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

Adjustment for Reorganization, Consolidation, Merger. In case of any reorganization of the Company (or any other company the securities of which are at the time receivable on the exercise of this Warrant) after the Issue Date, or in case, after such date, the Company (or any such other company) shall consolidate with or merge into another company or convey all, or substantially all, of its assets to another company, then and in each such case the Holder of this Warrant, 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 securities and property receivable upon the exercise of this Warrant prior to such consummation, the securities or property to which such Holder would be entitled had the Holder exercised this Warrant immediately prior thereto, all subject to further adjustment as provided herein; in each such case, the terms of this Warrant shall be applicable to the shares or other securities or property receivable upon the exercise of this Warrant after such consummation.

Appears in 5 contracts

Samples: Advisory Services Agreement (MyDx, Inc.), Subscription Agreement (MyDx, Inc.), Subscription Agreement (MyDx, Inc.)

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Adjustment for Reorganization, Consolidation, Merger. In case of any reorganization of the Company (or any other company corporation the stock or other securities of which are at the time receivable on the exercise of this Warrant) after the Issue Dateissue date, or in case, after such date, the Company (or any such other companycorporation) shall consolidate with or merge into another company corporation or convey all, all or substantially all, all of its assets to another companycorporation, then and in each such case the Holder of this Warrant, 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 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 be entitled had the Holder exercised this Warrant immediately prior thereto, all subject to further adjustment as provided herein; 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: Warrant (Trinity3 Corp), Warrant (Trinity3 Corp), Renewable Innovations, Inc.

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Adjustment for Reorganization, Consolidation, Merger. In case of any reorganization of the Company (or any other company corporation the stock or other securities of which are at the time receivable on the exercise of this Warrant) after the Issue Dateissue date, or in case, after such date, the Company (or any such other companycorporation) shall consolidate with or merge into another company corporation or convey all, all or substantially all, all of its assets to another companycorporation, then and in each such case the Holder of this Warrant, 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 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 be entitled had the Holder exercised this Warrant immediately prior thereto, all subject to further adjustment as provided herein; 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. 4.

Appears in 1 contract

Samples: Lock Up Agreement (Marani Brands, Inc.)

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