Common use of Capital Reorganization, Merger or Consolidation Clause in Contracts

Capital Reorganization, Merger or Consolidation. In case of any reorganization of the share capital of the Company (other than a combination, reclassification or subdivision of shares otherwise provided for herein), or any merger or consolidation of the Company with or into another corporation, or the sale or transfer of all or substantially all the assets of the Company then, and in each such case, as a part of such reorganization, merger, consolidation, sale or transfer, lawful provision shall be made so that the Holder shall thereafter be entitled to receive, upon exercise of this Warrant, during the period specified herein and upon payment in accordance with Section 2(c) or without payment pursuant to Section 2(d), the number of shares or other securities or property of the successor corporation resulting from such reorganization, merger, consolidation, sale or transfer that a holder of the shares deliverable upon exercise of this Warrant would have been entitled to receive in such reorganization, consolidation, merger, sale or transfer if this Warrant had been exercised immediately before such reorganization, merger, consolidation, sale or transfer, all subject to further adjustment as provided in this Section 4. The foregoing provisions of this Section 4(d) shall similarly apply to successive reorganizations, consolidations, mergers, sales and transfers of the shares or securities of any other corporation that are at the time receivable upon the exercise of this Warrant. In all events, appropriate adjustment (as determined in good faith by the Company’s board of directors) shall be made in the application of the provisions of this Warrant with respect to the rights and interests of the Holder after the transaction, to the end that the provisions of this Warrant shall be applicable after that event, as near as reasonably may be, in relation to any shares or other property deliverable after that event upon exercise of this Warrant.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Mercurity Fintech Holding Inc.), Securities Purchase Agreement (Li Hanqi), Securities Purchase Agreement (Li Hanqi)

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Capital Reorganization, Merger or Consolidation. In case of any capital reorganization of the share capital stock of the Company (other than a combination, stock split, reverse stock split, reclassification or subdivision of shares otherwise provided for herein), or any merger or consolidation of the Company with or into another corporation, or the sale or transfer of all or substantially all the assets of the Company then, and in each such case, as a part of such reorganization, merger, consolidation, sale or transfer, lawful provision shall be made so that the Holder Warrantholder shall thereafter be entitled to receive, receive upon exercise of this Warrant, Warrant during the period specified herein Exercise Period and upon payment in accordance with Section 2(c) of the Exercise Price (or without payment pursuant to Section 2(duse of net exercise if then permitted hereunder), the number of shares of stock or other securities or property of the successor corporation resulting from such reorganization, merger, consolidation, sale or transfer that a holder of the shares deliverable upon exercise of this Warrant would have been entitled to receive in such reorganization, consolidation, merger, sale or transfer if this Warrant had been exercised immediately before such reorganization, merger, consolidation, sale or transfer, all subject to further adjustment as provided in this Section 46. The foregoing provisions of this Section 4(d) 6.4 shall similarly apply to successive reorganizations, consolidations, mergers, sales and transfers of and to the shares stock or securities of any other corporation that are at the time receivable upon the exercise of this Warrant. If the per-share consideration payable to the Warrantholder hereof for shares in connection with any such transaction is in a form other than cash or marketable securities, then the value of such consideration shall be determined in good faith by the Company’s Board of Directors. In all eventsaddition to the adjustments set forth above, appropriate adjustment adjustments (as determined in good faith by the Company’s board Board of directorsDirectors) shall be made in the application of the provisions of this Warrant with respect to the rights and interests of the Holder Warrantholder after the transaction, to the end that the provisions of this Warrant shall be applicable after that event, as near as reasonably may be, in relation to any shares or other property deliverable after that event upon exercise of this Warrant.

