Conversion of Stock. In case all the authorized Warrant Stock of the Company is converted, pursuant to the Company's Certificate of Incorporation, into Common Stock or other securities or property, or the Warrant Stock otherwise ceases to exist, then, in such case, the Warrant Holder, upon exercise of this Warrant at any time after the date on which the Warrant Stock is so converted or ceases to exist (the "Termination Date"), shall receive, in lieu of the number of shares of Warrant Stock that would have been issuable upon such exercise immediately prior to the Termination Date (the "Former Number of Shares of Warrant Stock"), the stock and other securities and property which the Warrant Holder would have been entitled to receive upon the Termination Date if the Warrant Holder had exercised this Warrant with respect to the Former Number of Shares of Warrant Stock immediately prior to the Termination Date (all subject to further adjustment as provided in this Warrant).
Appears in 4 contracts
Samples: Warrant Agreement (Acorn Holding Corp), Warrant Agreement (Acorn Holding Corp), Warrant Agreement (Acorn Holding Corp)
Conversion of Stock. In case all the authorized Warrant Common Stock of the Company is converted, pursuant to the Company's ’s Certificate of Incorporation, into Common Stock or other securities or property, or the Warrant Common Stock otherwise ceases to exist, then, in such case, the Warrant Holder, upon exercise of this Warrant at any time after the date on which the Warrant Common Stock is so converted or ceases to exist (the "“Termination Date"”), shall receive, in lieu of the number of shares of Warrant Common Stock that would have been issuable upon such exercise immediately prior to the Termination Date (the "“Former Number of Shares of Warrant Stock"”), the stock and other securities and property which the Warrant Holder would have been entitled to receive upon the Termination Date if the Warrant Holder had exercised this Warrant with respect to the Former Number of Shares of Warrant Stock immediately prior to the Termination Date (all subject to further adjustment as provided in this Warrant).
Appears in 4 contracts
Samples: Warrant Agreement (Ariel Way Inc), Warrant Agreement (Ariel Way Inc), Warrant Agreement (Ariel Way Inc)
Conversion of Stock. In case all the authorized Warrant Common Stock of the Company is converted, pursuant to the Company's ’s Certificate of Incorporation, into Common Stock or other securities or property, or the Warrant Common Stock otherwise ceases to exist, then, in such case, the Warrant Holder, upon exercise of this Warrant at any time after the date on which the Warrant Common Stock is so converted or ceases to exist (the "“ Termination Date"Date ”), shall receive, in lieu of the number of shares of Warrant Common Stock that would have been issuable upon such exercise immediately prior to the Termination Date (the "“ Former Number of Shares of Warrant Stock"Stock ”), the stock and other securities and property which the Warrant Holder would have been entitled to receive upon the Termination Date if the Warrant Holder had exercised this Warrant with respect to the Former Number of Shares of Warrant Stock immediately prior to the Termination Date (all subject to further adjustment as provided in this Warrant).
Appears in 2 contracts
Samples: Warrant Agreement (Ariel Way Inc), Warrant Agreement (Ariel Way Inc)
Conversion of Stock. In case all the authorized Warrant Common Stock of the Company is converted, pursuant to the Company's Certificate of Incorporation, into Common Stock or other securities or property, or the Warrant Common Stock otherwise ceases to exist, then, in such case, the Warrant Holder, upon exercise of this Warrant at any time after the date on which the Warrant Common Stock is so converted or ceases to exist (the "Termination DateTERMINATION DATE"), shall receive, in lieu of the number of shares of Warrant Common Stock that would have been issuable upon such exercise immediately prior to the Termination Date (the "Former Number of Shares of Warrant StockFORMER NUMBER OF SHARES OF WARRANT STOCK"), the stock and other securities and property which the Warrant Holder would have been entitled to receive upon the Termination Date if the Warrant Holder had exercised this Warrant with respect to the Former Number of Shares of Warrant Stock immediately prior to the Termination Date (all subject to further adjustment as provided in this Warrant).
Appears in 1 contract
Conversion of Stock. In case all the authorized Warrant Stock of ------------------- the Company is converted, pursuant to the Company's Certificate Articles of Incorporation, into Common Stock or other securities or property, or the Warrant Stock otherwise ceases to exist, then, in such case, the Warrant Holder, upon exercise of this Warrant at any time after the date on which the Warrant Stock is so converted or ceases to exist (the "Termination Date"), shall receive, in lieu of the number of shares of Warrant Stock that would have been issuable upon such exercise immediately prior to the Termination Date (the "Former Number of Shares of Warrant Stock"), the stock and other securities and property to which the Warrant Holder would have been entitled to receive upon the Termination Date if the Warrant Holder had exercised this Warrant with respect to the Former Number of Shares of Warrant Stock immediately prior to the Termination Date (all subject to further adjustment as provided in this Warrant).
Appears in 1 contract
Samples: Note and Warrant Purchase Agreement (Lexar Media Inc)
Conversion of Stock. In case all the authorized Warrant Stock ------------------- of the Company is converted, pursuant to the Company's Certificate Articles of Incorporation, into Common Stock or other securities or property, or the Warrant Stock otherwise ceases to exist, then, in such case, the Warrant Holder, upon exercise of this Warrant at any time after the date on which the Warrant Stock is so converted or ceases to exist (the "Termination Date"), shall receive, in lieu of the number of shares of Warrant Stock that would have been issuable upon such exercise immediately prior to the Termination Date (the "Former Number of Shares of Warrant Stock"), the stock and other securities and property to which the Warrant Holder would have been entitled to receive upon the Termination Date if the Warrant Holder had exercised this Warrant with respect to the Former Number of Shares of Warrant Stock immediately prior to the Termination Date (all subject to further adjustment as provided in this Warrant).
Appears in 1 contract
Samples: Note and Warrant Purchase Agreement (Lexar Media Inc)