Adjustment Based Upon Merger or Consolidation. In case of any consolidation or merger to which the Company is a party (other than a merger in which the Company is the surviving entity and which does not result in any reclassification -4- 21 of or change in the outstanding Common Stock of the Company) or in case of any sale or conveyance to another person, firm, or corporation of the property of the Company as an entirety or substantially as an entirety, the Holder will have the continuing right to convert this Debenture into the kind and amount of securities and property (including cash) receivable upon such consolidation, merger, sale, or conveyance by a holder of the number of shares of Common Stock into which this Debenture might have been converted immediately before the consolidation, merger, sale, or conveyance.
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Samples: Convertible Subordinated Debenture Purchase Agreement (Rockford Corp)
Adjustment Based Upon Merger or Consolidation. In case of any consolidation or merger to which the Company is a party (other than a merger in which the Company is the surviving entity and which does not result in any reclassification -4- 21 of or change in the outstanding Common Stock of the Company) ), or in case of any sale or conveyance to another person, firm, or corporation of the property of the Company as an entirety or substantially as an entirety, the Holder will shall have the continuing right to convert this Debenture Note into the kind and amount of securities and property (including cash) receivable upon such consolidation, merger, sale, sale or conveyance by a holder of the number of shares of Common Stock into which this Debenture such Note might have been converted immediately before the consolidation, merger, sale, or conveyanceprior thereto.
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Samples: Convertible Note (Fremont Gold Corp)
Adjustment Based Upon Merger or Consolidation. In case of any consolidation or merger to which the Company is a party (other than a merger in which the Company is the surviving entity and which does not result in any reclassification -4- 21 of or change in the outstanding Common Stock of the Company) ), or in case of any sale or conveyance to another person, firm, or corporation of the property of the Company as an entirety or substantially as an entirety, the Holder will shall have the continuing right to convert this Debenture Note into the kind and amount of securities and property (including cash) receivable upon such consolidation, merger, sale, sale or conveyance by a holder Holder of the number of shares of Common Stock into which this Debenture such Note might have been converted immediately before the consolidation, merger, sale, or conveyanceprior thereto.
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Samples: 8% Convertible Promissory Note (Infinity Energy Resources, Inc)
Adjustment Based Upon Merger or Consolidation. In case of any consolidation or merger to which the Company is a party (other than a merger in which the Company is the surviving entity and which does not result in any reclassification -4- 21 of or change in the outstanding Common Stock of the Company) ), or in case of any sale or conveyance to another person, firm, or corporation of the property of the Company as an entirety or substantially as an entirety, the Holder will Warrantholder shall have the continuing right right, upon exercise of this Warrant, to convert this Debenture into receive the kind and amount of securities and property (including cash) receivable upon such consolidation, merger, sale, sale or conveyance by a holder of the number of shares of Common Stock or other securities into which this Debenture such Warrant might have been converted immediately before prior to the consolidation, merger, sale, or conveyance.
Appears in 1 contract
Samples: Convertible Subordinated Debenture Amendment Agreement (Rockford Corp)