Common use of Reclassification, Consolidation, Merger, etc Clause in Contracts

Reclassification, Consolidation, Merger, etc. In case of any reclassification of the outstanding shares of Common Stock (other than a change in par value to no par value, or from no par value to par value, or as a result of a subdivision or combination), or in the case of any consolidation of the Company with, or merger of the Company into, another corporation (other than a consolidation or merger in which the Company is the surviving corporation and which does not result in any reclassification of the outstanding shares of Common Stock, except a change as a result of a subdivision or combination of such shares or a change in par value, as aforesaid), the Holder of each Warrant shall thereafter have the right to purchase, in lieu of the shares of Common Stock, upon the satisfaction of all of the conditions to the exercise of such Warrant in accordance with this Agreement, the kind and number of shares of stock and other securities and property receivable upon such reclassification, consolidation, or merger, as if the Holder were the owner of the shares of Common Stock underlying such Warrant immediately prior to any such events.

Appears in 1 contract

Samples: Warrant Agreement (Magna Lab Inc)

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Reclassification, Consolidation, Merger, etc. In case of any reclassification or change of the outstanding shares of Common Stock (other than a change in par value to no par value, or from no par value to par value, or as a result of a subdivision or combination), or in the case of any consolidation of the Company with, or merger of the Company into, another corporation (other than a consolidation or merger in which the Company is the surviving corporation and which does not result in any reclassification or change of the outstanding shares of Common Stock, except a change as a result of a subdivision or combination of such shares or a change in par value, as aforesaid), or in the Holder case of each Warrant a sale or conveyance to another corporation of the property of the Company as an entirety, the Holders shall thereafter have the right to purchase, in lieu of the shares of Common Stock, upon the satisfaction of all of the conditions to the exercise of such Warrant in accordance with this Agreement, purchase the kind and number of shares of stock and other securities and property receivable upon such reclassification, consolidation, or merger, as if the Holder were the owner of the shares of Common Stock underlying such Warrant immediately prior to any such events.number

Appears in 1 contract

Samples: Warrant Agreement (Marine Management Systems Inc)

Reclassification, Consolidation, Merger, etc. In case of any reclassification of the outstanding shares of Common Stock (other than a change in par value to no par value, or from no par value to par value, or as a result of a subdivision or combination), or in the case of any consolidation of the Company with, or merger of the Company into, another corporation (other than a consolidation or merger in which the Company is the surviving corporation and which does not result in any reclassification of the outstanding shares of Common Stock, except a change as a result of a subdivision or combination of such shares or a change in par value, as aforesaid), the Holder of each Warrant shall thereafter have the right to purchase, in lieu of the shares of Common StockWarrant Shares, upon the satisfaction of all of the conditions to the exercise of such Warrant in accordance with this Agreement, the kind and number of shares of stock and other securities and property receivable upon such reclassification, consolidation, or merger, as if the Holder were the owner of the shares of Common Stock Warrant Shares underlying such Warrant immediately prior to any such events.

Appears in 1 contract

Samples: Warrant Agreement (Magna Lab Inc)

Reclassification, Consolidation, Merger, etc. In case of any reclassification or change of the outstanding shares of Common Stock (other than a change in par value to no par value, or from no par value to par value, or as a result of a subdivision or combination), or in the case of any consolidation of the Company with, or merger of the Company into, another corporation (other than a consolidation or merger in which the Company is the surviving corporation and which does not result in any reclassification or change of the outstanding shares of Common Stock, except a change as a result of a subdivision or combination of such shares or a change in par value, as aforesaid), or in the Holder case of each Warrant a sale or conveyance to another corporation of the property of the Company as an entirety, the Holders shall thereafter have the right to purchase, in lieu of the shares of Common Stock, upon the satisfaction of all of the conditions to the exercise of such Warrant in accordance with this Agreement, purchase the kind and number of shares of stock and other securities and property receivable upon such reclassification, change, consolidation, or merger, sale or conveyance as if the Holder Holders were the owner owners of the shares of Common Stock underlying such Warrant the Warrants immediately prior to any such events.events at a price equal to the

Appears in 1 contract

Samples: Warrant Agreement (Bioshield Technologies Inc)

Reclassification, Consolidation, Merger, etc. In case of any reclassification or change of the outstanding shares of Common Stock (other common stock(other than a change in par value to no par value, or from no par value to par value, or as a result of a subdivision or combination), or in the case of any consolidation of the Company with, or merger of the Company into, another corporation (other than a consolidation or merger in which the Company is the surviving corporation and which does not result in any reclassification or change of the outstanding shares of Common Stockcommon stock, except a change as a result of a subdivision or combination of such shares or a change in par value, as aforesaid), or in the Holder case of each Warrant a sale or conveyance to another corporation of the property of the Company as an entirety, the Holders shall thereafter have the right to purchase, in lieu of the shares of Common Stock, upon the satisfaction of all of the conditions to the exercise of such Warrant in accordance with this Agreement, purchase the kind and number of shares of stock and other securities and property receivable upon such reclassification, change, consolidation, or merger, sale or conveyance as if the Holder Holders were the owner owners of both the shares of Common Stock underlying such Warrant Shares and the underlaying warrant Shares immediately prior to any such events.

