Common use of Reorganization and Reclassification Clause in Contracts

Reorganization and Reclassification. In case of any capital reorganization or any reclassification of the capital stock of the Company while this Warrant remains outstanding, the Holder of this Warrant shall thereafter be entitled to purchase pursuant to this Warrant (in lieu of the kind and number of shares of Common Stock comprising Warrant Shares that such Holder would have been entitled to purchase or acquire immediately before such reorganization or reclassification) the kind and number of shares of stock of any class or classes or other securities or property for or into which such shares of Common Stock would have been exchanged, converted or reclassified if the Warrant Shares had been purchased by the Holder immediately before such reorganization or reclassification. In case of any such reorganization or reclassification, appropriate provision (as determined by resolution of the Board of Directors of the Company) shall be made with respect to the rights and interest thereafter of the Holder of this Warrant, to the end that all the provisions of this Warrant (including adjustment provisions) shall thereafter be applicable, as nearly as reasonably practicable, in relation to such stock or other securities or property.

Appears in 6 contracts

Samples: Agreement and Release, Securities Purchase Agreement (Tootie Pie Company, Inc.), Warrant Agreement (Tootie Pie Company, Inc.)

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Reorganization and Reclassification. In case of any capital reorganization or any reclassification of the capital stock of the Company while (except as provided in Subsection (2) of this Warrant remains outstanding, Section (f)); the Holder of this any Warrant shall thereafter be entitled to purchase pursuant to this such Warrant (in lieu of the kind and number of shares of Common Stock comprising Warrant Shares that which such Holder would have been entitled to purchase or acquire immediately before prior to such reorganization or reclassification) the kind and number of shares of stock of any class or classes or other securities or property for or into to which the holder of such number of shares of Common Stock would have been exchanged, converted or reclassified if entitled at the Warrant Shares had been purchased by the Holder immediately before time of such reorganization or reclassification. In case , at an aggregate Exercise Price equal to that which would have been payable if such number of any shares of Common Stock had been purchased immediately prior to such reorganization or reclassification, appropriate provision (as determined by resolution of the Board of Directors of the CompanyCompany with the approval of the Holder) shall be made with respect to the rights and interest thereafter of the Holder of this Warrant, to the end that all the provisions of this Warrant Warrants (including adjustment provisions) shall thereafter be applicable, as nearly as reasonably practicable, in relation to such stock or other securities or property.

Appears in 6 contracts

Samples: Warrant Agreement (McKenzie Bay International), Warrant Agreement (Save the World Air Inc), Warrant Agreement (MBI Financial, Inc.)

Reorganization and Reclassification. In case of any capital reorganization or any reclassification of the capital stock of the Company while this Warrant remains outstanding, the Holder of this Warrant shall thereafter be entitled to purchase pursuant to this Warrant (in lieu of the kind and number of shares of Common Stock comprising Warrant Shares Stock that such Holder would have been entitled to purchase or acquire immediately before such reorganization or reclassification) the kind and number of shares of stock of any class or classes or other securities or property for or into which such shares of Common Stock would have been exchanged, converted converted, or reclassified if the Warrant Shares Stock had been purchased by the Holder immediately before such reorganization or reclassification. In case of any such reorganization or reclassification, appropriate provision (as determined by resolution of the Board of Directors of the Company) shall be made with respect to the rights and interest thereafter of the Holder of this Warrant, to the end that all the provisions of this Warrant (including adjustment provisions) shall thereafter be applicable, as nearly as reasonably practicable, in relation to such stock or other securities or property.

Appears in 3 contracts

Samples: Warrant Agreement (Energy Income Fund Lp), Common Stock Purchase Warrant (Energy Income Fund Lp), Common Stock Purchase Warrant (Foreland Corp)

Reorganization and Reclassification. In case of any capital reorganization or any reclassification of the capital stock of the Company while this Warrant remains the Warrants remain outstanding, the Holder of this Warrant the Warrants shall thereafter be entitled to purchase pursuant to this Warrant the Warrants (in lieu of the kind and number of shares of Common Stock comprising Warrant Shares that such Holder would have been entitled to purchase or acquire immediately before such reorganization or reclassification) the kind and number of shares of stock of any class or classes or other securities or property for or into which such shares of Common Stock would have been exchanged, converted converted, or reclassified if the Warrant Shares had been purchased by the Holder immediately before such reorganization or reclassification. In case of any such reorganization or reclassification, appropriate provision (as determined by resolution resolutions of the Board of Directors of the Company) shall be made with respect to the rights and interest thereafter of the Holder of this Warrantthe Warrants, to the end that all the provisions of this Warrant Agreement (including adjustment provisions) shall thereafter be applicable, as nearly as reasonably practicable, in relation to such stock or other securities or property.

