Common use of Adjustment of Warrants Clause in Contracts

Adjustment of Warrants. (a) If there is any change in the outstanding Shares by reason of a stock dividend or distribution, stock split-up, recapitalization, combination or exchange of shares, or by reason of any merger, consolidation, spinoff or other corporate reorganization in which the Corporation is the surviving Corporation, the number of Shares issuable upon exercise of this Warrant and the Warrant Price shall be equitably adjusted by the Committee, whose determination shall be final, binding and conclusive.

Appears in 3 contracts

Samples: Warrant Agreement (Tigera Group Inc), Warrant Agreement (Tigera Group Inc), Warrant Agreement (Tigera Group Inc)

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Adjustment of Warrants. (a) If there is any change in the outstanding Shares by reason of a stock dividend or distribution, stock split-up, recapitalization, combination or exchange of shares, or by reason of any merger, consolidation, spinoff or other corporate corproate reorganization in which the Corporation Corproation is the surviving Corporation, the number of Shares issuable upon exercise of this Warrant and the Warrant Price shall be equitably adjusted by the Committee, whose determination shall be final, binding and conclusive.

Appears in 1 contract

Samples: Warrant Agreement (Tigera Group Inc)

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