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 capital stock of the Company (other than as a result of a subdivision, combination or stock dividend provided for in Section 8(a) above), 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, so that 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 or property receivable in connection with such reclassification, reorganization or change by a holder of the same number and type of securities as were purchasable as Shares by the 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 so that the provisions hereof shall thereafter be applicable with respect to any shares of stock or other securities 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: Warrant Agreement (Palantir Technologies Inc.)

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Reclassification, Reorganization and Consolidation. In case of any reclassification, capital reorganization reorganization, or change in the capital stock Common Stock of the Company ViaSat (other than as a result of a subdivision, combination combination, or stock dividend provided for in Section 8(aParagraph 9(a) above), then, as a condition of such reclassification, reorganization or change, lawful provision 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 HolderHolder hereof, so that the 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 or and property receivable in connection with such reclassification, reorganization reorganization, or change by a holder of the same number and type of securities shares of Common Stock as were purchasable as Shares by the Holder hereof 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 so that the provisions hereof shall thereafter be applicable with respect to any shares of stock or of other securities or and 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: Warrant Agreement (Viasat Inc)

Reclassification, Reorganization and Consolidation. In case of any reclassification, capital reorganization or change in the capital stock Common Stock of the Company (other than as a result of a subdivision, combination combination, stock dividend or stock dividend split provided for in Section 8(a) 8.1 above), 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 HolderTSIL, so that the 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 or and property receivable in connection with such reclassification, reorganization or change by a holder TSIL of the same number and type of securities shares of Common Stock as were purchasable as Shares by the Holder TSIL 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 TSIL so that the provisions hereof shall thereafter be applicable with respect to any shares of stock or other securities or 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 the case of any reclassification, capital reorganization or change in the capital stock Common Stock of the Company (other than as a result of a subdivision, combination or stock dividend provided for in Section 8(a) above), 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 HolderInvestor, so that the Holder 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 or and property receivable in connection with such reclassification, reorganization or change by a holder of the same number and type of securities Shares as were purchasable as Shares by the Holder Investor immediately prior to such reclassification, reorganization or change. In any such case appropriate provisions shall be made with respect to the rights and interest interests of the Holder Investor so that the provisions hereof shall thereafter be applicable with respect to any shares of stock or other securities or and property deliverable upon exercise hereof, and appropriate adjustments shall be made to the Exercise Price payable hereunderPrice, provided provided, however, that the aggregate Exercise Price purchase price shall remain the same.

Appears in 1 contract

Samples: Warrant Agreement (CyDex Pharmaceuticals, Inc.)

Reclassification, Reorganization and Consolidation. In case of any reclassification, capital reorganization reorganization, or change in the capital stock Common Stock of the Company (other than as a result of a subdivision, combination combination, or stock dividend provided for in Section 8(a) above), then, as a condition of such reclassification, reorganization 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, so that 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 or and property receivable in connection with such reclassification, reorganization reorganization, or change by a holder of the same number and type of securities shares of Common Stock as were purchasable as Shares by the 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 so that the provisions hereof shall thereafter be applicable with respect to any shares of stock or other securities or 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 Agreement (Vistula Communications Services, Inc.)

Reclassification, Reorganization and Consolidation. In case of any reclassification, capital reorganization reorganization, or change in the capital stock Common Stock of the Company (other than as a result of a subdivision, combination combination, or stock dividend provided for in Section 8(a7(a) above), then, as a condition of such reclassification, reorganization 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, so that 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 or and property receivable in connection with such reclassification, reorganization reorganization, or change by a holder of the same number and type of securities shares of Common Stock as were purchasable as Shares by the 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 so that the provisions hereof shall thereafter be applicable with respect to any shares of stock or other securities or 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 Agreement (Vistula Communications Services, Inc.)

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Reclassification, Reorganization and Consolidation. In case of any reclassification, capital reorganization or change in the capital stock of the Company (other than as a result of a subdivision, combination or stock dividend provided for in Section 8(a10.a) above), 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, so that 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 or property receivable in connection with such reclassification, reorganization or change by a holder of the same number and type of securities as were purchasable as Shares Common Stock by the 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 so that the provisions hereof shall thereafter be applicable with respect to any shares of stock or other securities 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: Note and Warrant Purchase Agreement (Universal Security Instruments Inc)

Reclassification, Reorganization and Consolidation. In case of any reclassification, capital reorganization reorganization, or change in the capital stock Common Stock of the Company (other than as a result of a subdivision, combination combination, or stock dividend provided for in Section 8(a7(a) above), then, as a condition of such reclassification, reorganization or change, lawful provision then appropriate provisions shall be made, and duly executed documents evidencing the same from the Company or its successor shall be delivered to the Holderholder hereof, so that the Holder 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 or and property receivable in connection with such reclassification, reorganization reorganization, or change by a holder of the same number and type of securities shares of Common Stock as were purchasable as Shares by the Holder holder hereof 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 holder hereof so that the provisions hereof shall thereafter be applicable with respect to any shares of stock or other securities or and 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: Warrant Agreement (Viasat Inc)

Reclassification, Reorganization and Consolidation. In case of any reclassification, capital reorganization or change in the capital stock of the Company (other than as a result of a subdivision, combination or stock dividend provided for in Section 8(a6(a) above), 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, so that 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 or property receivable in connection with such reclassification, reorganization or change by a holder of the same number and type of securities as were purchasable as Shares by the 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 so that the provisions hereof shall thereafter be applicable with respect to any shares of stock or other securities 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: Warrant Agreement (Zhongchao Inc.)

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