Common use of Adjustments to Conversion Ratio Clause in Contracts

Adjustments to Conversion Ratio. The Conversion Ratio shall be adjusted to reflect fully the effect of any share sub-division or combination, stock dividend (including any dividend or distribution of securities convertible into Company Common Stock or Parent Common Stock), reorganization, recapitalization or other like change with respect to Company Common Stock or Parent Common Stock occurring after the date hereof and prior to the Merger Effective Time, so as to provide holders of Parent Common Stock and Company Common Stock the same economic effect as contemplated by this Agreement prior to such share sub-division or combination, stock dividend, reorganization, recapitalization or like change.

Appears in 4 contracts

Samples: Business Combination Agreement (HighPeak Energy, Inc.), Business Combination Agreement (Pure Acquisition Corp.), Business Combination Agreement (Pure Acquisition Corp.)

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Adjustments to Conversion Ratio. The Conversion Ratio shall be adjusted to reflect fully appropriately the effect of any share sub-division or combinationstock split, reverse stock split, stock dividend (including any dividend or similar distribution of securities convertible into Company Preferred Share and Common Stock or Parent Common Stock)Shares, reorganization, recapitalization recapitalization, reclassification or other like change with respect to Company Preferred Share and Common Stock Shares occurring or Parent Common Stock occurring having a record date on or after the date hereof and prior to the Merger Effective Time, so as to provide holders which shall not include any issuance of Parent Common Stock and Company Common Stock the same economic effect as contemplated by this Agreement prior to such share sub-division or combinationsecurities in connection with sales of stock, stock dividendacquisitions, reorganizationfinancings, recapitalization or like changeetc.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Standard Drilling, Inc.)

Adjustments to Conversion Ratio. The Conversion Ratio shall be adjusted to reflect fully the effect of any share sub-division or combination, stock dividend (including any dividend or distribution of securities convertible into Company Merger Sub I Common Stock or Parent Common Stock), reorganization, recapitalization or other like change with respect to Company Merger Sub I Common Stock or Parent Common Stock occurring after the date hereof and prior to the Merger Effective Time, so as to provide holders of Parent Common Stock and Company Merger Sub I Common Stock the same economic effect as contemplated by this Agreement prior to such share sub-division or combination, stock dividend, reorganization, recapitalization or like change.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Alyst Acquisition Corp.)

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Adjustments to Conversion Ratio. The Conversion Ratio shall be adjusted to reflect fully the effect of any share sub-division or combination, stock dividend (including any dividend or distribution of securities convertible into Company Common Holdings Stock or Parent Common Stock), reorganization, recapitalization or other like change with respect to Company Common Holdings Stock or Parent Common Stock occurring after the date hereof and prior to the Merger Effective Time, so as to provide holders of Parent Common Stock and Company Common Holdings Stock the same economic effect as contemplated by this Agreement prior to such share sub-division or combination, stock dividend, reorganization, recapitalization or like change.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Global Services Partners Acquisition Corp.)

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