Common use of Merger or Reorganization, etc Clause in Contracts

Merger or Reorganization, etc. If there shall occur any reorganization, recapitalization, reclassification, consolidation or merger involving WTMA in which its Ordinary Shares are converted into or exchanged for securities, cash or other property, then, following any such reorganization, recapitalization, reclassification, consolidation or merger, in lieu of ordinary shares of WTMA, the Sponsor shall transfer, with respect to each MergeCo Share to be issued hereunder, the kind and amount of securities, cash or other property into which such Promised Securities converted or exchanged.

Appears in 4 contracts

Sources: Non Redemption Agreement (Welsbach Technology Metals Acquisition Corp.), Non Redemption Agreement (Welsbach Technology Metals Acquisition Corp.), Non Redemption Agreement (Welsbach Technology Metals Acquisition Corp.)

Merger or Reorganization, etc. If there shall occur any reorganization, recapitalization, reclassification, consolidation or merger involving WTMA in which its Ordinary Shares are converted into or exchanged for securities, cash or other property, then, following any such reorganization, recapitalization, reclassification, consolidation or merger, in lieu of ordinary shares of WTMA, the Sponsor shall procure the transfer, with respect to each MergeCo Share to be issued hereunder, of the kind and amount of securities, cash or other property into which such Promised Securities converted or exchanged.

Appears in 3 contracts

Sources: Mergeco Issuance Agreement (Welsbach Technology Metals Acquisition Corp.), Mergeco Issuance Agreement (Welsbach Technology Metals Acquisition Corp.), Mergeco Issuance Agreement (Welsbach Technology Metals Acquisition Corp.)