Consolidation, Merger, Reorganization, Etc. If the Company at any time while this Warrant remains outstanding and unexpired shall consolidate with or merge into any other corporation, reorganize or reclassify, or in any manner change the securities then purchasable upon the exercise of this Warrant, then upon consummation thereof this Warrant shall thereafter represent the right of Warrantholder to receive, to the extent this Warrant is exercisable as provided above in Section 1, in lieu of shares of Common Stock, the cash or such number of securities to which Warrantholder would have been entitled upon consummation thereof if Warrantholder had exercised this Warrant immediately prior thereto. Upon any such event, an appropriate adjustment shall also be made to the Warrant Price, if necessary in the good faith judgment of the Board of Directors of the Company, to preserve the economic benefit intended to be conferred upon Warrantholder in accordance with its terms.
Appears in 1 contract
Consolidation, Merger, Reorganization, Etc. If the Company at ------------------------------------------- any time while this Warrant remains outstanding and unexpired shall consolidate with or merge into any other corporation, reorganize or reorganize, reclassify, or in any manner change the securities then purchasable upon the exercise of this Warrant, then upon consummation thereof this Warrant shall thereafter represent the right of Warrantholder to receive, to the extent this Warrant is exercisable as provided above in Section 1, in lieu of shares of Common Stock, the cash or such number of securities to which Warrantholder would have been entitled upon consummation thereof if Warrantholder had exercised this Warrant immediately prior thereto. Upon any such event, an appropriate adjustment shall also be made to the Warrant Price, if necessary in the good faith judgment of the Board of Directors of the Company, to preserve the economic benefit intended to be conferred upon Warrantholder in accordance with its termsthe terms hereof.
Appears in 1 contract
Samples: Common Stock Purchase Warrant (Trikon Technologies Inc)
Consolidation, Merger, Reorganization, Etc. If the Company at ------------------------------------------ any time while this Warrant remains outstanding and unexpired shall consolidate with or merge into any other corporation, reorganize reorganize, or reclassify, or in any manner change the securities then purchasable upon the exercise of this Warrant, then upon consummation thereof this Warrant shall thereafter represent the right of Warrantholder to receive, to the extent this Warrant is exercisable as provided above in Section 1, in lieu of shares of Common Stock, the cash or such number of securities to which Warrantholder would have been entitled upon consummation thereof if Warrantholder had exercised this Warrant immediately prior thereto. Upon any such event, an appropriate adjustment shall also be made to the Warrant Price, if necessary in the good faith judgment of the Board of Directors of the Company, to preserve the economic benefit intended to be conferred upon Warrantholder in accordance with its terms.
Appears in 1 contract
Samples: Warrant Agreement (Plasma & Materials Technologies Inc)
Consolidation, Merger, Reorganization, Etc. If the Company at any time ------------------------------------------- while this Warrant remains outstanding and unexpired shall consolidate with or merge into any other corporation, reorganize reorganize, or reclassify, or in any manner change the securities then purchasable upon the exercise of this Warrant, then upon consummation thereof this Warrant shall thereafter represent the right of Warrantholder Warrant holder to receive, to the extent this Warrant is exercisable as provided above in Section 1, in lieu of shares of Common Stock, the cash or such number of securities to which Warrantholder Warrant holder would have been entitled upon consummation thereof if Warrantholder Warrant Holder had exercised this Warrant immediately prior thereto. Upon any such event, an appropriate adjustment shall also be made to the Warrant Price, if necessary in the good faith judgment of the Board of Directors of the Company, to preserve the economic benefit intended to be conferred upon Warrantholder Warrant holder in accordance with its termsthe terms hereof.
Appears in 1 contract
Samples: Common Stock Purchase Agreement (Trikon Technologies Inc)