Appears in 2 contracts

Samples: Stock Warrant Agreement (Vessels Thomas J), Stock Warrant Agreement (Vessels Thomas J)

Reorganization and Reclassification. In case of any capital ----------------------------------- reorganization or any reclassification of the capital stock of the Company (except as provided in Section 3(a)) while any principal of this Warrant Note remains ------------ outstanding, the Holder holder of this Warrant the Note shall thereafter be entitled to purchase acquire pursuant to this Warrant the conversion of the remaining outstanding principal of the Note (in lieu of the kind and number of shares of Common Stock comprising Warrant Shares that such the Note Holder would have been entitled to purchase or acquire immediately before such reorganization or reclassification) the kind and number of shares of stock of any class or classes or other securities or property for or into to which such number of shares of Common Stock issuable upon conversion of the remaining outstanding principal of the Note would have been entitled if such shares of Common Stock would have been exchanged, converted or reclassified if the Warrant Shares had been purchased by the Holder acquired immediately before such reorganization or reclassification. In case of any such reorganization or reclassification, appropriate provision (as determined by resolution of the Board of Directors of the Company) shall be made with respect to the rights and interest interests thereafter of the Holder holder of this Warrantthe Note, to the end that all the provisions of this Warrant the Note (including adjustment provisions) shall thereafter be applicable, as nearly as reasonably practicable, in relation to such stock or other securities or property.

Appears in 2 contracts

Samples: Convertible Secured Note (E2enet Inc), Convertible Secured Note (E2enet Inc)

Reorganization and Reclassification. In case of any capital reorganization or any reclassification of the capital stock of the Company or while this the Warrant remains outstanding, the Holder of this the Warrant shall thereafter be entitled to purchase pursuant to this the Warrant (in lieu of the kind and number of shares of Common Warrant Stock comprising Warrant Shares that such the Holder would have been entitled to purchase or acquire immediately before such reorganization or reclassification) the kind and number of shares of stock of any class or classes or other securities or property for or into which such shares of Common Stock would have been exchanged, converted or reclassified if the Warrant Shares Stock had been purchased by the Holder immediately before such reorganization or reclassificationreorganization, reclassification at a total price not to exceed that payable upon the exercise of the unexercised portion of this Warrant. In case of any such reorganization or reorganization, reclassification, appropriate provision (as determined by resolution of the Board of Directors of the Company) shall be made with respect to the rights and interest interests thereafter of the Holder of this the Warrant, to the end that all the provisions of this the Warrant (including adjustment provisions) shall thereafter be applicable, as nearly as reasonably practicable, in relation to such stock or other securities or property.

Appears in 2 contracts

Samples: Common Stock Purchase Warrant (Centrack International Inc), Common Stock Purchase Warrant (Centrack International Inc)

Reorganization and Reclassification. In case of any capital reorganization or any reclassification of the capital stock of the Company (except as provided in Section 9(a) hereof) while this Warrant remains outstanding, the Holder of this Warrant shall thereafter be entitled to purchase pursuant to this Warrant (in lieu of the kind and number of shares of Common Stock comprising Warrant Shares comprised in the number of Units that such the Holder would have been entitled to purchase or acquire immediately before such reorganization or reclassification) the kind and number of shares of stock of any class or classes or other securities or cash or property for or into to which such number of shares of Common Stock comprised in such number of Units would have been entitled if such shares of Common Stock would have been exchanged, converted or reclassified if the Warrant Shares had been purchased by the Holder immediately before such reorganization or reclassification. In case of any such reorganization or reclassification, appropriate provision (as determined by resolution of the Board of Directors of the Company) shall be made with respect to the rights and interest in thereafter of the Holder of this WarrantHolder, to the end that all the provisions of this Warrant (including adjustment provisions) shall thereafter be applicable, as nearly as reasonably practicable, in relation to such stock or other securities or property.

Appears in 1 contract

Samples: Warrant Agreement (Advanced Materials Group Inc)

Reorganization and Reclassification. In case of any capital reorganization or any reclassification of the capital stock of the Company while this the Warrant remains outstanding, the Holder of this the Warrant shall thereafter be entitled to purchase pursuant to this the Warrant (in lieu of the kind and number of shares of Common Stock comprising Warrant Shares Stock that such Holder would have been entitled to purchase or acquire immediately before such reorganization or reclassification) the kind and number of shares of stock of any class or classes or other securities or property for or into which such shares of Common Stock would have been exchanged, converted or reclassified if the Warrant Shares Stock had been purchased by the Holder immediately before such reorganization or reclassification. In case of any such reorganization or reclassification, appropriate provision (as determined by resolution of the Board of Directors of the Company) shall be made with respect to the rights and interest thereafter of the Holder of this the Warrant, to the end that all the provisions of this the Warrant (including adjustment provisions) shall thereafter be applicable, as nearly as reasonably practicable, in relation to such stock or other securities or property.

