Common use of Share Capital of Merger Sub Clause in Contracts

Share Capital of Merger Sub. Each share of Merger Sub that is issued and outstanding immediately prior to the Effective Time will, by virtue of the Acquisition Merger and without further action on the part of the sole shareholder of Merger Sub, be converted into and become one ordinary share of the Surviving Corporation (and such share of the Surviving Corporation into which the one Merger Sub Ordinary Share is so converted shall be the only share of the Surviving Corporation that is issued and outstanding immediately after the Effective Time). Each certificate evidencing ownership of Merger Sub Ordinary Shares will, as of the Effective Time, evidence ownership of such share(s) of ordinary shares of the Surviving Corporation.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Kairous Acquisition Corp. LTD), Agreement and Plan of Merger (Kairous Acquisition Corp. LTD), Agreement and Plan of Merger (Arisz Acquisition Corp.)

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Share Capital of Merger Sub. Each share of Merger Sub Ordinary Share that is issued and outstanding immediately prior to the Effective Time will, by virtue of the Acquisition Merger and without further action on the part of the sole shareholder of Merger Sub, be converted into and become one ordinary share of the Surviving Corporation (and such share of the Surviving Corporation into which the one Merger Sub Ordinary Share is so converted shall be the only share of the Surviving Corporation that is issued and outstanding immediately after the Effective Time). Each certificate evidencing ownership of Merger Sub Ordinary Shares will, as of the Effective Time, evidence ownership of such share(s) of ordinary shares of the Surviving Corporation.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Nova Vision Acquisition Corp)

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Share Capital of Merger Sub. Each share of Merger Sub Ordinary Share that is issued and outstanding immediately prior to the Effective Time willshall, by virtue of the Acquisition Merger and without further action on the part of the sole shareholder of Merger Sub, be converted into and become one ordinary share of the Surviving Corporation Company (and such share ordinary shares of the Surviving Corporation Company into which the one Merger Sub Ordinary Share is Shares are so converted shall be constitute the only issued and outstanding share capital of the Surviving Corporation Company that is issued and outstanding immediately after the Effective Time). Each certificate evidencing ownership of Merger Sub Ordinary Shares will, as of the Effective Time, evidence ownership of such share(s) of such ordinary shares share of the Surviving CorporationCompany.

Appears in 1 contract

Samples: Agreement and Plan of Merger (TMT Acquisition Corp.)

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