The Share Exchange. On and subject to the terms and conditions of this Agreement, the Target will become a majority owned subsidiary of the Buyer (the "Share exchange") at the Effective Time. The Buyer shall be the corporation surviving the Share exchange (the "Surviving Corporation").
Appears in 2 contracts
Samples: Agreement and Plan of Share Exchange (Internet Multi-Media Corp), Agreement and Plan of Share Exchange (Internet Multi-Media Corp)
The Share Exchange. On and subject to the terms and conditions of this Agreement, the Target will become a majority wholly owned subsidiary of the Buyer (the "Share exchange") at the Effective Time. The Buyer shall be the corporation surviving the Share exchange (the "Surviving Corporation").
Appears in 1 contract
Samples: Agreement and Plan of Share Exchange (Innovative Technology Systems Inc/Fl)
The Share Exchange. On and subject to the terms and conditions of this Agreement, the Target will become a majority wholly owned subsidiary of the Buyer (the "Share exchange") at the Effective Time. The Buyer shall be the corporation surviving the Share exchange (the "Surviving Corporation").
Appears in 1 contract
Samples: GTM Holdings Inc