Other Effects of Merger. Upon and after the Effective Date, title to all property owned by each of the Company and Newco shall vest in the Surviving Corporation without reversion or impairment, and the Surviving Corporation shall automatically have all of the liabilities of each of the Company and Newco. The Merger shall have all further effects as specified in the applicable provisions of the OBCA.
Appears in 2 contracts
Samples: Merger Agreement (Blue Earth, Inc.), Merger Agreement (Blue Earth, Inc.)
Other Effects of Merger. Upon At and after the Effective Date, title to all property owned by each of the Company and Newco the Buyer shall vest in the Surviving Corporation Company without reversion or impairment, and the Surviving Corporation Company shall automatically have all of the liabilities of each of the Company and Newcothe Buyer. The Merger shall have all further effects as specified in the applicable provisions of the OBCAOBC.
Appears in 2 contracts
Samples: Merger Agreement (Blue Earth, Inc.), Merger Agreement (Blue Earth, Inc.)
