Common use of Property of Amalco Clause in Contracts

Property of Amalco. Amalco shall posses all the property, rights, privileges and franchises and shall be subject to all the liabilities, contracts, disabilities and debts of each of the Amalgamating Corporations as such exist immediately before the Effective Date.

Appears in 3 contracts

Samples: Acquisition Agreement (Repap Enterprises Inc), Acquisition Agreement (Upm Kymmene Corp), Amending Agreement (Upm Kymmene Corp)

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Property of Amalco. Amalco shall posses possess all the property, rights, privileges and franchises and shall be subject to all the liabilities, contracts, disabilities and debts of each of the Amalgamating Corporations Moshi and Moshing as such they exist immediately before the Effective DateTime.

Appears in 1 contract

Samples: Amalgamation Agreement

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Property of Amalco. Amalco shall posses possess all the property, rights, privileges and franchises and shall be subject to all the liabilities, contracts, disabilities and debts of each of the Amalgamating Corporations parties hereto as such exist immediately before the Effective Datedate of the certificate of Amalgamation.

Appears in 1 contract

Samples: Amalgamation Agreement (T&w Financial Corp)

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