Common use of Conversion of Stock Clause in Contracts

Conversion of Stock. In case all (a) the authorized Warrant Stock is converted, pursuant to the Company’s Certificate of Incorporation, into Common Stock or other securities or property, or (b) the Warrant Stock otherwise ceases to exist or to be authorized by the Company’s Certificate of Incorporation (each, a “Stock Event”), then Holder, upon exercise of this Warrant at any time after such Stock Event, shall receive, in lieu of the number of shares of Warrant Stock that would have been issuable upon exercise of this Warrant immediately prior to such Stock Event, the stock and other securities and property that Holder would have been entitled to receive upon the Stock Event, if, immediately prior to such Stock Event, Holder had completed such exercise of this Warrant.

Appears in 4 contracts

Samples: Warrant Agreement (Silk Road Medical Inc), Warrant Agreement (Silk Road Medical Inc), Warrant Agreement (Silk Road Medical Inc)

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Conversion of Stock. In each case all where (a) all the authorized Warrant outstanding Conversion Stock is converted, pursuant to the terms of the Company’s Certificate of Incorporation, into Common Stock or other securities or property, or (b) the Warrant Conversion Stock otherwise ceases to exist or to be authorized by under the Company’s Certificate of Incorporation (each, each a “Stock Event”), then Holder, upon exercise conversion of this Warrant Note at any time after such Stock Event, shall receive, in lieu of the number of shares of Warrant Conversion Stock that would have been issuable upon exercise conversion of this Warrant Note immediately prior to such Stock Event, the stock and other securities and property that Holder would have been entitled to receive upon the Stock Event, if, if immediately prior to such Stock Event, Holder had completed such exercise of this Warrantconverted the Actual Conversion Amount into Conversion Stock.

Appears in 2 contracts

Samples: Subordination Agreement (Ziprecruiter, Inc.), Subordination Agreement (Ziprecruiter, Inc.)

Conversion of Stock. In case all (a) the authorized Warrant Stock is converted, pursuant to the Company’s Certificate of IncorporationRestated Articles, into Common Stock or other securities or property, or (b) the Warrant Stock otherwise ceases to exist or to be authorized by the Company’s Certificate of Incorporation Restated Articles (each, a “Stock Event”), then Holder, upon exercise of this Warrant at any time after such Stock Event, shall receive, in lieu of the number of shares of Warrant Stock and other securities and property that Holder would have been issuable entitled to receive upon exercise of this Warrant immediately prior to such Stock Event, the stock and other securities and property that Holder would have been entitled to receive upon the Stock Event, if, immediately prior to such Stock Event, Holder had completed such exercise of exercised this Warrant.

Appears in 2 contracts

Samples: Credit Agreement (ADESTO TECHNOLOGIES Corp), Credit Agreement (ADESTO TECHNOLOGIES Corp)

Conversion of Stock. In case all (a) the authorized Warrant Stock is converted, exchanged, reclassified, redesignated or reconstituted pursuant to the Company’s Certificate of Incorporation, including any successive such transactions with respect thereto, into Common Stock or any other securities or property, or (b) the Warrant Stock otherwise ceases to exist or to be authorized by the Company’s Certificate of Incorporation (each, a “Stock Event”), then Holder, upon exercise of this Warrant at any time after such Stock Event, shall receive, in lieu of the number of shares of Warrant Stock that would have been issuable upon exercise of this Warrant immediately prior to such Stock Event, the stock and other securities and property that Holder would have been entitled to receive upon the Stock Event, if, immediately prior to such Stock Event, Holder had completed such exercise of this Warrant.

Appears in 2 contracts

Samples: Warrant Agreement (Robinhood Markets, Inc.), Warrant Agreement (Robinhood Markets, Inc.)

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Conversion of Stock. In case all (a) the authorized Warrant Stock is converted, pursuant to the Company’s Certificate of IncorporationRestated Certificate, into Common Stock or other securities or propertyproperty of the Company, or (b) the Warrant Stock otherwise ceases to exist or to be authorized by the Company’s Restated Certificate of Incorporation (each, a “Stock Event”), then Holder, upon exercise of this Warrant at any time after such Stock Event, shall receive, in lieu of the number of shares of Warrant Stock that would have been issuable upon exercise of this Warrant immediately prior to such Stock Event, the stock and other securities and property that Holder would have been entitled to receive upon the Stock Event, if, immediately prior to such Stock Event, Holder had completed such exercise of this Warrant.

Appears in 1 contract

Samples: Warrant Agreement (Graybug Vision, Inc.)

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