Common use of Stockholders' Rights upon Merger Clause in Contracts

Stockholders' Rights upon Merger. (a) Upon consummation of the Merger, certificates that immediately prior to the Effective Time represented outstanding Shares (the “Certificates”) shall cease to represent any rights with respect thereto, and, subject to applicable Law and this Agreement, the Certificates shall only represent the right to receive the applicable portion of the Merger Consideration payable hereunder with respect to such Shares.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Ixia)

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Stockholders' Rights upon Merger. (a) Upon consummation of the Merger, certificates that immediately prior to the Effective Time represented outstanding Company Shares (the "Certificates") shall cease to represent any rights with respect thereto, and, subject to applicable Law and this Agreement, the Certificates shall only represent the right to receive the applicable portion of the Merger Consideration payable hereunder with respect to such SharesConsideration.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Tekelec)

Stockholders' Rights upon Merger. (a) Upon consummation -------------------------------- of the Merger, certificates that immediately prior to the Effective Time represented outstanding Shares (the “Certificates”) Certificates shall cease to represent any rights with respect thereto, and, subject to applicable Law (as hereinafter defined) and this Agreement, the Certificates shall only represent the right to receive the applicable portion of the Merger Consideration including the amount of cash, if any, payable hereunder with respect in lieu of fractional shares of Parent Common Stock into which the Big Stuff Shares have been converted pursuant to such Sharesthis Agreement.

Appears in 1 contract

Samples: Big Stuff Agreement (Advanced Communications Group Inc/De/)

Stockholders' Rights upon Merger. (a) Upon consummation of the Merger, the certificates that immediately prior to the Effective Time which theretofore represented outstanding CompuServe Common Shares (the """Certificates") shall cease to represent any rights with respect thereto, and, subject to applicable Law law and this Agreement, the Certificates shall only represent the right to receive the applicable portion of the Merger Consideration payable hereunder with respect to such SharesConsideration.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Worldcom Inc /Ga/)

Stockholders' Rights upon Merger. (a) Upon consummation of the -------------------------------- Merger, the certificates that immediately prior to which theretofore represented the Effective Time represented outstanding Company Shares (the "Certificates") shall cease to represent any rights with respect thereto, and, ------------ subject to applicable Law law and this Agreement, the Certificates shall only represent the right to receive the applicable portion of the Merger Consideration payable hereunder with respect to such SharesConsideration.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Caprius Inc)

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Stockholders' Rights upon Merger. (a) Upon consummation of the Merger, the certificates that immediately prior to which theretofore represented the Effective Time represented outstanding Company Shares (the “Certificates”"CERTIFICATES") shall cease to represent any rights with respect thereto, thereto and, subject to applicable Law law and this Agreement, the Certificates shall only represent the right to receive the applicable portion of the Merger Consideration payable hereunder with respect to such SharesConsideration.

Appears in 1 contract

Samples: Agreement and Plan of Merger (United Therapeutics Corp)

Stockholders' Rights upon Merger. (a) Upon consummation of the Merger, certificates that immediately prior to the Effective Time represented outstanding Shares shares of Common Stock (the “Certificates”) shall cease to represent any rights with respect thereto, andother than, subject to applicable Law and this Agreement, the Certificates shall only represent the right to receive the applicable portion of the Merger Consideration payable hereunder with respect to such Sharesshares of Common Stock.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Ixia)

Stockholders' Rights upon Merger. (a) Upon consummation of the Merger, certificates that immediately prior to the Effective Time represented outstanding Shares (the “Certificates”) shall cease to represent any rights with respect thereto, and, subject to applicable Law and this Agreement, the Certificates shall only represent the right to receive the applicable portion of the Merger Consideration payable hereunder with respect to such Shares.

Appears in 1 contract

Samples: Side Agreement (Tekelec)

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