Common use of Reclassification, Reorganization and Consolidation Clause in Contracts

Reclassification, Reorganization and Consolidation. In case of any reclassification, capital reorganization, or change in the Common Stock of the Company (other than as a result of a subdivision, combination, or stock dividend provided for in Section 7(a) above), then appropriate provisions shall be made, and duly executed documents evidencing the same from the Company or its successor shall be delivered to the holder hereof, so that such holder shall have the right at any time prior to the expiration of this Warrant to purchase, at a total price equal to that payable upon the exercise of this Warrant, the kind and amount of shares of stock and other securities and property receivable in connection with such reclassification, reorganization, or change by a holder of the same number of shares of Common Stock as were purchasable by the holder hereof immediately prior to such reclassification, reorganization, or change. In any such case appropriate provisions shall be made with respect to the rights and interest of the holder hereof so that the provisions hereof shall thereafter be applicable with respect to any shares of stock or other securities and property deliverable upon exercise hereof, and appropriate adjustments shall be made to the Exercise Price hereunder, provided the aggregate Exercise Price shall remain the same.

Appears in 1 contract

Samples: Viasat Inc

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Reclassification, Reorganization and Consolidation. In case of any reclassification, capital reorganization, reorganization or change in the Common Stock capital stock of the Company (other than as a result of a subdivision, combination, combination or stock dividend provided for in Section 7(a6(a) above), then appropriate provisions then, as a condition of such reclassification, reorganization or change, lawful provision shall be made, and duly executed documents evidencing the same from the Company or its successor shall be delivered to the holder hereofHolder, so that such holder the Holder shall have the right at any time prior to the expiration of this Warrant to purchase, at a total price equal to that payable upon the exercise of this Warrant, the kind and amount of shares of stock and other securities and or property receivable in connection with such reclassification, reorganization, reorganization or change by a holder of the same number and type of shares of Common Stock securities as were purchasable as Shares by the holder hereof Holder immediately prior to such reclassification, reorganization, reorganization or change. In any such case appropriate provisions shall be made with respect to the rights and interest of the holder hereof Holder so that the provisions hereof shall thereafter be applicable with respect to any shares of stock or other securities and or property deliverable upon exercise hereof, and appropriate adjustments shall be made to the Exercise Price per Share payable hereunder, provided the aggregate Exercise Price shall remain the same.

Appears in 1 contract

Samples: Zhongchao Inc.

Reclassification, Reorganization and Consolidation. In case of any reclassification, capital reorganization, or change in the Common Stock of the Company (other than as a result of a subdivision, combination, or stock dividend provided for in Section 7(a) above), then appropriate provisions then, as a condition of such reclassification, reorganization, or change, lawful provision shall be made, and duly executed documents evidencing the same from the Company or its successor shall be delivered to the holder hereofHolder, so that such holder the Holder shall have the right at any time prior to the expiration of this Warrant to purchase, at a total price equal to that payable upon the exercise of this WarrantExercise Price, the kind and amount of shares of stock and other securities and property receivable in connection with such reclassification, reorganization, or change by a holder of the same number of shares of Common Stock as were purchasable by the holder hereof Holder immediately prior to such reclassification, reorganization, or change. In any such case appropriate provisions shall be made with respect to the rights and interest of the holder hereof Holder so that the provisions hereof shall thereafter be applicable with respect to any shares of stock or other securities and property deliverable upon exercise hereof, and appropriate adjustments shall be made to the Exercise Price purchase price per share payable hereunder, provided the aggregate Exercise Price shall remain the same.

Appears in 1 contract

Samples: Warrant (Vistula Communications Services, Inc.)

