Merger definition
Examples of Merger in a sentence
The Merger Agreement further provides that EnLink and ONEOK will take any and all actions reasonably necessary to effectuate the above.
Parent shall cause Merger Sub and the Surviving Corporation, to comply with, duly perform, satisfy and discharge on a timely basis, all of their respective covenants, obligations and liabilities under this Agreement, and Parent shall be jointly and severally liable with the Surviving Corporation for the due and timely performance, satisfaction and discharge of each of the said covenants, obligations and liabilities.
Approval of the Merger Proposal requires the affirmative vote of holders of a majority of the outstanding EnLink Units entitled to vote on the proposal.
The vote or consent of the Guarantor, as the sole stockholder of Parent, is the only vote or consent of any holders of any securities of Parent necessary to approve this Agreement and the Merger and the other Transactions.
The Exchange Ratio is fixed (subject to adjustments in accordance with the terms of the Merger Agreement), which means that it will not change between now and the First Merger Effective Time, regardless of changes in the market price of ONEOK Common Stock and EnLink Units.