Common use of Effect of the Merger; Closing Clause in Contracts

Effect of the Merger; Closing. At the Effective Time, the effect of the Merger shall be as provided in the applicable provisions of Delaware Law. Without limiting the generality of the foregoing, and subject thereto, at the Effective Time all the property, rights, privileges, powers and franchises of the Company and Merger Sub shall vest in the Surviving Corporation, and all debts, liabilities and duties of the Company and Merger Sub shall become the debts, liabilities and duties of the Surviving Corporation. The closing of the Merger (the "CLOSING") shall take place at a time and on a date (the "CLOSING DATE") to be specified by the parties, which shall be no later than the third Business Day after satisfaction or waiver of the latest to occur of the conditions precedent set forth in Article VII, at the offices of Jonex, Xxy, Reavxx & Xogux, Xxrth Point, 901 Xxxxxxxx Xxxxxx, Xxxxxxxxx, Xxxx, xxless another time, date or location is agreed to in writing by the parties. "BUSINESS DAY" means any day other than Saturday, Sunday or a federal holiday.

Effect of the Merger; Closing. At the Effective Time, the ----------------------------- effect of the Merger shall be as provided in the applicable provisions of Delaware Law. Without limiting the generality of the foregoing, and subject thereto, at the Effective Time all the property, rights, privileges, powers and franchises of the Company and Merger Sub shall vest in the Surviving Corporation, and all debts, liabilities and duties of the Company and Merger Sub shall become the debts, liabilities and duties of the Surviving Corporation. The closing of the Merger (the "CLOSINGClosing") shall take place at a time and on a date (the "CLOSING DATEClosing Date") to be specified by the parties, which shall be no later than the third Business Day after satisfaction or waiver of the latest to occur of the conditions precedent set forth in Article VII, at the offices of Jonex----------- Xxxxx, XxyDay, Reavxx Xxxxxx & XoguxXxxxx, Xxrth North Point, 901 000 Xxxxxxxx Xxxxxx, Xxxxxxxxx, Xxxx, xxless unless another time, date or location is agreed to in writing by the parties. "BUSINESS DAYBusiness Day" means any day other than Saturday, Sunday or a federal holiday.

Effect of the Merger; Closing. At the Effective Time, the effect of the Merger shall be as provided in the applicable provisions of Delaware Law. Without limiting the generality of the foregoing, and subject thereto, at the Effective Time all the property, rights, privileges, powers and franchises of the Company and Merger Sub shall vest in the Surviving Corporation, and all debts, liabilities and duties of the Company and Merger Sub shall become the debts, liabilities and duties of the Surviving Corporation. The closing of the Merger (the "CLOSING") shall take place at a time and on a date (the "CLOSING DATE") to be specified by the parties, which shall be no later than the third Business Day after satisfaction or waiver of the latest to occur of the conditions precedent set forth in Article ARTICLE VII, at the offices of Jonex, Xxy, Reavxx & Xogux, Xxrth Point, 901 Xxxxxxxx Xxxxxx, Xxxxxxxxx, Xxxx, xxless another time, date or location is agreed to in writing by the parties. "BUSINESS DAY" means any day other than Saturday, Sunday or a federal holiday.