Common use of Share Capital of Merger Sub Clause in Contracts

Share Capital of Merger Sub. Each ordinary share of Merger Sub issued and outstanding immediately prior to the Effective Time shall be converted into and become one fully paid and nonassessable ordinary share, par value one Israeli Agorot (NIS 0.01) per share, of the Surviving Corporation as shall be issued and outstanding as of the Effective Time and such ordinary shares shall constitute the only outstanding shares of the Surviving Corporation.

Appears in 2 contracts

Samples: Merger Agreement (Avaya Inc), Merger Agreement (Radvision LTD)

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Share Capital of Merger Sub. Each ordinary share share, par value one Israeli Agora (NIS 0.1) per share, of Merger Sub issued and outstanding immediately prior to the Effective Time shall be automatically and without further action converted into and become one validly issued, fully paid and nonassessable ordinary share, par value one Israeli Agorot Agora (NIS 0.010.1) per share, of the Surviving Corporation as shall be issued and outstanding as of the Effective Time Company and such ordinary shares shall constitute the only outstanding share capital of the Surviving Company. Each certificate evidencing ownership of such shares of Merger Sub immediately prior to the Effective Time shall, as of the Effective Time, evidence ownership of such shares of the Surviving CorporationCompany.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Lumenis LTD), Agreement and Plan of Merger (Lumenis LTD)

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Share Capital of Merger Sub. Each ordinary share of Merger Sub issued and outstanding immediately prior to the Effective Time shall be converted into and become one fully paid and nonassessable non-assessable ordinary share, par value one Israeli Agorot Agora (NIS 0.01) per share, of the Surviving Corporation as shall be issued and outstanding as of the Effective Time and such ordinary shares shall constitute the only outstanding shares of the Surviving CorporationTime.

Appears in 1 contract

Samples: Share Exchange Agreement (Intellisense Solutions Inc.)

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