Examples of Effective Time of Merger in a sentence
The date and time on which the Merger shall become effective is referred to in this Agreement as the "Effective Time of Merger".
Each stock certificate of Merger Sub I evidencing ownership of any such shares shall, as of the Effective Time of Merger I, evidence ownership of such shares of Common Stock of Surviving Entity I.
The duly qualified and acting directors and officers of Acquisition immediately prior to the Effective Time of Merger shall be the directors and officers of the Surviving Corporation, to hold office as provided in the Bylaws of the Surviving Corporation.
Merger Sub II has not conducted any business prior to the date hereof and has no, and prior to the Effective Time of Merger II will have no, assets, liabilities or obligations of any nature other than those incident to its formation and pursuant to this Agreement and Merger II and the other transactions contemplated by this Agreement.
Merger Sub I has not conducted any business prior to the date hereof and has no, and prior to the Effective Time of Merger I will have no, assets, liabilities or obligations of any nature other than those incident to its formation and pursuant to this Agreement and Merger I and the other transactions contemplated by this Agreement.
If the Effective Time of Merger has not occurred on or prior to January 1, 2001, then this Plan will become void and of no force and effect.
This Agreement shall only be effective upon the Effective Time of Merger 1 and shall automatically terminate in the event of the termination of the Merger Agreement for any reason.
At the Effective Time of Merger A, the 100 shares of Newco Class A Common Stock issued to each of Xxxxxxx and WPHI pursuant to Section 2.1 shall be redeemed by Newco and cease to be outstanding in consideration of a $100 payment by Newco to each of Xxxxxxx and WPHI.
At the Effective Time of Merger A, each share of the common stock of Merger Sub outstanding immediately prior to the Effective Time shall be converted into and shall become one share of common stock of the surviving corporation of Merger A.
The duly qualified and acting directors of Acquisition immediately prior to the Effective Time of Merger shall be the directors of the Surviving Corporation, to hold office as provided in the Bylaws of the Surviving Corporation.