Common use of Reclassification Clause in Contracts

Reclassification. If the Company, by reclassification of securities or otherwise, shall change any of the securities as to which purchase rights under this Warrant exist into the same or a different number of securities of any other class or classes, this 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 that were subject to the purchase rights under this Warrant immediately prior to such reclassification or other change and the Purchase Price therefore shall be appropriately adjusted, all subject to further adjustment as provided in this Section 5. No adjustment shall be made pursuant to this Section 5.3 upon any conversion or redemption of the Warrant Shares which is the subject of Section 5.5.

Appears in 11 contracts

Samples: Shares and Warrant Purchase Agreement (Xfone Inc), Shares and Warrant Purchase Agreement (Xfone Inc), Shares and Warrant Purchase Agreement (Xfone Inc)

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Reclassification. If the Company, by reclassification of securities or otherwise, shall change any of the securities as to which purchase rights under this Warrant exist into the same or a different number of securities of any other class or classes, this 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 that were subject to the purchase rights under this Warrant immediately prior to such reclassification or other change change, and the Purchase Price therefore therefor shall be appropriately adjusted, all subject to further adjustment as provided in this Section 54. No adjustment shall be made pursuant to this Section 5.3 4.3 upon any conversion or redemption of the Warrant Shares Common Stock which is the subject of Section 5.54.5.

Appears in 10 contracts

Samples: Broker Engagement Agreement (Motos America, Inc.), China Century Dragon Media, Inc., China Intelligent Lighting & Electronics, Inc.

Reclassification. If the Company, by reclassification of securities or otherwise, shall change any of the securities as to which purchase rights under this Warrant exist into the same or a different number of securities of any other class or classes, this 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 that were subject to the purchase rights under this Warrant immediately prior to such reclassification or other change change, and the Purchase Price therefore shall be appropriately adjusted, all subject to further adjustment as provided in this Section 54. No adjustment shall be made pursuant to this Section 5.3 4.3 upon any conversion or redemption of the Warrant Shares Common Stock which is the subject of Section 5.54.5.

Appears in 8 contracts

Samples: Brilliant Digital Entertainment Inc, Brilliant Digital Entertainment Inc, Brilliant Digital Entertainment Inc

Reclassification. If the Company, by reclassification of securities or otherwise, shall change any of the securities as to which purchase rights under this Warrant exist into the same or a different number of securities of any other class or classes, this 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 that were subject to the purchase rights under this Warrant immediately prior to such reclassification or other change change, and the Purchase Price therefore shall be appropriately adjusted, all subject to further adjustment as provided in this Section 54. No adjustment shall be made pursuant to this Section 5.3 4.3 upon any conversion or redemption of the Warrant Shares Common Stock which is the subject of Section 5.54.4.

Appears in 8 contracts

Samples: Single Touch Systems Inc, Single Touch Systems Inc, Single Touch Systems Inc

Reclassification. If the Company, by reclassification of securities or otherwise, shall change any of the securities as to which purchase rights under this Warrant exist into the same or a different number of securities of any other class or classes, this 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 that were subject to the purchase rights under this Warrant immediately prior to such reclassification or other change and the Purchase Price therefore shall be appropriately adjusted, all subject to further adjustment as provided in this Section 54. No adjustment shall be made pursuant to this Section 5.3 4.3 upon any conversion or redemption of the Warrant Shares Common Stock which is the subject of Section 5.54.5.

Appears in 5 contracts

Samples: Subscription Agreement (Ener1 Inc), Subscription Agreement (Ener1 Inc), Financial Consulting Agreement (Little Creek Inc)

Reclassification. If the Company, by reclassification of securities or otherwise, shall change any of the securities as to which purchase rights under this Warrant exist into the same or a different number of securities of any other class or classes, this 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 that were subject to the purchase rights under this Warrant immediately prior to such reclassification or other change change, and the Purchase Price therefore therefor shall be appropriately adjusted, all subject to further adjustment as provided in this Section 54. No adjustment shall be made pursuant to this Section 5.3 4.3 upon any conversion or redemption of the Warrant Shares which Common Stock that is the subject of Section 5.54.5.

Appears in 4 contracts

Samples: Purchase Common Stock (Arista Power, Inc.), Arista Power, Inc., WindTamer Corp

Reclassification. If the Company, by reclassification of securities or otherwise, shall change any of the securities as to which purchase rights under this Warrant exist into the same or a different number of securities of any other class or classes, this 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 that were subject to the purchase rights under this Warrant immediately prior to such reclassification or other change and the Purchase Price therefore shall be appropriately adjusted, all subject to further adjustment as provided in this Section 54. No adjustment shall be made pursuant to this Section 5.3 4.2 upon any conversion or redemption of the Warrant Shares Common Stock which is the subject of Section 5.54.4.

