Common use of Capital Stock of the Transitory Subsidiary Clause in Contracts

Capital Stock of the Transitory Subsidiary. Each share of the common stock of the Transitory 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, $.01 par value per share, of the Surviving Corporation.

Appears in 5 contracts

Samples: Merger Agreement (Genaissance Pharmaceuticals Inc), Merger Agreement (Icoria, Inc.), Merger Agreement (Clinical Data Inc)

AutoNDA by SimpleDocs

Capital Stock of the Transitory Subsidiary. Each issued and outstanding share of the common capital stock of the Transitory 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, $.01 par value per share, of the Surviving Corporation.

Appears in 1 contract

Samples: Merger Agreement (Adforce Inc)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!