Common use of Reincorporation Merger Clause in Contracts

Reincorporation Merger. At the Reincorporation Merger Effective Time, and subject to and upon the terms and conditions of this Agreement, and in accordance with the applicable provisions of the Cayman Companies Act, Parent shall be merged with and into Purchaser, the separate corporate existence of Parent shall cease and Purchaser shall continue as the surviving corporation. Purchaser as the surviving corporation after the Reincorporation Merger is hereinafter sometimes referred to as the “Reincorporation Merger Surviving Corporation”.

Reincorporation Merger. At the Reincorporation Merger Effective Time, and subject to and upon the terms and conditions of this Agreement, and in accordance with the applicable provisions of the BVI Business Companies Act and the Cayman Companies Act, Parent shall be merged with and into PurchaserAcquirer, the separate corporate existence of Parent shall cease and Purchaser Acquirer shall continue as the surviving corporationcompany pursuant to the Reincorporation Merger. Purchaser Acquirer as the surviving corporation after company of the Reincorporation Merger is hereinafter sometimes referred to as the “Reincorporation Merger Surviving CorporationCompany”.

Reincorporation Merger. At the Reincorporation Merger Effective Time, and subject to and upon the terms and conditions of this Agreement, and in accordance with the applicable provisions of the laws of Cayman Companies ActLaw, the Parent shall be merged with and into the Purchaser, the separate corporate existence of Parent shall cease and Purchaser shall continue as the surviving corporation. Purchaser as the surviving corporation after the Reincorporation Merger is hereinafter sometimes referred to to, after the Reincorporation Effective Time, as the “Reincorporation Merger Surviving Corporation” or sometime is referred to, after the Effective Time, as the “PubCo.”.