Common use of Adjustment for Reorganization Clause in Contracts

Adjustment for Reorganization. If the Corporation consolidates or ----------------------------- merges with or into another Person or enters into any other similar transaction, recapitalization or reorganization (any such action, a "Reorganization"), there shall thereafter be deliverable, upon exercise of this Warrant (in lieu of the number of Warrant Shares theretofore deliverable) the number of shares of stock or other securities or property to which a holder of the number of shares of Common Stock that would otherwise have been deliverable upon exercise of this Warrant would have been entitled upon such Reorganization if such Warrant has been exercised in full immediately prior to such Reorganization.

Appears in 3 contracts

Samples: Opinion Research Corp, Opinion Research Corp, Information Analysis Inc

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Adjustment for Reorganization. If the Corporation Company consolidates or ----------------------------- merges with or into another Person or enters into any other similar transaction, recapitalization or reorganization (any such action, a "Reorganization"), there shall thereafter be deliverable, upon exercise of this Warrant (in lieu of the number of Warrant Shares theretofore deliverable) the number of shares of stock or other securities or property to which a holder of the number of shares of Common Stock that would otherwise have been deliverable upon exercise of this Warrant would have been entitled upon such Reorganization if such Warrant has been exercised in full immediately prior to such Reorganization.

Appears in 2 contracts

Samples: Stockholders Agreement (Freerealtime Com Inc), Stockholders Agreement (Freerealtime Com Inc)

Adjustment for Reorganization. If the Corporation consolidates or ----------------------------- merges with or into another Person person or entity, or sells all or substantially all of its assets or stock or enters into any other similar transaction, liquidation, recapitalization or reorganization (any such action, a "β€œReorganization"”), there shall thereafter be deliverable, upon exercise of this Warrant and payment of a proportionately adjusted Exercise Price (in lieu of the number of Warrant Shares theretofore deliverable) the number of shares of stock or other securities or property to which a holder of the number of shares of Common Stock that would otherwise have been deliverable upon exercise of this Warrant would have been entitled upon such Reorganization if such Warrant has had been exercised in full immediately prior to such Reorganization.

Appears in 1 contract

Samples: Mutual Termination and Release Agreement (ULURU Inc.)

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Adjustment for Reorganization. If the Corporation consolidates or ----------------------------- merges with or into another Person or enters into any other similar transaction, recapitalization or reorganization (any such action, a "Reorganization"), there shall thereafter be deliverable, upon exercise of this Warrant (in lieu of the number of Warrant Shares theretofore deliverable) the number of shares of stock or other securities or property to which a holder of the number of shares of Common Stock that would otherwise have been deliverable upon exercise of this Warrant would have been entitled upon such Reorganization if such Warrant has been exercised in full immediately prior to such Reorganization.

Appears in 1 contract

Samples: Common Stock Purchase Warrant (Information Analysis Inc)

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