Common use of Common Stock of Newco Clause in Contracts

Common Stock of Newco. Each share of common stock of Newco issued and outstanding immediately prior to the Effective Time shall be converted into one validly issued, fully paid and non-assessable share of common stock, par value $.001 per share, of the Surviving Corporation.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Artemis International Solutions Corp)

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Common Stock of Newco. Each share of common stock of Newco Newco, whether issued and or unissued, outstanding immediately prior to the Effective Time or held as treasury stock, shall be converted by the merger into one validly issued, share of fully paid and non-assessable share of common stock, par value $.001 per share, stock of the Surviving Corporation.

Appears in 1 contract

Samples: Agreement and Plan of Merger (BMG North America LTD)

Common Stock of Newco. Each share of common stock of Newco issued and outstanding immediately prior to the Effective Time share of Newco Common Stock shall be converted into and become one validly issued, fully paid and non-assessable nonassessable share of common stock, par value $.001 1.00 per share, of the Surviving Corporation.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Riscorp Inc)

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Common Stock of Newco. Each share of common stock of Newco --------------------- issued and outstanding immediately prior to the Effective Time shall be converted into one validly issued, fully paid and non-assessable share of common stock, no par value $.001 per share, of the Surviving Corporation.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Tucson Electric Power Co)

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