Sub Shares. At the Effective Time by virtue of the Merger, each issued and outstanding share of capital stock of Sub shall be converted into one validly issued, fully paid and nonassessable share of common stock, par value $.01 per share, of the Surviving Corporation.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Ryder TRS Inc), Agreement and Plan of Merger (Questor Partners Fund L P)
Sub Shares. At As of the Effective Time, each share of Common Stock of Sub that is issued and outstanding immediately prior to the Effective Time shall, by virtue of the MergerMerger and without any action on the part of NET, each issued and outstanding share of capital stock of Sub shall or FlowWise, be converted into one validly issued, fully paid and nonassessable share of common stock, par value $.01 per share, Common Stock of the Surviving Corporation.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Network Equipment Technologies Inc)
Sub Shares. At the Effective Time by virtue of the Merger, each issued and outstanding share of capital stock of Sub shall be converted into one validly issued, fully paid and nonassessable share of common stock, par value $.01 per share, of the Surviving Corporation. Section 3.3.
Appears in 1 contract
Samples: Iv 6 Agreement and Plan of Merger (Budget Group Inc)
