Adjustment for Combinations, Etc Clause Samples
The "Adjustment for Combinations, etc" clause provides a mechanism to modify contractual terms in the event of mergers, acquisitions, consolidations, or similar corporate changes involving one or more parties. Typically, this clause outlines how rights, obligations, or financial terms—such as payment amounts or performance requirements—will be recalculated or reassigned if a party undergoes a structural change. For example, if a company is acquired, the clause may specify how outstanding obligations are transferred to the new entity or how payment terms are adjusted to reflect the new corporate structure. Its core function is to ensure continuity and fairness in contractual relationships by preemptively addressing the impact of significant organizational changes, thereby reducing uncertainty and potential disputes.
Adjustment for Combinations, Etc. If the outstanding Shares are -------------------------------- combined or consolidated, by reclassification or otherwise, into a lesser number of shares, the Warrant Price shall be proportionately increased.
Adjustment for Combinations, Etc. In case the outstanding shares of Common Stock shall be combined or consolidated, by reclassification or otherwise, into a lesser number of shares of Common Stock, the Warrant Price in effect immediately prior to such combination or consolidation shall, concurrently with the effectiveness of such combination or consolidation, be proportionately increased.
Adjustment for Combinations, Etc. In case the outstanding Common Shares shall be combined or consolidated, by reclassification or otherwise, into a lesser number of Common Shares, the Exercise Price in effect immediately prior to such combination or consolidation shall, concurrently with the effectiveness of such combination or consolidation, be proportionately increased.
Adjustment for Combinations, Etc. If the outstanding shares of Common Stock shall be combined or consolidated, by reclassification or otherwise, into a lesser number of shares of Common Stock, then the Warrant Price in effect immediately prior to such combination or consolidation shall, concurrently with the effectiveness of such combination or consolidation, be proportionately increased.