Common use of Reclassification, Reorganization, Consolidation or Merger Clause in Contracts

Reclassification, Reorganization, Consolidation or Merger. In the case of any reclassification of the Shares, or any reorganization, consolidation or merger of the Company with or into another corporation (other than a merger or reorganization with respect to which the Company is the continuing corporation and which does not result in any reclassification of the Shares), the Company, or such successor corporation, as the case may be, shall execute a new warrant providing that the Holder shall have the right to exercise such new warrant and upon such exercise to receive, in lieu of each Share theretofore issuable upon exercise of this Warrant, the number and kind of securities, money and property receivable upon such reclassification, reorganization, consolidation or merger by a holder of Shares for each Share. Such new warrant shall provide for adjustments which shall be as nearly equivalent as may be practicable to the adjustments provided for in this Section 4 including, without limitation, adjustments to the Exercise Price and to the number of Shares issuable upon exercise of this Warrant. The provisions of this Section 4 shall similarly apply to successive reclassifications, reorganizations, consolidations or mergers.

Appears in 17 contracts

Samples: Warrant Agreement (Technology Acquisition Corp), Warrant Agreement (Principal Solar, Inc.), Placement Agent Warrant Agreement (Blast Energy Services, Inc.)

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Reclassification, Reorganization, Consolidation or Merger. In the case of any reclassification or change of outstanding securities of the Sharesclass issuable upon exercise of this Warrant (other than as a result of a subdivision or combination pursuant to Section 5(d), or in case of any reorganization, consolidation or merger of the Company with or into another corporation entity (other than a merger or reorganization with respect but specifically excluding any transaction to which the Company is the continuing corporation and which does not result Section 5(a) [Changes in any reclassification of the SharesControl] or Section 5(b) [SPAC Transactions] applies)), the Company, or such successor corporationentity, as the case may be, shall execute a new warrant Warrant, providing that the Holder of this Warrant shall have the right to exercise such new warrant Warrant and procure upon such exercise to receive, in lieu of each Warrant Share theretofore issuable upon exercise of this Warrant, the number kind and kind amount of shares of stock, other securities, money cash and property receivable upon such reclassification, change, reorganization, consolidation or merger by a holder of Shares for each Shareone share of Common Stock. Such new warrant Warrant shall provide for adjustments which shall be as nearly equivalent as may be practicable to the adjustments provided for in this Section 4 including, without limitation, adjustments to the Exercise Price and to the number of Shares issuable upon exercise of this Warrant5. The provisions of this Section 4 subsection shall similarly apply to successive reclassifications, changes, reorganizations, consolidations or and mergers.

Appears in 2 contracts

Samples: Warrant Agreement (Ibotta, Inc.), Warrant Agreement (Ibotta, Inc.)

Reclassification, Reorganization, Consolidation or Merger. In the case of any reclassification of the SharesCommon Stock of the Company, or any reorganization, consolidation or merger of the Company with or into another corporation (other than a merger or reorganization with respect to which the Company is the continuing corporation and which does not result in any reclassification of the SharesCommon Stock), the Company, or such successor corporation, as the case may be, shall execute a new warrant warrant, providing that the Holder shall have the right to exercise such new warrant and upon such exercise to receive, in lieu of each Share theretofore share of Common Stock issuable upon exercise of this Warrant, the number and kind of securities, money and property receivable upon such reclassification, reorganization, consolidation or merger by a holder of Shares shares of Common Stock of the Company for each Shareshare of Common Stock. Such new warrant shall provide for adjustments which shall be as nearly equivalent as may be practicable to the adjustments provided for in this Section 4 4, including, without limitation, adjustments to the Exercise Price and to the number of Shares shares issuable upon exercise of this Warrant. The provisions of this Section 4 shall similarly apply to successive reclassifications, reorganizations, consolidations or mergers.

Appears in 2 contracts

Samples: Warrant Agreement (Pacific Ethanol, Inc.), Warrant Agreement (Pacific Ethanol, Inc.)

