Rights of Creditors. All rights of creditors against property, rights and assets of each of the Amalgamating Corporations and all liens upon their property, rights and assets shall be unimpaired by the Amalgamation and all debts, contracts, liabilities and duties of each of the Amalgamating Corporations shall thenceforth attach to Amalco and may be enforced against it.
Appears in 3 contracts
Samples: Acquisition Agreement (Repap Enterprises Inc), Acquisition Agreement (Upm Kymmene Corp), Acquisition Agreement (Upm Kymmene Corp)
Rights of Creditors. All rights of creditors against property, rights and assets of each of the Amalgamating Corporations parties hereto and all liens upon their property, rights and assets shall be unimpaired by the Amalgamation and all debts, contracts, liabilities and duties of each of the Amalgamating Corporations parties hereto shall thenceforth attach to Amalco and may be enforced against it.
Appears in 1 contract
