Conversion of Common Stock of Merger Sub. At the Effective Time, by virtue of the Merger and without any action on the part of any Person, each share of common stock of Merger Sub issued and outstanding immediately prior to the Effective Time, and all rights in respect thereof, shall forthwith cease to exist and be converted into one validly issued, fully paid and nonassessable share of common stock of the Surviving Corporation.
Appears in 2 contracts
Samples: Merger Agreement (Theglobe Com Inc), Merger Agreement (Theglobe Com Inc)
Conversion of Common Stock of Merger Sub. At the Effective Time, by virtue of the Merger and without any action on the part of any Person, each share of common stock of Merger Sub issued and outstanding immediately prior to the Effective Time, and all rights in respect thereof, shall forthwith cease to exist and be converted into one validly issued, fully paid and nonassessable common share of common stock of the Surviving Corporation.
Appears in 2 contracts
Samples: Merger Agreement (Minnesota Mining & Manufacturing Co), Merger Agreement (Robinson Nugent Inc)
Conversion of Common Stock of Merger Sub. At the Effective Time, all shares of Merger Sub Common Stock issued and outstanding immediately prior to the Effective Time shall, by virtue of the Merger and without any action on the part of any Personthe holder thereof, each be converted into and thereafter evidence in the aggregate one Surviving Corporation Common Share. Each share of common stock of Merger Sub Common Stock issued and outstanding immediately prior to the Effective Time, and all rights when converted in respect thereofaccordance with this Section 2.09, shall forthwith no longer be outstanding, shall automatically be canceled and shall cease to exist and be converted into one validly issued, fully paid and nonassessable share of common stock of the Surviving Corporationexist.
Appears in 2 contracts
Samples: Merger Agreement, Merger Agreement (Valeant Pharmaceuticals International, Inc.)
Conversion of Common Stock of Merger Sub. At the Effective Time, by virtue of the Merger and without any action on the part of any Personparty, each share of common stock of Merger Sub issued and outstanding immediately prior to the Effective Time, and all rights in respect thereof, shall forthwith cease to exist and be converted into one validly issued, fully paid and nonassessable share of common stock of the Surviving Corporation.
Appears in 1 contract
Samples: Merger Agreement (Theglobe Com Inc)
Conversion of Common Stock of Merger Sub. At the Effective ------------------------------------------ Time, by virtue of the Merger and without any action on the part of any Person, each share of common stock of Merger Sub issued and outstanding immediately prior to the Effective Time, and all rights in respect thereof, shall shall, without any action on the part of Parent, forthwith cease to exist and be converted into one validly issued, fully paid and nonassessable share of common stock of the Surviving Corporation.
Appears in 1 contract
Conversion of Common Stock of Merger Sub. At the Effective Time, by virtue of the Merger Mergers and without any action on the part of any Person, each share of common stock of each of C Merger Sub and S Merger Sub issued and outstanding immediately prior to the Effective Time, and all rights in respect thereof, shall forthwith cease to exist and be converted into one validly issued, fully paid and nonassessable share of common stock of the Surviving C Corporation and the Surviving S Corporation, respectively.
Appears in 1 contract
Samples: Merger Agreement (Theglobe Com Inc)