Common use of Common Stock of Merger Sub Clause in Contracts

Common Stock of Merger Sub. Each share of common stock, par value $0.01 per share, of Merger Sub, issued and outstanding immediately prior to the Parent Merger Effective Time shall be cancelled and extinguished and converted automatically into one validly issued, fully paid and nonassessable share of common stock, par value $0.01 per share, of the Surviving Corporation.

Appears in 2 contracts

Samples: Investment and Transaction Agreement (Id Systems Inc), Investment and Transaction Agreement (Pointer Telocation LTD)

AutoNDA by SimpleDocs

Common Stock of Merger Sub. Each Upon the Effective Date, by virtue of the Merger and without any action on the part of the holder thereof, each share of common stockstock of Merger Sub, par value of $0.01 0.001 per share, of Merger Sub, issued and outstanding immediately prior to the Parent Merger Effective Time Date shall be cancelled and extinguished and converted automatically into one validly issued, fully paid and nonassessable share of common stock, par value $0.01 per share, of the Surviving Corporationcancelled.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (BTCS Inc.), Agreement and Plan of Merger (Bitcoin Shop, Inc.)

Common Stock of Merger Sub. Each share of common stock, par value $0.01 per share, of Merger Sub, Sub issued and outstanding immediately prior to the Parent Merger Effective Time shall shall, at the Effective Time, by virtue of the Merger and without any action on the part of Parent, be cancelled and extinguished and converted automatically into one validly issued, fully paid and nonassessable share of the common stock, par value $0.01 per share, of the Surviving Corporation.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (McMoran Exploration Co /De/), Agreement and Plan of Merger (Freeport McMoran Copper & Gold Inc)

Common Stock of Merger Sub. Each share of common stockCommon Stock, $0.0001 par value $0.01 per share, of Merger Sub, Sub issued and outstanding immediately prior to the Parent Merger Effective Time shall be cancelled converted into and extinguished and converted automatically into exchanged for one validly issued, fully paid and nonassessable share of common stockCommon Stock, $0.0001 par value $0.01 per share, of the Surviving Corporation.Surviving

Appears in 1 contract

Samples: Agreement and Plan of Merger (Targacept Inc)

Common Stock of Merger Sub. Each share of common stock, par value $0.01 per share, of Merger Sub, Sub issued and outstanding immediately prior to the Parent Merger Effective Time shall shall, by virtue of the Merger and without any action on the part of the holder thereof, be cancelled converted into and extinguished and converted automatically into become one validly issued, fully paid and nonassessable share of common stock, par value $0.01 per share, of the Surviving Corporation, or such greater number of shares as Parent shall determine prior to the Effective Time.

Appears in 1 contract

Samples: Agreement and Plan of Merger (PHH Corp)

AutoNDA by SimpleDocs

Common Stock of Merger Sub. Each share of common stock, par value $0.01 0.0001 per share, of Merger Sub, Sub issued and outstanding immediately prior to the Parent Merger Effective Time shall be cancelled converted into and extinguished and converted automatically into become one validly issued, fully paid paid, and nonassessable share of common stock, par value $0.01 0.0001 per share, of the Surviving Corporation.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Compass Group Diversified Holdings LLC)

Common Stock of Merger Sub. Each share of common stock, par value $0.01 per share, of Merger Sub, Sub issued and outstanding immediately prior to before the Parent Merger Effective Time shall remain outstanding and be cancelled and extinguished and converted automatically into one (1) validly issued, fully paid paid, and nonassessable share of common stock, par value $0.01 per share, of the Surviving Corporation so that, immediately after the Effective Time, Parent shall be the holder of all of the issued and outstanding shares of the Surviving Corporation’s common stock.

Appears in 1 contract

Samples: Agreement and Plan of Merger (OxySure Systems Inc)

Common Stock of Merger Sub. Each share of common stock, par value $0.01 0.001 per share, of Merger Sub, Sub issued and outstanding immediately prior to the Parent Merger Effective Time shall be cancelled and extinguished and converted automatically into one validly issued, fully paid and nonassessable share of common stock, par value $0.01 0.001 per share, of the Surviving Corporation.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Planetout Inc)

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