Common use of Status of Sub Shares Clause in Contracts

Status of Sub Shares. At the Effective Time, by virtue of the Merger and without any action on the part of any holder of any membership interest of Sub, each issued and outstanding interest of Sub shall continue unchanged and remain outstanding as a share of common stock of the Surviving Company.

Appears in 4 contracts

Samples: Agreement and Plan of Reorganization (VCG Holding Corp), Confidential Treatment (VCG Holding Corp), Agreement of Merger (VCG Holding Corp)

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Status of Sub Shares. At the Effective Time, by virtue of the Merger and without any action on the part of any holder of any membership interest capital stock of Sub, each issued and outstanding interest share of common stock of Sub shall continue unchanged and remain outstanding as a share of common stock of the Surviving CompanyCorporation.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Homeseekers Com Inc), Agreement and Plan of Reorganization (Halifax Corp), Agreement and Plan of Reorganization (Americabilia Com Inc)

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