Effect of the Holding Company Merger. The Holding Company Merger shall have all the effects provided with respect to the merger of a corporation with and into an Indiana corporation under the IBCL and all the effects provided with respect to a merger of a Kentucky corporation with and into a foreign corporation under the KBCA.
Effect of the Holding Company Merger. The Holding Company Merger shall have all the effects provided by the IBCL.
Effect of the Holding Company Merger. At the Effective Time, the effect of the Holding Company Merger shall be as provided in the provisions of the CGCL. Without limiting the generality of the foregoing, at the Effective Time, except as otherwise provided herein, all the property, rights, privileges, powers and franchises of the Company and the Parent shall vest in the Surviving Corporation, and all debts, liabilities and duties of the Company and the Parent shall become the debts, liabilities and duties of the Surviving Corporation.
Effect of the Holding Company Merger. 31 At the Effective Date: (a) the separate existence of Target Holding shall cease and Target Holding shall be merged with and into Acquiror Holding; (b) Acquiror Holding shall continue to possess all of the rights, privileges, and franchises possessed by it prior to the Effective Date and shall become vested with and possess all rights, privileges, and franchises possessed by Target Holding; (c) Acquiror Holding shall be responsible for all of the liabilities and obligations of Target Holding in the same manner as if Acquiror Holding had itself incurred the liabilities or obligations, and the Acquiror Holding charter shall not affect or impair the rights of the creditors or of any persons dealing with Target Holding; (d) the Holding Company Merger will not, of itself, cause a change, alteration, or amendment to the Charter or Bylaws of Acquiror Holding; (e) the Holding Company Merger will not, of itself, affect the tenure in office of any officer or director of Acquiror Holding and no person will become an officer or director of Acquiror Holding solely by virtue of the Holding Company Merger; and
Effect of the Holding Company Merger. On the Effective Date, (i) the separate existence of CSF Acquisition shall cease and CSF Acquisition shall be merged with and into CitiSave, (ii) CitiSave shall continue to possess all of the rights, privileges and franchises possessed by it and shall, on the Effective Date, become vested with and possess all rights, privileges and franchises possessed by CSF Acquisition, (iii) CitiSave shall be responsible for all of the liabilities and obligations of CSF Acquisition in the same manner as if CitiSave had itself incurred such liabilities or obligations, and the Holding Company Merger shall not affect or impair the rights of the creditors or of any persons dealing with CSF Acquisition, (iv) the Holding Company Merger will not of itself cause a change, alteration or amendment to the Articles of Incorporation of CitiSave, (v) the Bylaws of CSF Acquisition shall become the Bylaws of CitiSave, (vi) the Holding Company Merger will affect the tenure in office of all officers and directors of CitiSave and the existing officers and directors of CSF Acquisition shall
Effect of the Holding Company Merger. On the Effective Date, (i) the separate existence of Gonzales Holding shall cease and Xxxxxxxx Holding shall be merged with and into CNC, (ii) CNC shall continue to possess all of the rights, privileges and franchises possessed by it and shall, on the Effective Date, become vested with and possess all rights, privileges and franchises possessed by Xxxxxxxx Holding, (iii) CNC shall be responsible for all of the liabilities and obligations of Xxxxxxxx Holding in the same manner as if CNC had itself incurred such liabilities or obligations, and the Holding Company Merger shall not affect or impair the rights of the creditors or of any persons dealing with Xxxxxxxx Holding, (iv) the Holding Company Merger will not of itself cause a change, alteration or amendment to the Articles of Incorporation or the Bylaws of CNC, (v) the Holding Company Merger will not of itself affect the tenure in office of any officer or director of CNC and no such person will succeed to such positions solely by virtue of the Holding Company Merger, and (vi) the Holding Company Merger shall, from and after the Effective Date, have all the effects provided by applicable Louisiana law.
Effect of the Holding Company Merger. The Holding Company ------------ ------------------------------------ Merger shall have all the effects provided by the IBCL.
Effect of the Holding Company Merger. (a) If the Holding Company Merger is effected in accordance with Section 2.1, the effect of the Holding Company Merger shall be as provided in this paragraph (a). By virtue of the Holding Company Merger and at the Effective Time of the Holding Company Merger, all of the rights, privileges, powers and franchises and all property and assets of every kind and description of HFB and TI shall be vested in and be held and enjoyed by TI without further act or deed, and all the estates and interests of every kind of HFB and TI, including all debts due to either of them, shall be as effectively the property of TI, as they were of HFB, and the title to any real estate vested by deed or otherwise in either HFB or TI shall not revert or be in any way impaired by reason of the Holding Company Merger; and all rights of creditors and liens upon any property of HFB and TI shall be preserved unimpaired and all the liabilities and duties of HFB and TI shall be debts, liabilities and duties of TI and may be enforced against it to the same extent as if such debts, liabili ties and duties had been incurred or contracted by it, and none of such debts, liabilities or duties shall be expanded, increased, broadened or enlarged by reason of the Holding Company Merger.
(b) If the Holding Company Merger is effected in accordance with Section 2.2, the effect of the Holding Company Merger shall be as provided in this paragraph (b). By virtue of the Holding Company Merger and at the Effective Time of the Holding Company Merger, all of the rights, privileges, powers and franchises and all property and assets of every kind and description of HFB and the TI Subsidiary shall be vested in and be held and enjoyed by HFB, without further act or deed, and all the estates and interests of every kind of HFB and the TI Subsidiary, including all debts due to either of them, shall be as effectively the property of HFB, as they were of the TI Subsidiary, and the title to any real estate vested by deed or otherwise in either HFB or the TI Subsidiary shall not revert or be in any way impaired by reason of the Holding Company Merger; and all rights of creditors and liens upon any property of HFB and the TI Subsidiary shall be preserved unimpaired and all the liabilities and duties of HFB and the TI Subsidiary shall be debts, liabilities and duties of HFB and may be enforced against it to the same extent as if such debts, liabilities and duties had been incurred or contracted by it, and none of such debt...
Effect of the Holding Company Merger. (a) At the Effective Time, the effect of the Holding Company Merger shall be as provided in this Agreement and in the applicable provisions of the laws of the United States. Without limiting the generality of the foregoing, and subject thereto, at the Effective Time, all the property, rights, privileges, powers and franchises of LPB and Ion MHC shall vest in Surviving MHC, and all debts, liabilities, obligations, restrictions, disabilities and duties of LPB and Ion MHC shall become the debts, liabilities, obligations, restrictions, disabilities and duties of Surviving MHC.
Effect of the Holding Company Merger. By virtue of the Holding Company Merger and at the Effective Time of the Holding Company Merger, all of the rights, privileges, powers and franchises and all property and assets of every kind and description of CFHC and TI shall be vested in and be held and enjoyed by TI, without further act or deed, and all the estates and interests of every kind of CFHC and TI, including all debts due to either of them, shall be as effectively the property of TI as they were of CFHC and TI, and the title to any real estate vested by deed or otherwise in either CFHC or TI shall not revert or be in any way impaired by reason of the Holding Company Merger; and all rights of creditors and liens upon any property of CFHC and TI shall be preserved unimpaired and all the liabilities and duties of CFHC and TI shall be debts, liabilities and duties of TI and may be enforced against it to the same extent as if such debts, liabili ties and duties had been incurred or contracted by it, and none of such debts, liabilities or duties shall be expanded, increased, broadened or enlarged by reason of the Holding Company Merger.
