Effect of the Amalgamation. At the Effective Time, subject to the Act:
Effect of the Amalgamation. Under the Amalgamation at the Effective Time:
Effect of the Amalgamation. On the Effective Date of the Amalgamation, the following shall occur and shall be deemed to occur in the following order without any further act or formality:
Effect of the Amalgamation. At the Effective Time, subject to the BCBCA:
Effect of the Amalgamation. On the Effective Date:
Effect of the Amalgamation. At the Effective Time, the effect of the Amalgamation shall be as provided in the applicable provisions of the Companies Act.
Effect of the Amalgamation. 14.1 Subject to Section 14.2 hereof, on the Effective Date:
Effect of the Amalgamation. As of the date of the Amalgamation as set forth in the Certificate of Amalgamation:
Effect of the Amalgamation. At the Closing Time, the effect of the Amalgamation shall be as provided under Section 179 of the Act. Without limiting the generality of the foregoing, and subject thereto, at the Closing Time, the separate corporate existence of each of BackWeb Canada and Lanacom shall cease, all the property, rights, privileges, powers and franchises of BackWeb Canada and Lanacom shall vest in the Surviving Corporation, and all debts, liabilities, obligations and duties of BackWeb Canada and Lanacom shall become the debts, liabilities, obligations and duties of the Surviving Corporation. The name of the Surviving Corporation shall be "BackWeb Canada Inc."
Effect of the Amalgamation. At the Effective Time, the effect of the Amalgamation shall be as provided in Section 109 of the Companies Act. Without limiting the generality of the foregoing, and subject thereto, at the Effective Time, except as otherwise provided herein, all the property, rights, privileges, powers and franchises of the Company and Amalgamation Sub shall become the property, rights, privileges, powers and franchises of the Amalgamated Company, and all debts, obligations, liabilities and duties of the Company and Amalgamation Sub shall become the debts, obligations, liabilities and duties of the Amalgamated Company.
