Common use of General Effect Clause in Contracts

General Effect. All the property, rights, privileges, powers, franchises and assets of the Company and Merger Sub shall vest in the Surviving Corporation, and all debts, liabilities, obligations and duties of the Company and Merger Sub shall become the debts, liabilities, obligations and duties of the Surviving Corporation.

Appears in 4 contracts

Samples: Agreement and Plan of Merger (Kelly Services Inc), Merger Agreement (GTT Communications, Inc.), Merger Agreement (GTT Communications, Inc.)

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General Effect. All the property, rights, privileges, powers, franchises and assets of the Company and Merger Sub shall vest in the Surviving Corporation, and all debts, liabilities, obligations Liabilities and duties of the Company and Merger Sub shall become the debts, liabilities, obligations Liabilities and duties of the Surviving Corporation.

Appears in 2 contracts

Samples: Merger Agreement, Merger Agreement (Worthington Industries Inc)

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General Effect. All the property, rights, privileges, powers, franchises and assets of the Operating Company and Merger Sub shall vest in the Surviving CorporationCompany, and all debtsIndebtedness, liabilitiesLiabilities, obligations and duties of the Operating Company and Merger Sub shall become the debtsIndebtedness, liabilitiesLiabilities, obligations and duties of the Surviving CorporationCompany.

Appears in 1 contract

Samples: Stock Purchase Agreement and Agreement and Plan of Merger (B&G Foods, Inc.)

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