Common use of Common Stock of Surviving Corporation Clause in Contracts

Common Stock of Surviving Corporation. As of the Effective Time of the Merger, each share of the issued and outstanding shares of common stock of Acquisition Sub shall, by virtue of the Merger and without any action on the part of Purchaser, be converted into one share of the common stock of the Surviving Corporation. Each share shall be fully paid and non-assessable.

Appears in 2 contracts

Samples: Voting Agreement (WTC Industries Inc), Voting Agreement (Cuno Inc)

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Common Stock of Surviving Corporation. As of the Effective Time of the Merger, each one share of the issued and outstanding shares of common stock of Acquisition Sub Newco shall, by virtue of the Merger and without any action on the part of Purchaser, Purchaser be converted into one share of the common stock of the Surviving Corporation. Each share shall be fully paid and non-assessable.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Tsi Inc /Mn/), Exhibit 10 (Fauth John J)

Common Stock of Surviving Corporation. As of Following the Effective Time of the Merger, each share of the issued and outstanding shares of common stock of Acquisition Sub Newco shall, by virtue of the Merger and without any action on the part of Purchaser, Purchaser be converted into one share outstanding shares of the common stock of the Surviving Corporation. Each share shall be fully paid and non-assessable.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Tsi Inc /Mn/), Agreement and Plan of Merger (Chronimed Inc)

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Common Stock of Surviving Corporation. As of At the Effective Time of the MergerTime, each share of the issued and outstanding shares share of common stock of Acquisition Merger Sub shall, by virtue of the Merger and without any action on the part of Purchaser, shall be converted into one validly issued, fully paid and nonassessable share of the common stock of the Surviving Corporation. Each share shall be fully paid and non-assessable.

Appears in 1 contract

Samples: Merger Agreement (Cardiotronics Systems Inc)

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