EFFECT OF THE. MERGER ON THE CAPITAL STOCK OF THE CONSTITUENT CORPORATIONS; EXCHANGE OF CERTIFICATES
EFFECT OF THE. MERGER ON THE CAPITAL STOCK OF THE CONSTITUENT CORPORATIONS
EFFECT OF THE. MERGER ON THE CAPITAL STOCK OF THE COMPANY; SURRENDER OF CERTIFICATES AND PAYMENT
EFFECT OF THE. Merger At the Effective Time, the effect of the Merger shall be as provided in the applicable provisions of Delaware Law and New York Law. Without limiting the generality of the foregoing, and subject thereto, at the Effective Time, all the rights and property of the Company and Merger Sub shall vest in the Surviving Corporation, and all debts and liabilities of the Company and Merger Sub shall become the debts, liabilities and duties of the Surviving Corporation.
EFFECT OF THE. MERGER ON THE CAPITAL SHARES, INDEBTEDNESS AND AGREEMENTS OF THE CONSTITUENT ENTITIES; EXCHANGE OF CERTIFICATES
SECTION 2.01 Effect on Capital Shares, Indebtedness and Agreements. For purposes hereof, the term "Constituent Capital Stock" means the PMSI Common Stock (as defined herein). By virtue of the Merger and without any action on the part of CCA or its stockholders, the Acquisition Company, the Target Company or the holders of the Constituent Capital Stock:
EFFECT OF THE. Merger The effect of the Merger shall be as provided by the applicable provisions of the laws of Washington and Delaware. Without limiting the generality of the foregoing, and subject thereto, at the Effective Time of the Merger: the separate existence of Shurgard shall cease; the Surviving Corporation shall possess all assets and property of every description, and every interest therein, wherever located, and the rights, privileges, immunities, powers, franchises and authority, of a public as well as a private nature, of each of the Constituent Corporations; all obligations belonging to or due either of the Constituent Corporations shall be vested in, and become the obligations of, the Surviving Corporation without further act or deed; title to any real estate or any interest therein shall not revert or in any way be impaired by reason of the Merger; all rights of creditors and all liens upon any property of either of the Constituent Corporations shall be preserved unimpaired; and the Surviving Corporation shall be liable for all the obligations of the Constituent Corporations and any claim existing, or action or proceeding pending, by or against either of the Constituent Corporations may be prosecuted to judgment with right of appeal, as if the Merger had not taken place. If at any time after the Effective Time of the Merger the Surviving Corporation shall consider it to be advisable that any further conveyances, agreements, documents, instruments and assurances of law or any other things are necessary or desirable to vest, perfect, confirm or record in the Surviving Corporation the title to any property, rights, privileges, powers and franchises of the Constituent Corporations or otherwise to carry out the provisions of this Agreement, the proper directors and officers of the Constituent Corporations last in office shall execute and deliver, upon the Surviving Corporation's request, any and all proper conveyances, agreements, documents, instruments and assurances of law, and do all things necessary or proper to vest, perfect or confirm title to such property, rights, privileges, powers and title to such property, rights, privileges, powers and franchises in the Surviving Corporation, and otherwise to carry out the provisions of this Agreement.
EFFECT OF THE. INTERPRETATION AT THE PRESENTSTAGE OF THE PROCEEDINGS
EFFECT OF THE. MERGER ON THE CAPITAL STOCK OF THE CONSTITUENT CORPORATIONS 2.1 Effect on Common Stock...........................................
2.2 Company Stock Options and Related Matters........................ 2.3
EFFECT OF THE. MERGER ON THE CAPITAL STOCK OF THE COMPANY AND MIT; EXCHANGE OF CERTIFICATES
2.1 Effect of the Merger on Capital Stock. At the Effective Time, by virtue of the Merger and without any action on the part of the holder of any shares of capital stock of the Company, or the common stock, par value $0.001 per share ("MIT Common Stock"), of MIT or MIT Series D Preferred Stock:
(a) Shares of Beneficial Interest of the Company. Each share of beneficial interest of the Company issued and outstanding immediately prior to the Effective Time shall not be converted or otherwise affected by the Merger and shall remain outstanding after the Merger.
EFFECT OF THE. MERGER ON THE CAPITAL STOCK OF THE COMPANY AND MERGER SUB
2.01 EFFECT ON SHARES OF CAPITAL STOCK.