Shareholder’s Rights upon Merger Sample Clauses

Shareholder’s Rights upon Merger. Upon consummation of the Merger, the Shareholders shall cease to have any rights with respect to the Company Shares and to the certificates, if any, which theretofore represented the Company Shares (the “Certificates”), and subject to applicable law and this Agreement, shall only have the right to receive their pro rata share of the Total Merger Consideration, including their pro rata share of the number of Thermal Tennis Shares into which the Company Shares have been converted pursuant to this Agreement and the Merger.
AutoNDA by SimpleDocs
Shareholder’s Rights upon Merger. Upon consummation of the Merger, the certificates which theretofore represented the Company Shares (the "Certificates") shall cease to represent any rights with respect thereto, and, subject to applicable Law (as defined below) and this Agreement, shall only represent the right to receive the Merger Consideration, including the amount of cash, if any, payable in lieu of fractional shares of Purchaser Stock into which the Company Shares have been converted pursuant to this Agreement.
Shareholder’s Rights upon Merger. 2.6 Upon consummation of the Merger each Telupay Shareholder shall, subject to applicable Laws and this Agreement, cease to have any rights with respect to any share certificate evidencing the Telupay Shareholder's title to one or more Telupay Shares, and to any Telupay Shares evidenced thereby, other than the right to receive a share certificate for I-Level Shares.
Shareholder’s Rights upon Merger. Upon consummation of -------------------------------- the Merger, the certificates which theretofore represented Target Shares (other than Dissenting Shares) (the "Certificates") shall cease to ------------ represent any rights with respect thereto, and, subject to applicable Law (as hereinafter defined) and this Agreement, the Certificates shall only represent the right to receive the Merger Consideration.
Shareholder’s Rights upon Merger. 2.4 Upon consummation of the Merger, each American Exploration Shareholder shall, subject to applicable Laws and this Agreement, cease to have any rights with respect to any share certificate evidencing the American Exploration Shareholder’s title to one or more American Exploration Shares, and to any American Exploration Shares evidenced thereby, other than the right to receive a share certificate for Mainland Shares.
Shareholder’s Rights upon Merger. 2.4 Upon consummation of the Merger,
Shareholder’s Rights upon Merger. Upon consummation of the Merger, the Shareholders shall cease to have any rights with respect to the certificates which theretofore represented shares of Company Shares (the "Certificates"), and, subject to applicable law and this Agreement, shall only have the right to receive their pro rata share of the Total Merger Consideration, including their pro rata share of the number of AirWare International Shares into which the Company Shares have been converted pursuant to this Agreement and the Merger. As a result of the transaction, the Shareholders will have voting control of AirWare International.
AutoNDA by SimpleDocs
Shareholder’s Rights upon Merger. 2.4 Upon consummation of the Merger each Concentric Shareholder shall, subject to applicable Laws and this Agreement, cease to have any rights with respect to any share certificate evidencing the Concentric Shareholder's title to one or more Concentric Shares, and to any Concentric Shares evidenced thereby, other than the right to receive a share certificate for UEC Shares.
Shareholder’s Rights upon Merger. Upon consummation of the Merger, the -------------------------------- holders of all certificates which theretofore represented PRG Stock shall cease to have any rights with respect thereto, and, subject to applicable law, shall only have the right to receive the number of shares of Signature Stock into which their Shares have been converted pursuant to this Agreement and the Merger. At the Effective Time, the outstanding shares of capital stock of PAC shall be canceled.
Shareholder’s Rights upon Merger. Upon consummation of the Merger, the holders of certificates which theretofore represented shares of Xxxxx Stock (the "CERTIFICATES") shall cease to have any rights with respect thereto, and, subject to applicable law and this Agreement, shall only have the right to receive the number of shares of Company Stock into which their shares of Xxxxx Stock have been converted pursuant to this Agreement and the Merger.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!