Common use of Conversion of Mergersub Stock Clause in Contracts

Conversion of Mergersub Stock. At the Effective Time, each share of Mergersub 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 non-assessable share of the Surviving Corporation. Such newly issued shares shall thereafter constitute all of the issued and outstanding capital stock of the Surviving Corporation.

Appears in 8 contracts

Samples: Merger Agreement (Centerprise Advisors Inc), Merger Agreement (Centerpoint Advisors Inc), Merger Agreement (Centerprise Advisors Inc)

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Conversion of Mergersub Stock. At the Effective Time, each ----------------------------- share of Mergersub 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 non-assessable share of the Surviving Corporation. Such newly issued shares shall thereafter constitute all of the issued and outstanding capital stock of the Surviving Corporation.

Appears in 3 contracts

Samples: Merger Agreement (Centerpoint Advisors Inc), Merger Agreement (Centerpoint Advisors Inc), Merger Agreement (Centerpoint Advisors Inc)

Conversion of Mergersub Stock. At the Effective Time, each share of the capital stock of Mergersub Stock (the "Mergersub 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 non-assessable share of the Surviving Corporation. Such newly issued shares shall thereafter constitute all of the issued and outstanding capital stock of the Surviving Corporation.

Appears in 2 contracts

Samples: Merger Agreement (Centerprise Advisors Inc), Merger Agreement (Centerprise Advisors Inc)

Conversion of Mergersub Stock. At the Effective Time, each share Time of Mergersub Stock issued and outstanding immediately prior to the Effective Time shallMerger, by virtue of the Merger and without any action on the part of any party hereto or any holder of shares of stock of MergerSub, each share of common stock of MergerSub outstanding immediately prior to the holder thereof, Effective Time of the Merger will be converted into and become one validly issued, fully paid and non-assessable nonassessable share of common stock of the Surviving CorporationEntity. Such newly issued shares shall thereafter will constitute all the only outstanding shares of the issued and outstanding capital stock of the Surviving CorporationEntity.

Appears in 2 contracts

Samples: Form of Agreement and Plan of Merger (Liberty Media Holding CORP), Agreement and Plan of Merger (Liberty Media Holding CORP)

Conversion of Mergersub Stock. At the Effective Time, each ----------------------------- share of the capital stock of Mergersub Stock (the "MERGERSUB 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 non-assessable share of the Surviving Corporation. Such newly issued shares shall thereafter constitute all of the issued and outstanding capital stock of the Surviving Corporation.

Appears in 2 contracts

Samples: Merger Agreement (Centerpoint Advisors Inc), Merger Agreement (Centerpoint Advisors Inc)

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Conversion of Mergersub Stock. At the Effective Time, each share of Mergersub Stock issued and outstanding immediately prior to the Effective Time shall, by virtue of the Merger Mergers and without any action on the part of the holder thereof, be converted into and become one validly issued, fully paid and non-assessable share of the applicable Surviving Corporation. Such newly issued shares shall thereafter constitute all of the issued and outstanding capital stock of the applicable Surviving Corporation.

Appears in 1 contract

Samples: Merger Agreement (Centerprise Advisors Inc)

Conversion of Mergersub Stock. At the Effective Time, each ----------------------------- share of Mergersub Stock issued and outstanding immediately prior to the Effective Time shall, by virtue of the Merger Mergers and without any action on the part of the holder thereof, be converted into and become one validly issued, fully paid and non-assessable share of the applicable Surviving Corporation. Such newly issued shares shall thereafter constitute all of the issued and outstanding capital stock of the applicable Surviving Corporation.

Appears in 1 contract

Samples: Merger Agreement (Centerpoint Advisors Inc)

Conversion of Mergersub Stock. At the Effective Time, each share ----------------------------- of Mergersub 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 non-assessable share of the Surviving Corporation. Such newly issued shares shall thereafter constitute all of the issued and outstanding capital stock of the Surviving Corporation.

Appears in 1 contract

Samples: Merger Agreement (Centerpoint Advisors Inc)

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