Appears in 3 contracts

Samples: Common Stock Purchase Warrant, Warrant Agreement (Overland Storage Inc), Underwriting Agreement (Overland Storage Inc)

Capital Reorganization, Merger or Consolidation. In case of any reorganization of the share capital of the Company (other than a combination, reclassification or subdivision of shares otherwise provided for herein), or any merger or consolidation of the Company with or into another corporation, or the sale or transfer of all or substantially all the assets of the Company then, and in each such case, as a part of such reorganization, merger, consolidation, sale or transfer, lawful provision shall be made so that the Holder shall thereafter be entitled to receive, upon exercise of this Warrant, during the period specified herein and upon payment in accordance with Section 2(c) or without payment pursuant to Section 2(d), the number of shares or other securities or property of the successor corporation resulting from such reorganization, merger, consolidation, sale or transfer that a holder of the shares deliverable upon exercise of this Warrant would have been entitled to receive in such reorganization, consolidation, merger, sale or transfer if this Warrant had been exercised immediately before such reorganization, merger, consolidation, sale or transfer, all subject to further adjustment as provided in this Section 4. The foregoing provisions of this Section 4(d) shall similarly apply to successive reorganizations, consolidations, mergers, sales and transfers of the shares or securities of any other corporation that are at the time receivable upon the exercise of this Warrant. In all events, appropriate adjustment (as determined in good faith by the Company’s board of directors) shall be made in the application of the provisions of this Warrant with respect to the rights and interests of the Holder after the transaction, to the end that the provisions of this Warrant shall be applicable after that event, as near as reasonably may be, in relation to any shares or other property deliverable after that event upon exercise of this Warrant.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Apollo Multi-Asset Growth Fund), Share Subscription and Warrant Purchase Agreement (The9 LTD), Consulting and Warrant Issuance Agreement (Metalpha Technology Holding LTD)

Capital Reorganization, Merger or Consolidation. In case of any reorganization of the share capital of the Company (other than a combination, reclassification or subdivision of shares otherwise provided for herein), or any merger or consolidation of the Company with or into another corporation, or the sale or transfer of all or substantially all the assets of the Company then, and in each such case, as a part of such reorganization, merger, consolidation, sale or transfer, lawful provision shall be made so that the Holder shall thereafter be entitled to receive, upon exercise of this Warrant, during the period specified herein and upon payment in accordance with Section 2(c) or without payment pursuant to Section 2(d), the number of shares or other securities or property of the successor corporation resulting from such reorganization, merger, consolidation, sale or transfer that a holder of the shares deliverable upon exercise of this Warrant would have been entitled to receive in such reorganization, consolidation, merger, sale or transfer if this Warrant had been exercised immediately before such reorganization, merger, consolidation, sale or transfer, all subject to further adjustment as provided in this Section 4. The foregoing provisions of this Section 4(d) shall similarly apply to successive reorganizations, consolidations, mergers, sales and transfers of the shares or securities of any other corporation that are at the time receivable upon the exercise of this Warrant. In all events, appropriate adjustment (as determined in good faith by the Company’s board of directors) shall be made in the application of the provisions of this Warrant with respect to the rights and interests of the Holder after the transaction, to the end that the provisions of this Warrant shall be applicable after that event, as near as reasonably may be, in relation to any shares or other property deliverable after that event upon exercise of this Warrant.. ​

Appears in 3 contracts

Samples: Securities Purchase Agreement (Mercurity Fintech Holding Inc.), Securities Purchase Agreement (Mercurity Fintech Holding Inc.), Asset Purchase Agreement (Mercurity Fintech Holding Inc.)

Capital Reorganization, Merger or Consolidation. In case of any capital reorganization of the share capital stock of the Company (other than a combination, stock split, reverse stock split, reclassification or subdivision of shares otherwise provided for herein), or any merger or consolidation of the Company with or into another corporation, or the sale or transfer of all or substantially all the assets of the Company then, and in each such case, as a part of such reorganization, merger, consolidation, sale or transfer, lawful provision shall be made so that the Holder shall thereafter be entitled to receive, receive upon exercise of this Warrant, Warrant during the period specified herein Exercise Period and upon payment in accordance with Section 2(c) of the Exercise Price (or without payment pursuant to Section 2(duse of net exercise if then permitted hereunder), the number of shares of stock or other securities or property of the successor corporation resulting from such reorganization, merger, consolidation, sale or transfer that a holder of the shares deliverable upon exercise of this Warrant would have been entitled to receive in such reorganization, consolidation, merger, sale or transfer if this Warrant had been exercised immediately before such reorganization, merger, consolidation, sale or transfer, all subject to further adjustment as provided in this Section 46. The foregoing provisions of this Section 4(d6(d) shall similarly apply to successive reorganizations, consolidations, mergers, sales and transfers of and to the shares stock or securities of any other corporation that are at the time receivable upon the exercise of this Warrant. If the per-share consideration payable to the Holder hereof for shares in connection with any such transaction is in a form other than cash or marketable securities, then the value of such consideration shall be determined in good faith by the Company’s Board of Directors. In all eventsaddition to the adjustments set forth above, appropriate adjustment adjustments (as determined in good faith by the Company’s board Board of directorsDirectors) shall be made in the application of the provisions of this Warrant with respect to the rights and interests of the Holder after the transaction, to the end that the provisions of this Warrant shall be applicable after that event, as near as reasonably may be, in relation to any shares or other property deliverable after that event upon exercise of this Warrant.

