Rights of Certificate Holders. Upon conversion thereof in accordance with this Section 8, all shares of Predecessor Capital Stock shall no longer be outstanding and shall cease to exist, and each holder of a certificate representing any such shares except, in all cases, as set forth in Section 11 herein. In addition, each outstanding book-entry that, immediately prior to the Effective Time, evidenced shares of Predecessor Capital Stock shall, from and after the Effective Time, be deemed and treated for all corporate purposes to evidence the ownership of the same number of shares of Successor Capital Stock.
Appears in 11 contracts
Samples: Agreement and Plan of Merger (Ultimate Holdings Group, Inc.), Agreement and Plan of Merger (GPL Holdings, Inc.), Agreement and Plan of Merger (C2 Blockchain,Inc.)
Rights of Certificate Holders. Upon conversion thereof in accordance with this Section 86, all shares of Predecessor Capital Stock shall no longer be outstanding and shall cease to exist, and each holder of a certificate representing any such shares except, in all cases, as set forth in Section 11 9 herein. In addition, each outstanding book-entry that, immediately prior to the Effective Time, evidenced shares of Predecessor Capital Stock shall, from and after the Effective Time, be deemed and treated for all corporate purposes to evidence the ownership of the same number of shares of Successor Capital Stock.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Fast Lane Holdings, Inc.)
