Capital Stock of Merger Subsidiary. Each issued and outstanding share of Common Stock, $0.01 par value per share, of Merger Subsidiary ("Merger Subsidiary Common Stock") (of which, as of the date hereof, 1,000 shares are issued and outstanding, each entitling the holder thereof to vote on the approval of this Agreement and the transactions contemplated hereby), shall be converted into one fully paid and nonassessable share of Common Stock, $5 par value, of the Surviving Corporation.
Capital Stock of Merger Subsidiary. Each share of the capital stock of Merger Subsidiary issued and outstanding immediately prior to the Effective Time shall be converted into and become one fully paid and nonassessable share of common stock, par value $.0001 per share, of the Surviving Corporation.
Capital Stock of Merger Subsidiary. At the Effective Time, each membership interest of Merger Subsidiary ("Merger Subsidiary Common Shares") issued and outstanding immediately prior to the Effective Time shall be converted into one validly issued, fully paid and non-assessable Surviving Corporation Common Share.
Capital Stock of Merger Subsidiary. The shares of common stock, $0.01 par value, of Merger Subsidiary issued and outstanding immediately prior to the Effective Time automatically will be converted into the number of fully-paid and non-assessable shares of common stock designated as "SNC Common Stock", $0.001 par value per share, of the Surviving Corporation equal to the number of shares of SNC Common Stock of the Company outstanding immediately prior to the Effective Time (other than any shares of SNC Common Stock to be cancelled pursuant to Section 2.01(c)).
Capital Stock of Merger Subsidiary. Each issued and outstanding share of capital stock of Merger Subsidiary outstanding as of immediately prior to the Effective Time shall be canceled and converted into and become one (1) share of the common stock, par value $0.01 per share, of the Surviving Corporation.
Capital Stock of Merger Subsidiary. Each share of Common Stock of Merger Subsidiary issued and outstanding immediately prior to the Effective Time, by virtue of the Merger and without any action on the part of the Merger Subsidiary, Parent, the Company, the holders of any shares of capital stock of Merger Subsidiary or the holders of any shares of Company Stock, shall be converted automatically into and become one (1) validly issued, fully paid and nonassessable share of Common Stock of the Surviving Corporation. Each stock certificate of Merger Subsidiary evidencing ownership of any shares shall continue to evidence ownership of such shares of capital stock of the Surviving Corporation.
Capital Stock of Merger Subsidiary. Each share of common stock of Merger Subsidiary issued and outstanding immediately prior to the Effective Time shall be converted into one share of common stock of the Surviving Corporation and shall constitute the only outstanding shares of capital stock of the Surviving Corporation.
Capital Stock of Merger Subsidiary. Each share of capital stock of Merger Subsidiary that is issued and outstanding immediately prior to the Effective Time shall be canceled and converted into and become one validly issued, fully paid and nonassessable share of common stock, par value $0.01 per share, of the Surviving Corporation. The stock certificate(s) evidencing Parent’s ownership of such shares of common stock of the Surviving Corporation shall bear such legends as are required by the NRS and applicable Gaming Laws.
Capital Stock of Merger Subsidiary. Each share of Merger Subsidiary common stock which is issued and outstanding immediately prior to the Effective Time shall be converted into and become one fully paid and nonassessable share of common stock of the Surviving Corporation, and such shares shall constitute the only outstanding shares of capital stock of the Surviving Corporation. From and after the Effective Time, each share certificate of Merger Subsidiary theretofore evidencing ownership of any such shares shall evidence ownership of such shares of capital stock of the Surviving Corporation. Immediately following the Effective Time, Acquirer will be the sole and exclusive owner of the shares of capital stock of the Surviving Corporation.
Capital Stock of Merger Subsidiary. As of the Effective Time, each Merger Subsidiary Share outstanding immediately prior to the Effective Time shall remain outstanding and continue to represent one fully paid and nonassessable share of the Surviving Corporation.
