Common use of Changes in Parent Stock Clause in Contracts

Changes in Parent Stock. If at any time between the date of this Agreement and the Effective Time, the outstanding shares of Parent Common Stock or Parent Class B Stock shall have been increased, decreased, changed into or exchanged for a different number of kind of shares or securities as a result of a subdivision, reorganization, recapitalization, reclassification, stock dividend, stock split, reverse stock split, combination or other similar change in capitalization, in each case other than in connection with the Mergers, then the definition of Parent Share Value shall be equitably adjusted to reflect such change; provided, that nothing in this Section 2.3(c) shall be construed to permit Parent to take any action with respect to its securities that is prohibited by the terms of this Agreement.

Appears in 1 contract

Samples: Merger Agreement (East Resources Acquisition Co)

AutoNDA by SimpleDocs

Changes in Parent Stock. If at any time between the date of this Agreement and the Effective Time, the outstanding shares of Parent Common Stock or Parent Class B Stock shall have been increased, decreased, changed into or exchanged for a different number of kind of shares or securities as a result of a subdivision, reorganization, recapitalization, reclassification, stock dividend, stock split, reverse stock split, combination or other similar change in capitalization, in each case other than in connection with the MergersMerger, then the definition of Parent Share Value Reference Price shall be equitably adjusted to reflect such change; provided, that nothing in this Section 2.3(c2.5(c) shall be construed to permit Parent to take any action with respect to its securities that is prohibited by the terms of this Agreement.

Appears in 1 contract

Samples: Merger Agreement (Software Acquisition Group Inc. III)

Changes in Parent Stock. If at any time between the date of this Agreement and the Effective Time, the outstanding shares of Parent Common Stock or Parent Class B Stock shall have been increased, decreased, changed into or exchanged for a different number of kind of shares or securities as a result of a subdivision, reorganization, recapitalization, reclassification, stock dividend, stock split, reverse stock split, combination or other similar change in capitalization, in each case other than in connection with the MergersMerger, then the definition of Parent Share Value Exchange Ratio shall be equitably adjusted to reflect such change; provided, that nothing in this Section 2.3(c) shall be construed to permit Parent to take any action with respect to its securities that is prohibited by the terms of this Agreement.

Appears in 1 contract

Samples: Merger Agreement (Power & Digital Infrastructure Acquisition II Corp.)

Changes in Parent Stock. If at any time between the date of this Agreement and the Effective Time, the outstanding shares of Parent Class A Common Stock or Parent Class B Common Stock shall have been increased, decreased, changed into or exchanged for a different number of kind of shares or securities as a result of a subdivision, reorganization, recapitalization, reclassification, stock dividend, stock split, reverse stock split, combination or other similar change in capitalization, in each case other than in connection with the MergersMerger, then the definition of Parent Share Value Aggregate Consideration shall be equitably adjusted to reflect such change; provided, that nothing in this Section 2.3(c2.7(c) shall be construed to permit Parent to take any action with respect to its securities that is prohibited by the terms of this Agreement.

Appears in 1 contract

Samples: Merger Agreement (Concord Acquisition Corp II)

Changes in Parent Stock. If at any time between the date of this Agreement and the Effective Time, the outstanding shares of Parent Common Stock or Parent Class B Stock shall have been increased, decreased, changed into or exchanged for a different number of kind of shares or securities as a result of a subdivision, reorganization, recapitalization, reclassification, stock dividend, stock split, reverse stock split, combination or other similar change in capitalization, in each case other than in connection with the MergersParent Merger, then the definition of Parent Total Share Value Count and Reference Price shall be equitably adjusted to reflect such change; provided, that nothing in this Section 2.3(c2.10(c) shall be construed to permit Parent to take any action with respect to its securities that is prohibited by the terms of this Agreement.

Appears in 1 contract

Samples: Merger Agreement (Conyers Park Acquisition Corp.)

AutoNDA by SimpleDocs

Changes in Parent Stock. If at any time between the date of this Agreement and the Effective Time, the outstanding shares of Parent Common Stock or Parent Class B Stock shall have been increased, decreased, changed into or exchanged for a different number of kind of shares or securities as a result of a subdivision, reorganization, recapitalization, reclassification, stock dividend, stock split, reverse stock split, combination or other similar change in capitalization, in each case other than in connection with the MergersMerger, then the definition of Parent Share Value Reference Price and the per share price set forth in Section 6.24 shall be equitably adjusted to reflect such change; provided, that nothing in this Section 2.3(c2.7(c) shall be construed to permit Parent to take any action with respect to its securities that is prohibited by the terms of this Agreement.

Appears in 1 contract

Samples: Merger Agreement (Software Acquisition Group Inc.)

Changes in Parent Stock. If at any time between the date of this Agreement and the Effective Time, the outstanding shares of Parent Common Stock or Parent Class B F Stock shall have been increased, decreased, changed into or exchanged for a different number of kind of shares or securities as a result of a subdivision, reorganization, recapitalization, reclassification, stock dividend, stock split, reverse stock split, combination or other similar change in capitalization, in each case other than in connection with the MergersParent Merger, then the definition of Parent Share Value Reference Price shall be equitably adjusted to reflect such change; provided, that nothing in this Section 2.3(c2.10(c) shall be construed to permit Parent to take any action with respect to its securities that is prohibited by the terms of this Agreement.

Appears in 1 contract

Samples: Merger Agreement (Federal Street Acquisition Corp.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!