Reorganization, Consolidation or Merger. In the case of any reclassification of the Class of Stock that the Warrantholder is entitled to purchase upon exercise of this Warrant, or any reorganization, consolidation or merger of MedImmune with or into another corporation (other than a merger or reorganization with respect to which MedImmune is the surviving corporation and which does not result in any reclassification of such Class of Stock), the Company, or such successor corporation, as the case may be, shall execute a new warrant, providing that the Warrantholder shall have the right to exercise such new warrant and upon such exercise to receive, in lieu of each share of the Class of Stock theretofore issuable upon exercise of this Warrant, the kind of securities receivable upon such reclassification, reorganization, consolidation or merger by a holder of shares of the same Class of Stock of MedImmune. The Warrant Price and the number of shares of such new securities to be received by the Warrantholder upon exercise of the Warrant shall be adjusted so that the Warrantholder shall receive upon exercise of the Warrant and payment of the same aggregate consideration the number of shares of new securities which the Warrantholder would have owned immediately following such reclassification, reorganization, consolidation or merger if the Warrantholder had exercised the Warrant immediately prior to such reclassifications, reorganization, consolidation or merger. The provisions of this subsection (a) shall similarly apply to successive reclassification, reorganizations, consolidations or mergers.
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Samples: Warrant Agreement (Medimmune Inc /De), Warrant Agreement (Medimmune Inc /De)
Reorganization, Consolidation or Merger. In the case of any reclassification of the Class of Stock that the Warrantholder is entitled to purchase upon exercise of this Warrant, or any reorganization, consolidation or merger of MedImmune the Company with or into another corporation (other than a merger or reorganization with respect to which MedImmune the Company is the surviving corporation and which does not result in any reclassification of such Class of Stock), the Company, or such successor corporation, as the case may be, shall execute a new warrant, providing that the Warrantholder shall have the right to exercise such new warrant and upon such exercise to receive, in lieu of each share of the Class of Stock theretofore issuable upon exercise of this Warrant, the kind of securities receivable upon such reclassification, reorganization, consolidation or merger by a holder of shares of the same Class of Stock of MedImmunethe Company. The Warrant Price and the number of shares of such new securities to be received by the Warrantholder upon exercise of the Warrant shall be adjusted so that the Warrantholder shall receive upon exercise of the Warrant and payment of the same aggregate consideration the number of shares of new securities which the Warrantholder would have owned immediately following such reclassification, reorganization, consolidation or merger if the Warrantholder had exercised the Warrant immediately prior to such reclassifications, reorganization, consolidation or merger. The provisions of this subsection (a) shall similarly apply to successive reclassification, reorganizations, consolidations or mergers.
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Samples: Warrant Agreement (Aviron)
Reorganization, Consolidation or Merger. In the --------------------------------------------------------- case of any reclassification of the Class of Stock that the Warrantholder is entitled to purchase upon exercise of this WarrantCommon Stock, or any reorganization, consolidation or merger of MedImmune the Company with or into another corporation (other than a merger or reorganization with respect to which MedImmune the Company is the surviving continuing corporation and which does not result in any reclassification of such Class of the Common Stock), the Company, or such successor corporation, as the case may be, shall execute a new warrant, providing that the Warrantholder Holder shall have the right to exercise such new warrant and upon such exercise to receive, in lieu of each share of the Class of Common Stock theretofore issuable upon exercise of this Warrant, the number and kind of securities receivable upon such reclassification, reorganization, consolidation or merger by a holder of shares of the same Class of Common Stock of MedImmunethe Company for each share of Common Stock. The Warrant Price and Subject to any adjustment that may be made pursuant to subsection 5.2 hereof, the number of shares of such new securities to be received by the Warrantholder upon exercise price of the Warrant new warrant shall be adjusted so that the Warrantholder shall receive upon exercise of the Warrant and payment of the same aggregate consideration the number of shares of new securities which the Warrantholder would have owned immediately following such reclassification, reorganization, consolidation or merger if the Warrantholder had exercised the Warrant Per Share Exercise Price in effect immediately prior to such reclassificationsthe reclassification, reorganization, consolidation or merger. The provisions of this subsection (a) 5.1 shall similarly apply to successive reclassificationreclassifications, reorganizations, consolidations or mergers.
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