Common use of Merger Sub Stock Clause in Contracts

Merger Sub Stock. Upon the consummation of the Merger, each common share of Merger Sub outstanding immediately prior to the consummation of the Merger shall automatically be converted into and become one common share of the Surviving Corporation, and each certificate representing such common shares of Merger Sub shall, without any action on the part of the holder thereof, be deemed to represent the same number of common shares of the Surviving Corporation.

Appears in 7 contracts

Samples: Agreement of Merger (First Advantage Corp), Agreement of Merger (First Advantage Corp), Agreement of Merger (Us Search Corp Com)

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Merger Sub Stock. Upon the consummation of the Merger, each Each common share of Merger Sub outstanding immediately prior to the consummation of the Merger Effective Time shall automatically be converted into and become one (1) common share of the Surviving Corporation, and each certificate representing such common shares of Merger Sub shall, without any action on the part of the holder thereof, be deemed to represent Corporation with the same number of common rights, powers and privileges as the shares of the Surviving Corporationso converted.

Appears in 1 contract

Samples: Agreement and Plan of Merger (HASCO Medical, Inc.)

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