Appears in 1 contract

Samples: Warrant Agreement (Bio Aqua Systems Inc)

Reclassification, Consolidation, Merger, etc. In case of any reclassification or change of the outstanding shares of Common Stock (other than a change in par value to no par value, or from no par value to par value, or as a result of a subdivision or combination), or in the case of any consolidation of the Company with, or merger of the Company into, another corporation (other than a consolidation or merger in which the Company is the surviving corporation and which does not result in any reclassification or change of the outstanding shares of Common Stock, except a change as a result of a subdivision or combination of such shares or a change in par value, as aforesaid), or in the Holder case of each Warrant a sale or conveyance to another corporation of the property of the Company as an entirety, the Holders shall thereafter have the right to purchase, in lieu of the shares of Common Stock, upon the satisfaction of all of the conditions to the exercise of such Warrant in accordance with this Agreement, purchase the kind and number of shares of stock and other securities and property receivable upon such reclassification, change, consolidation, or merger, sale or conveyance as if the Holder Holders were the owner owners of both the shares of Common Stock underlying such Shares and the Underlying Warrant Shares immediately prior to any such events., at

Appears in 1 contract

Samples: Warrant Agreement (Recovery Network Inc)

Reclassification, Consolidation, Merger, etc. In case of any reclassification or change of the outstanding shares of Common Stock (other than a change in par value to no par value, or from no par value to par value, or as a result of a subdivision or combination), or in the case of any consolidation of the Company with, or merger of the Company into, another corporation (other than a consolidation or merger in which the Company is the surviving corporation and which does not result in any reclassification or change of the outstanding shares of Common Stock, except a change as a result of a subdivision or combination of such shares or a change in par value, as aforesaid), or in the Holder case of each Warrant a sale or conveyance to another corporation of the property of the Company as an entirety, the Holders shall thereafter have the right to purchase, in lieu of the shares of Common Stock, upon the satisfaction of all of the conditions to the exercise of such Warrant in accordance with this Agreement, purchase the kind and number of shares of stock and other securities and property receivable upon such reclassification, change, consolidation, or merger, sale or conveyance as if the Holder Holders were the owner owners of the shares of Common Stock underlying such Warrant immediately prior to any such events.Stock

Appears in 1 contract

Samples: Warrant Agreement (Ibs Interactive Inc)

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Reclassification, Consolidation, Merger, etc. In case of any reclassification or change of the outstanding shares of Common Stock common stock (other than a change in par value to no par value, or from no par value to par value, or as a result of a subdivision or combination), or in the case of any consolidation of the Company with, or merger of the Company into, another corporation (other than a consolidation or merger in which the Company is the surviving corporation and which does not result in any reclassification or change of the outstanding shares of Common Stockcommon stock, except a change as a result of a subdivision or combination of such shares or a change in par value, as aforesaid), or in the Holder case of each Warrant a sale or conveyance to another corporation of the property of the Company as an entirety, the Holders shall thereafter have the right to purchase, in lieu of the shares of Common Stock, upon the satisfaction of all of the conditions to the exercise of such Warrant in accordance with this Agreement, purchase the kind and number of shares of stock and other securities and property receivable upon such reclassification, change, consolidation, or merger, sale or conveyance as if the Holder Holders were the owner owners of both the shares of Common Class A Stock and the underlying such Warrant warrant Class A Stock immediately prior to any such events.

Appears in 1 contract

Samples: 'S Warrant Agreement (Bio Aqua Systems Inc)

Reclassification, Consolidation, Merger, etc. In case of any reclassification or change of the outstanding shares of Common Stock (other than a change in par value to no par value, or from no par value to par value, or as a result of a subdivision or combination), or in the case of any consolidation of the Company with, or merger of the Company into, another corporation (other than a consolidation or merger in which the Company is the surviving corporation and which does not result in any reclassification or change of the outstanding shares of Common Stock, except a change as a result of a subdivision or combination of such shares or a change in par value, as aforesaid), or in the Holder case of each Warrant a sale or conveyance to another corporation of the property of the Company as an entirety, the Holders shall thereafter have the right to purchase, in lieu of the shares of Common Stock, upon the satisfaction of all of the conditions to the exercise of such Warrant in accordance with this Agreement, purchase the kind and number of shares of stock and other securities and property receivable upon such reclassification, change, consolidation, or merger, sale or conveyance as if the Holder Holders were the owner owners of both the shares of Common Stock underlying such Shares and the Underlying Warrant Shares immediately prior to any such events.

Appears in 1 contract

Samples: Warrant Agreement (Uniservice Corp/Fl)

Reclassification, Consolidation, Merger, etc. In case of any reclassification or change of the outstanding shares of Class A Common Stock (other than a change in par value to no par value, or from no par value to par value, or as a result of a subdivision or combination), or in the case of any consolidation of the Company with, or merger of the Company into, another corporation (other than a consolidation or merger in which the Company is the surviving corporation and which does not result in any reclassification or change of the outstanding shares of Class A Common Stock, except a change as a result of a subdivision or combination of such shares or a change in par value, as aforesaid), or in the Holder case of each Warrant a sale or conveyance to another corporation of the property of the Company as an entirety, the Holders shall thereafter have the right to purchase, in lieu of the shares of Common Stock, upon the satisfaction of all of the conditions to the exercise of such Warrant in accordance with this Agreement, purchase the kind and number of shares of stock and other securities and property receivable upon such reclassification, change, consolidation, or merger, sale or conveyance as if the Holder Holders were the owner owners of both the shares of Common Stock underlying such Warrant immediately prior to any such events.Shares and the

Appears in 1 contract

Samples: Warrant Agreement (Sherwood Brands Inc)

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