Common use of Reclassification of Shares Clause in Contracts

Reclassification of Shares. Except for a Merger Event, an Initial Public Offering and a SPAC Transaction subject to Sections 8(a), 8(b), 8(c) and 8(h), if the Company at any time shall, by combination, reclassification, exchange, conversion or subdivision of securities or otherwise, change any of the securities as to which purchase rights under this Agreement exist into the same or a different number of securities of any other class or classes, this Agreement shall thereafter represent the right to acquire such number and kind of securities as would have been issuable as the result of such change with respect to the securities which were subject to the purchase rights under this Agreement immediately prior to such combination, reclassification, exchange, conversion, subdivision or other change. The provisions of this Section 8(d) shall similarly apply to any successive combination, reclassification, exchange, conversion, subdivision or other change.

Appears in 5 contracts

Samples: Credit Agreement (Intuity Medical, Inc.), Warrant Agreement (Intuity Medical, Inc.), Warrant Agreement (Intuity Medical, Inc.)

AutoNDA by SimpleDocs

Reclassification of Shares. Except for a Merger Event, an Initial Public Offering and a SPAC Transaction Events subject to Sections Section 8(a), 8(b), 8(c) and 8(hsubject to Section 8(f), if the Company at any time shall, by combination, reclassification, exchange, conversion exchange or subdivision of securities or otherwise, change any of the securities as to which purchase rights under this Agreement Warrant exist into the same or a different number of securities of any other class or classes, this Agreement Warrant shall thereafter represent the right to acquire such number and kind of securities as would have been issuable as the result of such change with respect to the securities which were subject to the purchase rights under this Agreement Warrant immediately prior to such combination, reclassification, exchange, conversion, subdivision or other change. The provisions of this Section 8(d8(b) shall similarly apply to any successive combinationcombinations, reclassificationreclassifications, exchangeexchanges, conversion, subdivision subdivisions or other changechanges.

Appears in 3 contracts

Samples: Warrant Agreement (American Superconductor Corp /De/), Warrant Agreement (American Superconductor Corp /De/), Warrant Agreement (American Superconductor Corp /De/)

Reclassification of Shares. Except for a Merger Event, an Initial Public Offering and a SPAC Transaction Event subject to Sections Section 8(a), 8(b), 8(c) and 8(hsubject to Section 8(f), if the Company at any time shall, by combination, reclassification, exchangereorganization, conversion exchange or subdivision of securities or otherwise, change any of the securities as to which purchase rights under this Agreement exist into the same or a different number of securities of any other class or classes, this Agreement shall thereafter represent the right to acquire such number and kind of securities as would have been issuable as the result of such change with respect to the securities which were subject to the purchase rights under this Agreement immediately prior to such combination, reclassification, exchange, conversion, subdivision or other change. The provisions of this Section 8(d8(b) shall similarly apply to any successive combination, reclassification, exchange, conversion, subdivision or other change.

Appears in 2 contracts

Samples: Warrant Agreement (Edge Therapeutics, Inc.), Warrant Agreement (Edge Therapeutics, Inc.)

Reclassification of Shares. Except for a Merger Event, an Initial Public Offering and a SPAC Transaction subject Without duplication of any adjustment made pursuant to Sections Section 8(a), 8(b), 8(c) and 8(hsubject to Section 8(f), if the Company at any time shall, by combination, reclassification, exchangereorganization, conversion exchange or subdivision of securities or otherwise, change any of the securities as to which purchase rights under this Agreement exist into the same or a different number of securities of any other class or classes, this Agreement shall thereafter represent the right to acquire such number and kind of securities as would have been issuable as the result of such change with respect to the securities which were subject to the purchase rights under this Agreement immediately prior to such combination, reclassification, exchange, conversion, subdivision or other change. The provisions of this Section 8(d8(b) shall similarly apply to any successive combination, reclassification, exchange, conversion, subdivision or other change.

Appears in 1 contract

Samples: Warrant Agreement (Dance Biopharm, Inc.)

AutoNDA by SimpleDocs

Reclassification of Shares. Except for a Merger Event, an Initial Public Offering and a SPAC Transaction subject to Sections as set forth in Section 8(a), 8(b), ) or Section 8(c) and 8(h), if the Company at any time shall, by combination, reclassification, exchange, conversion exchange or subdivision of securities or otherwise, change any of the securities as to which purchase rights under this Agreement Warrant exist into the same or a different number of securities of any other class or classes, this Agreement Warrant shall thereafter represent the right to acquire such number and kind of securities as would have been issuable as the result of such change with respect to the securities which were subject to the purchase rights under this Agreement Warrant immediately prior to such combination, reclassification, exchange, conversion, subdivision or other change. The provisions of this Section 8(d) shall similarly apply to any successive combination, reclassification, exchange, conversion, subdivision or other change.

Appears in 1 contract

Samples: Warrant Agreement (Diomed Holdings Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!