Common use of Effects Clause in Contracts

Effects. The Merger shall have the effects set forth in Section 259 of the DGCL. In accordance with the DGCL, all of the rights, privileges, property, powers and franchises of the Company and Sub shall vest in the Surviving Corporation, and all of the debts, liabilities and duties of the Company and Sub shall become the debts, liabilities and duties of the Surviving Corporation.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Reliance Steel & Aluminum Co), Agreement and Plan of Merger (Reliance Steel & Aluminum Co), Agreement and Plan of Merger (Jorgensen Earle M Co /De/)

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Effects. The Merger shall have the effects set forth in Section 259 this Agreement and the applicable provisions of the DGCL. In accordance with Without limiting the DGCLgenerality of the foregoing, and subject thereto, at the Effective Time, all of the properties, rights, privileges, property, powers and franchises of the Company and Merger Sub shall vest in the Surviving CorporationCompany, and all of the debts, liabilities and duties of the Company and Merger Sub shall become the debts, liabilities and duties of the Surviving CorporationCompany.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Madison Square Garden Entertainment Corp.), Agreement and Plan of Merger (Solarcity Corp)

Effects. The Merger shall have the effects on the Company and Acquirer as set forth in Section 259 of the DGCL. In accordance with the DGCL, all including in Section 259 thereof. Without limiting the generality of the foregoing, and subject thereto, at the Effective Time all the property, rights, privileges, property, powers and franchises of the Company and Sub Acquirer shall vest in the Surviving Corporation, and all of the debts, liabilities and duties of the Company and Sub Acquirer shall become the debts, liabilities and duties of the Surviving Corporation.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Home Products International Inc), Agreement and Plan of Merger (Tennant James R)

Effects. The Merger shall have the effects set forth in Section 259 this Agreement and the applicable provisions of the DGCLDGCL and the DLLCA. In accordance with Without limiting the DGCLgenerality of the foregoing, and subject thereto, at the Effective Time, all of the properties, rights, privileges, property, powers and franchises of the Company and Merger Sub shall vest in the Surviving CorporationCompany, and all of the debts, liabilities and duties of the Company and Merger Sub shall become the debts, liabilities and duties of the Surviving CorporationCompany.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Jefferies Financial Group Inc.), Agreement and Plan of Merger (Homefed Corp)

Effects. The Merger shall have the effects set forth in Section 259 of the DGCL. In accordance with Without limiting the DGCLgenerality of the foregoing, and subject thereto, at the Effective Time, all of the assets, property, rights, privileges, propertyimmunities, powers and franchises of the Company and Merger Sub shall vest in the Surviving Corporation, and all of the debts, liabilities and duties of the Company and Merger Sub shall become the debts, liabilities and duties of the Surviving Corporation.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Sand Hill It Security Acquisition Corp), Agreement and Plan of Merger (Sand Hill It Security Acquisition Corp)

Effects. The Merger shall have the effects set forth herein and in Section 259 of the DGCL. In accordance with Without limiting the DGCLgenerality of the foregoing and subject thereto, at the Effective Time, all of the property, rights, privileges, propertyimmunities, powers and franchises of the Company and Merger Sub shall vest in the Surviving Corporation, Corporation and all of the debts, liabilities and duties of the Company and Merger Sub shall become the debts, liabilities and duties of the Surviving Corporation.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Arbitron Inc), Agreement and Plan of Merger (Nielsen Holdings N.V.)

Effects. The Merger shall have the effects set forth in Section 259 of the DGCL. In accordance with Without limiting the DGCLgenerality of the foregoing, and subject thereto, at the Effective Time, all of the properties, rights, privileges, property, powers and franchises of the Company and Sub shall vest in the Surviving Corporation, and all of the debts, liabilities and duties of the Company and Sub shall become the debts, liabilities and duties of the Surviving Corporation.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Absolut Spirits CO INC), Agreement and Plan of Merger (Cruzan International, Inc.)

Effects. The At the Effective Time, the effects of the Merger shall have be as provided in the effects set forth in Section 259 applicable provisions of the DGCL. In accordance with Without limiting the DGCLgenerality of the foregoing, and subject thereto, at the Effective Time, all of the property, rights, privileges, property, powers and franchises of the Holding Company and Merger Sub shall vest in the Surviving Corporation, and all of the debts, liabilities liabilities, obligations, and duties of the Holding Company and Merger Sub shall become the debts, liabilities liabilities, obligations and duties of the Surviving Corporation.

Appears in 1 contract

Samples: Merger Agreement (United Natural Foods Inc)

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Effects. The Merger shall have the effects set forth in Section 259 the applicable provisions of the DGCL. In accordance with Without limiting the DGCLgenerality of the foregoing, and subject thereto, at the Effective Time, all of the rights, privileges, property, powers and franchises property of the Company and Sub shall vest in the Surviving Corporation, and all of the debts, liabilities and duties obligations of the Company and Sub shall become the debts, liabilities and duties obligations of the Surviving Corporation.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Sparta Inc /De)

Effects. The Merger shall have the effects set forth in Section 259 this Agreement, the Certificate of Merger and the applicable provisions of the DGCL. In accordance with Without limiting the DGCL, all generality of the foregoing, the Surviving Corporation shall succeed to all the assets, rights, privileges, property, powers and franchises of the Company and Sub shall vest in the Surviving Corporation, and be subject to all of the debtsliabilities, liabilities restrictions and duties of the Company and Sub shall become Merger Sub, including under this Agreement, all as provided under the debts, liabilities and duties of the Surviving CorporationDGCL.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Activant Solutions Inc /De/)

Effects. The Merger shall will have the effects set forth in Section 259 of the DGCL. In accordance with Without limiting the DGCLgenerality of the foregoing, and subject thereto, at the Effective Time, all of the property, rights, privileges, property, powers and franchises of the Company and Sub shall will vest in the Surviving Corporation, and all of the debts, liabilities liabilities, obligations, restrictions, disabilities and duties of each of the Company and Sub shall will become the debts, liabilities liabilities, obligations, restrictions, disabilities and duties of the Surviving Corporation.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Sterling Chemicals Inc)

Effects. The Merger shall have the effects set forth in Section 259 of the DGCL. In accordance with Without limiting the DGCL, all generality of the foregoing, and subject thereto, at the Effective Time all the property, rights, privileges, property, powers and franchises of the Company and Sub shall vest be vested in the Surviving Corporation, and all of the debts, liabilities and duties of the Company and Sub shall become the debts, liabilities and duties of the Surviving Corporation.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Cambridge Display Technology, Inc.)

Effects. The Merger shall have the effects set forth in Section 259 of the DGCL. In accordance with Without limiting the DGCL, all generality of the foregoing, and subject thereto, at the Effective Time all the property, rights, privileges, property, powers and franchises of the Company and Merger Sub shall vest in the Surviving Corporation, and all of the debts, liabilities Liabilities and duties of the Company and Merger Sub shall become the debts, liabilities Liabilities and duties of the Surviving Corporation.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Imperial Industries Inc)

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