Common use of Description of Transaction Clause in Contracts

Description of Transaction. 1.1 Merger of Merger Sub into the Company. Upon the terms and subject to the conditions set forth in this Agreement, at the Effective Time (as defined in Section 1.3), Merger Sub shall be merged with and into the Company, and the separate existence of Merger Sub shall cease. The Company will continue as the surviving corporation in the Merger (the “Surviving Corporation”).

Appears in 3 contracts

Samples: Agreement of Merger (Synopsys Inc), Agreement and Plan of Merger (Dot Hill Systems Corp), Agreement of Merger (Nassda Corp)

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Description of Transaction. 1.1 Merger of Merger Sub into the Company. Upon the terms and subject to the conditions set forth in this Agreement, and in accordance with the DGCL, at the Effective Time (as defined in Section 1.3), Merger Sub shall be merged with and into the Company, and the separate existence of Merger Sub shall cease. The Company will continue as the surviving corporation in the Merger (the “Surviving Corporation”).

Appears in 1 contract

Samples: Agreement and Plan of Merger And (Websense Inc)

Description of Transaction. 1.1 Merger of Merger Sub with and into the Company. Upon the terms and subject to the conditions set forth in this Agreement, at the Effective Time (as defined in Section 1.3), Merger Sub shall be merged with and into the Company. By virtue of the Merger, and at the Effective Time, the separate existence of Merger Sub shall cease. The cease and the Company will shall continue as the surviving corporation in the Merger (and as a wholly owned subsidiary of Parent. The Company as the surviving company after the Merger is referred to as the “Surviving Corporation.).

Appears in 1 contract

Samples: Agreement and Plan of Merger

Description of Transaction. 1.1 Merger of the Company into Merger Sub into the CompanySub. Upon the terms and subject to the conditions set forth in this Agreement, at the Effective Time (as defined in Section 1.3)Time, Merger Sub Company shall be merged with and into the CompanyMerger Sub, and the separate existence of Merger Sub Company shall cease. The Company Merger Sub will continue as the surviving corporation in the Merger (the “Surviving Corporation”). Following the close of the Merger, the Surviving Corporation will be merged into the Parent.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Super League Gaming, Inc.)

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Description of Transaction. 1.1 Merger of the Company into Merger Sub into the CompanySub. Upon the terms and subject to the conditions set forth in this Agreement, at as of the Effective Time (as defined in Section 1.3), Merger Sub the Company shall be merged with and into the CompanyMerger Sub, and the separate existence of Merger Sub the Company shall cease. The Company Merger Sub will continue as the surviving corporation in the Merger (the "Surviving Corporation").

Appears in 1 contract

Samples: Agreement and Plan of Merger and Reorganization (Display Technologies Inc)

Description of Transaction. 1.1 Merger of the Company into Merger Sub into the CompanySub. Upon the terms and subject to the conditions set forth in this Agreement, at the Effective Time (as defined in Section 1.3), Merger Sub the Company shall be merged with and into the CompanyMerger Sub, and the separate existence of Merger Sub the Company shall cease. The Company Merger Sub will continue as the surviving corporation in the Merger (the "Surviving Corporation").

Appears in 1 contract

Samples: Agreement and Plan of Merger and Reorganization (Applied Nanoscience Inc.)

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