Common use of Effective Time; Effect of the Merger Clause in Contracts

Effective Time; Effect of the Merger. On the Closing Date, MergerCo and the Company shall duly execute the certificate of merger substantially in the form attached hereto as Exhibit A (the “Certificate of Merger”) and file such Certificate of Merger with the Secretary of State of the State of Delaware in accordance with the DGCL. The Merger shall become effective at such time as the Certificate of Merger, accompanied by payment of the filing fee (as provided in the DGCL), has been examined by, and received the endorsed approval of, the Secretary of State of the State of Delaware, or at such subsequent time as Parent and Company shall agree and shall specify in the Certificate of Merger (the date and time the Merger becomes effective being the “Effective Time”). At the Effective Time, the effect of the Merger shall be as provided in this Agreement and the applicable provisions of the DGCL. Without limiting the generality of the foregoing, and subject thereto, at the Effective Time, all rights and property of the Company and MergerCo shall vest in the Surviving Company, and all debts and liabilities of the Company and MergerCo shall become debts and liabilities of the Surviving Company.

Appears in 2 contracts

Samples: Merger Agreement, Merger Agreement (Brightcove Inc)

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Effective Time; Effect of the Merger. On the Closing Date, MergerCo and the Company shall duly execute the certificate of merger substantially in the form attached hereto as Exhibit A (the “Certificate of Merger”) and file such Certificate of Merger with the Secretary of State of the State of Delaware in accordance with the DGCL. The Merger shall become effective at such time as the Certificate of Merger, accompanied by payment of the filing fee (as provided in the DGCL), has been examined by, and received the endorsed approval of, the Secretary of State of the State of Delaware, or at such subsequent time as Parent and Company shall agree and shall specify in the Certificate of Merger (the date and time the Merger becomes effective being the “Effective Time”). At the Effective Time, the effect of the Merger shall be as provided in this Agreement Agreement, the Certificate of Merger and the applicable provisions of the DGCL. Without limiting the generality of the foregoing, and subject thereto, at the Effective Time, all rights and property of the Company and MergerCo shall vest in the Surviving Company, and all debts and liabilities of the Company and MergerCo shall become debts and liabilities of the Surviving Company.

Appears in 1 contract

Samples: Merger Agreement (Irobot Corp)

Effective Time; Effect of the Merger. On the Closing Date, MergerCo and the Company shall duly execute the a certificate of merger substantially in the form attached hereto as Exhibit A C (the “Certificate of Merger”) and file such Certificate of Merger with the Secretary of State of the State of Delaware in accordance with the DGCLAct. The Merger shall become effective at such time as the Certificate of Merger, accompanied by payment of the filing fee (as provided in the DGCLAct), has been examined by, and received the endorsed approval of, the Secretary of State of the State of Delaware, or at such subsequent time as Parent Buyer and the Company shall agree and shall specify in the Certificate of Merger (the date and time the Merger becomes effective being the applicable “Effective Time”). At the Effective Time, the effect of the Merger shall be as provided in this Agreement and the applicable provisions of the DGCLAct. Without limiting the generality of the foregoing, and subject thereto, at the Effective Time, all rights rights, powers, privileges and property of the Company and MergerCo Merger Sub shall vest in the Surviving Company, and all debts debts, obligations, restrictions and liabilities of the Company and MergerCo Merger Sub shall become debts debts, obligations, restrictions and liabilities of the Surviving Company.

Appears in 1 contract

Samples: Merger Agreement (Avery Dennison Corp)

Effective Time; Effect of the Merger. On the Closing Date, MergerCo and the Company shall duly execute the certificate of merger substantially in the form attached hereto as Exhibit A D (the “Certificate of Merger”) and file such Certificate of Merger with the Secretary of State of the State of Delaware in accordance with the DGCL. The Merger shall become effective at such time as the Certificate of Merger, accompanied by payment of the filing fee (as provided in the DGCL), has been examined by, and received the endorsed approval of, the Secretary of State of the State of Delaware, or at such subsequent time as Parent Buyer and the Company shall agree and shall specify in the Certificate of Merger (the date and time the Merger becomes effective being the “Effective Time”). For computational and accounting purposes, the effective time of the Closing will be on 11:59 p.m. Eastern Time on the day prior to the Closing Date. At the Effective Time, the effect of the Merger shall be as provided in this Agreement and the applicable provisions of the DGCL. Without limiting the generality of the foregoing, and subject thereto, at the Effective Time, all rights rights, powers, privileges and property of the Company and MergerCo Merger Sub shall vest in the Surviving Company, and all debts debts, obligations, restrictions and liabilities of the Company and MergerCo Merger Sub shall become debts debts, obligations, restrictions and liabilities of the Surviving Company.