Appears in 2 contracts

Samples: Underwriting Agreement (Gryphon Gold Corp), Underwriting Agreement (Gryphon Gold Corp)

Capital Reorganization, Merger or Consolidation. In case of any reorganization of the share capital of the Company (other than a combination, reclassification or subdivision of shares otherwise provided for herein), or any merger or consolidation of the Company with or into another corporation, or the sale or transfer of all or substantially all the assets of the Company Company, then, and in each such case, as a part of such reorganization, merger, consolidation, sale or transfer, lawful provision shall be made so that the Holder shall thereafter be entitled to receive, upon exercise of this Warrant, during the period specified herein and upon payment in accordance with Section 2(c) or without payment pursuant to Section 2(d), the number of shares or other securities or property of the successor corporation resulting from such reorganization, merger, consolidation, sale or transfer that a holder of the shares deliverable upon exercise of this Warrant would have been entitled to receive in such reorganization, consolidation, merger, sale or transfer if this Warrant had been exercised immediately before such reorganization, merger, consolidation, sale or transfer, all subject to further adjustment as provided in this Section 4. The foregoing provisions of this Section 4(d) shall similarly apply to successive reorganizations, consolidations, mergers, sales and transfers of the shares or securities of any other corporation that are at the time receivable upon the exercise of this Warrant. In all events, appropriate adjustment (as determined in good faith by the Company’s board of directors) shall be made in the application of the provisions of this Warrant with respect to the rights and interests of the Holder after the transaction, to the end that the provisions of this Warrant shall be applicable after that event, as near as reasonably may be, in relation to any shares or other property deliverable after that event upon exercise of this Warrant.

Appears in 2 contracts

Samples: Consulting Agreement (Dragon Victory International LTD), Employee Warrant Issuance Agreement (Dragon Victory International LTD)

Capital Reorganization, Merger or Consolidation. In case of If at any time while this Warrant is outstanding and unexpired, (i) there shall be any reclassification, capital reorganization or change of the share capital Common Stock (other than as a result of a subdivision, combination or stock dividend provided for in Section 9 hereof) (any event described in this clause (i), a "Reclassification Event"), or (ii) any consolidation of the Company with, or merger of the Company into, another corporation or other business organization (other than a combination, consolidation or merger in which the Company is the continuing Company and which does not result in any reclassification or subdivision change of shares otherwise provided for hereinthe outstanding Common Stock), or any merger or consolidation of the Company with or into another corporation, or the sale or transfer conveyance to another corporation or other business organization of all or substantially all of the assets of the Company (any event described in this clause (ii), an "Acquisition Event"), then, and in each such case, as a part of such reorganization, merger, consolidation, sale Reclassification Event or transferAcquisition Event, lawful provision provisions shall be made so that the Holder shall thereafter be entitled have the right to receivepurchase, upon exercise of this Warrant, during the period specified herein and upon payment in accordance with Section 2(c) or without payment pursuant at a total price not to Section 2(d), the number of shares or other securities or property of the successor corporation resulting from such reorganization, merger, consolidation, sale or transfer exceed that a holder of the shares deliverable upon exercise of this Warrant would have been entitled to receive in such reorganization, consolidation, merger, sale or transfer if this Warrant had been exercised immediately before such reorganization, merger, consolidation, sale or transfer, all subject to further adjustment as provided in this Section 4. The foregoing provisions of this Section 4(d) shall similarly apply to successive reorganizations, consolidations, mergers, sales and transfers of the shares or securities of any other corporation that are at the time receivable payable upon the exercise of this Warrant. In all eventsWarrant in full, appropriate adjustment (as determined in good faith the kind and amount of shares of stock and other securities and property receivable upon such Reclassification Event or Acquisition Event by a holder of the number of shares of Common Stock which might have been purchased by the Company’s board of directors) Holder immediately prior to such Reclassification Event or Acquisition Event, and in any such case appropriate provisions shall be made in the application of the provisions of this Warrant with respect to the rights and interests interest of the Holder after the transaction, to the end that the provisions hereof (including without limitation, provisions for the adjustment of this Warrant the Purchase Price and the number of shares issuable hereunder) shall thereafter be applicable after that event, as near as reasonably may be, in relation to any shares of stock or other securities and property thereafter deliverable after that event upon exercise of this Warranthereof.

