Conversion of Merger Sub Stock definition

Conversion of Merger Sub Stock subsection (b)(ii) shall be stricken and replaced in its entirety by the following: “At the Effective Time (defined, herein below), by virtue of the Merger and without any action on the part of the Acquisition Entities and FasTech Services, Inc. and SARS, or the holders of any of their respective securities, each share of capital stock of the FasTech Services, Inc. outstanding, immediately prior to the Effective Time (defined herein, below), shall be converted into one (1) unit of EI membership units, one (1) unit of ESDD membership units, one (1) share of capital stock of Alternatech, one (1) share of the capital stock of AMI, one (1) share of capital stock of A&P and one (1) share of the capital stock of RJP, whereby FasTech Services, Inc. shall be the ‘Surviving Entity,’ and the shares of capital stock of the Surviving Entity so issued in such conversion shall constitute the only outstanding shares of capital stock of the Surviving Entity shall be a wholly owned subsidiary of SARS.”

Examples of Conversion of Merger Sub Stock in a sentence

  • Representation Bidders must have manufacturer or distributor representation located within the State of Texas.

Related to Conversion of Merger Sub Stock