Common use of Stock of Merger Sub Clause in Contracts

Stock of Merger Sub. At the Effective Time, by virtue of the Merger and without any action on the part of any holder of shares of capital stock of Merger Sub, each issued and outstanding share of capital stock of Merger Sub shall be converted into and become one fully paid and nonassessable share of common stock, par value $0.001 per share, of the Surviving Corporation.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Decode Genetics Inc), Agreement and Plan of Merger (Lightspan Inc), Agreement and Plan of Merger (Plato Learning Inc)

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Stock of Merger Sub. At 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 any the holder of shares of capital stock of Merger Subthereof, each issued and outstanding share of capital stock of Merger Sub shall be converted automatically into and become exchanged for one (1) validly issued, fully paid and nonassessable share of common stock, par value $0.001 per sharepar value, of the Surviving Corporation. Each stock certificate representing any shares of Merger Sub shall continue to represent ownership of such shares of capital stock of the Surviving Corporation.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Usweb Corp), Agreement and Plan of Merger (Usweb Corp)

Stock of Merger Sub. At Each share of common stock, par value $.01 per share, of Merger Sub issued and outstanding immediately prior to the Effective TimeTime shall, by virtue of the Merger and without any action on the part of any holder of shares of capital stock of Merger SubMerger, each issued and outstanding share of capital stock of Merger Sub shall be converted into and become one duly authorized, validly issued, fully paid and nonassessable share of common stock, par value $0.001 .01 per share, of the Surviving CorporationCompany. Following the Effective Time, each certificate evidencing ownership of shares of Merger Sub common stock shall evidence ownership of such shares of the Surviving Company.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Concorde Career Colleges Inc)

Stock of Merger Sub. At 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 any the holder of shares of capital stock of Merger Subthereof, each issued and outstanding share of capital stock of Merger Sub shall be converted automatically into and become exchanged for one (1) validly issued, fully paid and nonassessable share of common stock, par value $0.001 per share, stock of the Surviving Corporation. Each stock certificate representing any shares of Merger Sub shall continue to represent ownership of such shares of capital stock of the Surviving Corporation.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Management Energy, Inc.)

Stock of Merger Sub. At 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 Surviving Corporation. Each stock certificate, if any, of Merger Sub evidencing ownership of any such shares shall, from and after the Effective Time, by virtue evidence ownership of the Merger and without any action on the part of any holder of such shares of capital stock of Merger Sub, each issued and outstanding share of capital stock of Merger Sub shall be converted into and become one fully paid and nonassessable share of common stock, par value $0.001 per share, of the Surviving Corporation.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Icad Inc)

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Stock of Merger Sub. At the Effective Time, each share of the common stock, par value $0.01 per share, of the Merger Sub (“Merger Sub Stock”) issued and outstanding immediately prior to the Effective Time shall, by virtue of the Merger and without any action on the part of any the holder of shares of capital stock of Merger Subthereof, each issued and outstanding share of capital stock of Merger Sub shall be converted into and become one validly issued, fully paid and nonassessable share of common stock, $0.002 par value $0.001 per share, of the Surviving Corporation.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Caci International Inc /De/)

Stock of Merger Sub. At the Effective Time, each share of the Common Stock, par value $.001 per share, of Merger Sub ("Merger Sub Stock") issued and outstanding immediately prior to the Effective Time shall, by virtue of the Merger and without any action on the part of any the holder of shares of capital stock of Merger Subthereof, each issued and outstanding share of capital stock of Merger Sub shall be converted into and become one validly issued, fully paid and nonassessable share of common stockCommon Stock, par value $0.001 .001 per share, of the Surviving Corporation.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Mro Software Inc)

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