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

Adjustment for Reclassification, Exchange, or Substitution. If the Common Stock issuable upon the conversion of the Series E Preferred Stock shall be changed into the same or a different number of shares of any class or classes of stock, whether by capital reorganization, reclassification or otherwise (other than a subdivision or combination of shares of stock dividend provided for above, or a reorganization, merger, consolidation or sale of assets provided for elsewhere in this paragraph 3), then and in each such event the holder of each share of Series E Preferred Stock shall have the right thereafter to convert such share into the kind and amounts of shares of stock and other securities and property receivable upon such reorganization, reclassification or other change, by holders of the number of shares of Common Stock into which such shares of Series E Preferred Stock might have been converted immediately prior to such reorganization, reclassification or change, all subject to further adjustment as provided herein.

Appears in 2 contracts

Sources: Amendment Agreement (Midland States Bancorp, Inc.), Amendment Agreement (Midland States Bancorp, Inc.)

Adjustment for Reclassification, Exchange, or Substitution. If the Common Stock issuable upon the conversion of the Series E Preferred Stock shall be changed into the same or a different number of shares of any class or classes of stock, whether by capital reorganization, reclassification reclassification, or otherwise (other than a subdivision or combination of shares of or stock dividend provided for above, or a reorganization, merger, consolidation or sale of assets provided for elsewhere in this paragraph 3), then and in each such event the holder of each share of Series E Preferred Stock shall have the right thereafter to convert such share into the kind and amounts amount of shares of stock and other securities and property receivable upon such reorganization, reclassification reclassification, or other change, by holders of the number of shares of Common Stock into which such shares of Series E Preferred Stock might have been converted immediately prior to such reorganization, reclassification reclassification, or change, all subject to further adjustment as provided herein.

Appears in 2 contracts

Sources: Securities Purchase Agreement (Amen Properties Inc), Securities Purchase Agreement (Amen Properties Inc)

Adjustment for Reclassification, Exchange, or Substitution. If the Common Stock issuable upon the conversion of the Series E AA Preferred Stock shall be changed into the same or a different number of shares of any class or classes of stock, whether by capital reorganization, reclassification or otherwise (other than a subdivision or combination of shares of or stock dividend provided for above, or a reorganization, merger, consolidation consolidation, or sale of assets provided for elsewhere in this paragraph 3below), then and in each such event the holder of each such share of Series E AA Preferred Stock shall have the right thereafter to convert such share into the kind and amounts amount of shares of stock and other securities and property receivable upon such reorganization, reclassification reclassification, or other change, by holders of the number of shares of Common Stock into which such shares of Series E AA Preferred Stock might have been converted immediately prior to such reorganization, reclassification reclassification, or change, all subject to further adjustment as provided herein.

Appears in 1 contract

Sources: Stock Purchase Agreement (Metastorm Inc)

Adjustment for Reclassification, Exchange, or Substitution. If the Common Stock issuable upon the conversion of the Series E C Preferred Stock shall be changed into the same or a different number of shares of any class or classes of stock, whether by capital reorganization, reclassification or otherwise (other than a subdivision or combination of shares of or stock dividend provided for above, or a reorganization, merger, consolidation or sale of assets provided for elsewhere in this paragraph 3(g)), then and in each such event the holder of each share of Series E C Preferred Stock shall have the right thereafter to convert such share into the kind and amounts amount of shares of stock and other securities and property receivable upon such reorganization, reclassification or other change, by holders of the number of shares of Common Stock into which such shares of Series E C Preferred Stock might have been converted immediately prior to such reorganization, reclassification reclassification, or change, all subject to further adjustment as provided herein.

Appears in 1 contract

Sources: Convertible Note and Warrant Purchase Agreement (Eco2 Plastics Inc)

Adjustment for Reclassification, Exchange, or Substitution. If the Common Stock issuable upon the conversion of the Series E A Preferred Stock shall be changed into the same or a different number of shares of any class or classes of stock, whether by capital reorganization, reclassification reclassification, or otherwise (other than a subdivision or combination of shares of or stock dividend dividend, provided for above, or a reorganization, merger, consolidation consolidation, or sale of assets provided for elsewhere in this paragraph 3below), then and in each such event the holder of each such share of Series E A Preferred Stock shall have the right thereafter to convert such share into the kind and amounts amount of shares of stock and other securities and property receivable upon such reorganization, reclassification reclassification, or other change, by holders of the number of shares of Common Stock into which such shares of Series E A Preferred Stock might have been converted immediately prior to such reorganization, reclassification reclassification, or change, all subject to further adjustment as provided herein.

Appears in 1 contract

Sources: Merger Agreement (At&t Latin America Corp)

Adjustment for Reclassification, Exchange, or Substitution. If the Common Stock issuable upon the conversion of the Series E AA Preferred Stock shall be changed into the same or a different number of shares of any class or classes of stock, whether by capital reorganization, reclassification or otherwise (other than a subdivision or combination of shares of stock dividend provided for above, or a reorganization, merger, consolidation consolidation, or sale of assets provided for elsewhere in this paragraph 3below), then and in each such event the holder of each such share of Series E AA Preferred Stock shall have the right thereafter to convert such share into the kind and amounts amount of shares of stock and other securities and property receivable upon such reorganization, reclassification reclassification, or other change, by holders of the number of shares of Common Stock into which such shares of Series E AA Preferred Stock might have been converted immediately prior to such reorganization, reclassification reclassification, or change, all subject to further adjustment as provided herein.

