Examples of Delaware Merger in a sentence
For the reasons set forth in the Registration Statement, it is proposed that pursuant to the Agreement and the laws of the State of Delaware, Merger Sub merge with and into the Company.
The LBO wave of the 1980s dried up as a consequence of the resulting re-enactment of state anti-takeover legislation 23 , the political 22 For an account of Drexel’s role in the rise and fall of the LBO market in the second half of the 1980s, see e.g., Scott (2000).23 Most influential was the re-enactment of the Delaware Merger Moratorium Law, prohibiting hostile suitors from merging their acquisition vehicle with the target company for at least three years after acquiring a majority stake lower than 85%.
At the Effective Time (as defined in Section 1.2), upon the terms and subject to the conditions of this Agreement and in accordance with the Delaware General Corporation Law (the "DGCL"), a newly formed wholly owned subsidiary of Parent, to be incorporated in Delaware ("Merger Sub"), shall be merged with and into the Company (the "Merger").
Proposal to approve and adopt the Agreement and Plan of Merger and Reorganization, dated as of February 6, 2014, as it may be amended from time to time, by and among Yuma Energy, Inc., Pyramid Oil Company, Pyramid Delaware Merger Subsidiary, Inc., and Pyramid Merger Subsidiary, Inc., and the transactions contemplated thereby.
As of the date hereof, each of Delaware Merger Subsidiary and Merger Subsidiary has no assets or liabilities.
First Amendment to the Agreement and Plan of Merger and Reorganization dated as of September 2, 2016, by and among Yuma Energy, Inc., Yuma Delaware Merger Subsidiary, Inc., Yuma Merger Subsidiary, Inc.
At the effective time of the Delaware Merger and the Bank Merger, respectively, the separate existence of Company HoldCo Sub and the Company Bank Sub will terminate, respectively.
The Delaware Merger and Bank Merger sometimes are collectively referred to herein as the “Other Mergers”.
It anticipates that, on a pro forma basis, upon consummation of the Merger, the Delaware Merger and the Bank Merger, it and Parent Bank Sub will have the capital levels required to be “well capitalized” on a consolidated basis under applicable law.
The Exchange Agent shall make payments of the Company Common Share Merger Consideration, the Partnership Merger Consideration, the Other Payments and any cash payable in lieu of fractional shares out of the Exchange Fund in accordance with this Agreement, the Maryland Articles of Merger and the Delaware Merger Certificate.