Examples of Second Blocker Merger in a sentence
The Second Blocker Merger shall be evidenced by a Certificate of Merger between Blocker Merger Sub II and Pacer X.X. Xxxxxxx in substantially the form of Annex E (“Certificate of Merger II”).
As a result of the Second Blocker Merger, the separate limited liability company existence of Blocker Merger Sub II shall cease, and Pacer X.X. Xxxxxxx shall continue as the surviving company and as a wholly owned subsidiary of Surviving Pubco (sometimes referred to, in such capacity, as the “Surviving Pacer X.X. Xxxxxxx” and together with the Surviving Pacer Corp.
As a result of the Second Blocker Merger, First Blocker Merger Surviving Company shall cease to exist and Merger Sub 2 shall continue as the surviving company of the Second Blocker Merger (the “Second Blocker Merger Surviving Company”) and a wholly owned subsidiary of Parent.
The Second Blocker Merger Effective Time shall occur following the First Blocker Merger Effective Time.
At the Blocker Mergers Effective Time, by virtue of the First Blocker Merger and the Second Blocker Merger and without any action on the part of the HTP Parties, or any Blocker Owner, each Blocker Equity Interest that is issued and outstanding immediately prior to the Effective Time shall automatically be converted into and become the right to receive the Per Blocker Equity Interest Merger Consideration applicable to such Blocker.
Without limiting the generality of the foregoing, and subject thereto, at the Second Blocker Merger Effective Time, all the rights, privileges, powers, and franchises of and all property, real, personal and mixed, and all debts due to each of First Blocker Merger Surviving Company and Merger Sub 2 shall be vested in the Second Blocker Merger Surviving Company.
Upon the terms and subject to the conditions set forth herein, and in accordance with the LLC Act, at the Blocker Mergers Effective Time, simultaneous with the First Blocker Merger and the Second Blocker Merger, GPI Blocker Merger Sub shall be merged with and into the GPI Blocker.
The limited liability company agreement of Merger Sub 2 in effect at the Second Blocker Merger Effective Time shall be the limited liability company agreement of the Second Blocker Merger Surviving Company until thereafter amended as provided by applicable Law and in accordance with the provisions of such limited liability company agreement.
The First Company Merger Effective Time shall occur following the Second Blocker Merger Effective Time.
Test stand results[13] suggest that very high power densities, up to at least 50 MW/m2, can be handled on capillary porous systems, albeit with high evaporation rates, and that high short-pulse heat loads up to at least 60 MJ/m2 can also be tolerated.