Appears in 3 contracts

Samples: Common Stock Purchase Warrant (China Precision Steel, Inc.), Common Stock Purchase Warrant (China Precision Steel, Inc.), Common Stock Purchase Warrant (China Precision Steel, Inc.)

Reclassification. If the Company, by reclassification of securities ---------------- or otherwise, shall change any of the securities as to which purchase rights under this Warrant exist into the same or a different number of securities of any other class or classes, this 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 that were subject to the purchase rights under this Warrant immediately prior to such reclassification or other change and the Purchase Price therefore shall be appropriately adjusted, all subject to further adjustment as provided in this Section 54. No adjustment shall be made pursuant to this Section 5.3 4.3 upon any conversion or redemption of the Warrant Shares Common Stock which is the subject of Section 5.54.5.

Appears in 3 contracts

Samples: Logicvision Inc, Logicvision Inc, Active Software Inc

Reclassification. If the Company, by reclassification of securities or otherwise, shall change any of the securities as to which purchase rights under this Warrant exist into the same or a different number of securities of any other class or classes, this 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 that were subject to the purchase rights under this Warrant immediately prior to such reclassification or other change change, and the Purchase Price therefore shall be appropriately adjusted, all subject to further adjustment as provided in this Section 5SECTION 4. No adjustment shall be made pursuant to this Section 5.3 SECTION 4.3 upon any conversion or redemption of the Warrant Shares Common Stock which is the subject of Section 5.5SECTION 4.5.

Appears in 2 contracts

Samples: Note and Warrant Purchase Agreement (National Coal Corp), Note and Warrant Purchase Agreement (National Coal Corp)

Reclassification. If the Company, by reclassification of securities or otherwise, shall change any of the securities as to which purchase rights under this Warrant Agreement exist into the same or a different number of securities of any other class or classes, this Warrant the Warrants 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 that were subject to the purchase rights under this Warrant the Warrants immediately prior to such reclassification or other change change, and the Purchase Price therefore therefor shall be appropriately adjusted, all subject to further adjustment as provided in this Section 54. No adjustment shall be made pursuant to this Section 5.3 4.3 upon any conversion or redemption of the Warrant Shares Common Stock which is the subject of Section 5.54.5.

Appears in 2 contracts

Samples: Warrant Agreement (Impac Mortgage Holdings Inc), Warrant Agreement (Impac Mortgage Holdings Inc)

Reclassification. If the Company, by reclassification of securities or otherwise, shall change any of the securities as to which purchase rights under this Warrant exist into the same or a different number of securities of any other class or classes, this 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 that were subject to the purchase rights under this Warrant immediately prior to such reclassification or other change and the Purchase Price therefore shall be appropriately adjusted, all subject to further adjustment as provided in this Section 54. No adjustment shall be made pursuant to this Section 5.3 4.3 upon any conversion or redemption of the Warrant Shares Common Stock which is the subject of Section 5.54.5.

Appears in 2 contracts

Samples: Common Stock Purchase Warrant (Cyberkinetics Neurotechnology Systems, Inc.), Common Stock Purchase Warrant (Cyberkinetics Neurotechnology Systems, Inc.)

Reclassification. If the Company, by reclassification of securities or otherwise, shall change any of the securities as to which purchase rights under this Warrant exist into the same or a different number of securities of any other class or classes, this 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 that were subject to the purchase rights under this Warrant immediately prior to such reclassification or other change change, and the Purchase Price therefore shall be appropriately adjusted, all subject to further adjustment as provided in this Section 54. No adjustment shall be made pursuant to this Section 5.3 4.2 upon any conversion or redemption of the Warrant Shares Common Stock which is the subject of Section 5.54.4.

Appears in 2 contracts

Samples: Mexico Sales Made Easy, Inc., Mexico Sales Made Easy, Inc.

Reclassification. If the Company, by reclassification of securities or otherwise, shall change any of the securities as to which purchase rights under this Warrant the Option exist into the same or a different number of securities of any other class or classes, this Warrant the Option 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 that were subject to the purchase rights under this Warrant the Option immediately prior to such reclassification or other change change, and the Purchase Exercise Price therefore therefor shall be appropriately adjusted, all subject to further adjustment as provided in this Section 54. No adjustment shall be made pursuant to this Section 5.3 4.3 upon any conversion or redemption of the Warrant Shares Common Stock which is the subject of Section 5.54.5.

