Common use of Stock of Merger Sub Clause in Contracts

Stock of Merger Sub. Each share of the common stock, $0.01 par value, of Merger Sub then outstanding shall be converted into one validly issued, fully paid, and nonassessable share of common stock of the First Merger Surviving Corporation. Each stock certificate, if any, of Merger Sub evidencing ownership of any such shares shall, from and after the First Merger Effective Time, evidence ownership of such shares of capital stock of the First Merger Surviving Corporation;

Appears in 1 contract

Samples: Merger Agreement (Halifax Corp)

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Stock of Merger Sub. Each share of the common stock, $0.01 par value, of Merger Sub then issued and outstanding shall immediately prior to the Effective Time, shall, by virtue of the Merger and without any action on the part of the holder thereof, be converted automatically into and exchanged for one (1) validly issued, fully paid, paid and nonassessable share of common stock of the First Merger Surviving Corporation. Each stock certificate, if any, certificate representing any shares of Merger Sub evidencing ownership of any such shares shall, from and after the First Merger Effective Time, evidence shall continue to represent ownership of such shares of capital stock of the First Merger Surviving Corporation;.

Appears in 1 contract

Samples: Merger Agreement (Management Energy, Inc.)

Stock of Merger Sub. Each share of the common stock, $0.01 par value, of Merger Sub then outstanding shall be converted into one validly issued, fully paid, and nonassessable share of common stock of the First Merger Surviving Corporation. Each stock certificate, if any, of Merger Sub evidencing ownership of any such shares shall, from and after the First Merger Effective Time, evidence ownership of such shares of capital stock of the First Merger Surviving Corporation;.

Appears in 1 contract

Samples: Merger Agreement (Icad Inc)

Stock of Merger Sub. Each share of common stock, $0.01 par value, ------------------- of Merger Sub issued and outstanding immediately prior to the Effective Time, shall, by virtue of the Merger and without any action on the part of the holder thereof, be converted automatically into and exchanged for one (1) validly issued, fully paid and nonassessable share of common stock, $0.01 par value, of Merger Sub then outstanding shall be converted into one validly issued, fully paid, and nonassessable share of common stock of the First Merger Surviving Corporation. Each stock certificate, if any, certificate representing any shares of Merger Sub evidencing ownership of any such shares shall, from and after the First Merger Effective Time, evidence shall continue to represent ownership of such shares of capital stock of the First Merger Surviving Corporation;.

Appears in 1 contract

Samples: Merger Agreement (Blue Wave Systems Inc)

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Stock of Merger Sub. Each share of the common stockCommon Stock, par value $0.01 par value.01 per share, of Merger Sub then issued and outstanding immediately prior to the Effective Time shall be converted into and become one validly issued, fully paid, and nonassessable share of common stock of the First Merger Surviving Corporation. Each stock certificateCorporation with the same rights, if any, of Merger Sub evidencing ownership of any such powers and privileges as the shares shall, from so converted and after shall constitute the First Merger Effective Time, evidence ownership of such only outstanding shares of capital stock of the First Merger Surviving Corporation;.

Appears in 1 contract

Samples: Merger Agreement (Family Golf Centers Inc)

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