Common use of Recapitalizations Clause in Contracts

Recapitalizations. If at any time or from time to time there shall be a recapitalization of the Common Stock (other than a subdivision, combination or merger, sale of the voting stock of the Company or a sale of assets transaction provided for elsewhere in this Section 3), provision shall be made so that the holder of this Warrant shall thereafter be entitled to receive upon exercise of this Warrant the number of shares of stock or other securities or property of the Company or otherwise, to which a holder of Common Stock deliverable upon such exercise would have been entitled on such recapitalization. In any such case, appropriate adjustment shall be made in the application of the provisions of this Section 3 with respect to the rights of the holder of this Warrant after the recapitalization to the end that the provisions of this Section 3 (including adjustment of the Exercise Price then in effect and the number of shares purchasable upon exercise of this Warrant) shall be applicable after that event as nearly equivalent as may be practicable.

Appears in 8 contracts

Samples: Warrant Agreement (Friendly Energy Exploration), Common Stock Purchase Warrant (Tombstone Exploration Corp), Common Stock Purchase Warrant (Tombstone Exploration Corp)

AutoNDA by SimpleDocs

Recapitalizations. If at any time or from time to time there shall be a recapitalization of the Common Stock (other than a subdivision, combination or merger, sale of the voting stock of the Company merger or a sale of assets transaction provided for elsewhere in this Section 3), 3 or Section 2) provision shall be made so that the holder holders of this Warrant Preferred Stock shall thereafter be entitled to receive upon exercise conversion of this Warrant the shares of Preferred Stock the number of shares of stock or other securities or property of the Company Corporation or otherwise, to which a holder of Common Stock deliverable upon such exercise conversion would have been entitled on such recapitalization. In any such case, appropriate adjustment shall be made in the application of the provisions of this Section 3 with respect to the rights of the holder holders of this Warrant Preferred Stock after the recapitalization to the end that the provisions of this Section 3 (including adjustment of the Exercise respective Conversion Price then in effect and the number of shares purchasable upon exercise conversion of this Warrantthe shares of Preferred Stock) shall be applicable after that event as nearly equivalent as may be practicable.

Appears in 3 contracts

Samples: Loan Agreement (Wintegra Inc), Loan Agreement (Wintegra Inc), Loan Agreement (Wintegra Inc)

AutoNDA by SimpleDocs

Recapitalizations. If at any time or from time to time there ----------------- shall be a recapitalization of the Common Stock, or Series A Preferred Stock (other than a subdivision, combination or merger, sale of the voting stock of the Company merger or a sale of assets transaction provided for elsewhere in this Section 3D), provision shall be made so that the holder Holder of this Warrant shall will thereafter be entitled to receive upon exercise of this Warrant the number of shares of stock or other securities or property of the Company or otherwise, to which a holder Holder of Common Stock deliverable upon such exercise would have been entitled on such recapitalization. In any such case, appropriate adjustment shall be made in the application of the provisions of this Section 3 with respect to the rights of the holder Holder of this Warrant after the recapitalization to the end that the provisions of this Section 3 (including adjustment of the Exercise Price then in effect and the number of shares purchasable issuable upon exercise of this Warrant) shall be applicable after that event in as nearly an equivalent manner as may be practicable.

Appears in 1 contract

Samples: Common Stock Purchase Warrant (2bridge)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!