Appears in 1 contract

Samples: Merger Agreement (Dts, Inc.)

Effective Time; Effect of the Merger. On Subject to the Closing Dateterms and conditions of this Agreement, MergerCo and at the Company Closing, the Parties shall duly execute the file a certificate of merger substantially in the form attached hereto as Exhibit A (the “Certificate of Merger”) with the Secretary of State of the State of Delaware, in such form as required by, and file such executed and acknowledged in accordance with, the applicable provisions of the DGCL. The Merger shall become effective at the time when the Certificate of Merger has been duly filed with the Secretary of State of the State of Delaware in accordance with the DGCL. The Merger shall become effective at such time as the Certificate of Merger, accompanied by payment of the filing fee (as provided in the DGCL), has been examined by, and received the endorsed approval of, the Secretary of State of the State of Delaware, or at such subsequent later time as may be agreed by Parent and the Company shall agree in writing and shall specify specified in the Certificate of Merger (the date and time the Merger becomes effective being the “Effective Time”). At the Effective Time, the effect of the The Merger shall be as provided have the effects set forth herein and in this Agreement and the applicable provisions of the DGCL. Without limiting the generality foregoing, at and after the Effective Time all of the foregoingrights, privileges, powers and subject thereto, at the Effective Time, all rights and property franchises of the Company and MergerCo Constituent Corporations shall vest in the Surviving Company, Corporation and all debts and liabilities of the Company debts, liabilities and MergerCo duties of the Constituent Corporations shall become debts the debts, liabilities and liabilities duties of the Surviving CompanyCorporation.

Appears in 1 contract

Samples: Merger Agreement (Safeway Inc)

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Effective Time; Effect of the Merger. On the Closing Date, MergerCo immediately after the Stock Sale Closing Time, Merger Sub and the Company shall duly execute the certificate of merger substantially in the form attached hereto as Exhibit A B (the “Certificate of Merger”) and file such Certificate of Merger with the Secretary of State of the State of Delaware in accordance with the DGCL. The Merger shall become effective at such time as the Certificate of Merger, accompanied by payment of the filing fee (as provided in the DGCL), has been examined by, and received the endorsed approval of, the Secretary of State of the State of Delaware, or at such subsequent time as Parent Buyer and the Company shall agree and shall specify in the Certificate of Merger (the date and time the Merger becomes effective being the “Effective Time”). At the Effective Time, the effect of the Merger shall be as provided in this Agreement and the applicable provisions of the DGCL. Without limiting the generality of the foregoing, and subject thereto, at the Effective Time, all rights and property of the Company and MergerCo Merger Sub shall vest in the Surviving Company, and all debts and liabilities of the Company and MergerCo Merger Sub shall become debts and liabilities of the Surviving Company.

Appears in 1 contract

Samples: Acquisition Agreement and Plan of Merger (Envestnet, Inc.)

Effective Time; Effect of the Merger. On the Closing Date, MergerCo Merger Sub and the Company shall duly execute the certificate of merger substantially in the form attached hereto as Exhibit A B (the “Certificate of Merger”) and file such Certificate of Merger with the Secretary of State of the State of Delaware in accordance with the DGCL. The Merger shall become effective at such time as the Certificate of Merger, accompanied by payment of the filing fee (as provided in the DGCL), has been examined by, and received the endorsed approval of, the Secretary of State of the State of Delaware, or at such subsequent time as Parent Buyer and the Company shall agree and shall specify in the Certificate of Merger (the date and time the Merger becomes effective being the “Effective Time”). At the Effective Time, the effect of the Merger shall be as provided in this Agreement and the applicable provisions of the DGCL. Without limiting the generality of the foregoing, and subject thereto, at the Effective Time, all rights and property of the Company and MergerCo Merger Sub shall vest in the Surviving Company, and all debts and liabilities of the Company and MergerCo Merger Sub shall become debts and liabilities of the Surviving Company.

Appears in 1 contract

Samples: Merger Agreement (Upland Software, Inc.)

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