Appears in 1 contract

Samples: Warrant Agreement (Americana Publishing Inc)

Capital Reorganization, Merger or Consolidation. In case of any reorganization of the share capital of the Company (other than a combination, reclassification or subdivision of shares otherwise provided for herein), or any merger or consolidation of the Company with or into another corporation, or the sale or transfer of all or substantially all the assets of the Company Company, then, and in each such case, as a part of such reorganization, merger, consolidation, sale or transfer, lawful provision shall be made so that the Holder shall thereafter be entitled to receive, upon exercise of this Warrant, during the period Exercise Period specified herein and upon payment in accordance with Section 2(c) or without payment pursuant to Section 2(d), the number of shares or other securities or property of the successor corporation resulting from such reorganization, merger, consolidation, sale or transfer that a holder of the shares deliverable upon exercise of this Warrant would have been entitled to receive in such reorganization, consolidation, merger, sale or transfer if this Warrant had been exercised immediately before such reorganization, merger, consolidation, sale or transfer, all subject to further adjustment as provided in this Section 4. The foregoing provisions of this Section 4(d) shall similarly apply to successive reorganizations, consolidations, mergers, sales and transfers of the shares or securities of any other corporation that are at the time receivable upon the exercise of this Warrant. In all events, appropriate adjustment (as determined in good faith by the Company’s or the successor corporation’s board of directors) shall be made in the application of the provisions of this Warrant with respect to the rights and interests of the Holder after the transaction, to the end that the provisions of this Warrant shall be applicable after that event, as near as reasonably may be, in relation to any shares or other property deliverable after that event upon exercise of this Warrant.

Appears in 1 contract

Samples: Securities Subscription and Warrant Purchase Agreement (Metalpha Technology Holding LTD)

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Capital Reorganization, Merger or Consolidation. In case of any reorganization of the share capital of the Company (other than a combination, reclassification or subdivision of shares otherwise provided for herein), or any merger or consolidation of the Company with or into another corporation, or the sale or transfer of all or substantially all the assets of the Company Company, then, and in each such case, as a part of such reorganization, merger, consolidation, sale or transfer, lawful provision shall be made so that the Holder shall thereafter be entitled to receive, upon exercise of this Warrant, during the period applicable Exercise Period specified herein and upon payment in accordance with Section 2(c) or without payment pursuant to Section 2(d), the number of shares or other securities or property of the successor corporation resulting from such reorganization, merger, consolidation, sale or transfer that a holder of the shares deliverable upon exercise of this Warrant would have been entitled to receive in such reorganization, consolidation, merger, sale or transfer if this Warrant had been exercised immediately before such reorganization, merger, consolidation, sale or transfer, all subject to further adjustment as provided in this Section 4. The foregoing provisions of this Section 4(d) shall similarly apply to successive reorganizations, consolidations, mergers, sales and transfers of the shares or securities of any other corporation that are at the time receivable upon the exercise of this Warrant. In all events, appropriate adjustment (as determined in good faith by the Company’s or the successor corporation’s board of directors) shall be made in the application of the provisions of this Warrant with respect to the rights and interests of the Holder after the transaction, to the end that the provisions of this Warrant shall be applicable after that event, as near as reasonably may be, in relation to any shares or other property deliverable after that event upon exercise of this Warrant.

