Common use of Effect of Conversion of Company Common Stock Clause in Contracts

Effect of Conversion of Company Common Stock. All of the shares of Company Common Stock converted into the shares of HoldCo Common Stock pursuant to this Article II shall no longer be outstanding and shall automatically be cancelled and shall cease to exist as of the HoldCo Effective Time, and uncertificated shares of Company Common Stock represented by book-entry form (“Company Book-Entry Shares”) and each certificate that, immediately prior to the HoldCo Effective Time, represented any such shares of Company Common Stock (a “Company Certificate”) shall thereafter represent only the shares of HoldCo Common Stock into which the shares of Company Common Stock represented by such Company Book-Entry Shares or Company Certificate have been converted pursuant to this Section 2.1.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Berry Petroleum Co), Agreement and Plan of Merger

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Effect of Conversion of Company Common Stock. All of the shares of Company Merger Sub Common Stock converted into the shares of HoldCo Company Common Stock pursuant to this Article II Section 2.1 shall no longer be outstanding and shall automatically be cancelled and shall cease to exist as of the HoldCo Effective Time, and uncertificated shares of Company Common Stock represented by book-entry form (“Company "Book-Entry Shares”Shares ") and each certificate that, immediately prior to the HoldCo Effective Time, represented any such shares of Company Common Stock (a “Company "Certificate") shall thereafter represent only the right to receive the shares of HoldCo Parent Common Stock into which the shares of Company Common Stock represented by such Company Book-Entry Shares or Company Certificate have been converted pursuant to this Section 2.1.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Stratex Oil & Gas Holdings, Inc.), Agreement and Plan of Merger (RICHFIELD OIL & GAS Co)

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