Common use of Adjustment for Reorganization Consolidation Merger Etc Clause in Contracts

Adjustment for Reorganization Consolidation Merger Etc. 4.1. In case at any time or from time to time, the Company shall (a) effect a reorganization, (b) consolidate with or merge into any other person, or (c) transfer all or substantially all of its properties or assets to any other person under any plan or arrangement contemplating the dissolution of the Company, then, in each such case, the holder of this Warrant, on the exercise hereof as provided in Section 1 at any time after the consummation of such reorganization, consolidation or merger or the effective date of such dissolution, as the case may be (but not later than the Termination Date), shall receive, in lieu of the Common Stock issuable on exercise before such consummation or such effective date, the stock and other securities and property (including cash) to which such holder would have been entitled upon such consummation or in connection with such dissolution, as the case may be, if such holder had so exercised this Warrant immediately prior thereto, all subject to further adjustment thereafter as provided in Section 5.

Appears in 3 contracts

Samples: Dataware Technologies Inc, Dataware Technologies Inc, Dataware Technologies Inc

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Adjustment for Reorganization Consolidation Merger Etc. 4.1. In case at any time or from time to time, the Company shall (a) effect a reorganization, (b) consolidate with or merge into any other person, or (c) transfer all or substantially all of its properties or assets to any other person under any plan or arrangement contemplating the dissolution of the Company, then, in each such case, the holder of this Warrant, on the exercise hereof as provided in Section section 1 at any time after the consummation of such reorganization, consolidation or merger or the effective date of such dissolution, as the case may be (but not later than the Termination Date)be, shall receive, in lieu of the Common Stock (or Other Securities) issuable on such exercise before prior to such consummation or such effective date, the stock and other securities and property (including cash) to which such holder would have been entitled upon such consummation or in connection with such dissolution, as the case may be, if such holder had so exercised this Warrant Warrant, immediately prior thereto, all subject to further adjustment thereafter as provided in Section sections 3 and 5.

Appears in 2 contracts

Samples: Peritus Software Services Inc, Providence & Worcester Railroad Co/Ri/

Adjustment for Reorganization Consolidation Merger Etc. 4.1. 4.1 In case at any time or from time to time, the Company shall (a) effect a reorganization, (b) consolidate with or merge into any other person, or (c) transfer all or substantially all of its properties or assets to any other person under any plan or arrangement contemplating the dissolution of the Company, then, in each such case, the holder of this Warrant, on the exercise hereof as provided in Section 1 at any time after the consummation of such reorganization, consolidation or merger or the effective date of such dissolution, as the case may be (but not later than the Termination Date), shall receive, in lieu of the Common Stock issuable on exercise before such consummation or such effective date, the stock and other securities and property (including cash) to which such holder would have been entitled upon such consummation or in connection with such dissolution, as the case may be, if such holder had so exercised this Warrant immediately prior thereto, all subject to further adjustment thereafter as provided in Section 5.

Appears in 1 contract

Samples: Dataware Technologies Inc

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Adjustment for Reorganization Consolidation Merger Etc. 4.1. i) In case at any time or from time to time, the Company shall (ai) effect a reorganization, (bii) consolidate with or merge into any other personentity, or (ciii) transfer all or substantially all of its properties or assets to any other person under any plan or arrangement contemplating the dissolution of the Company, then, in each such case, the holder of this Warrant, on the exercise hereof as provided in Section 1 at any time after the consummation of such reorganization, consolidation or merger or the effective date of such dissolution, as the case may be (but not later than after the Termination Expiration Date), shall receive, in lieu of the Common Stock Shares (or Other Securities) issuable on such exercise before such consummation or such effective date, the stock and other securities and property (including cash) to which such holder would have been entitled upon such consummation or in connection with such dissolution, as the case may be, if such holder had so exercised this Warrant Warrant, immediately prior theretobefore such date, all subject to further adjustment thereafter as provided in Section 5Sections 2(a) and 2(b).

Appears in 1 contract

Samples: First Community Bank Corp of America

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