Notice of Consolidation or Merger. In the event of a merger, consolidation, exchange of shares, recapitalization, reorganization, or other similar event, as a result of which shares of Common Stock shall be changed into the same or a different number of shares of the same or another class or classes of stock or securities or other assets of the Company or another entity or there is a sale of all or substantially all the Company's assets (a "Corporate Change"), then this Warrant shall be exerciseable into such class and type of securities or other assets as Holder would have received had Holder exercised this Warrant immediately prior to such Corporate Change; provided, however, that Company may not affect any Corporate Change unless it first shall have given thirty (30) days notice to Holder hereof of any Corporate Change.
Notice of Consolidation or Merger. If the Company shall at any time consolidate or merge into any other corporation or transfer all or substantially all of its assets, then the Company shall deliver written notice to the Holder of such merger, consolidation or sale of assets at least twenty (20) days prior to the closing of such merger, consolidation or sale of assets and the Warrant shall terminate and expire immediately prior to the closing of such merger, consolidation or sale of assets.
Notice of Consolidation or Merger. The Company shall not, at any time after the date hereof, effect a merger, consolidation, exchange of shares, recapitalization, reorganization, or other similar event, as a result of which shares of Common Stock shall be changed into the same or a different number of shares of the same or another class or classes of stock or securities or other assets of the Company or another entity or there is a sale of all or substantially all the Company's assets (a "Corporate Change"), unless the resulting successor or acquiring entity (the "Resulting Entity") assumes by written instrument the Company's obligations under this Warrant, including but not limited to the Exercise Price reset provisions as provided herein during the term of the resultant warrants, and agrees in such written instrument that this Warrant shall be exerciseable into such class and type of securities or other assets of the Resulting Entity as Holder would have received had Holder exercised this Warrant immediately prior to such Corporate Change, and the Exercise Price of this Warrant shall be proportionately increased (if this Warrant shall be changed into or become exchangeable for a warrant to purchase a smaller number of shares of Common Stock of the Resulting Entity) or shall be proportionately decreased (if this Warrant shall be changed or become exchangeable for a warrant to purchase a larger number of shares of Common Stock of the Resulting Entity); provided, however, that Company may not affect any Corporate Change unless it first shall have given thirty (30) days notice to Holder hereof of any Corporate Change.
Notice of Consolidation or Merger. In the event of a merger, consolidation, exchange of shares, recapitalization, reorganization, or other similar event, as a result of which shares of Common Stock of the Company shall be changed into the same or a different number of shares of the same or another class or classes of stock or securities or other assets of the Company or another entity or there is a sale of all or substantially all the Company's assets (a "Corporate Change"), then this Warrant shall be assumed by the acquiring entity or any affiliate thereof and thereafter this Warrant shall be exerciseable into such class and type of securities or other assets as the Holder would have received had the Holder exercised this Warrant immediately prior to such Corporate Change; provided, however, that Company may not affect any Corporate Change unless it first shall have given thirty (30) days notice to the Holder hereof of any Corporate Change.
Notice of Consolidation or Merger. In the event of a Major Transaction (as defined below) is approved in writing by the Holder (a “Permissible Major Transaction”) and occurs, then this Warrant shall be exerciseable into such class and type of securities or other assets as Holder would have received had Holder exercised this Warrant immediately prior to such Permissible Major Transaction; provided, however, that Company shall provided the Holder with at least thirty (30) business days advance notice to Holder before effecting any Permissible Major Transaction.
