Capital Stock of the Surviving Corporation. Each share of Surviving Corporation Stock issued and outstanding immediately prior to the LLC Sub Merger Effective Time shall cease to be outstanding and shall automatically be cancelled and cease to exist at the LLC Sub Merger Effective Time. Each holder of a share of Surviving Corporation Stock that was outstanding immediately prior to the LLC Sub Merger Effective Time shall cease to have any rights with respect thereto.
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Samples: Agreement and Plan of Merger (Whiting Petroleum Corp), Agreement and Plan of Merger (Oasis Petroleum Inc.), Agreement and Plan of Merger (Oasis Petroleum Inc.)
Capital Stock of the Surviving Corporation. Each share of common stock of the Surviving Corporation Stock issued and outstanding immediately prior to the LLC Sub Second Merger Effective Time shall cease to be outstanding and shall automatically be cancelled and cease to exist at the LLC Sub Second Merger Effective Time, and no consideration shall be delivered in exchange therefor or cancellation thereof. Each holder of a share of Surviving Corporation Stock Shares that was outstanding immediately prior to the LLC Sub Second Merger Effective Time shall cease to have any rights with respect thereto.
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