Newco Shares. As of the Effective Time, each share of capital stock of Newco issued and outstanding immediately prior to the Effective Time shall, without any action on the part of Newco, be converted on a one-for-one basis into shares of the corresponding class of capital stock of the Surviving Corporation.
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Samples: Merger Agreement (Sykes Enterprises Inc), Merger Agreement (Webmd Corp /New/), Merger Agreement (WebMD Health Corp.)
Newco Shares. As of the Effective Time, each share of capital stock of Newco issued and outstanding immediately prior to the Effective Time shall, without any action on the part of Newco, be converted on a one-for-into one basis into shares share of the corresponding class of capital common stock of the Surviving Corporation.
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Newco Shares. As of At the Effective Time, each share of capital stock of Newco issued and then outstanding immediately prior to the Effective Time shall, by virtue of the Merger and without any further action on the part of Newcothe holder thereof, be converted on a one-for-into and thereafter shall constitute one basis into shares share of the corresponding class of capital common stock of the Surviving Corporation.
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Newco Shares. As of the Effective Time, each share of capital stock of Newco issued and outstanding immediately prior to the Effective Time shall, without any action on shall remain unaffected and be the part of Newco, be converted on a one-for-one basis into shares of the corresponding class of outstanding capital stock of the Surviving Corporation.
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Newco Shares. As of the Effective Time, each share of capital stock of Newco issued and outstanding immediately prior to the Effective Time shall, by virtue of the Merger and without any action on the part of NewcoNewco or any other party hereto, be converted on a one-for-one basis into shares of the corresponding class of capital stock of the Surviving Corporation.
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Newco Shares. As of the Effective Time, each share of capital stock of Newco issued and outstanding immediately prior to the Effective Time shall, without any action on the part of Newco, be converted on a an one-for-one basis into shares of the corresponding class of capital stock of the Surviving Corporation.
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