Common use of Amalgamation Sub Clause in Contracts

Amalgamation Sub. At the Effective Time, by virtue of the Amalgamation and without any action on the part of the holder of any capital shares of Amalgamation Sub, each common share, par value $1.00 per share, of Amalgamation Sub issued and outstanding immediately prior to the Effective Time shall be converted into one common share, par value $1.00 per share, of the Amalgamated Company.

Amalgamation Sub. At the Effective Time, by virtue of the Amalgamation and without any action on the part of the holder of any capital shares of Amalgamation Sub, each common share, par value $1.00 per share, Each ordinary share of Amalgamation Sub issued and outstanding immediately prior to the Effective Time shall be converted into one common validly issued and fully paid ordinary share, par value $1.00 per share, (an “Amalgamated Company Share”) of the Amalgamated Company.

Amalgamation Sub. At the Effective Time, by virtue Each share of the Amalgamation and without any action on the part of the holder of any capital shares of Amalgamation Sub, each common shareCommon Stock, par value $1.00 0.01 per share, of Amalgamation Sub issued and outstanding immediately prior to the Effective Time shall be converted into one share of common sharestock, par value $1.00 0.01 per share, of the Amalgamated Company.