Subsidiary Common Stock. Each share of capital stock of the Subsidiary issued and outstanding immediately prior to the Effective Time shall be converted into one fully paid and nonassessable share of common stock of the Surviving Corporation.
Appears in 4 contracts
Samples: Merger Agreement (Healthsouth Corp), Merger Agreement (Health Images Inc), Merger Agreement (Horizon CMS Healthcare Corp)
Subsidiary Common Stock. Each share of capital stock of the Subsidiary issued and outstanding immediately prior to the Effective Time of the Merger shall be converted into one fully paid issued and outstanding and nonassessable share of common stock Common Stock of the Surviving Corporation.
Appears in 2 contracts
Samples: Merger Agreement (America Service Group Inc /De), Merger Agreement (Medpartners Inc)
Subsidiary Common Stock. Each share of capital stock common stock, par value $.50 per share, of the Merger Subsidiary issued and (the "Subsidiary Common Stock") outstanding immediately prior to the Effective Time shall shall, by virtue of the Merger and without any action on the part of the holder thereof, be converted into and be one fully paid and nonassessable share of common stock the Common Stock of the Surviving Corporation.
Appears in 2 contracts
Samples: Merger Agreement (Mylan Laboratories Inc), Merger Agreement (Penederm Inc)
Subsidiary Common Stock. Each share of capital stock the common stock, ----------------------- no par value, of the Subsidiary issued and which is outstanding immediately prior to the Effective Time Date shall be converted converted, by virtue of the Merger and without any action on the part of any person or entity, into one fully paid and nonassessable (1) share of common stock Common Stock of the Surviving Corporation.
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