Effect on Securities, Etc Sample Clauses
The "Effect on Securities, Etc" clause defines how a particular agreement or event impacts the rights, status, or characteristics of securities such as shares, bonds, or other financial instruments. In practice, this clause may specify whether the transaction alters ownership rights, affects voting power, or changes the terms of conversion or redemption for the securities involved. Its core function is to clarify the legal and practical consequences for holders of securities, ensuring all parties understand how their interests may be affected by the agreement or event.
Effect on Securities, Etc. At the Effective Time, by virtue of the Merger and without any action on the part of Parent, Merger Sub, the Company or the holders of any securities of the Company:
Effect on Securities, Etc. At the Effective Time, by virtue of the Merger:
Effect on Securities, Etc. At the Effective Time, by virtue of the Merger and without any action on the part of Parent or Subsidiary, each share of capital stock of Subsidiary issued and outstanding immediately prior to the Effective Time shall be canceled and cease to exist without any consideration being payable therefor.
Effect on Securities, Etc. At the Effective Time, by virtue of the Merger and without any action on the part of Parent, Subsidiary or the holders of any securities of Parent:
Effect on Securities, Etc. At the Reorganization Effective Time, by virtue of the Reorganization Merger and without any action on the part of Reorganization Merger Sub, the Company or the holders of any securities of the Company:
(a) Conversion of Securities. Each share of Company Common Stock (other than any such shares to be cancelled pursuant to Section 1.06(b) and other than Dissenting Shares) issued and outstanding immediately prior to the Reorganization Effective Time will be converted into one fully paid and nonassessable share of New Kroll Holdings Common Stock. Each share of Reorganization Merger Sub Common Stock issued and outstanding immediately prior to the Reorganization Effective Time will be converted into one fully paid and nonassessable share of Surviving Operating Corporation Common Stock.
Effect on Securities, Etc. At the Recapitalization Effective Time, by virtue of the Recapitalization Merger and without any action on the part of Recapitalization Merger Sub, New Kroll Holdings or the holders of any securities of New Kroll Holdings:
(a) Conversion of Common Stock of Recapitalization Merger Sub. All shares of common stock of Recapitalization Merger Sub, par value $0.01 per share ("Recapitalization Merger Sub Common Stock"), issued and outstanding immediately prior to the Recapitalization Effective Time shall be converted into an aggregate number of validly issued, fully paid and nonassessable shares of New Kroll Holdings Common Stock equal to the quotient obtained by dividing (i) the amount of cash contributed to the capital of Recapitalization Merger Sub immediately prior to or concurrently with the consummation of the Recapitalization Merger by (ii) the amount of Cash Merger Consideration per share.
Effect on Securities, Etc