Common use of Statutory Merger Clause in Contracts

Statutory Merger. Subject to the terms and conditions and in reliance upon the representations, warranties, covenants and agreements contained herein, Newco will merge with and into the Company at the Effective Time. The terms and conditions of the Merger and the mode of carrying the same into effect will be as set forth in this Agreement. As a result of the Merger, the separate corporate existence of Newco will cease and the Company will continue as the Surviving Corporation and shall succeed to and assume all of the rights and obligations of Newco in accordance with the DGCL. The Merger shall have the effect set forth in the DGCL.

Appears in 5 contracts

Samples: Agreement and Plan of Merger (Netscape Communications Corp), Agreement and Plan of Merger (America Online Inc), Agreement and Plan of Merger (Barksdale James L)

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Statutory Merger. Subject to the terms and conditions and in reliance upon the representations, warranties, covenants and agreements contained herein, Newco will shall merge with and into the Company at the Effective Time. The terms and conditions of the Merger and the mode of carrying the same into effect will shall be as set forth in this Agreement. As a result of the Merger, the separate corporate existence of Newco will shall cease and the Company will shall continue as the Surviving Corporation and shall succeed to and assume all of the rights and obligations of Newco in accordance with the DGCL. The Merger shall have the effect set forth in the DGCLCorporation.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Dresser Industries Inc /De/), Agreement and Plan of Merger (Halliburton Co), Agreement and Plan of Merger (Dresser Industries Inc /De/)

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Statutory Merger. Subject to the terms and conditions and in reliance upon the representations, warranties, covenants and agreements contained herein, Newco will shall merge (the "Merger") with and into the Company at the Effective Time. The terms and conditions of the Merger and the mode of carrying the same into effect will shall be as set forth in this Agreement. As a result of the Merger, the separate corporate existence of Newco will shall cease and the Company will shall continue as the Surviving Corporation and shall succeed to and assume all of the rights and obligations of Newco in accordance with the DGCLCorporation. The Merger shall have the effect set forth in the DGCL.SECTION 2.2

Appears in 1 contract

Samples: Agreement and Plan of Merger (American Electric Power Company Inc)

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