Merger Sub 1 Common Stock. Each issued and outstanding share of common stock, par value $0.01 per share, of Merger Sub 1 (the “Merger Sub 1 Common Stock”) shall be converted into one validly issued fully paid and non-assessable share of common stock, par value $0.01 per share, of the Surviving Corporation (the “Surviving Corporation Common Stock”) and shall constitute the only outstanding shares of capital stock of the Surviving Corporation. From and after the Effective Time, all certificates representing shares of Merger Sub 1 Common Stock, if any, shall be deemed for all purposes to represent the number of shares of common stock of the Surviving Corporation into which they were converted in accordance with the immediately preceding sentence.
Merger Sub 1 Common Stock. Each share of common stock of Merger Sub 1 issued and outstanding immediately prior to the Initial Effective Time shall no longer be outstanding and shall automatically be cancelled and retired and shall cease to exist.
Merger Sub 1 Common Stock. At the Merger 1 Effective Time, each share of Merger Sub 1 Common Stock issued and outstanding immediately prior to the Merger 1 Effective Time shall automatically convert into one share of common stock of Merger 1 Surviving Corporation and constitute the only issued and outstanding capital stock of Merger 1 Surviving Corporation. As of the Merger 1 Effective Time, each holder of Merger Sub 1 Common Stock shall cease to have any other rights in and to Merger Sub 1.
Merger Sub 1 Common Stock. Each share of Merger Sub 1 Common Stock issued and outstanding immediately prior to the First Effective Time shall automatically be converted into and become one fully-paid and non-assessable share of common stock, par value $0.01 per share, of the Surviving Corporation.
