Common use of Merger; Surviving Corporation Clause in Contracts

Merger; Surviving Corporation. In accordance with and subject to the provisions of this Agreement and the California Corporations Code ("CCC"), at the Effective Time, the Merger Sub shall be merged with and into the Company (the "Merger"), and the Company shall be the surviving corporation in the Merger (hereinafter sometimes called the "Surviving Corporation") and shall continue its corporate existence under the laws of the State of California. At the Effective Time, the separate existence of the Merger Sub shall cease. All properties, franchises and rights belonging to the Company and Merger Sub, by virtue of the Merger and without further act or deed, shall be vested in the Surviving Corporation, which shall thenceforth be responsible for all the liabilities and obligations of each of Merger Sub and the Company.

Appears in 4 contracts

Samples: Agreement and Plan of Merger (Imedia International Inc), Agreement and Plan of Merger Execution (Irvine Pacific Corp), Agreement and Plan of Merger (Spectre Industries Inc)

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Merger; Surviving Corporation. In accordance with and subject to the ----------------------------- provisions of this Agreement and the General Corporation Law of the State of California Corporations Code ("CCCCGCL"), at the Effective Time, the Merger Sub shall be merged with and into the Company (the "Merger"), and the Company shall be the surviving corporation in the Merger (hereinafter sometimes called the "Surviving Corporation") and shall continue its corporate existence under the laws of the State of California. At the Effective Time, the separate existence of the Merger Sub shall cease. All properties, franchises and rights belonging to the Company and Merger Sub, by virtue of the Merger and without further act or deed, shall be vested in the Surviving Corporation, which shall thenceforth be responsible for all the liabilities and obligations of each of Merger Sub and the Company.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Inforetech Wireless Technology Inc)

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Merger; Surviving Corporation. In accordance with and subject to the provisions of this Agreement and the California Corporations Code ("CCC"), at the Effective Time, the Merger Sub shall be merged with and into the Company (the "Merger"), and the Company shall be the surviving corporation in the Merger (hereinafter sometimes called the "Surviving Corporation") and shall continue its corporate existence under the laws of the State of California, and shall immediately effect a name change. At the Effective Time, the separate existence of the Merger Sub Company shall cease. All properties, franchises and rights belonging to the Company and Merger SubFxxxx, by virtue of the Merger and without further act or deed, shall be vested in the Surviving Corporation, which shall thenceforth be responsible for all the liabilities and obligations of each of Merger Sub Fxxxx and the Company. For avoidance of doubt, upon the Effective Time, the Company will become a wholly owned subsidiary of Fxxxx.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Feris International, Inc.)

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