Reclassification, Reorganization, Consolidation or Merger. In the case of any reclassification of the Shares, or any reorganization, consolidation or merger of the Company with or into another corporation (other than a merger or reorganization with respect to which the Company is the continuing corporation and which does not result in any reclassification of the Shares), the Company, or such successor corporation, as the case may be, shall execute a new warrant providing that the Holder shall have the right to exercise such new warrant and upon such exercise to receive, in lieu of each Share theretofore issuable upon exercise of this Warrant, the number and kind of securities, money and property receivable upon such reclassification, reorganization, consolidation or merger by a holder of Shares for each Share. Such new warrant shall provide for adjustments which shall be as nearly equivalent as may be practicable to the adjustments adjust-ments provided for in this Section 4 including, without limitation, adjustments to the Exercise Price and to the number of Shares issuable upon exercise of this Warrant. The provisions of this Section 4 shall similarly apply to successive reclassifications, reorganizations, consolidations or mergers.

Appears in 1 contract

Samples: Warrant Agreement (Procera Networks Inc)

Reclassification, Reorganization, Consolidation or Merger. In the case of any reclassification of the Shares, or any reorganization, consolidation or merger of the Company with or into another corporation (other than a merger or reorganization with respect to which the Company is the continuing corporation and which does not result in any reclassification of the Shares), the Company, or such successor corporation, as the case may be, shall execute a new warrant providing that the Holder shall have the right to exercise such new warrant and upon such exercise to receive, in lieu of each Share theretofore issuable upon exercise of this Warrant, the number and kind of securities, money and property receivable upon such reclassification, reorganization, consolidation or merger by a holder of Shares for each Share. Such new warrant shall provide for adjustments which shall be as nearly equivalent as may be practicable to the adjustments adjust­ments provided for in this Section 4 including, without limitation, adjustments to the Exercise Price and to the number of Shares issuable upon exercise of this Warrant. The provisions of this Section 4 shall similarly apply to successive reclassifications, reorganizations, consolidations or mergers.

Appears in 1 contract

Samples: Warrant Agreement (Procera Networks Inc)

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Reclassification, Reorganization, Consolidation or Merger. In the case of any reclassification of the SharesCommon Stock of the Company, or any reorganization, consolidation or merger of the Company with or into another corporation (other than a merger or reorganization with respect to which the Company is the continuing corporation and which does not result in any reclassification of the SharesCommon Stock), the Company, or such successor corporation, as the case may be, shall execute a new warrant warrant, providing that the Holder shall have the right to exercise such new warrant and upon such exercise to receive, in lieu of each Share share of Common Stock theretofore issuable upon exercise of this Warrant, the number and kind of securities, money and property receivable upon such reclassification, reorganization, consolidation or merger by a holder of Shares shares of Common Stock of the Company for each Shareshare of Common Stock. Such new warrant shall provide for adjustments which shall be as nearly equivalent as may be practicable to the adjustments provided for in this Section 4 including, without limitation, adjustments to the Exercise Price and to the number of Shares shares issuable upon exercise of this Warrant. The provisions of this Section 4 shall similarly apply to successive reclassifications, reorganizations, consolidations or mergers.

Appears in 1 contract

Samples: Warrant Agreement (Verdisys Inc)

Reclassification, Reorganization, Consolidation or Merger. In the case of any reclassification of the SharesCommon Stock of the Company, or any reorganization, consolidation or merger of the Company with or into another corporation (other than a merger or reorganization with respect to which the Company is the continuing corporation and which does not result in any reclassification of the SharesCommon Stock), the Company, or such successor corporation, as the case may be, shall execute a new warrant warrant, providing that the Holder shall have the right to exercise such new warrant and upon such exercise to receive, in lieu of each Share share of Common Stock theretofore issuable upon exercise of this Warrant, the number and kind of securities, money and property receivable upon such reclassification, reorganizationreorgani-zation, consolidation or merger by a holder of Shares shares of Common Stock of the Company for each Shareshare of Common Stock. Such new warrant shall provide for adjustments which shall be as nearly equivalent as may be practicable to the adjustments adjust-ments provided for in this Section 4 including, without limitation, adjustments to the Exercise Price and to the number of Shares shares issuable upon exercise exer-cise of this Warrant. The provisions of this Section 4 shall similarly apply to successive reclassificationsreclassifica-tions, reorganizationsreorganiza-tions, consolidations or mergers.

Appears in 1 contract

Samples: Warrant Agreement (Blast Energy Services, Inc.)

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