Common use of Adjustment for Reclassification, Exchange and Substitution Clause in Contracts

Adjustment for Reclassification, Exchange and Substitution. If at any time after the Original Issue Date while this Warrant remains outstanding and unexpired in whole or in part, the Common Stock issuable upon exercise of this Warrant is changed into the same or a different number of shares of any class or classes of stock, this Warrant will thereafter represent the right to acquire such number and kind of securities as would have been issuable as a result of exercise of this Warrant and the Exercise Price therefor shall be appropriately adjusted, all subject to further adjustment in this Section 2.

Appears in 7 contracts

Sources: Securities Purchase Agreement (Lucas Energy, Inc.), Warrant Agreement (Lucas Energy, Inc.), Warrant Agreement (Phototron Holdings, Inc.)

Adjustment for Reclassification, Exchange and Substitution. If at any time after the Original Issue Date while this Warrant remains outstanding and unexpired in whole or in partunexpired, the Common Stock issuable upon exercise of this Warrant is changed into the same or a different number of shares of any class or classes of stock, this Warrant will thereafter represent the right to acquire such number and kind of securities as would have been issuable as a result of exercise of this Warrant and the Exercise Price therefor shall be appropriately adjusted, all subject to further adjustment in this Section 2.

Appears in 2 contracts

Sources: Warrant Agreement (Universal Detection Technology), Warrant Agreement (Universal Detection Technology)

Adjustment for Reclassification, Exchange and Substitution. If at any time after the Original Issue Date while this Warrant remains outstanding and unexpired in whole or in part, the Common Preferred Stock issuable upon exercise of this Warrant is changed into the same or a different number of shares of any class or classes or series of stock, this Warrant will thereafter represent the right to acquire such number and kind of securities as would have been issuable as a result of exercise of this Warrant and the Exercise Price therefor shall be appropriately adjusted, all subject to further adjustment in this Section 2.

Appears in 2 contracts

Sources: Warrant Agreement (Refocus Group Inc), Warrant Agreement (Refocus Group Inc)

Adjustment for Reclassification, Exchange and Substitution. If at any time after the Original Issue Date Date, while this Warrant remains outstanding and unexpired in whole or in part, the Common Stock issuable upon exercise of this Warrant is changed into the same or a different number of shares of any class or classes of stock, this Warrant will thereafter represent the right to acquire such number and kind of securities as would have been issuable as a result of exercise of this Warrant and the Exercise Price therefor shall be appropriately adjusted, all subject to further adjustment in this Section 2.

Appears in 2 contracts

Sources: Warrant Agreement (Panda Ethanol, Inc.), Warrant Agreement (Panda Ethanol, Inc.)

Adjustment for Reclassification, Exchange and Substitution. If at any time after the Original Issue Date while this Warrant remains outstanding and unexpired in whole or in partis outstanding, the Common Stock issuable upon exercise of this Warrant is changed into the same or a different number of shares of any class or classes of stock, this Warrant will thereafter represent the right to acquire such number and kind of securities as would have been issuable as a result of exercise of this Warrant and the Exercise Price therefor shall be appropriately adjusted, all subject to further adjustment in this Section 27.

Appears in 2 contracts

Sources: Restructuring Agreement (Emisphere Technologies Inc), Letter Agreement (Emisphere Technologies Inc)