Common use of Preservation of Purchase Rights Upon Merger, Consolidation, etc Clause in Contracts

Preservation of Purchase Rights Upon Merger, Consolidation, etc. In case of any consolidation of the Company with or merger of the Company into another corporation or in case of any sale, transfer or lease to another corporation of all or substantially all the property of the Company, the Company or such successor or purchasing corporation, as the case may be, shall execute with each Holder an agreement that each Holder shall have the right thereafter upon payment of the Warrant Price in effect immediately prior to such action to purchase upon exercise of each Warrant the kind and amount of shares and other securities, cash and property which it would have owned or would have been entitled to receive after the happening of such consolidation, merger, sale, transfer or lease had such Warrant been exercised immediately prior to such action; provided, however, that no adjustment in respect of dividends, interest or other

Appears in 3 contracts

Samples: Warrant Agreement (Aremissoft Corp /De/), Warrant Agreement (Aremissoft Corp /De/), Warrant Agreement (Aremissoft Corp /De/)

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Preservation of Purchase Rights Upon Merger, Consolidation, etc. In case of any consolidation of the Company with or merger of the Company into another corporation or in case of any sale, transfer or lease to another corporation of all or substantially all of the property of the Company, the Company or such successor or purchasing corporation, as the case may be, shall execute with each Holder the Warrantholders an agreement that each Holder the Warrantholders shall have the right thereafter upon payment of the Warrant Exercise Price in effect immediately prior to such action to purchase upon exercise of each this Warrant the kind and amount of shares and other securities, cash securities and property which it such holder would have owned or would have been entitled to receive after the happening of such consolidation, merger, sale, transfer or lease had such this Warrant been exercised immediately prior to such action; provided, however, that no adjustment in respect of cash dividends, interest or otherother income on or from such

Appears in 1 contract

Samples: Fyi Inc

Preservation of Purchase Rights Upon Merger, Consolidation, etc. In case of any consolidation of the Company with or merger of the Company into another corporation person or in case of any sale, transfer or lease to another corporation of all or substantially all of the property assets of the Company, the Company company or such successor or purchasing corporationpurchaser, as the case may be, shall execute with each Holder the Warrantholders an agreement that each Holder the Warrantholders shall have the right thereafter upon payment of the Warrant Exercise Price in effect immediately prior to such action to purchase upon exercise of each Warrant the kind and amount of shares and other securities, cash securities and property which it that the holder thereof would have owned or would have been entitled to receive after the happening of such consolidation, merger, sale, transfer or lease had such Warrant been exercised immediately prior to such action; provided, however, that no adjustment in respect of dividends, interest or other;

Appears in 1 contract

Samples: These Securities (Brightstar Information Technology Group Inc)

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Preservation of Purchase Rights Upon Merger, Consolidation, etc. In case of any consolidation of the Company with or merger of the Company into another corporation person or in case of any sale, transfer or lease to another corporation of all or substantially all of the property assets of the Company, the Company company or such successor or purchasing corporationpurchaser, as the case may be, shall execute with each Holder the Warrantholders an agreement that each Holder the Warrantholders shall have the right thereafter upon payment of the Warrant Exercise Price in effect immediately prior to such action to purchase upon exercise of each Warrant the kind and amount of shares and other securities, cash securities and property which it that the holder thereof would have owned or would have been entitled to receive after the happening of such consolidation, merger, sale, transfer or lease had such Warrant been exercised immediately prior to such action; provided, however, that no adjustment in respect of cash dividends, interest or otherother income on or

Appears in 1 contract

Samples: These Securities (Transcoastal Marine Services Inc)

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