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

Adjustment for Reorganization, Consolidation, Merger. In case of any reorganization of the Company after the date hereof or in case after such date the Company shall consolidate with or merge into another corporation or convey all or substantially all of its assets to another corporation, then, and in each such case, the Holder of this Warrant upon the exercise thereof as provided in Section 1 at any time after the consummation of such reorganization, consolidation, merger or conveyance, shall be entitled to receive, in lieu of the securities and property receivable upon the exercise of this Warrant prior to such consummation, the securities or property to which such Holder would have been entitled upon such consummation if such Holder had exercised this Warrant immediately prior thereto; in each such case, the terms of this Warrant shall be applicable to the securities or property receivable upon the exercise of this Warrant after such consummation.

Appears in 5 contracts

Samples: Warrant Agreement (Innofone Com Inc), Warrant Agreement (Innofone Com Inc), Warrant Agreement (Innofone Com Inc)

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Adjustment for Reorganization, Consolidation, Merger. In case of any reorganization of the Company after the date hereof or in case after such date the Company shall consolidate with or merge into another corporation or convey all or substantially all of its assets to another corporation, then, and in each such case, the Holder of this Warrant upon the exercise thereof as provided in Section 1 at any time after the consummation of such reorganization, consolidation, merger merger, or conveyance, shall be entitled to receive, in lieu of the securities and property receivable upon the exercise of this Warrant prior to such consummation, the securities or property to which such Holder would have been entitled upon such consummation if such Holder had exercised this Warrant immediately prior thereto; in each such case, the terms of this Warrant shall be applicable to the securities or property receivable upon the exercise of this Warrant after such consummation.

Appears in 5 contracts

Samples: Warrant Agreement (Tetragenex Pharmaceuticals, Inc.), Warrant Agreement (Presto Food & Beverage Inc), Warrant Agreement (HC Innovations, Inc.)

Adjustment for Reorganization, Consolidation, Merger. In case of any reorganization of the Company (or any other corporation the stock or other securities of which are at the time receivable on the exercise of this Warrant) after the date hereof issue date, or in case case, after such date date, the Company (or any such other corporation) shall consolidate with or merge into another corporation or convey all or substantially all of its assets to another corporation, then, then and in each such case, case the Holder of this Warrant Warrant, upon the exercise thereof hereof as provided in Section 1 2 at any time after the consummation of such reorganization, consolidation, merger merger, or conveyance, shall be entitled to receive, in lieu of the securities and property receivable upon the exercise of this Warrant prior to such consummation, the stock or other securities or property to which such Holder would have been be entitled upon such consummation if such had the Holder had exercised this Warrant immediately prior thereto, all subject to further adjustment as provided herein; in each such case, the terms an equitable amount of this Warrant shall be applicable to the shares of stock or other securities or property receivable upon the exercise of this Warrant after such consummation.

Appears in 2 contracts

Samples: Warrant Repricing Agreement (Heartland Bridge Capital, Inc.), Stock Purchase Warrant (Heartland Bridge Capital, Inc.)

Adjustment for Reorganization, Consolidation, Merger. In case of any reorganization of the Company (or any other corporation, the stock or other securities of which are at the time receivable on the exercise of this Warrant) after the date hereof Issue Date, or in case case, after such date date, the Company (or any such other corporation) shall consolidate with or merge into another corporation or convey all or substantially all (other than the merger of its assets to another corporationa wholly owned subsidiary into the Company), then, then and in each such casecase Holder, the Holder of this Warrant upon the exercise thereof hereof as provided in Section 1 at any time after the consummation of such reorganization, consolidation, merger or conveyancemerger, shall be entitled to receive, in lieu of the securities and property stock receivable upon the exercise of this Warrant prior to such consummation, the stock or other securities or property to which such Holder would have been entitled upon such consummation if such Holder had exercised this Warrant immediately prior thereto; in each such case, the terms of this Warrant shall be applicable to the securities or property receivable upon the exercise of this Warrant after such consummation.

Appears in 1 contract

Samples: Securities Purchase and Registration Rights Agreement (Bentley International Inc)

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Adjustment for Reorganization, Consolidation, Merger. In case of any reorganization of the Company after (or any other corporation, the date hereof stock or other securities of which are at the time receivable on the exercise of this Warrant), or in case after such date the Company shall consolidate with (or merge such other corporation) consolidates with, merges into another corporation or convey conveys all or substantially all of its assets to another corporationcorporation after the Issue Date, thenthen the Holder, and in each such case, upon the Holder exercise of this Warrant upon the exercise thereof as provided in Section 1 at any time after the consummation of such reorganization, consolidation, merger or conveyance, shall will be entitled to receive, in lieu of the stock or other securities and property receivable upon the exercise of this Warrant prior to such consummation, the stock, securities or property to which such the Holder would have been entitled upon such consummation if such the Holder had exercised converted this Warrant immediately prior thereto; in each such case, the terms . The provisions of this Warrant Paragraph 3.3 shall be applicable similarly apply to the securities successive reorganizations, consolidations, mergers or property receivable upon the exercise of this Warrant after such consummationconveyances.

Appears in 1 contract

Samples: Common Stock Purchase Warrant (Quietpower Systems Inc)

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