Appears in 1 contract

Samples: Securities Subscription and Warrant Purchase Agreement (Metalpha Technology Holding LTD)

Capital Reorganization, Merger or Consolidation. In case of any capital reorganization of the share capital stock of the Company (other than a combination, stock split, reverse stock split, reclassification or subdivision of shares otherwise provided for herein), or any merger or consolidation of the Company with or into another corporation, or the sale or transfer of all or substantially all the assets of the Company then, and in each such case, as a part of such reorganization, merger, consolidation, sale or transfer, lawful provision shall be made so that the Holder shall thereafter be entitled to receive, receive upon exercise of this Warrant, during these Warrants until the period specified herein Expiry Date and upon payment in accordance with Section 2(c) of the Exercise Price (or without payment pursuant to Section 2(duse of net exercise if then permitted hereunder), the number of shares or other securities or property of the successor corporation resulting from such reorganization, merger, consolidation, sale or transfer that a holder of the shares Shares deliverable upon exercise of this Warrant these Warrants would have been entitled to receive in such reorganization, consolidation, merger, sale or transfer if this Warrant these Warrants had been exercised immediately before such reorganization, merger, consolidation, sale or transfer, all subject to further adjustment as provided in this Section 44.8. The foregoing provisions of this Section 4(d4.8(d) shall similarly apply to successive reorganizations, consolidations, mergers, sales and transfers of and to the shares stock or securities of any other corporation that are at the time receivable upon the exercise of this Warrantthese Warrants. If the per-Share consideration payable to the Holder hereof for Shares in connection with any such transaction is in a form other than cash or marketable securities, then the value of such consideration shall be determined in good faith by the Company’s Board of Directors. In all eventsaddition to the adjustments set forth above, appropriate adjustment adjustments (as determined in good faith by the Company’s board Board of directorsDirectors) shall be made in the application of the provisions of this Warrant Certificate with respect to the rights and interests of the Holder after the transaction, to the end that the provisions of this Warrant Certificate shall be applicable after that event, as near as reasonably may be, in relation to any shares or other property deliverable after that event upon exercise of this Warrantthese Warrants.

Appears in 1 contract

Samples: Agency Agreement (Gryphon Gold Corp)

Capital Reorganization, Merger or Consolidation. In case of any reorganization of the share capital of the Company (other than a combination, reclassification or subdivision of shares otherwise provided for herein), or any merger or consolidation of the Company with or into another corporation, or the sale or transfer of all or substantially all the assets of the Company Company, then, and in each such case, as a part of such reorganization, merger, consolidation, sale or transfer, lawful provision shall be made so that the Holder shall thereafter be entitled to receive, upon exercise of this Warrant, during the period specified herein and upon payment in accordance with Section 2(c) or without payment pursuant to Section 2(d3(d), the number of shares or other securities or property of the successor corporation resulting from such reorganization, merger, consolidation, sale or transfer that a holder of the shares deliverable upon exercise of this Warrant would have been entitled to receive in such reorganization, consolidation, merger, sale or transfer if this Warrant had been exercised immediately before such reorganization, merger, consolidation, sale or transfer, all subject to further adjustment as provided in this Section 45. The foregoing provisions of this Section 4(d5(d) shall similarly apply to successive reorganizations, consolidations, mergers, sales and transfers of the shares or securities of any other corporation that are at the time receivable upon the exercise of this Warrant. In all events, appropriate adjustment (as determined in good faith by the Company’s board of directors) shall be made in the application of the provisions of this Warrant with respect to the rights and interests of the Holder after the transaction, to the end that the provisions of this Warrant shall be applicable after that event, as near as reasonably may be, in relation to any shares or other property deliverable after that event upon exercise of this Warrant.

