Common use of Continuing Corporate Existence Clause in Contracts

Continuing Corporate Existence. Except as may otherwise be set forth herein, the corporate existence and identity of the Surviving Corporation, with all its purposes, powers, franchises, privileges, rights and immunities, shall continue unaffected and unimpaired by the Merger. The corporate existence and identity of the Company, with all its purposes, powers, franchises, privileges, rights and immunities, at the Effective Date shall be merged with and into that of the Surviving Corporation, and the Surviving Corporation shall be vested fully therewith and the separate corporate existence and identity of the Company shall cease except to the extent continued by statute.

Appears in 3 contracts

Samples: Merger Agreement (Packaged Ice Inc), Merger Agreement (Packaged Ice Inc), Merger Agreement (Packaged Ice Inc)

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Continuing Corporate Existence. Except as may otherwise be set forth herein, the corporate existence and identity of the Surviving Corporation, with all its purposes, powers, franchises, privileges, rights and immunities, and shall continue unaffected and unimpaired by the Merger. The corporate existence and identity of the Company, with all its purposes, powers, franchises, privileges, rights and immunities, at the Effective Date shall be merged with and into that of the Surviving Corporation, and the Surviving Corporation shall be vested fully therewith and the separate corporate existence and identity of the Company shall cease except to the extent continued by statute.

Appears in 3 contracts

Samples: Merger Agreement (Packaged Ice Inc), Merger Agreement (Packaged Ice Inc), Merger Agreement (Packaged Ice Inc)

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Continuing Corporate Existence. Except as may otherwise be set forth herein, the corporate existence and identity of the Surviving CorporationCompany, with all its purposes, powers, franchisesrights, privileges, rights immunities and immunitiesfranchises, shall continue unaffected and unimpaired by the Merger. The , and the corporate existence and identity of the CompanySubsidiary, with all its purposes, powers, franchisesrights, privileges, rights immunities and immunitiesfranchises, at the Effective Date Date, shall be merged with and into that of the Surviving CorporationCompany, and the Surviving Corporation shall be vested fully therewith and the separate corporate existence and identity of the Company Subsidiary shall thereafter cease except to the extent continued by statute.

Appears in 1 contract

Samples: Merger Agreement (Metro Tel Corp)

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