Capital Stock of the Surviving Corporation Sample Clauses

Capital Stock of the Surviving Corporation. Each share of Surviving Corporation Stock issued and outstanding immediately prior to the Company LLC Sub Merger Effective Time shall cease to be outstanding and shall automatically be cancelled and cease to exist at the Company LLC Sub Merger Effective Time. Each holder of a share of Surviving Corporation Stock that was outstanding immediately prior to the Company LLC Sub Merger Effective Time shall cease to have any rights with respect thereto.
Capital Stock of the Surviving Corporation. Each share of common stock, par value $0.001, of the Second HoldCo Merger Surviving Corporation issued and outstanding immediately prior to the Second Company Merger Effective Time shall remain issued and outstanding immediately after the Second Company Merger Effective Time. -12-
Capital Stock of the Surviving Corporation. The authorized number of shares of capital stock of the Surviving Corporation, and the par value, designations, preferences, rights, and limitations thereof, and the express terms thereof, shall be as set forth in the Articles of Incorporation of the Surviving Corporation.
Capital Stock of the Surviving Corporation. 2.1 Stock of Subsidiary. The shares of common stock of Subsidiary issued and outstanding immediately prior to the Effective Date shall thereupon be converted into and exchanged by Holding Company for 100 shares of fully paid common stock of Bank as the Surviving Corporation. 2.2 Stock of California United Bank. All shares of common stock of Bank issued and outstanding immediately prior to the Effective Date shall upon the Effective Date, by virtue of the merger and without any action on the part of the holders thereof, be exchanged for and converted into an equal number of shares of fully paid and nonassessable common stock of Holding Company. 2.3 Exchange of Stock. Upon the merger becoming effective:
Capital Stock of the Surviving Corporation. Each share of Common Stock of Bank ("Bank Common Stock") issued and outstanding immediately prior to the Effective Time shall not be affected by virtue of the Merger but shall continue immediately after the Effective Time to constitute one share of Bank Common Stock.
Capital Stock of the Surviving Corporation. Each share of Merger Sub's common stock, no par value, outstanding immediately prior to the Effective Time shall be converted into one share of common stock of the Surviving Corporation. -2- 4
Capital Stock of the Surviving Corporation. The authorized number and par value of shares of all classes of capital stock of Newco immediately prior to the Closing shall be the authorized number and par value of shares of the classes of capital stock of the Surviving Corporation from and after the Closing.
Capital Stock of the Surviving Corporation