Effect on Capital Stock of MergerCo. At the Effective Time, by virtue of the Merger and without any action on the part of the holder thereof, each share of MergerCo Common Stock issued and outstanding immediately prior to the Effective Time shall automatically be converted into and become one validly issued, fully paid and non-assessable share of Common Stock of the Surviving Corporation.
Appears in 4 contracts
Samples: Agreement and Plan of Merger (Gold Hill Resources, Inc.), Agreement and Plan of Merger (Fluoropharma Medical, Inc.), Agreement and Plan of Merger (Fluoropharma Medical, Inc.)
Effect on Capital Stock of MergerCo. At the Effective Time, by virtue of the Merger and without any action on the part of the holder thereof, each share of MergerCo Common Stock issued and outstanding immediately prior to the Effective Time shall automatically be converted into and become one validly issued, fully paid and non-assessable nonassessable share of Common Stock of the Surviving Corporation.
Appears in 4 contracts
Samples: Agreement and Plan of Merger (Trist Holdings, Inc.), Agreement and Plan of Merger (Strativation, Inc.), Agreement and Plan of Merger (Xtrana Inc)
Effect on Capital Stock of MergerCo. At the Effective Time, by virtue of the Merger and without any action on the part of the holder thereof, each share of MergerCo Common Stock issued and outstanding immediately prior to the Effective Time shall automatically be converted into and become one validly issued, fully paid and non-assessable share of Common Stock common stock of the Surviving Corporation. As a result, The Surviving Corporation (Travel Center Partners) shall become a wholly-owned subsidiary of Sharewell.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Artemis Acquisition Corp.), Agreement and Plan of Merger (Artemis Acquisition Corp.)
Effect on Capital Stock of MergerCo. At the Effective Time, by virtue of the Merger and without any action on the part of the holder thereof, each share of MergerCo Common Stock issued and outstanding immediately prior to the Effective Time shall automatically be converted into and become one validly issued, fully paid and non-assessable share of Common Stock common stock of the Surviving Corporation.
Appears in 2 contracts
Samples: Agreement and Plan of Merger, Merger Agreement (Phototron Holdings, Inc.)
