Common use of Additional Rights; Taking of Necessary Action; Further Action Clause in Contracts

Additional Rights; Taking of Necessary Action; Further Action. Each of Acquiror, Sub, Sky King and Sky King Shareholders, respectively, shall use their best efforts to take all such action as may be necessary and appropriate to effectuate the Merger under the CBCA and DGCL as promptly as possible, including, without limitation, the filing of the Certificate of Merger and the Articles of Merger consistent with the terms of this Agreement. If at any time after the Effective Time, any further action is necessary or desirable to carry out the purposes of this Agreement and to vest in Sub as the Surviving Corporation full right, title and possession to all assets, property, rights, privileges, powers and franchises of Sky King, the officers of such corporations are fully authorized in the name of their corporations or otherwise, and notwithstanding the Merger, to take, and shall take, all lawful and necessary action.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Moran Frederick W), Agreement and Plan of Merger (VDC Corp LTD), Agreement and Plan of Merger (Moran Frederick A)

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Additional Rights; Taking of Necessary Action; Further Action. Each of Acquiror, Sub, Sky King Osage and Sky King Osage Shareholders, respectively, shall use their best efforts to take all such action as may be necessary and appropriate to effectuate the Merger under the CBCA ABCA and DGCL as promptly as possible, including, without limitation, the filing of the Certificate of Merger and the Articles of Merger consistent with the terms of this Agreement. If at any time after the Effective Time, any further action is necessary or desirable to carry out the purposes of this Agreement and to vest in Sub as the Surviving Corporation full right, title and possession to all assets, property, rights, privileges, powers and franchises of Sky KingOsage, the officers of such corporations are fully authorized in the name of their corporations or otherwise, and notwithstanding the Merger, to take, and shall take, all lawful and necessary action.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Pacific Rim Entertainment Inc)

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