Common use of Conversion of Sub Stock Clause in Contracts

Conversion of Sub Stock. Subject to the terms and conditions of this Agreement, at the Effective Time, each share of Sub common stock that is issued and outstanding immediately prior to the Effective Time will be converted into one validly issued, fully paid and nonassessable share of common stock of the Surviving Corporation. Each certificate evidencing ownership of shares of Sub common stock will evidence ownership of such shares of common stock of the Surviving Corporation.

Conversion of Sub Stock. Subject to the terms and conditions of this Agreement, at At the Effective Time, each share of Sub common stock of Sub that is issued and outstanding immediately prior to the Effective Time will shall continue to be converted into outstanding as one validly issued, fully paid and nonassessable share of common stock of the Surviving Corporation. Each Following the Effective Time, each certificate evidencing ownership of shares of Sub common stock will of Sub shall evidence ownership of such shares of common stock of the Surviving Corporation.

Conversion of Sub Stock. Subject to the terms and conditions of this Agreement, at At the Effective Time, each share of Sub common stock that is issued and outstanding immediately prior to the Effective Time will be converted into one validly issued, fully paid and nonassessable share of common stock of the Surviving Corporation. Each certificate evidencing ownership of shares of Sub common stock will evidence ownership of such shares of common stock of the Surviving Corporation.

Conversion of Sub Stock. Subject to the terms and conditions of this Agreement, at At the Effective Time, each share of Sub common stock that is issued and outstanding immediately prior to the Effective Time will be converted into one validly issued, fully paid and nonassessable share of common stock of the Surviving CorporationCorporation (as defined in Section 2.6). Each certificate evidencing ownership of shares of Sub common stock will evidence ownership of such shares of common stock of the Surviving Corporation.

Conversion of Sub Stock. Subject to the terms and conditions of this Agreement, at At the Effective Time, each share of Sub common stock that is issued and outstanding immediately prior to before the Effective Time will be converted into one (1) validly issued, fully paid and nonassessable share of common stock of the Surviving Corporation. Each certificate evidencing ownership of shares of Sub common stock will evidence ownership of such shares of common stock of the Surviving Corporation.