Common use of Adjustment for Reorganization, Consolidation and Merger Clause in Contracts

Adjustment for Reorganization, Consolidation and Merger. In case of any reorganization of the Company (or any other corporation the stock or other securities of which are at the time receivable on the exercise of this Warrant) after the Original Issuance Date, or in case, after such date, the Company (or any such other corporation) shall consolidate with or merge into another corporation or entity or convey all or substantially all its assets to another corporation or entity, then and in each such case Holder, upon the exercise hereof as provided in SECTION 1 at any time after the consummation of such reorganization, consolidation, merger or conveyance, shall be entitled to receive, in lieu of the stock or other securities and property receivable upon the exercise of this Warrant prior to such consummation, the stock or other securities or property to which such Holder would have been entitled upon such consummation if Holder had exercised this Warrant immediately prior thereto, all subject to further adjustment as provided in SECTIONS 4.A, SECTION 4.B, SECTION 4.C, SECTION 4.D and SECTION 4.E; in each such case, the terms of this Warrant shall be applicable to the shares of stock or other securities or property receivable upon the exercise of this Warrant after such consummation.

Appears in 7 contracts

Samples: Patron Systems Inc, Patron Systems Inc, Patron Systems Inc

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Adjustment for Reorganization, Consolidation and Merger. In case of any reorganization of the Company (or any other corporation the stock or other securities of which are at the time receivable on the exercise of this Warrant) or reclassification of its securities after the Original Issuance Date, or in case, after such date, the Company (or any such other corporation) shall consolidate with or merge into another corporation or entity or convey or exchange all or substantially all its assets to another corporation or entity, then and in each such case Holderthe holder of this Warrant, upon the exercise hereof as provided in SECTION 1 Section 2 at any time after the consummation of such reorganization, reclassification, consolidation, merger merger, conveyance or conveyanceexchange, shall be entitled to receive, in lieu of the stock or other securities and property receivable upon the exercise of this Warrant prior to such consummation, the stock or other securities or property to which such Holder holder would have been entitled upon such consummation if Holder such holder had exercised this Warrant immediately prior thereto, all subject to further adjustment as provided in SECTIONS 4.ASections 3(a), SECTION 4.B(b), SECTION 4.C, SECTION 4.D (c) and SECTION 4.E(d); in each such case, the terms of this Warrant shall be applicable to the shares of stock or other securities or property receivable upon the exercise of this Warrant after such consummation.

Appears in 4 contracts

Samples: Note and Warrant Purchase Agreement (Bestnet Communications Corp), Note and Warrant Purchase Agreement (Bestnet Communications Corp), Unit Purchase Agreement (Bestnet Communications Corp)

Adjustment for Reorganization, Consolidation and Merger. In case ------------------------------------------------------- of any reorganization of the Company (or any other corporation the stock or other securities of which are at the time receivable on the exercise of this Warrant) after the Original Issuance Date, or in case, after such date, the Company (or any such other corporation) shall consolidate with or merge into another corporation or entity or convey all or substantially all its assets to another corporation or entity, then and in each such case Holder, upon the exercise hereof as provided in SECTION Section 1 at any time after the consummation of --------- such reorganization, consolidation, merger or conveyance, shall be entitled to receive, in lieu of the stock or other securities and property receivable upon the exercise of this Warrant prior to such consummation, the stock or other securities or property to which such Holder would have been entitled upon such consummation if Holder had exercised this Warrant immediately prior thereto, all subject to further adjustment as provided in SECTIONS Sections 4.A, SECTION 4.B, SECTION 4.C, SECTION 4.D 4.D, 4.E ---------- and SECTION 4.E4.H; in each such case, the terms of this Warrant shall be applicable to the shares of stock or other securities or property receivable upon the exercise of this Warrant after such consummation.

Appears in 2 contracts

Samples: Notify Technology Corp, Notify Technology Corp

Adjustment for Reorganization, Consolidation and Merger. In case of any reorganization of the Company (or any other corporation the stock or other securities of which are at the time receivable on the exercise of this Warrant) after the Original Issuance Date but prior to the Termination Date, or in case, after such date, but prior to the Termination Date, the Company (or any such other corporation) shall consolidate with or merge into another corporation or entity or convey all or substantially all its assets to another corporation or entity, then and in each such case Holder, upon the exercise hereof as provided in SECTION Section 1 at any time after the consummation of such reorganization, consolidation, merger or conveyance, shall be entitled to receive, in lieu of the stock or other securities and property receivable upon the exercise of this Warrant prior to such consummation, the stock or other securities or property to which such Holder would have been entitled upon such consummation if Holder had exercised this Warrant immediately prior thereto, all subject to further adjustment as provided in SECTIONS Sections 4.A, SECTION 4.B, SECTION 4.C4.D, SECTION 4.D and SECTION 4.E; in each such case, the terms of this Warrant shall be applicable to the shares of stock or other securities or property receivable upon the exercise of this Warrant after such consummation.

Appears in 1 contract

Samples: Warrant Signature Page (Patient Infosystems Inc)

Adjustment for Reorganization, Consolidation and Merger. In case of any reorganization of the Company (or any other corporation the stock or other securities of which are at the time receivable on the exercise of this Warrant) after the Original Issuance Grant Date, or in case, after such date, the Company (or any such other corporation) shall consolidate with or merge into another corporation or entity or convey all or substantially all of its assets to another corporation or entitycorporation, then and in each such case Holder, upon the exercise hereof as provided in SECTION 1 herein at any time after the consummation of such reorganization, consolidation, merger merger, or conveyance, shall be entitled to receive, in lieu of the stock or other securities and property receivable upon the exercise of this Warrant prior to Warrant, such consummationstock, the stock other securities, or other securities or property to which that it would had received if such Holder would have been entitled upon such consummation if Holder had exercised this Warrant immediately prior theretoto the consummation of such reorganization, consolidation, merger, or conveyance, all subject to further adjustment as provided in SECTIONS 4.ASections 4(a), SECTION 4.B4(c), SECTION 4.C, SECTION 4.D and SECTION 4.E4(d); in each such case, the terms of this Warrant shall be applicable to the shares of stock or other securities or property receivable upon the exercise of this Warrant after such consummation.

