Common use of CONSOLIDATION, MERGER, SALE, LEASE OR CONVEYANCE Clause in Contracts

CONSOLIDATION, MERGER, SALE, LEASE OR CONVEYANCE. In any case of any consolidation with or merger of the Company with or into another corporation, or in case of any sale, lease, or conveyance to another corporation of the assets of the Company as an entirety or substantially as an entirety, this Warrant shall after the date of such consolidation, merger, sale, lease or conveyance be convertible into the number of shares of stock or other securities or property (including cash) to which the Common Shares issuable (at the time of such consolidation, merger, sale, lease or conveyance) upon conversion of this Warrant would have been entitled upon such consolidation, merger, sale, lease, or conveyance; and in any such case, if necessary, the provision set forth herein with respect to the rights and interests thereafter of the Holder hereof shall be appropriately adjusted so as to be applicable, as nearly as may reasonably be, to any shares of stock or other securities or property thereafter deliverable on the conversion hereof.

Appears in 4 contracts

Samples: Common Shares Purchase Warrant Agreement (Moventis Capital, Inc.), Common Shares Purchase Warrant (Moventis Capital, Inc.), Common Shares Purchase Warrant (Moventis Capital, Inc.)

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CONSOLIDATION, MERGER, SALE, LEASE OR CONVEYANCE. In any case of any consolidation with or merger of the Company Corporation with or into another corporation, or in case of any sale, lease, lease or conveyance to another corporation of the assets of the Company Corporation as an entirety or substantially as an entirety, this Warrant the Debentures shall after the date of such consolidation, merger, sale, lease or conveyance be convertible into the number of shares of stock or other securities or property (including cash) to which the shares of Common Shares Stock issuable (at the time of such consolidation, merger, sale, lease or conveyance) upon conversion of this Warrant such Debenture would have been entitled to upon such consolidation, merger, sale, lease, lease or conveyance; and in any such case, if necessary, the provision provisions set forth herein with respect to the rights and interests thereafter of the Holder hereof holders of the Debentures shall be appropriately adjusted so as to be applicable, as nearly as may reasonably be, to any shares of stock or other securities or property thereafter deliverable on the conversion hereofof the Debentures.

Appears in 4 contracts

Samples: Debenture Agreement (Pioneer Drilling Co), Debenture Agreement (South Texas Drilling & Exploration Inc), Debenture Purchase Agreement (Wedge Energy Services LLC)

CONSOLIDATION, MERGER, SALE, LEASE OR CONVEYANCE. In any case of any consolidation with or merger of the Company with or into another corporation, or in case of any sale, lease, lease or conveyance to another corporation of the assets of the Company as an entirety or substantially as an entirety, this Warrant shall after the date of such consolidation, merger, sale, lease or conveyance be convertible into exercisable for the number of shares of stock or other securities or property (including cash) to which the Common Shares Stock issuable (at the time of such consolidation, merger, sale, lease or conveyance) upon conversion exercise of this Warrant would have been entitled upon such consolidation, merger, sale, lease, lease or conveyance; and in any such case, if necessary, the provision provisions set forth herein with respect to the rights and interests thereafter of the Holder hereof holder of this Warrant shall be appropriately adjusted so as to be applicable, as nearly as may reasonably be, to any shares of stock or other securities or property thereafter deliverable on the conversion hereofexercise of this Warrant.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Holiday Rv Superstores Inc), Securities Purchase Agreement (Holiday Rv Superstores Inc), Securities Purchase Agreement (Holiday Rv Superstores Inc)

CONSOLIDATION, MERGER, SALE, LEASE OR CONVEYANCE. In any case of any consolidation with or merger of the Company with or into another corporation, or in case of any sale, lease, or conveyance to another corporation of the assets of the Company as an entirety or substantially as an entirety, this Warrant Debenture shall after the date of such consolidation, merger, sale, lease or conveyance be convertible into the number of shares of stock or other securities or property (including cash) to which the Common Shares issuable (at the time of such consolidation, merger, sale, lease or conveyance) upon conversion of this Warrant Debenture would have been entitled upon such consolidation, merger, sale, lease, or conveyance; and in any such case, if necessary, the provision set forth herein with respect to the rights and interests thereafter of the Holder hereof shall be appropriately adjusted so as to be applicable, as nearly as may reasonably be, to any shares of stock or other securities or property thereafter deliverable on the conversion hereof.

Appears in 2 contracts

Samples: Convertible Secured Debenture Agreement (Moventis Capital, Inc.), Convertible Secured Debenture (Moventis Capital, Inc.)

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CONSOLIDATION, MERGER, SALE, LEASE OR CONVEYANCE. In any case of any consolidation with or merger of the Company with or into another corporation, or in case of any sale, lease, lease or conveyance to another corporation of the assets of the Company corporation as an entirety or substantially as an entirety, this Warrant Payee shall after the date of such consolidation, merger, sale, lease or conveyance be convertible into the number of shares of stock or other securities or property (including cash) to which the Common Shares Stock issuable (at the time of such consolidation, merger, sale, lease or conveyance) upon conversion of this Warrant Promissory Note would have been entitled upon such consolidation, merger, sale, lease, lease or conveyance; and in any such case, if necessary, the provision provisions set forth herein with respect to the rights and interests thereafter of the Holder hereof Payee shall be appropriately adjusted so as to be applicable, as nearly as may reasonably be, to any shares of stock or other securities or property thereafter deliverable on the conversion hereofof this Promissory Note.

Appears in 1 contract

Samples: Secured Promissory Note (Holiday Rv Superstores Inc)

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