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

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 case of 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 the kind and number of shares of stock and other securities and property receivable upon such reclassification, change, consolidation, merger, sale or conveyance as if the Holders were the owners of the shares of Common Stock underlying the Warrants immediately prior to any such events at a price equal to the

Appears in 1 contract

Samples: Warrant Agreement (Bioshield Technologies Inc)

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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 case of 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 the kind and number of shares of stock and other securities and property receivable upon such reclassification, change, consolidation, merger, sale or conveyance as if the Holders were the owners of both the shares of Common Stock underlying the Warrants immediately prior to any such events at a price equal to Shares and the

Appears in 1 contract

Samples: Warrant Agreement (Sherwood Brands 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 case of 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 the kind and number of shares of stock and other securities and property receivable upon such reclassification, change, consolidation, merger, sale or conveyance as if the Holders were the owners of both the shares of Common Stock underlying Shares and the Warrants underlaying warrant Shares immediately prior to any such events at a price equal to theevents.

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 case Holder of a sale or conveyance to another corporation of the property of the Company as an entirety, the Holders each Warrant shall thereafter have the right to purchase purchase, in lieu of the Warrant 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, change, consolidation, or merger, sale or conveyance as if the Holders Holder were the owners owner of the shares of Common Stock Warrant Shares underlying the Warrants such Warrant immediately prior to any such events at a price equal to theevents.

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 case Holder of a sale or conveyance to another corporation of the property of the Company as an entirety, the Holders each Warrant shall thereafter have the right to purchase 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, change, consolidation, or merger, sale or conveyance as if the Holders Holder were the owners owner of the shares of Common Stock underlying the Warrants such Warrant immediately prior to any such events at a price equal to theevents.

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 case of 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 the kind and number of shares of stock and other securities and property receivable upon such reclassification, change, consolidation, merger, sale or conveyance as if the Holders were the owners of both the shares of Common Stock underlying Shares and the Warrants Underlying Warrant Shares immediately prior to any such events at a price equal to theevents, at

Appears in 1 contract

Samples: Warrant Agreement (Recovery Network 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 case of 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 the kind and number of shares of stock and other securities and property receivable upon such reclassification, change, consolidation, merger, sale or conveyance as if the Holders were the owners of the shares of Common Stock underlying the Warrants immediately prior to any such events at a price equal to theStock

Appears in 1 contract

Samples: Warrant Agreement (Ibs Interactive Inc)

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 case of 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 the kind and number of shares of stock and other securities and property receivable upon such reclassification, change, consolidation, merger, sale or conveyance as if the Holders were the owners of both the shares of Common Class A Stock and the underlying the Warrants warrant Class A Stock immediately prior to any such events at a price equal to theevents.

Appears in 1 contract

Samples: Representative'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 case of 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 the kind and number of shares of stock and other securities and property receivable upon such reclassification, change, consolidation, merger, sale or conveyance as if the Holders were the owners of both the shares of Common Stock underlying Shares and the Warrants Underlying Warrant Shares immediately prior to any such events at a price equal to theevents.

Appears in 1 contract

Samples: Warrant Agreement (Uniservice Corp/Fl)

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