CAPITAL STOCK OF SUBSIDIARY. Each share of Subsidiary's capital stock 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 $5.00 per share, of the Surviving Corporation.
Appears in 3 contracts
Samples: Agreement and Plan of Merger (El Paso Tennessee Pipeline Co), Agreement and Plan of Merger (El Paso Natural Gas Co), Agreement and Plan of Merger (Newport News Shipbuilding Inc)
CAPITAL STOCK OF SUBSIDIARY. Each share of Subsidiary's capital stock issued and outstanding immediately prior to the Effective Time share of capital stock of Subsidiary shall be converted into and become one fully paid and nonassessable share of Common Stock, par value $5.00 0.01 per share, of the Surviving Corporation.
Appears in 2 contracts
Samples: Merger Agreement (Dames & Moore Group), Merger Agreement (Urs Corp /New/)
CAPITAL STOCK OF SUBSIDIARY. Each share of Subsidiary's capital stock common stock, par value $0.01 per share, of the Subsidiary (the “Subsidiary Common Stock”) issued and outstanding immediately prior to before the Effective Time shall be converted into and become one validly issued, fully paid and nonassessable share of Common Stockcommon stock, par value $5.00 0.01 per share, of the Surviving Corporation. Each certificate evidencing ownership of shares of the Subsidiary Common Stock outstanding immediately before the Effective Time shall evidence ownership of such shares of capital stock of the Surviving Corporation.
Appears in 1 contract
CAPITAL STOCK OF SUBSIDIARY. Each share of Subsidiary's capital stock issued and outstanding immediately prior to share of the Effective Time common stock of the Subsidiary shall be converted into and become one fully paid and nonassessable share of Common Stockcommon stock, par value $5.00 0.01 per share, of the Surviving Corporation.
Appears in 1 contract
Samples: Merger Agreement (Cross a T Co)
CAPITAL STOCK OF SUBSIDIARY. Each At the Effective Time, each share of Subsidiary's capital stock Subsidiary common stock, par value $0.01 per share, issued and outstanding immediately prior to the Effective Time shall be converted into and become exchanged for one validly issued, fully paid and nonassessable share of Common Stockcommon stock, par value $5.00 0.01 per share, of the Surviving Corporation. Each stock certificate of the Subsidiary evidencing ownership of any such shares shall continue to evidence ownership of such shares of capital stock of the Surviving Corporation.
Appears in 1 contract
