Common use of Abandonment of Merger Clause in Contracts

Abandonment of Merger. Anything herein or elsewhere to the contrary notwithstanding, this Agreement may be abandoned by actions of the Board of Directors of the Surviving Corporation or members of the Merged Company at any time prior to the Effective Date, whether before or after submission to their respective shareholders or members.

Abandonment of Merger. Anything herein or elsewhere to the contrary notwithstanding, this The Agreement of Merger may be abandoned by actions action of the Board of Directors of either the Surviving Corporation or members of the Merged Company Merging Corporation at any time prior to before it becomes effective, whereupon this Agreement of Merger shall become wholly void and of no effect and there shall be no liability on the Effective Date, whether before part of either corporation or after submission to their respective shareholders Boards of Directors or members.shareholders. SECTION XI

Abandonment of Merger. Anything herein or elsewhere to the contrary notwithstanding, this Agreement may be abandoned by actions of the Board of Directors of the Surviving Corporation or members of the Merged Company at any time prior to the Effective Date, whether before or after submission to their respective shareholders Board of Directors or members.