The Amalgamation. Upon the terms and subject to the conditions set forth in this Agreement and in the Amalgamation Agreement, and in accordance with applicable provisions of the Companies Act, at the Effective Time, Amalgamation Sub and the Company shall amalgamate and the Company and Amalgamation Sub shall continue as one company as a result of the Amalgamation.
Appears in 2 contracts
Samples: Transaction Agreement and Plan of Amalgamation, Transaction Agreement and Plan of Amalgamation (Bank of Bermuda LTD)
The Amalgamation. Upon the terms and subject to the conditions set forth in this Agreement and in the Amalgamation Agreement, and in accordance with applicable provisions of the Companies Act, at the Effective TimeTime (as defined in Section. 2,03), Amalgamation Sub and shall be amalgamated with the Company shall amalgamate in accordance with the Companies Act and this Agreement. As a result of the Amalgamation, the amalgamation of the Company and Amalgamation Sub and their continuance as the Amalgamated Company shall continue as one company as a result become effective under the provisions of the AmalgamationCompanies Act and of this Agreement.
Appears in 1 contract
Samples: Agreement and Plan of Amalgamation (Videsh Sanchar Nigam LTD)
The Amalgamation. Upon the terms and subject to the conditions set forth in this Agreement and in the Amalgamation Agreement, and in accordance with applicable provisions of the Companies Act, at the Effective TimeTime (as defined in Section 2.03), Amalgamation Sub and shall be amalgamated with the Company shall amalgamate in accordance with the Companies Act and this Agreement. As a result of the Amalgamation, the amalgamation of the Company and Amalgamation Sub and their continuance as the Amalgamated Company shall continue as one company as a result become effective under the provisions of the AmalgamationCompanies Act and of this Agreement.
Appears in 1 contract
Samples: Agreement and Plan of Amalgamation (Teleglobe International Holdings LTD)