Common use of Substitute Warrant Clause in Contracts

Substitute Warrant. In case of any consolidation of the Company with, or merger of the Company with or into, another corporation (other than a consolidation or merger which does not result in any reclassification or change of the outstanding Company Ordinary Shares), the corporation formed by such consolidation or merger shall execute and deliver to the Holder a supplemental Warrant providing that the Holder of each Warrant then outstanding or to be outstanding shall have the right thereafter (until the stated expiration of such Warrant) to receive, upon exercise of such Warrant, the kind and amount of Shares and other securities and property receivable upon such consolidation or merger, by a holder of the number of Shares of the Company for which such Warrant might have been exercised immediately prior to such consolidation, merger, sale or transfer. Such supplemental Warrant shall provide for adjustments which shall be identical to the adjustments provided in Section 6. The above provision of this Section shall similarly apply to successive consolidations or mergers.

Substitute Warrant. In case of any consolidation of the Company with, or merger of the Company with with, or merger of the Company into, another corporation (other than a consolidation or merger which does not result in any reclassification or change of the outstanding Company Ordinary Shares), the corporation formed by such consolidation or merger shall execute and deliver to the Holder a supplemental Warrant providing that the Holder holder of each Warrant then outstanding or to be outstanding shall have the right thereafter (until the stated expiration of such Warrant) to receive, upon exercise of such Warrant, the kind and amount of Shares shares and other securities and property receivable upon such consolidation or merger, by a holder of the number of Ordinary Shares of the Company for which such Warrant might have been exercised immediately prior to such consolidation, merger, sale or transfer. Such supplemental Warrant shall provide for adjustments which shall be identical to the adjustments provided in Section 6. The above provision of this Section shall similarly apply to successive consolidations or mergers.

Substitute Warrant. In case of any consolidation of the Company with, or merger of the Company with with, or merger of the Company into, another corporation (other than a consolidation or merger which does not result in any reclassification or change of the outstanding Company Ordinary Sharesshares of Common Stock), the corporation formed by such consolidation or merger shall execute and deliver to the Holder a supplemental Warrant providing that the Holder holder of each Warrant then outstanding or to be outstanding shall have the right thereafter (until the stated expiration of such Warrant) to receive, upon exercise of such Warrant, the kind and amount of Shares shares of stock and other securities and property receivable upon such consolidation or merger, by a holder of the number of Shares shares of the Company Common Stock for which such Warrant might have been exercised immediately prior to such consolidation, merger, sale or transfer. Such supplemental Warrant shall provide for adjustments which shall be identical to the adjustments provided in Section 65. The above provision of this Section shall similarly apply to successive consolidations or mergers.

Substitute Warrant. In case of any consolidation of the Company with, or merger of the Company with with, or merger of the Company into, another corporation (other than a consolidation or merger which does not result in any reclassification or change of the outstanding Company Ordinary SharesCommon Stock), the corporation formed by such consolidation or merger shall execute and deliver to the Holder a supplemental Warrant providing that the Holder holder of each Warrant then outstanding or to be outstanding shall have the right thereafter (until the stated expiration of such Warrant) to receive, upon exercise of such Warrant, the kind and amount of Shares shares of stock and other securities and property receivable upon such consolidation or merger, by a holder of the number of Shares shares of Common Stock of the Company for which such Warrant might have been exercised immediately prior to such consolidation, merger, sale or transfer. Such supplemental Warrant shall provide for adjustments which shall be identical to the adjustments provided in Section 6. The above provision of this Section shall similarly apply to successive consolidations or mergers.

Substitute Warrant. In case of any consolidation of the Company with, or merger of the Company with with, or merger of the Company into, another corporation (other than a consolidation or merger which does not result in any reclassification or change of the outstanding Company Ordinary SharesCommon Stock), the corporation formed by such consolidation or merger shall execute and deliver to the Holder a supplemental Warrant providing that the Holder holder of each Warrant then outstanding or to be outstanding shall have the right thereafter (until the stated expiration of such Warrant) to receive, upon exercise of such Warrant, the kind and amount of Shares shares of stock and other securities and property receivable upon such consolidation or merger, by a holder of the number of Shares shares of Common Stock of the Company for which such Warrant might have been exercised immediately prior to such consolidation, merger, sale or transfer. Such supplemental Warrant shall provide for adjustments which shall be identical to the adjustments provided in Section 65. The above provision of this Section shall similarly apply to successive consolidations or mergers.

Substitute Warrant. In case of As a condition to any consolidation of the Company with, or merger of the Company with with, or merger of the Company into, another corporation (other than a consolidation or merger which does not result in any reclassification or change of the outstanding Company Ordinary SharesCommon Stock), the corporation formed by such consolidation or merger shall execute and deliver to the Holder a supplemental substitute Warrant providing that the Holder of each Warrant then outstanding or to be outstanding shall have the right thereafter (until the stated expiration of such WarrantWarrant Termination Date) to receive, upon exercise of such Warrant, the kind and amount of Shares shares of stock and other securities and property receivable upon such consolidation or merger, by a holder of the number of Shares shares of Common Stock of the Company for which such Warrant might could have been exercised immediately prior to such consolidation, merger, sale or transfer. Such supplemental substitute Warrant shall provide for adjustments which shall be identical to the adjustments provided in this Section 64. The above provision terms of this Section 4(h) shall similarly apply to successive consolidations or mergers.