Appears in 1 contract

Samples: Securities Subscription and Warrant Purchase Agreement (Dragon Victory International LTD)

Capital Reorganization, Merger or Consolidation. In case of any reorganization of the share capital of the Company (other than a combination, reclassification or subdivision of shares otherwise provided for herein), or any merger or consolidation of the Company with or into another corporation, or the sale or transfer of all or substantially all the assets of the Company then, and in each such case, as a part of such reorganization, merger, consolidation, sale or transfer, lawful provision shall be made so that the Holder shall thereafter be entitled to receive, upon exercise of this Warrant, during the period specified herein and upon payment in accordance with Section 2(c) or without payment pursuant to Section 2(d), the number of shares or other securities or property of the successor corporation resulting from such reorganization, merger, consolidation, sale or transfer that a holder of the shares deliverable upon exercise of this Warrant would have been entitled to receive in such reorganization, consolidation, merger, sale or transfer if this Warrant had been exercised immediately before such reorganization, merger, consolidation, sale or transfer, all subject to further adjustment as provided in this Section 4. The foregoing provisions of this Section 4(d) shall similarly apply to successive reorganizations, consolidations, mergers, sales and transfers of the shares or securities of any other corporation that are at the time receivable upon the exercise of this Warrant. In all events, appropriate adjustment (as determined in good faith by the Company’s board of directors) shall be made in the application of the provisions of this Warrant with respect to the rights and interests of the Holder after the transaction, to the end that the provisions of this Warrant shall be applicable after that event, as near as reasonably may be, in relation to any shares or other property deliverable after that event upon exercise of this Warrant.. ​

Appears in 1 contract

Samples: Securities Purchase Agreement (Mercurity Fintech Holding Inc.)

Capital Reorganization, Merger or Consolidation. In case of If at any time while this Warrant is outstanding and unexpired, (i) there shall be any reclassification, capital reorganization or change of the share capital Common Stock (other than as a result of a subdivision, combination or stock dividend provided for in Section 10 hereof) (any event described in this clause (i), a "Reclassification Event"), or (ii) any consolidation of the Company with, or merger of the Company into, another corporation or other business organization (other than a combination, consolidation or merger in which the Company is the continuing Company and which does not result in any reclassification or subdivision change of shares otherwise provided for hereinthe outstanding Common Stock), or any merger or consolidation of the Company with or into another corporation, or the sale or transfer conveyance to another corporation or other business organization of all or substantially all of the assets of the Company (any event described in this clause (ii), an "Acquisition Event"), then, and in each such case, as a part of such reorganization, merger, consolidation, sale Reclassification Event or transferAcquisition Event, lawful provision provisions shall be made so that the Holder shall thereafter be entitled have the right to receivepurchase, upon exercise of this Warrant, during the period specified herein and upon payment in accordance with Section 2(c) or without payment pursuant at a total price not to Section 2(d), the number of shares or other securities or property of the successor corporation resulting from such reorganization, merger, consolidation, sale or transfer exceed that a holder of the shares deliverable upon exercise of this Warrant would have been entitled to receive in such reorganization, consolidation, merger, sale or transfer if this Warrant had been exercised immediately before such reorganization, merger, consolidation, sale or transfer, all subject to further adjustment as provided in this Section 4. The foregoing provisions of this Section 4(d) shall similarly apply to successive reorganizations, consolidations, mergers, sales and transfers of the shares or securities of any other corporation that are at the time receivable payable upon the exercise of this Warrant. In all eventsWarrant in full, appropriate adjustment (as determined in good faith the kind and amount of shares of stock and other securities and property receivable upon such Reclassification Event or Acquisition Event by a holder of the number of shares of Common Stock which might have been purchased by the Company’s board of directors) Holder immediately prior to such Reclassification Event or Acquisition Event, and in any such case appropriate provisions shall be made in the application of the provisions of this Warrant with respect to the rights and interests interest of the Holder after the transaction, to the end that the provisions hereof (including without limitation, provisions for the adjustment of this Warrant the Purchase Price and the number of shares issuable hereunder) shall thereafter be applicable after that event, as near as reasonably may be, in relation to any shares of stock or other securities and property thereafter deliverable after that event upon exercise of this Warranthereof.

Appears in 1 contract

Samples: Warrant Agreement (Americana Publishing Inc)

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