Common use of Second Merger Clause in Contracts

Second Merger. At the Second Effective Time, by virtue of the Second Merger and without any action on the part of the Surviving Corporation or Parent or the holders of any securities of the Surviving Corporation or Parent, each share of common stock, par value $0.001 per share, of the Surviving Corporation issued and outstanding immediately prior to the Second Effective Time shall no longer be outstanding and shall automatically be canceled and shall cease to exist without any consideration being payable therefor.

Appears in 6 contracts

Samples: Agreement and Plan of Merger (Portman Ridge Finance Corp), Agreement and Plan of Merger (Harvest Capital Credit Corp), Agreement and Plan of Merger (Alcentra Capital Corp)

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Second Merger. At the Second Effective Time, by virtue of the Second Merger and without any action on the part of the Surviving Corporation or Parent or the holders of any securities of the Surviving Corporation or Parent, each share of common stock, par value $0.001 0.01 per share, of the Surviving Corporation issued and outstanding immediately prior to the Second Effective Time shall no longer be outstanding and shall automatically be canceled and shall cease to exist without any consideration being payable therefor.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Barings BDC, Inc.), Agreement and Plan of Merger (Sierra Income Corp)

Second Merger. At the Second Effective Time, by virtue of the Second Merger and without any action on the part of the Surviving Corporation or Parent Merger Sub 2 or the holders of any securities of the Surviving Corporation or ParentMerger Sub 2, each share of common stock, par value $0.001 per share, stock of the Surviving Corporation issued and outstanding immediately prior to the Second Effective Time shall no longer be outstanding and shall automatically be canceled cancelled and shall cease to exist without any consideration being payable therefor.

Appears in 2 contracts

Samples: Agreement and Plan of Merger, Agreement and Plan of Merger (Tempur Sealy International, Inc.)

Second Merger. At the Second Effective Time, by virtue of the Second Merger and without any action on the part of the Surviving Corporation or Parent Acquisition Sub 2 or the holders of any securities of the Surviving Corporation or ParentAcquisition Sub 2, each share of common stock, par value $0.001 per share, of the Surviving Corporation issued and outstanding immediately prior to the Second Effective Time shall no longer be outstanding and shall automatically be canceled and shall cease to exist without any consideration being payable therefor.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Crescent Capital BDC, Inc.)

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Second Merger. At the Second Merger Effective Time, by virtue of the Second Merger and without any action on the part of the Surviving Corporation Company or Parent or the holders of any securities of the Surviving Corporation Company or Parent, each share of common stock, par value $0.001 per share, of the Surviving Corporation Company issued and outstanding immediately prior to the Second Merger Effective Time shall no longer be outstanding and shall automatically be canceled cancelled and shall cease to exist without any consideration being payable therefor.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Garrison Capital Inc.)

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