Section 253 Merger means any Merger of the corporation into another corporation which is a Controlling Person, Affiliate of a Controlling Person, Associate of a Controlling Person, or an Affiliate, pursuant to Section 253 of the Delaware General Corporation Laws, as amended from time to time, or any successor or replacement statute, provided that such amended, successor or replacement statute does not give voting rights to the stockholders of the corporation with respect to the merger. While such voting rights are part of Section 253 as amended, or of any successor or replacement statute, a merger under such section shall not be deemed a Section 253 Merger for purposes of this definition.
Section 253 Merger means the merger between the Company and Buyer pursuant to Section 253 of the DGCL, pursuant to which theCompany shall be the surviving entity.
Section 253 Merger means the merger between the Company and Buyer pursuant to Section 253 of the DGCL, pursuant to which the Company shall be the surviving entity.
Examples of Section 253 Merger in a sentence
Promptly after the filing of the Certificate of Merger, the Company shall file the Section 253 Merger Certificate.
Immediately following the Closing, Parent and Buyer shall take all actions reasonably required to effect the Section 253 Merger in accordance with applicable law upon terms of an Agreement and Plan of Merger in a form reasonably acceptable to the Stockholder Representative.
Workers Compensation cases always receive priority in daily scheduling.
If such voting rights are required by Section 253, or in connect therewith, a merger under such section shall not be a Section 253 Merger for purposes of this Article XIII.
More Definitions of Section 253 Merger
Section 253 Merger means any merger of this Corporation into another corporation pursuant to Delaware Corporation Law, Section 253, as amended from time to time, or any successor or replacement statute (collectively Section 253), but only if Section 253 does not give voting rights to the stockholders of this Corporation with respect to the merger. If voting rights are required by Section 253, or in connection therewith, a merger under such section shall not be a Section 253 Merger for purposes of this Article FIFTEENTH.