Common use of Transfer of Property and Liabilities Clause in Contracts

Transfer of Property and Liabilities. From and after the Amalgamation Date, the Parties shall be amalgamated and shall continue as one corporation without share capital, and the Amalgamated Corporation shall possess all of the property, rights, privileges, assets and franchises and shall be subject to all of the liabilities, contracts, disabilities and debts of each of the Parties.

Appears in 5 contracts

Samples: Amalgamation Agreement, Amalgamation Agreement, Amalgamation Agreement

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