaceuticals Inc.)

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Reclassification, Exchange, Combinations or Substitution. Upon any event whereby all of the outstanding shares of the Class 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, 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, provided the aggregate Warrant Price of the Shares purchase price shall remain the same same, and subject to further adjustment thereafter from time to time in accordance with the provisions of this Warrant. The provisions of this Section 3.2 2.2 shall similarly apply to successive reclassifications, exchanges, combinations, combinations substitutions, replacements or other similar events.

Appears in 2 contracts

Samples: Warrant Agreement (Aemetis, Inc), Warrant Agreement (Aemetis, Inc)

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