Examples of Operating Company Merger in a sentence
Prior to the Operating Company Merger, the Company had accounted for its 9.5% non-voting interest in Operating Company under the cost method of accounting.
As a result of the Operating Company Merger, the separate corporate existence of Loews shall cease and AMCE shall continue as the surviving corporation of the Operating Company Merger.
Upon consummation of the Operating Company Merger, the Certificate of Incorporation, Bylaws, directors and officers of AMCE, as the surviving corporation of the Operating Company Merger, shall be the Certificate of Incorporation, Bylaws, directors and officers of AMCE in effect or in office, as applicable, immediately prior to the Operating Company Merger.
Additional terms and conditions relating to this RFP are provided in Annexes A and B.
The Operating Company Merger will have the effects provided in the applicable provisions of the DGCL.
Each share of AMCE Common Stock issued and outstanding immediately prior to the consummation of the Operating Company Merger shall remain issued and outstanding and unchanged as a validly issued, fully paid and nonassessable share of AMCE Common Stock.
Without limiting the generality of the foregoing, upon consummation of the Operating Company Merger, all the property, rights, privileges, powers and franchises of Loews and AMCE shall vest in AMCE, and all debts, liabilities and duties of Loews and AMCE shall become the debts, liabilities and duties of AMCE.
The Surviving Corporation shall cause AMCE to cause the Operating Company Merger to be consummated by filing a certificate of merger relating to the Operating Company Merger with the Secretary of State of the State of Delaware, in such form as required by, and executed in accordance with, the relevant provisions of, the DGCL.
The managing member of the Operating Company immediately prior to the Operating Company Merger Effective Time shall be the managing member of the Surviving Operating Company following the Operating Company Merger Effective Time.
Specific attention is paid to the adequacy of provisions for the life business.