Common use of Adjustment for Merger or Reorganization, etc Clause in Contracts

Adjustment for Merger or Reorganization, etc. (a) In case of any consolidation or merger of the Corporation with or into another corporation or the sale of all or substantially all of the assets of the Corporation to another corporation: if the surviving entity shall consent in writing to the following provisions, then this Warrant shall thereafter be exercisable for the kind and amount of shares of stock or other securities or property to which a holder of the number of shares of Common Stock of the Corporation deliverable upon exercise of this Warrant would have been entitled upon such consolidation, merger or sale; and, in such case, appropriate adjustment (as determined in good faith by the Board of Directors) shall be made in the application of the provisions in this Section 3 with respect to the rights and interest thereafter of the Holder of this Warrant, to the end that the provisions set forth in this Section 3 (including provisions with respect to changes in and other adjustments of the Warrant Price) shall thereafter be applicable, as nearly as reasonably possible, in relation to any shares of stock or other property thereafter deliverable upon the exercise of this Warrant.

Appears in 5 contracts

Samples: Halo Technology Holdings, Inc., Warp Technology Holdings Inc, Warp Technology Holdings Inc

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Adjustment for Merger or Reorganization, etc. (a) In case of any consolidation or merger of the Corporation Company with or into another a corporation or another entity or the sale of all or substantially all conversion of the assets of the Corporation to another corporation: if the surviving entity shall consent in writing to the following provisionsCompany into a corporation by any other means, then this each Warrant shall thereafter be exercisable for the kind and amount of shares of stock equity interests or other securities or property to which a holder of the number of shares of Common Stock Applicable Securities of the Corporation Company deliverable upon exercise of this such Warrant would have been entitled upon such consolidation, merger or sale; and, in such case, appropriate adjustment (as determined in good faith by the Board of DirectorsDirectors of the Company) shall be made in the application of the provisions in this Section 3 Paragraph (c) set forth with respect to the rights and interest thereafter of the Holder holders of this Warrantthe Warrants, to the end that the provisions set forth in this Section 3 (including provisions with respect to changes in and other adjustments of the Warrant Pricenumber of Warrants evidenced hereby or the Exercise Price therefor) shall thereafter be applicable, as nearly as reasonably possiblemay be, in relation to any shares of stock equity interests or other property thereafter deliverable upon the exercise of this Warrantthe Warrants.

Appears in 2 contracts

Samples: Unit Subscription Agreement (Quantum Materials Corp.), Quantum Materials Corp.

Adjustment for Merger or Reorganization, etc. (a) In Subject to -------------------------------------------- the provisions of Section 13, in case of any consolidation or merger of the Corporation Company with or into another corporation Company or the sale conveyance of all all, or substantially all all, of the assets of the Corporation Company to another corporation: if the surviving entity shall consent in writing to the following provisions, then this Warrant shall thereafter be exercisable for to purchase the kind and amount number of shares of stock or other securities or property to which a holder of the number of shares of Class A Common Stock of the Corporation Company deliverable upon exercise of this Warrant would have been entitled upon such consolidation, merger or saleconveyance; and, in any such case, appropriate adjustment (as determined in good faith by the Board of Directors) shall be made in the application of the provisions in this Section 3 herein set forth with respect to the rights and interest thereafter of the Holder holder of this Warrant, Warrant to the end that the provisions set forth in this Section 3 2 (including provisions with respect to changes in and other adjustments of the Warrant Price and the Dilution Price) shall thereafter be applicable, as nearly as reasonably possiblemay be, in relation to any shares of stock or other property thereafter deliverable upon the exercise of this Warrant.

Appears in 1 contract

Samples: Agreement (Americasdoctor Com Inc)

Adjustment for Merger or Reorganization, etc. (a) In Subject to the provisions of Section 13, in case of any consolidation or merger of the Corporation Company with or into another corporation Company or the sale conveyance of all all, or substantially all all, of the assets of the Corporation Company to another corporation: if the surviving entity shall consent in writing to the following provisions, then this Warrant shall thereafter be exercisable for to purchase the kind and amount number of shares of stock or other securities or property to which a holder of the number of shares of Common Stock of the Corporation Company deliverable upon exercise of this Warrant would have been entitled upon such consolidation, merger or saleconveyance; and, in any such case, appropriate adjustment (as determined in good faith by the Board of Directors) shall be made in the application of the provisions in this Section 3 herein set forth with respect to the rights and interest thereafter of the Holder holder of this Warrant, Warrant to the end that the provisions set forth in Section 2.1 and this Section 3 2.2 (including provisions with respect to changes in and other adjustments of the Warrant Price) shall thereafter be applicable, as nearly as reasonably possiblemay be, in relation to any shares of stock or other property thereafter deliverable upon the exercise of this Warrant.

Appears in 1 contract

Samples: Homeseekers Com Inc

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Adjustment for Merger or Reorganization, etc. (a) In case of any consolidation or merger of the Corporation Company with or into another a corporation or another entity or the sale of all or substantially all conversion of the assets of the Corporation to another corporation: if the surviving entity shall consent in writing to the following provisionsCompany into a corporation by any other means, then this each Warrant shall thereafter be exercisable for the kind and amount of shares of stock equity interests or other securities or property to which a holder of the number of shares of Common Stock Applicable Shares of the Corporation Company deliverable upon exercise of this such Warrant would have been entitled upon such consolidation, merger or sale; and, in such case, appropriate adjustment (as determined in good faith by the Board of DirectorsDirectors of the Company) shall be made in the application of the provisions in this Section 3 Paragraph (c) set forth with respect to the rights and interest thereafter of the Holder holders of this Warrantthe Warrants, to the end that the provisions set forth in this Section 3 (including provisions with respect to changes in and other adjustments of the Warrant Pricenumber of Warrants evidenced hereby or the Exercise Price therefor) shall thereafter be applicable, as nearly as reasonably possiblemay be, in relation to any shares of stock equity interests or other property thereafter deliverable upon the exercise of this Warrantthe Warrants.

Appears in 1 contract

Samples: Quantum Materials Corp.

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