Common use of Subsidiary Common Stock Clause in Contracts

Subsidiary Common Stock. Upon the Effective Date, by virtue of the Merger and without any action on the part of the shareholder thereof, each share in the common stock of Subsidiary issued and outstanding immediately prior to the Effective Date shall be cancelled.

Appears in 12 contracts

Samples: Agreement and Plan of Merger (Blockhold Capital Corp), Agreement and Plan of Merger (Medicus Homecare Inc.), Agreement and Plan of Merger (Sports Asylum, Inc.)

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Subsidiary Common Stock. Upon the Effective Date, by virtue of the Merger and without any action on the part of the shareholder thereofholder thereof or the Constituent Corporations, each share in the common stock of Subsidiary Common Stock issued and outstanding immediately prior to the Effective Date thereto shall be cancelled.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Golf Two Inc), Agreement and Plan of Merger (Touchstone Resources Usa, Inc.)

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