Common use of Consolidation, Merger, Reorganization, Etc Clause in Contracts

Consolidation, Merger, Reorganization, Etc. If the Company at any time while this Warrant remains outstanding and unexpired shall consolidate with or merge into any other corporation, reorganize or reclassify, or in any manner change the securities then purchasable upon the exercise of this Warrant, then upon consummation thereof this Warrant shall thereafter represent the right of Warrantholder to receive, to the extent this Warrant is exercisable as provided above in Section 1, in lieu of shares of Common Stock, the cash or such number of securities to which Warrantholder would have been entitled upon consummation thereof if Warrantholder had exercised this Warrant immediately prior thereto. Upon any such event, an appropriate adjustment shall also be made to the Warrant Price, if necessary in the good faith judgment of the Board of Directors of the Company, to preserve the economic benefit intended to be conferred upon Warrantholder in accordance with its terms.

Appears in 1 contract

Samples: Giga Information Group Inc

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Consolidation, Merger, Reorganization, Etc. If the Company at ------------------------------------------ any time while this Warrant remains outstanding and unexpired shall consolidate with or merge into any other corporation, reorganize reorganize, or reclassify, or in any manner change the securities then purchasable upon the exercise of this Warrant, then upon consummation thereof this Warrant shall thereafter represent the right of Warrantholder to receive, to the extent this Warrant is exercisable as provided above in Section 1, in lieu of shares of Common Stock, the cash or such number of securities to which Warrantholder would have been entitled upon consummation thereof if Warrantholder had exercised this Warrant immediately prior thereto. Upon any such event, an appropriate adjustment shall also be made to the Warrant Price, if necessary in the good faith judgment of the Board of Directors of the Company, to preserve the economic benefit intended to be conferred upon Warrantholder in accordance with its terms.

Appears in 1 contract

Samples: Plasma & Materials Technologies Inc

Consolidation, Merger, Reorganization, Etc. If the Company at ------------------------------------------- any time while this Warrant remains outstanding and unexpired shall consolidate with or merge into any other corporation, reorganize or reorganize, reclassify, or in any manner change the securities then purchasable upon the exercise of this Warrant, then upon consummation thereof this Warrant shall thereafter represent the right of Warrantholder to receive, to the extent this Warrant is exercisable as provided above in Section 1, in lieu of shares of Common Stock, the cash or such number of securities to which Warrantholder would have been entitled upon consummation thereof if Warrantholder had exercised this Warrant immediately prior thereto. Upon any such event, an appropriate adjustment shall also be made to the Warrant Price, if necessary in the good faith judgment of the Board of Directors of the Company, to preserve the economic benefit intended to be conferred upon Warrantholder in accordance with its termsthe terms hereof.

Appears in 1 contract

Samples: Trikon Technologies Inc

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Consolidation, Merger, Reorganization, Etc. If the Company at any time ------------------------------------------- while this Warrant remains outstanding and unexpired shall consolidate with or merge into any other corporation, reorganize reorganize, or reclassify, or in any manner change the securities then purchasable upon the exercise of this Warrant, then upon consummation thereof this Warrant shall thereafter represent the right of Warrantholder Warrant holder to receive, to the extent this Warrant is exercisable as provided above in Section 1, in lieu of shares of Common Stock, the cash or such number of securities to which Warrantholder Warrant holder would have been entitled upon consummation thereof if Warrantholder Warrant Holder had exercised this Warrant immediately prior thereto. Upon any such event, an appropriate adjustment shall also be made to the Warrant Price, if necessary in the good faith judgment of the Board of Directors of the Company, to preserve the economic benefit intended to be conferred upon Warrantholder Warrant holder in accordance with its termsthe terms hereof.

Appears in 1 contract

Samples: Trikon Technologies Inc

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