Effect of the Transaction Sample Clauses
Effect of the Transaction. Upon consummation of the Subject Securities Exchange Transaction, and the Related Transactions taken as a whole, and by operation of law without any action on the part of FIND or any of the other Parties, ACS shall have become a wholly-owned subsidiary of FIND.
Effect of the Transaction. The execution, delivery and performance of this Agreement and the consummation of the contemplated transactions, including any transfer of personal information resulting from such transactions, will not violate the privacy policy of any Company Entity as it currently exists.
Effect of the Transaction. No creditor, customer or other Person having a material business relationship with Target has informed Target that such Person currently intends to change the relationship because of this Agreement or because of any of the transactions contemplated hereby, nor, to Target’s Knowledge, is there any such intent.
Effect of the Transaction. Following the Effective Date and all of the transactions described herein, the M3 Stockholders will own 11,934,007shares of the EGPI Common Stock, which will represent approximately 50 percent of the issued and outstanding shares of the EGPI Common Stock. Following the Effective Date and all of the transactions described herein, EGPI shall have 23,868,015 shares of the EGPI Common Stock issued and outstanding, owned as follows: (a) 9,547,206 shares owned by the EGPI Stockholders; (b) 11,934,007 shares owned by the M3 Stockholders; and (c) 2,386,802 shares owned by Strategic Partners. In addition, the M3 Stockholders will own 5,000 shares of the EGPI Preferred Stock.
Effect of the Transaction. The effect of the Transaction shall be as provided in this Agreement and the applicable provisions of the DGCL and the DLCA. Without limiting the generality of the foregoing, at the Effective Time of the Second Merger all the property, rights, privileges, powers and franchises of Company and Merger Subs shall vest in Surviving Entity, and all debts, liabilities and duties of Company and Merger Subs shall become the debts, liabilities and duties of Surviving Entity.
Effect of the Transaction. No creditor, employee, consultant or customer or other Person having a material business relationship with the Company has informed the Company that such Person currently intends to change such Person’s relationship with the Company as a result of this Agreement or any of the Transactions, nor, to the Company’s Knowledge, is there any such intent. 3.32
Effect of the Transaction. Following the Effective Date and all of the transactions described herein, the San West Stockholders will own 13,079,264 shares of the Human BioSystems Common Stock, which will represent approximately 80 percent of the issued and outstanding shares of the Human BioSystems Common Stock. Following the Effective Date and all of the transactions described herein, Human BioSystems shall have 16,349,080 shares of the Human BioSystems Common Stock issued and outstanding, owned as follows: (a) 2,452,362 shares owned by the Human BioSystems Stockholders; (b) 13,079,264 shares owned by the San West Stockholders; and (c) 817,454 shares owned by Dutchess Advisors LLC as a finders fee. Provided, however, notwithstanding anything herein contained to the contrary, if there is any change in the issued and outstanding shares of either Human BioSystems or San West as of the Effective Date, the number of shares to be issued hereunder shall be adjusted accordingly, so that the San West Stockholders will own following the Effective Date at least 80 percent of the issued and outstanding shares of the Human BioSystems Common Stock and the Human BioSystems Stockholders will own approximately 15 percent of the issued and outstanding shares of the Human BioSystems Common Stock following the Effective Date after the payment of the finders fee herein described.
Effect of the Transaction. Any contract related to the Company does not contain a term that provides if the Company executes the Transaction Documents, the contract would be terminated, or the Company’s rights and obligations under such contract would be materially adversely affected, or causes the Company loses any major customer or supplier.
Effect of the Transaction. Following the Effective Date, Quality Resource Technologies shall have 15,000,000 shares of the Quality Resource Technologies Common Stock issued and outstanding, owned as follows: (a) 1,500,000 shares owned by the Quality Resource Technologies Stockholders before the Effective Date, and (b) 13,500,000 shares owned by the TRQ Stockholders.
Effect of the Transaction. The execution of this Agreement and the consummation of the transactions contemplated hereunder will not violate any applicable law or regulation, contract or internal or external policies of the EMP Group Companies.