Common use of Effect of the Mergers Clause in Contracts

Effect of the Mergers. (a) The effect of the First Merger shall be as provided in this Agreement, the Certificate of Merger I and the applicable provisions of the DGCL. Without limiting the generality of the foregoing, and subject thereto, at the First Effective Time, all the property, rights, privileges, agreements, powers and franchises, debts, liabilities, duties and obligations of Merger Sub I and the Company shall become the property, rights, privileges, agreements, powers and franchises, debts, liabilities, duties and obligations of the Initial Surviving Entity.

Effect of the Mergers. (a) The At the Effective Time, the effect of the First Merger shall be as provided in this Agreement, the First Certificate of Merger I and the applicable provisions of the DGCL. Without limiting the generality of the foregoing, and subject thereto, at the First Effective Time, all the property, rights, privileges, agreements, powers and franchises, debts, liabilities, duties and obligations of First Merger Sub I and the Company shall become the property, rights, privileges, agreements, powers and franchises, debts, liabilities, duties and obligations of the Initial Surviving EntityCorporation.

Effect of the Mergers. (a) The effect of the First Merger shall be as provided have the effects set forth in this Agreement, the Certificate of Merger I Agreement and the applicable provisions of the DGCL. Without limiting the generality of the foregoing, from and subject thereto, at after the First Effective Time, the First-Step Surviving Corporation shall possess all the propertyproperties, rights, rights privileges, agreements, powers and franchisesfranchises of the Company and First Merger Sub, debtsand all of the claims, obligations, liabilities, debts and duties of the Company and obligations of First Merger Sub I and the Company shall become the propertyclaims, rights, privileges, agreements, powers and franchises, debtsobligations, liabilities, debts and duties and obligations of the Initial First-Step Surviving EntityCorporation.

Effect of the Mergers. (a) The effect of At and after the Effective Time, the First Merger shall be as provided have the effects set forth in this Agreement, the Certificate of Merger I Agreement and in the applicable provisions of the DGCL. Without limiting the generality of the foregoing, and subject thereto, at the First Effective Time, the Surviving Corporation shall possess all the property, rights, privileges, agreements, powers and franchises, debtsand be subject to all of the restrictions, liabilities, disabilities and duties and obligations of Merger Sub I and the Company shall become the propertyand Merger Sub, rights, privileges, agreements, powers and franchises, debts, liabilities, duties and obligations as provided under Section 259 of the Initial Surviving EntityDGCL.

Effect of the Mergers. (a) The At the Effective Time, the effect of the First Merger shall be as provided herein and in this Agreement, the Certificate of Merger I and the applicable provisions of the DGCL. Without limiting the generality of the foregoing, and subject thereto, at the First Effective Time, all the property, rights, privileges, agreementspowers, powers franchises and franchisesassets of the Company and Merger Sub shall vest in the Surviving Corporation, and all debts, liabilities, obligations and duties of the Company and obligations of Merger Sub I and the Company shall become the property, rights, privileges, agreements, powers and franchises, debts, liabilities, obligations and duties and obligations of the Initial Surviving EntityCorporation.

Effect of the Mergers. (a) The effect of the First Merger shall be as provided in this Agreement, the First Certificate of Merger I and the applicable provisions of the DGCL. Without limiting the generality of the foregoing, and subject thereto, at the First Effective Time, all the property, rights, privileges, agreements, powers and franchises, debts, liabilities, duties and obligations of Merger Sub I 1 and the Company NewCo shall become the property, rights, privileges, agreements, powers and franchises, debts, liabilities, duties and obligations of the Initial Surviving EntityCorporation.