Common use of Conversion of Merger Sub Capital Stock Clause in Contracts

Conversion of Merger Sub Capital Stock. At the Merger Effective Time, each share of common stock of Merger Sub issued and outstanding immediately prior to the Merger Effective Time shall be immediately and automatically converted into and become one share of common stock, par value $0.0001 per share, of the Surviving Corporation, with all of such shares of the Surviving Corporation held solely by the Company. All shares of common stock of Merger Sub, when converted as provided in this Section 2.6(b), shall no longer be outstanding and shall cease to exist.

Conversion of Merger Sub Capital Stock. At As of the Merger Effective Time, each share of common capital stock of the Merger Sub that is issued and outstanding immediately prior to the Merger Effective Time shall will be immediately and automatically converted into one (1) validly issued, fully-paid and become one non-assessable share of common stock, $0.0001 par value $0.0001 per share, of the Surviving Corporation, with all of such and the shares of the Surviving Corporation held solely by into which the Company. All shares of common capital stock of the Merger Sub, when Sub are so converted as provided in this Section 2.6(b), shall no longer be the only shares of capital stock of the Surviving Corporation and the only securities of the Surviving Corporation that are issued and outstanding and shall cease to existimmediately after the Effective Time.

Conversion of Merger Sub Capital Stock. At the Merger Effective Time, each Each share of common capital stock of Merger Sub issued and outstanding immediately prior to before the Effective Time shall, by virtue of the Merger Effective Time shall and without any action on the part of any Buyer Party or any other Person, be immediately automatically cancelled, extinguished and no longer outstanding and automatically converted into and become one share of common stock, par value $0.0001 per share, stock of the Surviving Corporation. From and after the Effective Time, with all any certificate of Merger Sub evidencing ownership of any such share of capital stock shall automatically be deemed to evidence ownership of the issued and outstanding shares of the Surviving Corporation held solely by the Company. All shares of common stock of Merger Sub, when converted as provided in this Section 2.6(b), shall no longer be outstanding and shall cease to existCorporation.