Common use of Terms of the Merger Clause in Contracts

Terms of the Merger. Upon the execution and delivery of this Agreement and the effectiveness of the Merger, each share then issued and outstanding by Target by virtue of the Merger and without any action on the part of the holder(s) thereof, shall no longer be outstanding and shall be canceled and retired and cease to exist. All the Target shares shall be converted into a right to receive, upon surrender of the certificate representing such share, the consideration set forth under paragraph 1.03 hereof.

Terms of the Merger. Upon the execution and delivery of this Agreement and the effectiveness of the Merger, each share then issued and outstanding by Target by virtue of the Merger and without any action on the part of the holder(s) thereof, shall no longer be outstanding and shall be canceled and retired and cease to exist. All the , other than one share of Target, which shall be owned by Public Corporation, and all other Target shares shall be converted into a the right to receive, upon surrender of the certificate representing such shareshares, the consideration set forth under paragraph 1.03 hereof.

Terms of the Merger. Upon the execution and delivery of this Agreement and the effectiveness of the Merger, each share of stock then issued and outstanding by Acquiring Corporation and Target shall, by virtue of the Merger and without any action on the part of the holder(s) thereof, shall no longer be outstanding and shall be canceled and retired and cease to exist. All the , other than one share of Target, which shall be owned by Public Corporation, and all other Target shares shall be converted into a the right to receive, upon surrender of the certificate representing such shareshares, the consideration set forth under paragraph 1.03 hereof.

Terms of the Merger. Upon the execution and delivery of this Agreement and the effectiveness of the Merger, each share of stock then issued and outstanding by Target by virtue of the Merger and without any action on the part of the holder(s) thereof, shall no longer be outstanding and shall be canceled and retired and cease to exist. All the , other than one share of Target's subsidiary, which shall be owned by Public Corporation, and all other Target shares shall be converted into a the right to receive, upon surrender of the certificate representing such shareshares, the consideration set forth under paragraph 1.03 hereof.

Terms of the Merger. Upon the execution and delivery of this Agreement and the effectiveness of the Merger, each share then issued and outstanding by Target by virtue of the Merger and without any action on the part of the holder(s) thereof, shall no longer be outstanding and shall be canceled and retired and cease to exist. All the , other than one member interest of Target, which shall be owned by Public Corporation, and all other Target shares share shall be converted into a the right to receive, upon surrender of the certificate representing such share, the consideration set forth under paragraph 1.03 hereof.