Common use of First Merger Clause in Contracts

First Merger. At and after the Effective Time, the First Merger shall have the effects as set forth in the applicable provisions of the DGCL. Without limiting the generality of the foregoing, and subject thereto, at the Effective Time, all the property, rights, privileges, powers and franchises of each of the Company and Merger Sub I shall vest in the First Step Surviving Corporation, and all debts, liabilities and duties of each of the Company and Merger Sub I shall attach to, and become the debts, liabilities and duties of, the First Step Surviving Corporation.

Appears in 2 contracts

Sources: Merger Agreement (Flexible Solutions International Inc), Agreement and Plan of Merger (Millennial Media Inc.)

First Merger. At and after the Effective Time, the effects of the First Merger shall have the effects be as set forth provided in the applicable provisions of the DGCL. Without limiting the generality of the foregoing, and subject thereto, at the Effective Time, except as otherwise agreed to pursuant to the terms of this Agreement, all of the property, rights, privileges, powers and franchises of each of the Company and Merger Sub I shall vest in the First First-Step Surviving CorporationCompany, and all debts, liabilities and duties of each of the Company and Merger Sub I shall attach to, and become the debts, liabilities and duties of, of the First First-Step Surviving CorporationCompany.

Appears in 1 contract

Sources: Agreement and Plan of Reorganization (Square, Inc.)

First Merger. At and after the First Merger Effective Time, the First Merger shall have the effects as set forth in the applicable provisions of the DGCL. Without limiting the generality of the foregoing, and subject thereto, at the First Merger Effective Time, all the property, rights, privileges, powers and franchises of each of the Company and Merger Sub I shall vest in the First Step Merger Surviving CorporationEntity, and all debts, liabilities and duties of each of the Company and Merger Sub I shall attach to, and become the debts, liabilities and duties of, the First Step Merger Surviving CorporationEntity.

Appears in 1 contract

Sources: Merger Agreement (Sanara MedTech Inc.)

First Merger. At and after the Effective Time, the The First Merger shall have the effects as set forth in the applicable provisions of the DGCL. Without limiting the generality of the foregoing, and subject thereto, at the Effective Time, all the property, rights, privileges, powers and franchises of each of the Company and Merger Sub I 1 shall vest in the First Step Surviving Corporation, and all debts, liabilities and duties of each of the Company and Merger Sub I 1 shall attach to, and become the debts, liabilities and duties of, the First Step Surviving Corporation.

Appears in 1 contract

Sources: Agreement and Plan of Merger and Reorganization (Vaccitech PLC)