Appears in 1 contract

Sources: Stock Purchase Agreement (Metastorm Inc)

Adjustment for Reclassification, Exchange, or Substitution. If the Common Stock issuable upon the conversion of the Series E A Preferred Stock shall be changed into the same or a different number of shares of any class or classes of stock, whether by capital reorganization, reclassification or otherwise (other than a subdivision or combination of shares of or stock dividend provided for above, or a reorganization, merger, consolidation or sale of assets provided for elsewhere in this paragraph 3below), then and in each such event the holder of each such share of Series E A Preferred Stock shall have the right thereafter to convert such share into the kind and amounts amount of shares of stock and other securities and property receivable upon such reorganization, reclassification or other change, by holders of the number of shares of Common Stock into which such shares of Series E A Preferred Stock might have been converted immediately prior to such reorganization, reclassification or change, all subject to further adjustment as provided herein.

Appears in 1 contract

Sources: Unit Purchase Agreement (Agritope Inc)

Adjustment for Reclassification, Exchange, or Substitution. If the shares of Common Stock issuable upon the conversion of the shares of Series E A Preferred Stock shall be changed into the same or a different number of shares of any class or classes of stock, whether by capital reorganization, reclassification reclassification, or otherwise (other than a subdivision or combination of shares of or stock dividend provided for above, or a reorganization, merger, consolidation or sale of assets provided for elsewhere in this paragraph 3), then and in each such event the holder of each such share of Series E A Preferred Stock shall have the right thereafter to convert such share into the kind and amounts amount of shares of stock and other securities and property receivable receivable, upon such reorganization, reclassification reclassification, or other change, by holders of the number of shares of Common Stock into which such shares of Series E A Preferred Stock might have been converted immediately prior to such reorganization, reclassification reclassification, or change, all subject to further adjustment as provided herein.

Appears in 1 contract

Sources: Merger Agreement (Mobile Mini Inc)

Adjustment for Reclassification, Exchange, or Substitution. If the Common Stock issuable upon the conversion of the Series E Preferred Stock shall be changed into the same or a different number of shares of any class or classes of stock, whether by capital reorganization, reclassification reclassification, or otherwise (other than a subdivision or combination of shares of or stock dividend provided for above, or a reorganization, merger, consolidation consolidation, or sale of assets provided for elsewhere in this paragraph 3Paragraph 7), then and in each such event the holder of each share of Series E Preferred Stock shall have the right thereafter to convert such share into the kind and amounts amount of shares of stock and other securities and property receivable upon such reorganization, reclassification reclassification, or other change, by holders of the number of shares of Common Stock into which such shares of Series E Preferred Stock might have been converted immediately prior to such reorganization, reclassification reclassification, or change, all subject to further adjustment adjustments as provided herein.

Appears in 1 contract

Sources: Stock Purchase Agreement (Premier Concepts Inc /Co/)

Adjustment for Reclassification, Exchange, or Substitution. If the Common Stock issuable upon the conversion of the Series E CC Preferred Stock shall be changed into the same or a different number of shares of any class or classes of stock, whether by capital reorganization, reclassification or otherwise (other than a subdivision or combination of shares of or stock dividend provided for above, or a reorganization, merger, consolidation consolidation, or sale of assets provided for elsewhere in this paragraph 3below), then and in each such event the holder of each such share of Series E CC Preferred Stock shall have the right thereafter to convert such share into the kind and amounts amount of shares of stock and other securities and property receivable upon such reorganization, reclassification reclassification, or other change, by holders of the number of shares of Common Stock into which such shares of Series E CC Preferred Stock might have been converted immediately prior to such reorganization, reclassification reclassification, or change, all subject to further adjustment as provided herein.

Appears in 1 contract

Sources: Stock Purchase Agreement (Metastorm Inc)

Adjustment for Reclassification, Exchange, or Substitution. If the shares of Common Stock issuable upon the conversion of the shares of Series E A Preferred Stock shall be changed into the same or a different number of shares of any class or classes of stock, whether by capital reorganization, reclassification or otherwise (other than a subdivision or combination of shares of stock dividend provided for above, or a reorganization, merger, consolidation or sale of assets an event provided for elsewhere in this paragraph 3), then and in each such event the holder of each share of Series E A Preferred Stock shall have the right thereafter to convert such share into the kind and amounts of shares of stock and other securities and property receivable upon such reorganization, reclassification or other change, by holders of the number of shares of Common Stock into which such shares of Series E A Preferred Stock might have been converted immediately prior to such reorganization, reclassification or change, all subject to further adjustment as provided herein.

Appears in 1 contract

Sources: Merger Agreement (Centrue Financial Corp)

Adjustment for Reclassification, Exchange, or Substitution. If the Common Stock issuable upon the conversion of the Series E F Preferred Stock shall be changed into the same or a different number of shares of any class or classes of stock, whether by capital reorganization, reclassification reclassification, or otherwise (other than a subdivision or combination of shares of or stock dividend provided for above, or a reorganization, merger, consolidation or sale of assets provided for elsewhere in this paragraph 3), then and in each such event the holder of each share of Series E F Preferred Stock shall have the right thereafter to convert such share into the kind and amounts amount of shares of stock and other securities and property receivable upon such reorganization, reclassification or other change, by holders of the number of shares of Common Stock into which such shares of Series E F Preferred Stock might have been converted immediately prior to such reorganization, reclassification or change, all subject to further adjustment as provided herein.

Appears in 1 contract

Sources: Series F Preferred Stock Purchase Agreement (Oxis International Inc)