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 Newco 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: Merger Agreement (Fauth John J), Merger Agreement (Tsi Inc /Mn/)
Common Stock of Surviving Corporation. As of Following the Effective Time of the Merger, each one share of the issued and outstanding shares of common stock of Newco shall, by virtue of the Merger and without any action on the part of 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: Merger Agreement (Chronimed Inc), Merger Agreement (Tsi Inc /Mn/)
Common Stock of Surviving Corporation. As of Following the Effective Time of the Merger, each one share of the issued and outstanding shares of common stock of Newco shall, by virtue of the Merger and without any action on the part of Purchaser TSI continue to 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 1 contract
Samples: Merger Agreement (Tsi Inc /Mn/)
Common Stock of Surviving Corporation. As of Following the Effective Time of the Merger, each one share of the issued and outstanding shares of common stock of Newco shall, by virtue of the Merger and without any action on the part of Purchaser continue to 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 1 contract
Samples: Merger Agreement (Vicom Inc)
Common Stock of Surviving Corporation. As of Following the Effective Time of the Merger, each one share of the issued and outstanding shares of common stock of Newco shall, by virtue of the Merger and without any action on the part of Purchaser SEMCO continue to be converted into one share outstanding shares of the common stock of the Surviving Corporation. Each share shall be fully paid and non-non assessable.
Appears in 1 contract
Samples: Merger Agreement (Semco Energy Inc)