Notice of Consolidation or Merger. In the event of a merger, consolidation, business combination, tender offer, exchange of shares, recapitalization, reorganization, redemption or other similar event, as a result of which shares of Common Stock of the Company shall be changed into the same or a different number of shares of the same or another class or classes of stock or securities or other assets of the Company or another entity or there is a sale of all or substantially all the Company's assets (a "Corporate Change"), then this Warrant shall be exercisable into such class and type of securities or other assets as the Holder would have received had the Holder exercised this Warrant immediately prior to such Corporate Change; provided, however, that Company may not effect any Corporate Change unless (i) it first shall have given twenty (20) business days' notice to the Holder hereof of any Corporate Change and makes a public announcement of such event at the same time that it gives such notice (it being understood that the filing by the Company of a Form 8-K for the purpose of disclosing the anticipated consummation of the Corporate Change shall constitute such a notice for purposes of this provision) and (ii) it requires the resulting successor or acquiring entity (if not the Company) to assume by written instrument the obligations of the Company hereunder and under the Securities Purchase Agreement and the Registration Rights Agreement.
Notice of Consolidation or Merger. If the Company shall at any time consolidate or merge into any other corporation or transfer all or substantially all of its assets, then the Company shall deliver written notice to the Holder of such merger, consolidation or sale of assets at least twenty (20) days prior to the closing of such merger, consolidation or sale of assets and the Warrant shall terminate and expire immediately prior to the closing of such merger, consolidation or sale of assets. Notwithstanding the above, this section 6.2 does not apply to the reorganization transaction between the Company and Southern Software Group scheduled to be completed in June 2003.
Notice of Consolidation or Merger. In the event of a merger, consolidation, exchange of shares, recapitalization, reorganization or other similar event, as a result of which shares of Common Stock of the Company shall be changed into the same or a different number of shares of the same or another class or classes of stock or securities or other assets of the Company or another entity or there is a sale of all or substantially all the Company's assets (a "Corporate Change"), then this Warrant shall be exercisable into such class and type of securities or other assets as the Holder would have received had the Holder exercised this Warrant immediately prior to such Corporate Change. The Company shall not effect any transaction described in this subsection 6(d) unless (i) it first gives to the Holder prior notice of such merger, consolidation, exchange of shares, recapitalization, reorganization, redemption or other similar event, and makes a public announcement of such event at the same time that it gives such notice and (ii) the resulting successor or acquiring entity (if not the Company) assumes by written instrument the obligations of the Company under this Warrant, including the terms of this subsection 6(d).
Notice of Consolidation or Merger. If the Company shall at any time consolidate or merge into any other corporation or transfer all or substantially all of its assets, then the Company shall deliver written notice to the Holder of such merger, consolidation or sale of assets at least twenty (20) days prior to the closing of such merger, consolidation or sale of assets and the Warrant shall terminate and expire immediately prior to the closing of such merger, consolidation or sale of assets. In addition, if the Company should be acquired by any other corporation, then this Warrant shall automatically be assumed by such acquiring corporation, and it shall be a condition to such acquisition that this Warrant be converted into the right to purchase such securities, cash or other assets delivered to holders of common stock of the Company at closing, as if this Warrant were exercised immediately prior to such closing.
Notice of Consolidation or Merger. In the event of a merger, consolidation, exchange of shares, recapitalization, reorganization, or other similar event, as a result of which shares of Common Stock shall be changed into the same or a different number of shares of the same or another class or classes of stock or securities or other assets of the Company or another entity or there is a sale of all or substantially all the Company's assets (a "Corporate Change"), then this Warrant shall be exerciseable into such class and type of securities or other assets as Holder would have received had Holder exercised this Warrant immediately prior to such Corporate Change; provided, however, that Company may not affect any Corporate Change unless it first shall have given thirty (30) days notice to Holder hereof of any Corporate Change. In the event that the Company enters into a definitive agreement to be acquired in a transaction after which the common shareholders of the Company will no longer hold publicly traded shares of common stock, the Company may force the Holder(s) to exercise this Warrant by giving at least thirty (30) days advance notice of such transaction and of the Company's intent to force exercise of the Warrants, provided that exercise of the Warrants may be forced only if the price of the Company's Common Stock is at least two times the Exercise Price for each of the ten (10) trading days immediately preceding and immediately following the date of such notice. The Holder shall have 20 trading days to exercise this Warrant after the date of receipt of such notice.
