Common use of Merger of Merger Sub into the Company Clause in Contracts

Merger of Merger Sub into the Company. Upon the terms and subject to the conditions set forth in this Agreement, at the Effective Time (as defined in Section 1.3), and in accordance with Section 314 through 327 of the Companies Law, Merger Sub (as the target company (Chevrat Ha ‘Ya’ad)) shall be merged with and into the Company (as the absorbing company (HaChevra Ha ‘Koletet)), and the separate existence of Merger Sub shall cease. The Company will continue as the surviving corporation in the Merger (the “Surviving Corporation”).

Merger of Merger Sub into the Company. Upon the terms and subject to the conditions set forth in this Agreement, at the Effective Time (as defined in Section 1.3)Time, and in accordance with Section Sections 314 through and 327 of the Companies Law, Merger Sub (as the target company (Chevrat Ha ‘Ya’adHaYa’ad)) shall be merged with and into the Company (as the absorbing company (HaChevra Ha ‘KoletetHaChevrat HaKoletet)), and the separate existence of Merger Sub shall cease. The Company will continue as the surviving corporation in the Merger (the “Surviving CorporationCompany”).

Merger of Merger Sub into the Company. Upon the terms and subject to the conditions set forth in this Agreement, at the Effective Time (as defined in Section 1.3), and in accordance with Section Sections 314 through 327 of the Companies Law, Merger Sub (as the target company (Chevrat Ha ‘Ya’adHa’Ya’ad)) shall be merged with and into the Company (as the absorbing company (HaChevra Ha ‘KoletetHa’Koletet)), and the separate existence of Merger Sub shall cease. The cease and the Company will continue as the surviving corporation in the Merger (the “Surviving Corporation”).