Common use of Notice of Consolidation or Merger Clause in Contracts

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.

Appears in 4 contracts

Samples: BioMETRX, BioMETRX, BioMETRX

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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 Exerciseable into such class and type of securities or other assets as Holder would have received had Holder exercised 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.

Appears in 2 contracts

Samples: QPC Lasers, QPC Lasers

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