Appears in 1 contract

Samples: Common Stock Purchase Warrant (Rio Grande Inc /De/)

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Reorganization and Reclassification. In case of any capital reorganization or any reclassification of the capital stock of the Company (except as provided in Section 10(a)) while this Warrant remains outstanding, the Holder of this Warrant shall thereafter be entitled to purchase pursuant to this Warrant (in lieu of the kind and number of shares of Common Stock comprising Warrant Shares comprised in the number of Units that such the Holder would have been entitled to purchase or acquire immediately before such reorganization or reclassification) the kind and number of shares of stock of any class or classes or other securities or property for or into to which such number of shares of Common Stock comprised in such number of Units would have been entitled if such shares of Common Stock would have been exchanged, converted or reclassified if the Warrant Shares had been purchased by the Holder immediately before such reorganization or reclassification. In case of any such reorganization or reclassification, appropriate provision (as determined by resolution of the Board of Directors of the Company) shall be made with respect to the rights and interest interests thereafter of the Holder of this WarrantHolder, to the end that all the provisions of this Warrant (including adjustment provisions) shall thereafter be applicable, as nearly as reasonably practicable, in relation to such stock or other securities or property.

Appears in 1 contract

Samples: Warrant Agreement (Intelidata Technologies Corp)

Reorganization and Reclassification. In case of any capital reorganization or any reclassification of the capital stock of the Company while this Warrant remains outstanding, (except as provided in Section 4.1) the Holder of this Warrant Option shall thereafter be entitled to purchase pursuant to this Warrant Option (in lieu of the kind and number of shares of Common Stock comprising Warrant Shares that which such Holder would have been entitled to purchase or acquire immediately before prior to such reorganization or reclassification) the kind and number of shares of stock of any class or classes or other securities or property for or into to which such number of shares of Common Stock would have been exchangedentitled at the time of such reorganization or reclassification, converted or reclassified at an aggregate purchase price equal to the aggregate purchase price which would have been payable if the Warrant Shares such number of shares of Common Stock had been purchased by the Holder immediately before prior to such reorganization or reclassification. In case of any such reorganization or reclassification, appropriate provision (as determined by resolution of the Board of Directors of the Company) shall be made with respect to the rights and interest interests thereafter of the Holder of this WarrantOption, to the end that all of the provisions of this Warrant Option (including adjustment provisions) shall thereafter be applicable, as nearly as reasonably practicable, in relation to such stock or other securities or property.

Appears in 1 contract

Samples: Warrant Agreement (Webb Interactive Services Inc)

Reorganization and Reclassification. In case of any capital reorganization or any reclassification of the capital stock of the Company while (except as provided in Subsection (2) of this Warrant remains outstanding, Section (f)); the Holder of this Warrant shall thereafter be entitled to purchase pursuant to this such Warrant (in lieu of the kind and number of shares of Common Stock comprising Warrant Shares that which such Holder would have been entitled to purchase or acquire immediately before prior to such reorganization or reclassification) the kind and number of shares of stock of any class or classes or other securities or property for or into to which the holder of such shares number of Common Stock Warrant Shares would have been exchangedentitled at the time of such reorganization or reclassification, converted or reclassified at an aggregate Exercise Price equal to that which would have been payable if the such number of Warrant Shares had been purchased by the Holder immediately before such reorganization or reclassification. In case of any prior to such reorganization or reclassification, appropriate provision (as determined by resolution of the Board of Directors of the CompanyCompany with the approval of the Holder) shall be made with respect to the rights and interest thereafter of the Holder of this Warrant, to the end that all the provisions of this Warrant (including adjustment provisions) shall thereafter be applicable, as nearly as reasonably practicable, in relation to such stock or other securities or property.

Appears in 1 contract

Samples: Warrant Agreement (INVO Bioscience, Inc.)

Reorganization and Reclassification. In case of any capital ----------------------------------- reorganization or any reclassification of the capital stock of the Company while this Warrant remains outstanding, the Holder of this Warrant shall thereafter be entitled to purchase pursuant to this Warrant (in lieu of the kind and number of shares of Common Stock comprising Warrant Shares that such Holder would have been entitled to purchase or acquire immediately before such reorganization or reclassification) the kind and number of shares of stock of any class or classes or other securities or property for or into which such shares of Common Stock would have been exchanged, converted or reclassified if the Warrant Shares had been purchased by the Holder immediately before such reorganization or reclassification. In case of any such reorganization or reclassification, appropriate provision (as determined by resolution of the Board of Directors of the Company) shall be made with respect to the rights and interest thereafter of the Holder of this Warrant, to the end that all the provisions of this Warrant (including adjustment provisions) shall thereafter be applicable, as nearly as reasonably practicable, in relation to such stock or other securities or property.

Appears in 1 contract

Samples: Common Stock Purchase Warrant (Atsi Communications Inc/De)

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