Examples of Merger Subsidiary II in a sentence
Subject to the provisions of this Agreement, promptly following the Effective Time, the Buyer, Merger Subsidiary II and the Company shall cause the Second Certificate of Merger to be executed, acknowledged and filed with the Secretary of State of the State of Delaware.
Concurrently with the execution and delivery of this Agreement, Parent is acquiring Cyber-Tech, Inc., a New Jersey corporation (the "Company") pursuant to the merger of the Company with and into MCNS Merger Subsidiary, II, Inc., a wholly-owned Subsidiary of Parent ("Subsidiary") pursuant to the terms and conditions of that certain Merger Agreement and Plan of Reorganization (the "Merger Agreement") dated __________, 1999, by and among Parent, Subsidiary, the Company, and the shareholders of the Company.
Merger Subsidiary II (a) is a limited liability company duly organized, validly existing and in good standing under the Laws of the state of Delaware, (b) is a disregarded entity for federal income Tax purposes and (c) will continue to be treated as a disregarded entity for federal income Tax purposes following the Closing and the Second Effective Time.
For example, on July 25, 2022, the Company entered into an Agreement and Plan of Merger by and among SomaLogic, Panther Merger Subsidiary I, LLC, (“Merger Sub I”), Panther Merger Subsidiary II, LLC, (“Merger Sub II” and, together with Merger Sub I, the “Merger Subs”), Palamedrix, Inc.
The managers and officers of Merger Subsidiary II immediately prior to the Second Effective Time shall be the managers and officers of the Surviving Entity, each to hold office in accordance with the provisions of the LLC Act and the certificate of formation and limited liability company agreement of the Surviving Entity.
The officers of Merger Subsidiary II immediately prior to the Second Effective Time shall be the initial officers of the Surviving Entity, each to hold office in accordance with the limited liability company agreement of the Surviving Entity.
The certificate of formation and limited liability company agreement of Merger Subsidiary II in effect immediately prior to the Second Effective Time shall be the certificate of formation and limited liability company agreement of the Surviving Entity unless and until amended in accordance with their terms and applicable law.
At the Second Effective Time, (i) each share of common stock of the Initial Surviving Corporation outstanding immediately prior to the Second Effective Time shall be converted into and become one unit of the Surviving Entity and shall constitute the only outstanding equity interests of the Surviving Entity and (ii) each unit of Merger Subsidiary II outstanding immediately prior to the Second Effective Time shall be cancelled.
The managers of Merger Subsidiary II immediately prior to the Second Effective Time shall be the sole managers of the Surviving Entity immediately after the Second Effective Time, each to hold office in accordance with the limited liability company agreement of the Surviving Entity.
The parent corporation of the Corporation is a party to that certain Merger Agreement and Plan of Reorganization, dated June __, 1999, among Cyber-Tech, Inc., a New Jersey corporation ("Cyber-Tech"), its shareholders, MCNS Merger Subsidiary II, Inc.