Reclassification, Reorganization and Consolidation. In case of any reclassification, capital reorganization, reorganization or change in the Common Stock capital stock of the Company (other than as a result of a subdivision, combination, combination or stock dividend provided for in Section 7(a10.a) above), then appropriate provisions then, as a condition of such reclassification, reorganization or change, lawful provision shall be made, and duly executed documents evidencing the same from the Company or its successor shall be delivered to the holder hereofHolder, so that such holder the Holder shall have the right at any time prior to the expiration of this Warrant to purchase, at a total price equal to that payable upon the exercise of this Warrant, the kind and amount of shares of stock and other securities and or property receivable in connection with such reclassification, reorganization, reorganization or change by a holder of the same number and type of shares of Common Stock securities as were purchasable as Common Stock by the holder hereof Holder immediately prior to such reclassification, reorganization, reorganization or change. In any such case appropriate provisions shall be made with respect to the rights and interest of the holder hereof Holder so that the provisions hereof shall thereafter be applicable with respect to any shares of stock or other securities and or property deliverable upon exercise hereof, and appropriate adjustments shall be made to the Exercise Price per Share payable hereunder, provided the aggregate Exercise Price shall remain the same.

Appears in 1 contract

Samples: Security Agreement (Universal Security Instruments Inc)

Reclassification, Reorganization and Consolidation. In the case of any reclassification, capital reorganization, reorganization or change in the Common Stock of the Company (other than as a result of a subdivision, combination, combination or stock dividend provided for in Section 7(a8(a) above), then appropriate provisions then, as a condition of such reclassification, reorganization or change, lawful provision shall be made, and duly executed documents evidencing the same from the Company or its successor shall be delivered to the holder hereofInvestor, so that such holder the Investor shall have the right at any time prior to the expiration of this Warrant to purchase, at a total price equal to that payable upon the exercise of this Warrant, the kind and amount of shares of stock and other securities and property receivable in connection with such reclassification, reorganization, reorganization or change by a holder of the same number of shares of Common Stock Shares as were purchasable by the holder hereof Investor immediately prior to such reclassification, reorganization, reorganization or change. In any such case appropriate provisions shall be made with respect to the rights and interest interests of the holder hereof Investor so that the provisions hereof shall thereafter be applicable with respect to any shares of stock or other securities and property deliverable upon exercise hereof, and appropriate adjustments shall be made to the Exercise Price hereunderPrice, provided provided, however, that the aggregate Exercise Price purchase price shall remain the same.

Appears in 1 contract

Samples: CyDex Pharmaceuticals, Inc.

Reclassification, Reorganization and Consolidation. In case of any reclassification, capital reorganization, or change in the Common Stock of the Company (other than as a result of a subdivision, combination, or stock dividend provided for in Section 7(a8(a) above), then appropriate provisions then, as a condition of such reclassification, reorganization, or change, lawful provision shall be made, and duly executed documents evidencing the same from the Company or its successor shall be delivered to the holder hereofHolder, so that such holder the Holder shall have the right at any time prior to the expiration of this Warrant to purchase, at a total price equal to that payable upon the exercise of this WarrantExercise Price, the kind and amount of shares of stock and other securities and property receivable in connection with such reclassification, reorganization, or change by a holder of the same number of shares of Common Stock as were purchasable by the holder hereof Holder immediately prior to such reclassification, reorganization, or change. In any such case appropriate provisions shall be made with respect to the rights and interest of the holder hereof Holder so that the provisions hereof shall thereafter be applicable with respect to any shares of stock or other securities and property deliverable upon exercise hereof, and appropriate adjustments shall be made to the Exercise Price purchase price per share payable hereunder, provided the aggregate Exercise Price shall remain the same.

Appears in 1 contract

Samples: Warrant (Vistula Communications Services, Inc.)

Reclassification, Reorganization and Consolidation. In case of any reclassification, capital reorganization, reorganization or change in the Common Stock capital stock of the Company (other than as a result of a subdivision, combination, combination or stock dividend provided for in Section 7(a8(a) above), then appropriate provisions then, as a condition of such reclassification, reorganization or change, lawful provision shall be made, and duly executed documents evidencing the same from the Company or its successor shall be delivered to the holder hereofHolder, so that such holder Holder shall have the right at any time prior to the expiration of this Warrant to purchase, at a total price equal to that payable upon the exercise of this Warrant, the kind and amount of shares of stock and other securities and or property receivable in connection with such reclassification, reorganization, reorganization or change by a holder of the same number and type of shares of Common Stock securities as were purchasable as Shares by the holder hereof Holder immediately prior to such reclassification, reorganization, reorganization or change. In any such case appropriate provisions shall be made with respect to the rights and interest of the holder hereof Holder so that the provisions hereof shall thereafter be applicable with respect to any shares of stock or other securities and or property deliverable upon exercise hereof, and appropriate adjustments shall be made to the Exercise Price per Share payable hereunder, provided the aggregate Exercise Price shall remain the same.

