Common use of Effect on Stock Clause in Contracts

Effect on Stock. As of the Effective Time, by virtue of the Merger and without any action on the part of any of Sub, the Company or the holders of any securities of the Constituent Corporations, the capital stock of the Constituent Corporations shall be treated as set forth in this Article III and in accordance with the terms of this Agreement.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Corvis Corp), Agreement and Plan of Merger (First Data Corp)

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Effect on Stock. As of the Effective Time, by virtue of the Merger and without any action on the part of any of SubParent, the Company or the holders of any securities of the Constituent Corporations, the capital stock of the Constituent Corporations shall be treated as set forth in this Article III and in accordance with the terms of this Agreement.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Public Service Enterprise Group Inc), Agreement and Plan of Merger (Exelon Corp)

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