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

Adjustment for Reorganization, Consolidation, Merger. In any reorganization of the Company (or any other corporation stock or other securities of which are at the time receivable upon exercise of this Warrant) after the date hereof, or in case, after such date, the Company (or any such other corporation) shall merge into or with or consolidate with another corporation or sell or convey all or substantially all of its assets to another corporation, then and in each such case, Holder, upon exercise of this Warrant at any time after the consummation of such reorganization, consolidation, merger, sale or conveyance, shall be entitled to receive, in lieu of the stock or other securities and property to which such Holder would be entitled had it exercised this Warrant immediately prior thereto, such stock, securities or other property which such Holder would have received had it exercised this Warrant immediately prior to such reorganization, merger, consolidation or sale of assets, all subject to further adjustment as provided in this Article 8.

Adjustment for Reorganization, Consolidation, Merger. In any reorganization of the Company (or any other corporation stock or other securities of which are at the time receivable upon exercise of this Warrantthe Warrants) after the date hereof, or in case, after such date, the Company (or any such other corporation) shall merge into or with or consolidate with another corporation or sell or convey all or substantially all of its assets to another corporation, then and in each such case, the Holder, upon exercise of this a Warrant at any time after the consummation of such reorganization, consolidation, merger, sale or conveyance, shall be entitled to receive, in lieu of the stock or other securities and property to which such Holder would be entitled had it exercised this a Warrant immediately prior thereto, such stock, securities or other property which such Holder would have received had it exercised this a Warrant immediately prior to such reorganization, merger, consolidation or sale of assets, all subject to further adjustment as provided in this Article 87.