Common use of Reclassification, Reorganization and Consolidation Clause in Contracts

Reclassification, Reorganization and Consolidation. In the case of any reclassification, capital reorganization or change in the Common Stock of the Company (other than as a result of a subdivision, combination or stock dividend provided for in Section 8(a) above), then, as a condition of such reclassification, reorganization or change, lawful provision shall be made, and duly executed documents evidencing the same from the Company or its successor shall be delivered to the Investor, so that the Investor shall have the right at any time prior to the expiration of this Warrant to purchase, at a total price equal to that payable upon the exercise of this Warrant, the kind and amount of shares of stock and other securities and property receivable in connection with such reclassification, reorganization or change by a holder of the same number of Shares as were purchasable by the Investor immediately prior to such reclassification, reorganization or change. In any such case appropriate provisions shall be made with respect to the rights and interests of the Investor so that the provisions hereof shall thereafter be applicable with respect to any shares of stock or other securities and property deliverable upon exercise hereof, and appropriate adjustments shall be made to the Exercise Price, provided, however, that the aggregate purchase price shall remain the same.

Appears in 1 contract

Samples: CyDex Pharmaceuticals, Inc.

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Reclassification, Reorganization and Consolidation. In the case of any reclassification, capital reorganization or change in the Common Stock capital stock of the Company (other than as a result of a subdivision, combination or stock dividend provided for in Section 8(a) above), then, as a condition of such reclassification, reorganization or change, lawful provision shall be made, and duly executed documents evidencing the same from the Company or its successor shall be delivered to the InvestorHolder, so that the Investor Holder shall have the right at any time prior to the expiration of this Warrant to purchase, at a total price equal to that payable upon the exercise of this Warrant, the kind and amount of shares of stock and other securities and or property receivable in connection with such reclassification, reorganization or change by a holder of the same number and type of Shares securities as were purchasable as Shares by the Investor Holder immediately prior to such reclassification, reorganization or change. In any such case appropriate provisions shall be made with respect to the rights and interests interest of the Investor Holder so that the provisions hereof shall thereafter be applicable with respect to any shares of stock or other securities and or property deliverable upon exercise hereof, and appropriate adjustments shall be made to the Exercise PricePrice payable hereunder, provided, however, that provided the aggregate purchase price Exercise Price shall remain the same.

Appears in 1 contract

Samples: Palantir Technologies Inc.

Reclassification, Reorganization and Consolidation. In the case of any reclassification, capital reorganization or change in the Common Stock of the Company (other than as a result of a subdivision, combination combination, stock dividend or stock dividend split provided for in Section 8(a) 8.1 above), then, as a condition of such reclassification, reorganization or change, lawful provision shall be made, and duly executed documents evidencing the same from the Company or its successor shall be delivered to the InvestorTSIL, so that the Investor TSIL shall have the right at any time prior to the expiration of this Warrant to purchase, at a total price equal to that payable upon the exercise of this Warrant, the kind and amount of shares of stock and other securities and property receivable in connection with such reclassification, reorganization or change by a holder TSIL of the same number of Shares shares of Common Stock as were purchasable by the Investor TSIL immediately prior to such reclassification, reorganization or change. In any such case appropriate provisions shall be made with respect to the rights and interests interest of the Investor TSIL so that the provisions hereof shall thereafter be applicable with respect to any shares of stock or other securities and property deliverable upon exercise hereof, and appropriate adjustments shall be made to the Exercise PricePrice per share payable hereunder, provided, however, that provided the aggregate purchase price Exercise Price shall remain the same.

Appears in 1 contract

Samples: Warrant Agreement (Imp Inc)

Reclassification, Reorganization and Consolidation. In the case of any reclassification, capital reorganization or change in the Common Stock capital stock of the Company (other than as a result of a subdivision, combination or stock dividend provided for in Section 8(a6(a) above), then, as a condition of such reclassification, reorganization or change, lawful provision shall be made, and duly executed documents evidencing the same from the Company or its successor shall be delivered to the InvestorHolder, so that the Investor Holder shall have the right at any time prior to the expiration of this Warrant to purchase, at a total price equal to that payable upon the exercise of this Warrant, the kind and amount of shares of stock and other securities and or property receivable in connection with such reclassification, reorganization or change by a holder of the same number and type of Shares securities as were purchasable as Shares by the Investor Holder immediately prior to such reclassification, reorganization or change. In any such case appropriate provisions shall be made with respect to the rights and interests interest of the Investor Holder so that the provisions hereof shall thereafter be applicable with respect to any shares of stock or other securities and or property deliverable upon exercise hereof, and appropriate adjustments shall be made to the Exercise PricePrice per Share payable hereunder, provided, however, that provided the aggregate purchase price Exercise Price shall remain the same.

