Conversion of Merger Sub Common Stock. At the Effective Time, each share of common stock of Merger Sub issued and outstanding immediately prior to the Effective Time shall, by virtue of the Merger and without any action on the part of the holder thereof, be converted into and become one validly issued, fully paid and nonassessable share of common stock, par value $0.01, of the Surviving Entity.
Appears in 2 contracts
Samples: Voting Agreement (TGC Industries Inc), Voting Agreement (Dawson Geophysical Co)
Conversion of Merger Sub Common Stock. At the Effective Time, each share of common stock of Merger Sub issued and outstanding immediately prior to the Effective Time shall, by virtue of the Merger shall remain outstanding and without any action on the part of the holder thereof, be converted into and become shall represent one validly issued, fully paid and nonassessable share of common stock, par value $0.01, stock of the Surviving EntityCorporation.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (McData Corp), Agreement and Plan of Merger and Reorganization (Endorex Corp)
Conversion of Merger Sub Common Stock. At the Effective Time, each share of common stock of The 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 the holder thereof, shall be converted into and become exchanged for one validly issued, fully paid and nonassessable share of common stock, par value $0.01, stock of the Surviving EntityCorporation.
Appears in 2 contracts
Samples: Business Combination Agreement and Plan of Reorganization (Lion Electric Co), Business Combination Agreement and Plan of Reorganization (Northern Genesis Acquisition Corp.)
Conversion of Merger Sub Common Stock. At the Effective Time, each ------------------------------------- share of common stock 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 the holder thereof, be converted into and become one validly issued, fully paid and nonassessable share of common stock, par value $0.01, Common Stock of the Surviving EntityCorporation.
Appears in 1 contract
Samples: Headway Technologies Inc
Conversion of Merger Sub Common Stock. At the Effective Time, each share of common stock of Merger Sub Common Stock that is issued and outstanding immediately prior to the Effective Time shall, by virtue of the Merger and without any action on the part of the holder thereof, shall be converted into and become one validly issued, fully paid and nonassessable share of common stockCommon Stock, par value $0.01, of the Surviving Entity.value
Appears in 1 contract
Conversion of Merger Sub Common Stock. At the Effective TimeTime of the Merger, each share of common stock of Merger Sub Common Stock that is issued and outstanding immediately prior to the Effective Time shall, by virtue of the Merger and without any action on the part of the holder thereof, shall be converted into and become one validly issued, fully paid and nonassessable share of common stock, par value $0.01, Common Stock of the Surviving EntityCompany, and the shares of Company Common Stock into which the shares of Merger Sub Common Stock are so converted shall be the only shares of Company Common Stock that are issued and outstanding immediately after the Effective Time of the Merger.
Appears in 1 contract