Appears in 2 contracts

Samples: Non Qualified Stock Option Agreement (Trestle Holdings Inc), Non Qualified Stock Option Agreement (Trestle Holdings Inc)

Reclassification. If the Company, by reclassification of securities or otherwise, shall change any of the securities as to which purchase rights under this Warrant exist into the same or a different number of securities of any other class or classes, this 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 that were subject to the purchase rights under this Warrant immediately prior to such reclassification or other change and the Per Share Purchase Price therefore shall be appropriately adjusted, all subject to further adjustment as provided in this Section 54. No adjustment shall be made pursuant to this Section 5.3 4.3 upon any conversion or redemption of the Warrant Shares Common Stock, which is the subject of Section 5.54.5.

Appears in 1 contract

Samples: Common Stock and Warrant Purchase Agreement (Novell Inc)

Reclassification. If the Company, by reclassification of securities or otherwise, shall change any of the securities as to which purchase rights under this Warrant exist into the same or a different number of securities of any other class or classes, this 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 that were subject to the purchase rights under this Warrant immediately prior to such reclassification or other change change, and the Per Share Purchase Price therefore shall be appropriately adjusted, all subject to further adjustment as provided in this Section 54. No adjustment shall be made pursuant to this Section 5.3 4.3 upon any conversion or redemption of the Warrant Shares Common Stock, which is the subject of Section 5.54.5.

Appears in 1 contract

Samples: Common Stock and Warrant Purchase Agreement (Whittman Hart Inc)

Reclassification. If the Company, by reclassification of securities or otherwise, shall change any of the securities as to which purchase rights under this Warrant exist into the same or a different number of securities of any other class or classes, this 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 that were subject to the purchase rights under this Warrant immediately prior to such reclassification or other change change, and the Purchase Price therefore therefor shall be appropriately adjusted, all subject to further adjustment as provided in this Section 54. No adjustment shall be made pursuant to this Section 5.3 4.3 upon any conversion or redemption of the Warrant Shares Common Stock which is the subject of Section 5.5.4.5. 4 | P a g e

Appears in 1 contract

Samples: Veritas Farms, Inc.

Reclassification. If the Company, by reclassification of securities or otherwise, shall change any of the securities as to which purchase rights under this Warrant exist into the same or a different number of securities of any other class or classes, this 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 that were subject to the purchase rights under this Warrant immediately prior to such reclassification or other change and the Purchase Exercise Price therefore shall be appropriately adjusted, all subject to further adjustment as provided in this Section 56. No adjustment shall be made pursuant to this Section 5.3 6.3 upon any conversion or redemption of the Warrant Shares Common Stock which is the subject of Section 5.56.5.

Appears in 1 contract

Samples: Newport International Group Inc

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Reclassification. If the Company, by reclassification of securities or otherwise, shall change any of the securities as to which purchase rights under this Warrant exist into the same or a different number of securities of any other class or classes, this 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 that were subject to the purchase rights under this Warrant immediately prior to such reclassification or other change and the Purchase Exercise Price therefore shall be appropriately adjusted, all subject to further adjustment as provided in this Section 54. No adjustment shall be made pursuant to this Section 5.3 4.3 upon any conversion or redemption of the Warrant Shares which Common Stock that is the subject of Section 5.54.5.

Appears in 1 contract

Samples: Warrant (Broadvision Inc)

Reclassification. If the Company, by reclassification of securities or otherwise, shall change any of the securities as to which purchase rights under this Warrant exist into the same or a different number of securities of any other class or classes, this 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 that were subject to the purchase rights under this Warrant immediately prior to such reclassification or other change change, and the Purchase Price therefore therefor shall be appropriately adjusted, all subject to further adjustment as provided in this Section 5. No adjustment shall be made pursuant to this Section 5.3 upon any conversion or redemption of the Warrant Shares Common Stock which is the subject of Section 5.5.

Appears in 1 contract

Samples: Warrant Agreement (Modacad Inc)

Reclassification. If the Company, by reclassification of securities or otherwise, shall change any of the securities as to which purchase rights under this Warrant exist into the same or a different number of securities of any other class or classes, this 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 that were subject to the purchase rights under this Warrant immediately prior to such reclassification or other change change, and the Purchase Exercise Price therefore therefor shall be appropriately adjusted, all subject to further adjustment as provided in this Section 54(c). No adjustment shall be made pursuant to this Section 5.3 4(c) upon any conversion or redemption of the Warrant Shares Common Stock which is the subject of Section 5.54(e).

