Conversion of Acquisition Sub Common Stock. Each share of common ------------------------------------------ stock, par value $.01 per share, of Acquisition Sub (the "Acquisition Sub Common Stock") issued and outstanding at the Effective Date shall, by virtue of the Merger and without any action on the part of the holder thereof, be converted into and exchangeable for one fully paid and nonassessable share of common stock, no par value per share, of the Surviving Corporation (the "Surviving Corporation Common Stock"). From and after the Effective Date, each outstanding certificate theretofore representing shares of Acquisition Sub Common Stock shall be deemed for all purposes to evidence ownership of, and to represent the number of shares of, Surviving Corporation Common Stock into which such shares of Acquisition Sub Common Stock shall have been converted.
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Samples: Merger Agreement (MJD Communications Inc), Merger Agreement (MJD Communications Inc)
Conversion of Acquisition Sub Common Stock. Each share of common ------------------------------------------ stockCommon Stock, par value $.01 1 per share, of Acquisition Sub (the "Acquisition Sub Common Stock") issued and outstanding at the Effective Date shall, by virtue of the Merger and without any action on the part of the holder thereof, be converted into and exchangeable for one fully paid and nonassessable share of common stockCommon Stock, no par value $1 per share, of the Surviving Corporation (the "Surviving Corporation Common Stock"). From and after the Effective Date, each outstanding certificate theretofore representing shares of Acquisition Sub Common Stock shall be deemed for all purposes to evidence ownership of, and to represent the number of shares of, Surviving Corporation Common Stock into which such shares of Acquisition Sub Common Stock shall have been converted.
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Samples: Merger Agreement (Bird Corp)
Conversion of Acquisition Sub Common Stock. Each share of common ------------------------------------------ stock, no par value $.01 per sharevalue, of Acquisition Sub (the "Acquisition Sub Common StockACQUISITION SUB COMMON STOCK") issued and outstanding at the Effective Date shall, by virtue of the Merger and without any action on the part of the holder thereof, be converted into and exchangeable for one fully paid and nonassessable share of common stock, no par value per sharevalue, of the Surviving Corporation (the "Surviving Corporation Common StockSURVIVING CORPORATION COMMON STOCK"). From and after the Effective Date, each outstanding certificate theretofore representing shares of Acquisition Sub Common Stock shall be deemed for all purposes to evidence ownership of, and to represent the number of shares of, Surviving Corporation Common Stock into which such shares of Acquisition Sub Common Stock shall have been converted.
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