Directors and Officers of the Surviving Entities Sample Clauses

Directors and Officers of the Surviving Entities. At the Effective Time, each of the persons who was serving as an officer of a Purchaser immediately prior to the Effective Time shall continue to be an officer of such Purchaser and shall continue to serve in such capacity at the pleasure of the board of directors of such Purchaser or, if earlier, until their respective death or resignation. At the Effective Time, each of the persons who was serving as a director of a Purchaser immediately prior to the Effective Time shall continue to be a director of such Purchaser.
AutoNDA by SimpleDocs
Directors and Officers of the Surviving Entities. (a) The directors of Company Merger Sub immediately prior to the Company Merger Effective Time shall be the initial directors of the Surviving Company and the officers of the Company immediately prior to the Effective Time shall be the initial officers of the Surviving Company, in each case, until their respective successors are duly elected or appointed and qualified or until the earlier of their death, resignation or removal in accordance with the DGCL, the certificate of incorporation and bylaws of the Surviving Company.
Directors and Officers of the Surviving Entities. (a) Immediately prior to the GP Merger Effective Time, the General Partner shall use its reasonable best efforts to deliver to the Sponsor Parties the resignation of each officer of the General Partner and each member of the CLMT Board, unless directed otherwise by the Sponsor Parties in the Sponsor Parties’ sole discretion.
Directors and Officers of the Surviving Entities. The directors and officers of BHC immediately prior to the Effective Time shall be the directors and officers of BHC, as the surviving corporation of the Merger, until their respective successors shall be duly elected and qualified or otherwise duly selected, and the directors and officers of BAY immediately prior to the Bank Merger Effective Time shall be the directors and officers of BAY, as the surviving corporation of the Bank Merger, until their respective successors shall be duly elected and qualified or otherwise duly selected, provided, however, that the BHC Board shall take all actions legally necessary to cause the number of directors that will comprise the full BHC Board promptly after the Effective Time to be increased by two (2), which two (2) vacancies shall be filled by Mxxxxxx Xxxxxxxxx and Rxxxx Xxxxx (the “New BHC Directors”). If either of the New BHC Directors do not accept the appointment to the BHC Board, then the vacancy shall be filled from other members of the FULB Board or UBB Board, as chosen by BAY.
Directors and Officers of the Surviving Entities. (a) From and after the Initial Effective Time, until successors are duly elected or appointed and qualified in accordance with applicable Law and the bylaws of GrafTech Surviving Entity, (i) the directors of GrafTech Merger Sub at the Initial Effective Time shall be the directors of the GrafTech Surviving Entity and (ii) the officers of GrafTech Merger Sub at the Initial Effective Time shall be the officers of the GrafTech Surviving Entity.
Directors and Officers of the Surviving Entities. (a) From and after the Effective Time, until successors are duly elected or appointed and qualified in accordance with applicable Law and the bylaws of the Surviving Entity or until their earlier death, resignation or removal, (i) the directors of Merger Sub at the Effective Time shall be the directors of the Surviving Entity and (ii) the officers of Merger Sub at the Effective Time shall be the officers of the Surviving Entity and, in each case, Roadrunner shall take all actions necessary to effect the foregoing.
Directors and Officers of the Surviving Entities. (a) From and immediately after the First Effective Time, (i) the officers of Merger Sub will be the officers of the First Surviving Corporation and (ii) the directors of Merger Sub will be the initial directors of the First Surviving Corporation, in each case, until their respective successors are duly elected and qualified, or their earlier death, incapacity, resignation or removal.
AutoNDA by SimpleDocs
Directors and Officers of the Surviving Entities. (a) From and after the nCino Effective Time, until their respective successors are duly elected or appointed and qualified in accordance with applicable Law, or until their earlier death, resignation or removal, the directors and officers of nCino Merger Sub immediately prior to the nCino Effective Time shall be the directors and officers of the nCino Surviving Corporation, each to serve in accordance with the organizational documents of the nCino Surviving Corporation.
Directors and Officers of the Surviving Entities. The directors and officers of Merger Sub I and Merger Sub II in office immediately prior to the Effective Time shall be the directors and officers, respectively, of the Edge Surviving Entity and the Summit Surviving Entity, respectively, until the earlier of their resignation or removal or otherwise ceasing to be a director or officer, as the case may be, or until their respective successors are duly elected and qualified, as the case may be.
Directors and Officers of the Surviving Entities. (a) The members of the Board of Directors of New Modtech will be the members of the Board of Directors of Modtech Sub immediately prior to the Effective Time and the members of the Board of Directors of New SPI will be the members of the Board of Directors of SPI Sub immediately prior to the Effective Time. All of the members of the Board of Directors of New Modtech and New SPI will serve until their respective successors are duly elected or appointed and qualified or until their earlier death, resignation or removal in accordance with the articles of incorporation and bylaws of New Modtech or New SPI, as the case may be.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!