Common use of Effect on Merger Sub Capital Stock Clause in Contracts

Effect on Merger Sub Capital Stock. As of the Effective Time, by virtue of the Merger and without any action on the part of the holder of any shares of capital stock of Merger Sub, each issued and outstanding share of capital stock of Merger Sub shall remain outstanding and represent a validly issued, fully paid and nonassessable share of common stock of the Surviving Corporation.

Effect on Merger Sub Capital Stock. As of the Effective Time, by virtue of the Merger and without any action on the part of the holder of any Shares or any shares of capital stock of Merger Sub, each issued and outstanding share of capital stock of Merger Sub shall remain outstanding be converted into and represent a exchanged for one validly issued, fully paid and nonassessable share of common stock of the Surviving Corporation.

Effect on Merger Sub Capital Stock. As of the Effective Time, by virtue of the Merger and without any action on the part of the holder of any shares of capital stock of Merger Sub, each issued and outstanding share of capital stock of Merger Sub shall remain outstanding be converted into and represent a exchanged for one validly issued, fully paid and nonassessable share of common stock of the Surviving Corporation.

Effect on Merger Sub Capital Stock. As of At the Effective Time, each share of the common stock of Merger Sub, issued and outstanding immediately prior to the Effective Time, shall, by virtue of the Merger and without any action on the part of the holder of any shares of capital stock of Merger Subthereof, each issued and outstanding share of capital stock of Merger Sub shall remain outstanding and represent a validly issued, be converted into one fully paid and nonassessable non-assessable share of common stock stock, no stated par value per share, of the Surviving Corporation.