Terms of Merger. In accordance with the provisions of this Agreement and the requirements of applicable law, RTC shall be merged with and into Technologies as of the Effective Time (the terms “Closing” and Effective Time” are defined in Article 7 hereof). Technologies shall be the Surviving Corporation and the separate existence of RTC shall cease when the Merger shall become effective. Consummation of the Merger shall be upon the following terms and subject to the conditions set forth herein:
Appears in 2 contracts
Samples: Agreement and Plan of Reorganization (AE Biofuels, Inc.), Agreement and Plan of Reorganization (AE Biofuels, Inc.)
Terms of Merger. In accordance with the provisions of this Agreement and the requirements of applicable law, RTC shall be merged with and into Technologies AE as of the Effective Time (the terms “"Closing” " and "Effective Time” " are defined in Article 7 hereof). Technologies AE shall be the Surviving Corporation and the separate existence of RTC shall cease when the Merger shall become effective. Consummation of the Merger shall be upon the following terms and subject to the conditions set forth herein:
Appears in 2 contracts
Samples: Merger Agreement (AE Biofuels, Inc.), Merger Agreement (AE Biofuels, Inc.)
