Conversion of Merger Sub Common Stock. At the Effective Time, each of the shares of capital stock of Merger Sub issued and outstanding immediately prior to the Effective Time shall, by virtue of the Merger, automatically and without any action on the part of Parent, become and be converted into one share of Class A Common Stock, which shall thereafter constitute all of the issued and outstanding shares of the capital stock of the Surviving Corporation.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Barnett Banks Inc), Agreement and Plan of Merger (Oxford Resources Corp)
Conversion of Merger Sub Common Stock. At the Effective Time, each Each of the shares of capital the common stock of Merger Sub issued and outstanding immediately prior to the Effective Time shall, by virtue of the Merger, automatically and without any action on the part of Parent, become and be converted into one share of Class A Company Common Stock, which shall thereafter constitute all of the issued and outstanding shares of the capital stock of the Surviving Corporation.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Firstcity Financial Corp), Agreement and Plan of Merger (Firstcity Financial Corp)
Conversion of Merger Sub Common Stock. At the Effective Time, each of the shares of capital stock share of Merger Sub Common Stock then issued and outstanding immediately prior to the Effective Time shalloutstanding, by virtue of the Merger, automatically and without any action on the part of Parentthe holder thereof, shall automatically become and be converted into one share of Class A Common Stock, which shall thereafter constitute all of the issued and outstanding shares of the capital stock Stock of the Surviving Corporation.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Real Software Acquisition Sub 1 Inc)
Conversion of Merger Sub Common Stock. At the Effective Time, each Each of the shares of capital stock the common stock, par value $.01 per share, of Merger Sub ("Merger Sub Common Stock") issued and outstanding immediately prior to the Effective Time shall, by virtue of the Merger, automatically and without any action on the part of Parent, become and be converted into one share of Class A Common Stock, which shall thereafter constitute all of the issued and outstanding shares of the capital stock of the Surviving Corporation.be
Appears in 1 contract
Samples: Agreement and Plan of Merger (Security First Technologies Corp)
Conversion of Merger Sub Common Stock. At the Effective Time, each Each share of the shares of capital common stock of Merger Sub issued and outstanding immediately prior to the Effective Time shall, by virtue of the Merger, automatically Merger and without any action on the part of the holder thereof, Parent, become and Merger Sub or the Company be converted into and become one fully paid and nonassessable share of Class A Common Stock, which shall thereafter constitute all of the issued and outstanding shares of the capital common stock of the Surviving CorporationCompany.
Appears in 1 contract
Samples: Plan of Reorganization and Agreement (New Visual Entertainment Inc)