Appears in 1 contract

Samples: Spirit of Texas Bancshares, Inc.

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Reclassification, Reorganization and Consolidation. In case of any reclassification, capital reorganization, reorganization or change in the Common Stock capital stock of the Company (other than as a result of a subdivision, combination, combination or stock dividend provided for in Section 7(a8(a) above), then appropriate provisions then, as a condition of such reclassification, reorganization or change, lawful provision shall be made, and duly executed documents evidencing the same from the Company or its successor shall be delivered to the holder hereofHolder, so that such holder the Holder shall have the right at any time prior to the expiration of this Warrant to purchase, at a total price equal to that payable upon the exercise of this Warrant, the kind and amount of shares of stock and other securities and or property receivable in connection with such reclassification, reorganization, reorganization or change by a holder of the same number and type of shares of Common Stock securities as were purchasable as Shares by the holder hereof Holder immediately prior to such reclassification, reorganization, reorganization or change. In any such case appropriate provisions shall be made with respect to the rights and interest of the holder hereof Holder so that the provisions hereof shall thereafter be applicable with respect to any shares of stock or other securities and or property deliverable upon exercise hereof, and appropriate adjustments shall be made to the Exercise Price payable hereunder, provided the aggregate Exercise Price shall remain the same.

Appears in 1 contract

Samples: Palantir Technologies Inc.

Reclassification, Reorganization and Consolidation. In case of any reclassification, capital reorganization, reorganization or change in the Common Stock of the Company (other than as a result of a subdivision, combination, stock dividend or stock dividend split provided for in Section 7(a) 8.1 above), then appropriate provisions then, as a condition of such reclassification, reorganization or change, lawful provision shall be made, and duly executed documents evidencing the same from the Company or its successor shall be delivered to the holder hereofTSIL, so that such holder TSIL shall have the right at any time prior to the expiration of this Warrant to purchase, at a total price equal to that payable upon the exercise of this Warrant, the kind and amount of shares of stock and other securities and property receivable in connection with such reclassification, reorganization, reorganization or change by a holder TSIL of the same number of shares of Common Stock as were purchasable by the holder hereof TSIL immediately prior to such reclassification, reorganization, reorganization or change. In any such case appropriate provisions shall be made with respect to the rights and interest of the holder hereof TSIL so that the provisions hereof shall thereafter be applicable with respect to any shares of stock or other securities and property deliverable upon exercise hereof, and appropriate adjustments shall be made to the Exercise Price per share payable hereunder, provided the aggregate Exercise Price shall remain the same.

Appears in 1 contract

Samples: Warrant Agreement (Imp Inc)

Reclassification, Reorganization and Consolidation. In case of any reclassification, capital reorganization, or change in the Common Stock of the Company ViaSat (other than as a result of a subdivision, combination, or stock dividend provided for in Section 7(aParagraph 9(a) above), then appropriate provisions shall be made, and duly executed documents evidencing the same from the Company ViaSat or its successor shall be delivered to the holder Holder hereof, so that such holder Holder shall have the right at any time prior to the expiration of this Warrant to purchase, at a total price equal to that payable upon the exercise of this Warrant, the kind and amount of shares of stock and other securities and property receivable in connection with such reclassification, reorganization, or change by a holder of the same number of shares of Common Stock as were purchasable by the holder Holder hereof immediately prior to such reclassification, reorganization, or change. In any such case appropriate provisions shall be made with respect to the rights and interest of the holder Holder hereof so that the provisions hereof shall thereafter be applicable with respect to any shares of stock or of other securities and property deliverable upon exercise hereof, and appropriate adjustments shall be made to the Exercise Price hereunder, provided the aggregate Exercise Price shall remain the same.

Appears in 1 contract

Samples: Viasat Inc

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