Appears in 1 contract

Samples: Zhongchao Inc.

Reclassification, Reorganization and Consolidation. In the case of any reclassification, capital reorganization reorganization, or change in the Common Stock of the Company (other than as a result of a subdivision, combination combination, or stock dividend provided for in Section 8(a7(a) above), then, as a condition of such reclassification, reorganization reorganization, or change, lawful provision shall be made, and duly executed documents evidencing the same from the Company or its successor shall be delivered to the InvestorHolder, so that the Investor Holder shall have the right at any time prior to the expiration of this Warrant to purchase, at a total price equal to that payable upon the exercise of this WarrantExercise Price, the kind and amount of shares of stock and other securities and property receivable in connection with such reclassification, reorganization reorganization, or change by a holder of the same number of Shares shares of Common Stock as were purchasable by the Investor Holder immediately prior to such reclassification, reorganization reorganization, or change. In any such case appropriate provisions shall be made with respect to the rights and interests interest of the Investor Holder so that the provisions hereof shall thereafter be applicable with respect to any shares of stock or other securities and property deliverable upon exercise hereof, and appropriate adjustments shall be made to the Exercise Pricepurchase price per share payable hereunder, provided, however, that provided the aggregate purchase price Exercise Price shall remain the same.

Appears in 1 contract

Samples: Warrant (Vistula Communications Services, Inc.)

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Reclassification, Reorganization and Consolidation. In the case of any reclassification, capital reorganization or change in the Common Stock capital stock of the Company (other than as a result of a subdivision, combination or stock dividend provided for in Section 8(a) above), then, as a condition of such reclassification, reorganization or change, lawful provision shall be made, and duly executed documents evidencing the same from the Company or its successor shall be delivered to the InvestorHolder, so that the Investor Holder shall have the right at any time prior to the expiration of this Warrant to purchase, at a total price equal to that payable upon the exercise of this Warrant, the kind and amount of shares of stock and other securities and or property receivable in connection with such reclassification, reorganization or change by a holder of the same number and type of Shares securities as were purchasable as Shares by the Investor Holder immediately prior to such reclassification, reorganization or change. In any such case appropriate provisions shall be made with respect to the rights and interests interest of the Investor Holder so that the provisions hereof shall thereafter be applicable with respect to any shares of stock or other securities and or property deliverable upon exercise hereof, and appropriate adjustments shall be made to the Exercise PricePrice per Share payable hereunder, provided, however, that provided the aggregate purchase price Exercise Price shall remain the same.

Appears in 1 contract

Samples: Spirit of Texas Bancshares, Inc.

Reclassification, Reorganization and Consolidation. In the case of any reclassification, capital reorganization reorganization, or change in the Common Stock of the Company (other than as a result of a subdivision, combination combination, or stock dividend provided for in Section 8(a7(a) above), then, as a condition of such reclassification, reorganization or change, lawful provision then appropriate provisions shall be made, and duly executed documents evidencing the same from the Company or its successor shall be delivered to the Investorholder hereof, so that the Investor such holder shall have the right at any time prior to the expiration of this Warrant to purchase, at a total price equal to that payable upon the exercise of this Warrant, the kind and amount of shares of stock and other securities and property receivable in connection with such reclassification, reorganization reorganization, or change by a holder of the same number of Shares shares of Common Stock as were purchasable by the Investor holder hereof immediately prior to such reclassification, reorganization reorganization, or change. In any such case appropriate provisions shall be made with respect to the rights and interests interest of the Investor holder hereof so that the provisions hereof shall thereafter be applicable with respect to any shares of stock or other securities and property deliverable upon exercise hereof, and appropriate adjustments shall be made to the Exercise PricePrice hereunder, provided, however, that provided the aggregate purchase price Exercise Price shall remain the same.

Appears in 1 contract

Samples: Viasat Inc

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