Common use of Adjustment for Merger, Consolidation or Sale of Assets Clause in Contracts

Adjustment for Merger, Consolidation or Sale of Assets. In the event that at any time or from time to time after the Original Issue Date, the Company shall merge or consolidate with or into another entity or sell all or substantially all of its assets, the Holder hereof shall thereafter have the right to receive the kind and amount of shares of stock, other securities, property or cash deliverable or payable to the holders of the Common Stock of the Company that the Holder hereof upon exercise of this Warrant would have been entitled to had the Holder hereof exercised the remaining portion of this Warrant into shares of Common Stock immediately prior thereto.

Appears in 12 contracts

Samples: Stock Purchase Warrant (Nextera Enterprises Inc), Stock Purchase Warrant (Nextera Enterprises Inc), Stock Purchase Warrant (Nextera Enterprises Inc)

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