Exchange of Capital Stock. At the Effective Time, each share of common stock, $0.001 par value per share, of the Subsidiary that is issued and outstanding immediately prior to the Effective Time shall not be converted or exchanged in any manner into shares of the Surviving Corporation and shall be cancelled. Each issued and outstanding share of common stock, par value $0.001 per share of the Parent (the “Parent Common Stock”), shall not be converted or exchanged in any manner, but as of the Effective Time shall represent one share of common stock of the Surviving Corporation.
Exchange of Capital Stock. At the Effective Time, by virtue of the Merger and without any action on the part of the holder thereof:
Exchange of Capital Stock. 6 3.4 No Further Ownership Rights in Purchaser Securities ............... 6 3.5
Exchange of Capital Stock. 3.3.1 Immediately following the acquisition of the Holdings Securities by Purchaser, at the Closing, the Company shall acquire from Purchaser all of the Purchaser Securities and Holdings Securities in exchange for one million (1,000,000) shares of Series C Preferred, which shall thereupon be fully paid and non-assessable.
Exchange of Capital Stock. The number of shares of Alon Energy Common Stock to be issued in respect of each share of Company Capital Stock being exchanged will be equal to 187.06.
Exchange of Capital Stock. At the Closing:
Exchange of Capital Stock. At the Closing, the Shareholders of SFF shall exchange all of the existing shares of SFF Common Stock issued and outstanding as of the Closing for,
Exchange of Capital Stock. The manner and basis of exchanging shares of PHC Capital Stock and MIOA Capital Stock into stock of the Surviving Corporation shall be as follows:
