Common use of Effects Clause in Contracts

Effects. The Merger shall have the effects set forth in Section 259 of the DGCL. In accordance with the DGCL, all of the rights, privileges, property, powers and franchises of the Company and Sub shall vest in the Surviving Corporation, and all of the debts, liabilities and duties of the Company and Sub shall become the debts, liabilities and duties of the Surviving Corporation.

Appears in 3 contracts

Samples: Merger Agreement (Reliance Steel & Aluminum Co), Merger Agreement (Reliance Steel & Aluminum Co), Merger Agreement (Jorgensen Earle M Co /De/)

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Effects. The Merger shall have the effects on the Company and Acquirer as set forth in Section 259 of the DGCL. In accordance with the DGCL, all including in Section 259 thereof. Without limiting the generality of the foregoing, and subject thereto, at the Effective Time all the property, rights, privileges, property, powers and franchises of the Company and Sub Acquirer shall vest in the Surviving Corporation, and all of the debts, liabilities and duties of the Company and Sub Acquirer shall become the debts, liabilities and duties of the Surviving Corporation.

Appears in 2 contracts

Samples: Merger Agreement (Tennant James R), Merger Agreement (Home Products International Inc)

Effects. The Merger shall have the effects set forth in Section 259 this Agreement and the applicable provisions of the DGCL. In accordance with Without limiting the DGCLgenerality of the foregoing, and subject thereto, at the Effective Time, all of the properties, rights, privileges, property, powers and franchises of the Company and Merger Sub shall vest in the Surviving CorporationCompany, and all of the debts, liabilities and duties of the Company and Merger Sub shall become the debts, liabilities and duties of the Surviving CorporationCompany.

Appears in 2 contracts

Samples: Merger Agreement (Madison Square Garden Entertainment Corp.), Merger Agreement (Solarcity Corp)

Effects. The Merger shall have the effects set forth in Section 259 of the DGCL. In accordance with Without limiting the DGCLgenerality of the foregoing, and subject thereto, at the Effective Time, all of the properties, rights, privileges, property, powers and franchises of the Company and Sub shall vest in the Surviving Corporation, and all of the debts, liabilities and duties of the Company and Sub shall become the debts, liabilities and duties of the Surviving Corporation.

Appears in 2 contracts

Samples: Merger Agreement (Cruzan International, Inc.), Merger Agreement (Absolut Spirits CO INC)

Effects. The Merger shall have the effects set forth herein and in Section 259 of the DGCL. In accordance with Without limiting the DGCLgenerality of the foregoing and subject thereto, at the Effective Time, all of the property, rights, privileges, propertyimmunities, powers and franchises of the Company and Merger Sub shall vest in the Surviving Corporation, Corporation and all of the debts, liabilities and duties of the Company and Merger Sub shall become the debts, liabilities and duties of the Surviving Corporation.

Appears in 2 contracts

Samples: Merger Agreement (Arbitron Inc), Agreement and Plan of Merger (Nielsen Holdings N.V.)

Effects. The Merger shall have the effects set forth in Section 259 this Agreement and the applicable provisions of the DGCLDGCL and the DLLCA. In accordance with Without limiting the DGCLgenerality of the foregoing, and subject thereto, at the Effective Time, all of the properties, rights, privileges, property, powers and franchises of the Company and Merger Sub shall vest in the Surviving CorporationCompany, and all of the debts, liabilities and duties of the Company and Merger Sub shall become the debts, liabilities and duties of the Surviving CorporationCompany.

Appears in 2 contracts

Samples: Merger Agreement (Jefferies Financial Group Inc.), Merger Agreement (Homefed Corp)

Effects. The Merger shall have the effects set forth in Section 259 of the DGCL. In accordance with Without limiting the DGCLgenerality of the foregoing, and subject thereto, at the Effective Time, all of the assets, property, rights, privileges, propertyimmunities, powers and franchises of the Company and Merger Sub shall vest in the Surviving Corporation, and all of the debts, liabilities and duties of the Company and Merger Sub shall become the debts, liabilities and duties of the Surviving Corporation.

Appears in 2 contracts

Samples: Merger Agreement (Sand Hill It Security Acquisition Corp), Merger Agreement (Sand Hill It Security Acquisition Corp)

Effects. The Merger shall have the effects set forth in Section 259 of the DGCL. In accordance with Without limiting the DGCL, all generality of the foregoing, and subject thereto, at the Effective Time all the property, rights, privileges, property, powers and franchises of the Company and Sub shall vest be vested in the Surviving Corporation, and all of the debts, liabilities and duties of the Company and Sub shall become the debts, liabilities and duties of the Surviving Corporation.

Appears in 1 contract

Samples: Merger Agreement (Cambridge Display Technology, Inc.)

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Effects. The Merger shall have the effects set forth in Section 259 the applicable provisions of the DGCL. In accordance with Without limiting the DGCLgenerality of the foregoing, and subject thereto, at the Effective Time, all of the rights, privileges, property, powers and franchises property of the Company and Sub shall vest in the Surviving Corporation, and all of the debts, liabilities and duties obligations of the Company and Sub shall become the debts, liabilities and duties obligations of the Surviving Corporation.

Appears in 1 contract

Samples: Merger Agreement (Sparta Inc /De)

Effects. The Merger shall have the effects set forth in Section 259 of the DGCL. In accordance with Without limiting the DGCL, all generality of the foregoing, and subject thereto, at the Effective Time all the property, rights, privileges, property, powers and franchises of the Company and Merger Sub shall vest in the Surviving Corporation, and all of the debts, liabilities Liabilities and duties of the Company and Merger Sub shall become the debts, liabilities Liabilities and duties of the Surviving Corporation.

Appears in 1 contract

Samples: Merger Agreement (Imperial Industries Inc)

Effects. The Merger shall will have the effects set forth in Section 259 of the DGCL. In accordance with Without limiting the DGCLgenerality of the foregoing, and subject thereto, at the Effective Time, all of the property, rights, privileges, property, powers and franchises of the Company and Sub shall will vest in the Surviving Corporation, and all of the debts, liabilities liabilities, obligations, restrictions, disabilities and duties of each of the Company and Sub shall will become the debts, liabilities liabilities, obligations, restrictions, disabilities and duties of the Surviving Corporation.

Appears in 1 contract

Samples: Merger Agreement (Sterling Chemicals Inc)

Effects. The At the Effective Time, the effects of the Merger shall have be as provided in the effects set forth in Section 259 applicable provisions of the DGCL. In accordance with Without limiting the DGCLgenerality of the foregoing, and subject thereto, at the Effective Time, all of the property, rights, privileges, property, powers and franchises of the Holding Company and Merger Sub shall vest in the Surviving Corporation, and all of the debts, liabilities liabilities, obligations, and duties of the Holding Company and Merger Sub shall become the debts, liabilities liabilities, obligations and duties of the Surviving Corporation.

Appears in 1 contract

Samples: Merger Agreement (United Natural Foods Inc)