Common use of RIGHTS AND INTERESTS Clause in Contracts

RIGHTS AND INTERESTS. At the Effective Time, the Surviving Corporation shall become the owner, by operation of law and without other transfer, of all the right, title and interest that Company Sub and RRI now have, or may have in the future, in and to all of their respective properties (both real and personal) and assets (both tangible and intangible) of every kind and nature whatsoever, whether choate or inchoate, now existing or arising in the future (the "Assets"). Xx the Effective Time, all rights, franchises, and interests of Company Sub and RRI in and to every type of intellectual property, including all of their respective trademarks, registrations, trademark applications, and goodwill associated therewith, shall be transferred to and vested in the Surviving Corporation by virtue of the Merger without any deed or other transfer. The Surviving Corporation at the Effective Time, and without any order or other action on the part of any court or otherwise, shall hold and enjoy all rights of property, franchises, and interests, including appointments, powers, designations, and nominations, and all other rights and interests as trustee, executor, administrator, agent, transfer agent, registrar of stocks and bonds, administrator of estates, assignee, and receiver, and in every other fiduciary and agency capacity in the same manner and to the same extent as such rights, franchises, and interests were held or enjoyed by the Company Sub and RRI, respectively, immediately prior to the Effective Time.

Appears in 2 contracts

Samples: Plan of Reorganization and Merger Agreement (P D C Innovative Industries Inc), Plan of Reorganization and Merger Agreement (P D C Innovative Industries Inc)

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RIGHTS AND INTERESTS. At the Effective Time, the Surviving Corporation shall become the owner, by operation of law and without other transfer, of all the right, title and interest that Company Sub and RRI now have, or may have in the future, in and to all of their respective properties (both real and personal) and assets (both tangible and intangible) of every kind and nature whatsoever, whether choate or inchoate, now existing or arising in the future (the "AssetsAssetx"). Xx Xt the Effective Time, all rights, franchises, and interests of Company Sub and RRI in and to every type of intellectual property, including all of their respective trademarks, registrations, trademark applications, and goodwill associated therewith, shall be transferred to and vested in the Surviving Corporation by virtue of the Merger without any deed or other transfer. The Surviving Corporation at the Effective Time, and without any order or other action on the part of any court or otherwise, shall hold and enjoy all rights of property, franchises, and interests, including appointments, powers, designations, and nominations, and all other rights and interests as trustee, executor, administrator, agent, transfer agent, registrar of stocks and bonds, administrator of estates, assignee, and receiver, and in every other fiduciary and agency capacity in the same manner and to the same extent as such rights, franchises, and interests were held or enjoyed by the Company Sub and RRI, respectively, immediately prior to the Effective Time.

Appears in 1 contract

Samples: Plan of Reorganization and Merger Agreement (P D C Innovative Industries Inc)

RIGHTS AND INTERESTS. At the Effective Time, the Surviving Corporation shall become the owner, by operation of law and without other transfer, of all the right, title and interest that Company Sub and RRI ICN now have, or may have in the future, in and to all of their respective properties (both real and personal) and assets (both tangible and intangible) of every kind and nature whatsoever, whether choate or inchoateinchoxxx, now xow existing or arising in the future (the "Assets"). Xx At the Effective Time, all rights, franchises, and interests of Company Sub and RRI ICN in and to every type of intellectual property, including all of their respective trademarks, registrations, trademark applications, and goodwill associated therewith, shall be transferred to and vested in the Surviving Corporation by virtue of the Merger without any deed or other transfer. The Surviving Corporation at the Effective Time, and without any order or other action on the part of any court or otherwise, shall hold and enjoy all rights of property, franchises, and interests, including appointments, powers, designations, and nominations, and all other rights and interests as trustee, executor, administrator, agent, transfer agent, registrar of stocks and bonds, administrator of estates, assignee, and receiver, and in every other fiduciary and agency capacity in the same manner and to the same extent as such rights, franchises, and interests were held or enjoyed by the Company Sub and RRIICN, respectively, immediately prior to the Effective Time.

Appears in 1 contract

Samples: Merger Agreement (Never Miss a Call Inc)

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RIGHTS AND INTERESTS. At the Effective Time, the Surviving Corporation shall become the owner, by operation of law and without other transfer, of all the right, title title, and interest that the Company Sub and RRI BWI now have, or may have in the future, in and to all of their respective properties (both real and personal) and assets (both tangible and intangible) of every kind and nature whatsoever, whether choate or inchoate, now existing xxx xxisting or arising in the future (the "Assets"). Xx At the Effective Time, all rights, franchises, and interests of the Company Sub and RRI BWI in and to every type of intellectual property, including all of their respective trademarks, registrations, trademark applications, and goodwill associated therewith, shall be transferred to and vested in the Surviving Corporation by virtue of the Merger without any deed or other transfer. The Surviving Corporation at the Effective Time, and without any order or other action on the part of any court or otherwise, shall hold and enjoy all rights of property, franchises, and interests, including appointments, powers, designations, and nominations, and all other rights and interests as trustee, executor, administrator, agent, transfer agent, registrar of stocks and bonds, administrator of estates, assignee, and receiver, and in every other fiduciary and agency capacity in the same manner and to the same extent as such rights, franchises, and interests were held or enjoyed by the Company Sub and RRIBWI, respectively, immediately prior to the Effective Time.

Appears in 1 contract

Samples: Merger Agreement (Newgold Inc)

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