THE FIRST STEP MERGER. 1.1 The First Step Merger. Subject to the terms and conditions of this Agreement, in accordance with the General Corporation Law of the State of Ohio (the "OGCL") and the General Corporation Law of the State of Delaware (the "DGCL"), at the First Effective Time, BANC ONE shall merge with and into Newco. Newco shall be the surviving corporation in the First Step Merger, and shall continue its corporate existence under the laws of the State of Delaware. Upon consummation of the First Step Merger, the separate corporate existence of BANC ONE shall terminate.
Appears in 2 contracts
Samples: Agreement and Plan of Reorganization (Banc One Corp /Oh/), Agreement and Plan of Reorganization (First Chicago NBD Corp)
THE FIRST STEP MERGER. 1.1 The First Step Merger. Subject to the terms and conditions of this Agreement, in accordance with the General Massachusetts Business Corporation Law of the State of Ohio (the "OGCLMBCL") and the General Corporation Law of the State of Delaware (the "DGCL"), at the First Effective Time, BANC ONE Crompton shall merge with and into Newco. Newco shall be the surviving corporation in the First Step Merger, Merger and shall continue its corporate existence under the laws of the State of Delaware. Upon consummation of the First Step Merger, the separate corporate existence of BANC ONE Crompton shall terminate.
Appears in 2 contracts
Samples: Agreement and Plan of Reorganization (Witco Corp), Agreement and Plan of Reorganization (Crompton & Knowles Corp)