Appears in 1 contract

Samples: East West Bancorp Inc

Reclassification. If the Company, by reclassification of securities or otherwise, shall change any of the securities as to which purchase rights under this Warrant exist into the same or a different number of securities of any other class or classes, this 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 that were subject to the purchase rights under this Warrant immediately prior to such reclassification or other change change, and the Purchase Price therefore therefor shall be appropriately adjusted, all subject to further adjustment as provided in this Section 54. No adjustment shall be made pursuant to this Section 5.3 4.3 upon any conversion or redemption of the Warrant Shares Common Stock, which is the subject of Section 5.54.5.

Appears in 1 contract

Samples: Collaboration Agreement (Lixte Biotechnology Holdings, Inc.)

Reclassification. If the Company, by reclassification of securities or otherwise, shall change any of the securities as to which purchase rights under this Warrant exist into the same or a different number of securities of any other class or classes, this 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 that were subject to the purchase rights under this Warrant immediately prior to such reclassification or other change and the Purchase Exercise Price therefore shall be appropriately adjusted, all subject to further adjustment as provided in this Section 54. No adjustment shall be made pursuant to this Section 5.3 4.3 upon any conversion or redemption of the Warrant Shares Stock which is the subject of Section 5.54.5.

Appears in 1 contract

Samples: Evans Systems Inc

Reclassification. If the Company, by reclassification of ---------------- securities or otherwise, shall change any of the securities as to which purchase rights under this Warrant exist into the same or a different number of securities of any other class or classes, this 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 that were subject to the purchase rights under this Warrant immediately prior to such reclassification or other change and the Purchase Price therefore shall be appropriately adjusted, all subject to further adjustment as provided in this Section 54. No adjustment shall be made pursuant to this Section 5.3 4.3 upon any conversion or redemption of the Warrant Shares Common Stock which is the subject of Section 5.54.5.

Appears in 1 contract

Samples: Consulting Agreement (Alpha Virtual Inc/Ca/)

Reclassification. If the Company, by reclassification of securities ---------------- or otherwise, shall change any of the securities as to which purchase rights under this Warrant exist into the same or a different number of securities of any other class or classes, this 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 that were subject to the purchase rights under this Warrant immediately prior to such reclassification or other change and the Purchase Price therefore therefor shall be appropriately adjusted, all subject to further adjustment as provided in this Section 54. No adjustment shall be made pursuant to this Section 5.3 4.3 upon any conversion or redemption of the Warrant Shares Common Stock which is the subject of Section 5.54.5.

Appears in 1 contract

Samples: Cardiodynamics International Corp

Reclassification. If the Company, by reclassification of securities or otherwise, shall change any of the securities as to which purchase rights under this Warrant exist into the same or a different number of securities of any other class or classes, this 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 that were subject to the purchase rights under this Warrant immediately prior to such reclassification or other change and the Purchase Price therefore shall be appropriately adjusted, all subject to further adjustment as provided in this Section 54. No adjustment shall be made pursuant to this Section 5.3 4(c) upon any conversion or redemption of the Warrant Shares Common Stock which is the subject of Section 5.54(e).

Appears in 1 contract

Samples: Transbotics Corp

Reclassification. If the Company, by reclassification of securities or otherwise, shall change any of the securities as to which purchase rights under this Warrant exist into the same or a different number of securities of any other class or classes, this 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 that were subject to the purchase rights under this Warrant immediately prior to such reclassification or other change change, and the Purchase Exercise Price therefore therefor shall be appropriately adjusted, all subject to further adjustment as provided in this Section 54. No adjustment shall be made pursuant to this Section 5.3 4.3 upon any conversion or redemption of the Warrant Shares Common Stock which is the subject of Section 5.54.5.

Appears in 1 contract

Samples: Senior Secured Credit Agreement (Adflex Solutions Inc)

Reclassification. If the Company, by reclassification of securities or ---------------- otherwise, shall change any of the securities as to which purchase rights under this Warrant exist into the same or a different number of securities of any other class or classes, this 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 that were subject to the purchase rights under this Warrant immediately prior to such reclassification or other change and the Purchase Price therefore shall be appropriately adjusted, all subject to further adjustment as provided in this Section 54. No adjustment shall be made pursuant to this Section 5.3 4.3 upon any conversion or redemption of the Warrant Shares Common Stock which is the subject of Section 5.54.5.

Appears in 1 contract

Samples: GPN Network Inc

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