Common use of Organization of Merger Sub Clause in Contracts

Organization of Merger Sub. The authorized capital stock of Merger Sub consists of 1,000 shares of common stock, par value $1.00 per share, all of which are issued and outstanding. All the issued and outstanding capital stock of Merger Sub is owned by HCCH. Merger Sub has not conducted any business prior to the date hereof and has no assets, liabilities or obligations of any nature other than those incident to its formation and pursuant to this Agreement.

Appears in 3 contracts

Samples: Merger Agreement (HCC Insurance Holdings Inc/De/), Agreement and Plan of Reorganization (HCC Insurance Holdings Inc/De/), Merger Agreement (HCC Insurance Holdings Inc/De/)

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Organization of Merger Sub. The authorized capital stock of Merger Sub consists of 1,000 shares of common stock, par value $1.00 .01 per share, all of which are issued and outstanding. All the issued and outstanding capital stock of Merger Sub is owned by HCCHParent. Merger Sub has not conducted any business prior to the date hereof and has no assets, liabilities or obligations of any nature other than those incident to its formation and pursuant to this Agreement.

Appears in 3 contracts

Samples: Merger Agreement (Magellan Technology Inc), Merger Agreement (Physician Reliance Network Inc), Merger Agreement (American Oncology Resources Inc /De/)

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