Common use of Capital Stock of Sub Clause in Contracts

Capital Stock of Sub. At the Effective Time, each share of capital stock of Sub that is issued and outstanding immediately prior to the Effective Time shall, by virtue of the Merger and without further action on the part of the sole stockholder of Sub, be converted into and become one share of common stock of the Surviving Corporation (and the shares of common stock of the Surviving Corporation into which the shares of Sub capital stock are so converted shall be the only shares of the Surviving Corporation’s capital stock that are issued and outstanding immediately after the Effective Time). The certificate evidencing ownership of shares of Sub common stock will evidence ownership of the same number of shares of common stock of the Surviving Corporation.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Sourcefire Inc), Original Agreement (Acacia Communications, Inc.), Agreement and Plan of Merger (Acacia Communications, Inc.)

AutoNDA by SimpleDocs

Capital Stock of Sub. At the Effective Time, each Each share of capital stock of Sub that is issued and outstanding immediately prior to the Effective Time shall, by virtue of the Merger and without further action on the part of Acquiror, Sub, the Company or the sole stockholder of Sub, be converted into and become one share 100 shares of common stock of the Surviving Corporation (and the shares of common stock of the Surviving Corporation into which the shares of Sub capital stock are so converted shall be the only shares of the Surviving Corporation’s capital stock that are issued and outstanding immediately after the Effective Time). The Each certificate evidencing ownership of shares of Sub common stock will shall evidence ownership of the same number of such shares of common stock of the Surviving Corporation.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Affymetrix Inc), Agreement and Plan of Merger (Rosetta Stone Inc)

Capital Stock of Sub. At the Effective Time, each Each share of capital stock of Sub that is issued and outstanding immediately prior to the Effective Time shall, by virtue of the Merger and without further action on the part of Purchaser, Sub or the sole stockholder of SubCompany, be converted into and become one share 100 shares of common stock of the Surviving Corporation (and the shares of common stock of the Surviving Corporation into which the shares of Sub capital stock are so converted shall be the only shares of the Surviving Corporation’s capital stock that are issued and outstanding immediately after the Effective Time). The Each certificate evidencing ownership of shares of Sub common stock will shall evidence ownership of the same number of such shares of common stock of the Surviving Corporation.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Bone Biologics, Corp.)

AutoNDA by SimpleDocs

Capital Stock of Sub. At the Effective Time, each Each share of capital stock of Sub that is issued and outstanding immediately prior to the Effective Time shallwill, by virtue of the Merger and without further action on the part of the sole stockholder of Sub, be converted into and become one share of common stock of the Surviving Corporation (and the shares of common stock of the Surviving Corporation into which the shares of Sub capital stock are so converted shall be the only shares of the Surviving Corporation’s capital stock that are issued and outstanding immediately after the Effective Time). The Each certificate evidencing ownership of shares of Sub common stock will will, as of the Effective Time, evidence ownership of the same number of shares such share of common stock of the Surviving Corporation.

Appears in 1 contract

Samples: Merger Agreement (Aptalis Pharma Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.