Appears in 1 contract

Samples: Stock Purchase Agreement (Crown Northcorp Inc)

Adjustment for Reorganization, Consolidation and Merger. In case of any reorganization of the Company (or any other corporation the stock or other securities of which are at the time receivable on the exercise of this Warrant) or reclassification of its securities after the Original Issuance Date, or in case, after such date, the Company (or any such other corporation) shall consolidate with or merge into another corporation or entity or convey or exchange all or substantially all its assets to another corporation or entity, then and in each such case Holderthe holder of this Warrant, upon the exercise hereof as provided in SECTION 1 Section 2 at any time after the consummation of such reorganizationreorganization reclassification, consolidation, merger merger, conveyance or conveyanceexchange, shall be entitled to receive, in lieu of the stock or other securities and property receivable upon the exercise of this Warrant prior to such consummation, the stock or other securities or property to which such Holder Such holder would have been entitled upon such consummation if Holder such holder had exercised this Warrant immediately prior thereto, all subject to further adjustment as provided in SECTIONS 4.ASections 3(a), SECTION 4.B(b), SECTION 4.C, SECTION 4.D (c) and SECTION 4.E(d); in each such case, the terms of this Warrant shall be applicable to the shares of stock or other securities or property receivable upon the exercise of this Warrant after such consummation.

Appears in 1 contract

Samples: Stock and Warrant Purchase Agreement (Quintel Communications Inc)

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Adjustment for Reorganization, Consolidation and Merger. In case of any reorganization of the Company (or any other corporation the stock or other securities of which are at the time receivable on the exercise of this Warrant) or reclassification of its securities after the Original Issuance Date, or in case, after such date, the Company (or any such other corporation) shall consolidate with or merge into another corporation or entity or convey or exchange all or substantially all its assets to another corporation or entity, then and in each cash such case Holdercash the holder of this Warrant, upon the exercise hereof as provided in SECTION 1 Section 2 at any time after the consummation of such reorganization, reclassification, consolidation, merger merger, conveyance or conveyanceexchange, shall be entitled to receive, in lieu of the stock or other securities and property receivable upon the exercise of this Warrant prior to such consummation, the stock or other securities or property to which such Holder holder would have been entitled upon such consummation if Holder such holder had exercised this Warrant immediately prior thereto, all subject to further adjustment as provided in SECTIONS 4.ASection 3(a), SECTION 4.B(b), SECTION 4.C, SECTION 4.D (c) and SECTION 4.E(d); in each such case, the terms of this Warrant shall be applicable to the shares of stock or other securities or property receivable upon the exercise of this Warrant after such consummation.

Appears in 1 contract

Samples: Bestnet Communications Corp

Adjustment for Reorganization, Consolidation and Merger. In case of any reorganization of the Company (or any other corporation the stock or other securities of which are at the time receivable on the exercise of this Warrantthe Warrants) after the Original Issuance Initial Warrant Exercise Date, or in case, after such date, the Company (or any such other corporation) shall consolidate with or merge into another corporation or entity or convey all or substantially all its assets to another corporation or entity, then and in each such case Holder, upon the exercise hereof of its Warrant as provided in SECTION 1 Section 4 hereof at any time after the consummation of such reorganization, consolidation, merger or conveyance, shall be entitled to receive, in lieu of the stock or other securities and property receivable upon the exercise of this its Warrant prior to such consummation, the stock or other securities or property to which such Holder would have been entitled upon such consummation if Holder had exercised this its Warrant immediately prior thereto, all subject to further adjustment as provided in SECTIONS 4.ASections 8(a), SECTION 4.B8(b), SECTION 4.C8(c), SECTION 4.D 8(d) and SECTION 4.E8(e); in each such case, the terms of this the Warrant shall be applicable to the shares of stock or other securities or property receivable upon the exercise of this such Warrant after such consummation.

Appears in 1 contract

Samples: Warrant Agreement (Intraware Inc)

Adjustment for Reorganization, Consolidation and Merger. In case of any reorganization of the Company (or any other corporation the stock or other securities of which are at the time receivable on the exercise of this Warrant) or reclassification of its securities after the Original Issuance Date, or in case, after such date, the Company (or any such other corporation) shall consolidate with or merge into another corporation or entity or convey or exchange all or substantially all its assets to another corporation or entity, then and in each such case Holderthe holder of this Warrant, upon the exercise hereof as provided in SECTION 1 Section 3 at any time after the consummation of such reorganization, reclassification, consolidation, merger merger, conveyance or conveyanceexchange, shall be entitled to receive, in lieu of the stock or other securities and property receivable upon the exercise of this Warrant prior to such consummation, the stock or other securities or property to which such Holder holder would have been entitled upon such consummation if Holder such holder had exercised this Warrant immediately prior thereto, all subject to further adjustment as provided in SECTIONS 4.ASections 5(a), SECTION 4.B(b), SECTION 4.C, SECTION 4.D (c) and SECTION 4.E(d); in each such case, the terms of this Warrant shall be applicable to the shares of stock or other securities or property receivable upon the exercise of this Warrant after such consummation.

Appears in 1 contract

Samples: Futureone Inc /Nv/

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