Common use of Reorganization of Company Clause in Contracts

Reorganization of Company. If the Company is merged into or consolidated with another corporation, or all or substantially all of its assets are transferred to another corporation, then in connection with such transfer the term "Company" for all purposes of this Agreement shall be deemed to include such successor corporation, and the Trustee shall receive and hold under this Agreement any stock of such successor corporation received on account of the ownership, as Trustee hereunder, of the stock held hereunder prior to such merger, consolidation, and transfer. Trust Certificates issued and outstanding under this Agreement at the time of such merger, consolidation, or transfer may remain outstanding, or the Trustee may, in his discretion, substitute for such Trust Certificates new Trust Certificates in appropriate form, and the terms "stock" and "capital stock" as used herein shall be taken to include any stock which may be received by the Trustee in lieu of all or any part of the Company's capital stock.

Appears in 6 contracts

Samples: Trust Agreement (Imagine Media LTD), Trust Agreement (Onsource Corp), Trust Agreement (Black Mountain Holdings, Inc.)

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Reorganization of Company. If In case the Company is merged into or consolidated with another corporationCompany, or all or substantially all of its the assets of the Company are transferred to another corporationCompany, then in connection with such transfer transfer, the term "Company" for all purposes of this Agreement shall be deemed taken to include such successor corporationcompany, and the Trustee shall receive and hold under this Agreement any stock of such successor corporation company received on account of the ownership, as Trustee hereunder, of the stock held hereunder prior to such merger, consolidation, and transfer. Voting Trust Certificates issued and outstanding under this Agreement at the time of such merger, consolidation, or transfer may remain outstanding, or the Trustee may, in his discretion, substitute for such voting Trust Certificates new Trust Certificates voting trust certificates in appropriate form, and the terms "stock" and ",” “capital stock" ” and “Common Stock” as used herein shall be taken to include any stock which may be received by the Trustee in lieu of all or any part of the capital stock of the Company's capital stock.

Appears in 2 contracts

Samples: Voting Trust Agreement (HBT Financial, Inc.), Voting Trust Agreement

Reorganization of Company. If the Company is merged into or consolidated with another corporation, or all or substantially all of its assets are transferred to another corporation, then in connection with such transfer the term "Company" for all purposes of this Agreement shall be deemed to include such successor corporation, and the Trustee shall receive and hold under this Agreement any stock of such successor corporation received on account of the ownership, as Trustee hereunder, of the stock held hereunder prior to such mergermergers, consolidation, and transfer. Trust Certificates Voting trust certificates issued and outstanding under this Agreement at the time of such merger, consolidation, or transfer may remain outstanding, or the Trustee may, in his discretion, substitute for such Trust Certificates voting trust certificates new Trust Certificates voting trust certificates in appropriate form, and the terms "stock" and "capital stock" as used herein shall be taken to include any stock which may be received by the Trustee in lieu of all or any part of the Company's capital stock.

Appears in 1 contract

Samples: Voting Trust Agreement (Futureone Inc /Nv/)

Reorganization of Company. If the Company is merged into or consolidated with another corporation, or all or substantially all of its assets are transferred to another corporation, then in connection with such transfer the term "Company" for all purposes of this Agreement shall be deemed to include such successor corporation, and the Trustee shall receive and hold under this Agreement any stock of such successor corporation received on account of the ownership, as Trustee hereunder, of the stock held hereunder prior to such merger, consolidation, and transfer. Trust Certificates Voting trust certificates issued and outstanding under this Agreement at the time of such merger, consolidation, or transfer may remain outstanding, or the Trustee may, in his discretion, substitute for such Trust Certificates voting trust certificates new Trust Certificates voting trust certificates in appropriate form, and the terms "stock" ,” “shares,” and "capital stock" as used herein shall be taken to include any stock which may be received by the Trustee in lieu of all or any part of the Company's ’s capital stock.

Appears in 1 contract

Samples: Voting Trust Agreement

Reorganization of Company. If the Company is merged into or ------------------------- consolidated with another corporation, or all or substantially all of its assets are transferred to another corporation, then in connection with such transfer the term "Company" for all purposes of this Trust Agreement shall be deemed to include such successor corporation, and the Trustee shall receive and hold under this Trust Agreement any stock of such successor corporation received on account of the ownership, as Trustee hereunder, of the stock held hereunder prior to such merger, consolidation, and transfer. Trust Certificates Voting trust certificates issued and outstanding under this Trust Agreement at the time of such merger, consolidation, or transfer may remain outstanding, or the Trustee may, in his discretion, substitute for such Trust Certificates voting trust certificates new Trust Certificates voting trust certificates in appropriate form, and the terms "stock" and "capital stock" as used herein shall be taken to include any stock which may be received by the Trustee trustee in lieu of all or any part of the Company's capital stock.

Appears in 1 contract

Samples: Voting Trust Agreement (Evergood Products Corp)

Reorganization of Company. If In case the Company is merged into or consolidated with another corporation, or all or substantially all of its the assets of the Company are transferred to another corporation, then in connection with such transfer the term "Company" for all purposes of this Agreement shall be deemed taken to include such successor corporation, and the Trustee shall receive and hold under this Agreement any stock of such successor corporation received on account of the ownership, as Trustee hereunder, of the stock held hereunder prior to such merger, consolidation, consolidation and transfer. Trust Certificates The voting trust certificate issued and outstanding under this Agreement at the time of such merger, consolidation, consolidation or transfer may remain outstanding, or the Trustee may, in his discretion, substitute for such Trust Certificates voting trust certificate a new Trust Certificates voting trust certificate in appropriate form, and the terms "Shares", "stock" and "capital stock" as used herein shall be taken to include any stock which may be received by the Trustee in lieu of all or any part of the capital stock of the Company's capital stock.

Appears in 1 contract

Samples: Voting Trust Agreement (Registry Magic Inc)

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Reorganization of Company. If the Company is merged into or consolidated with another corporation, or all or substantially all of its assets are transferred to another corporation, then in connection with such transfer the term "Company" for all purposes of this Agreement shall be deemed to include such successor corporation, and the Trustee shall receive and hold under this Agreement any stock of such successor corporation received on account of the ownership, as Trustee hereunder, of the stock held hereunder prior to such merger, consolidation, and transfer. Trust Certificates issued and outstanding under this Agreement at the time of such merger, consolidation, or transfer may remain outstanding, or the Trustee may, in his discretion., substitute for such Trust Certificates new Trust Certificates in appropriate form, and the terms "stock" and "capital stock" as used herein shall be taken to include any stock which may be received by the Trustee in lieu of all or any part of the Company's capital stock.,

Appears in 1 contract

Samples: Trust Agreement (Transit Management Holding Corp)

Reorganization of Company. If the Company is merged into or consolidated with another corporation, or all or substantially all of its assets are transferred to another corporation, then in connection with such transfer the term "Company" for all purposes of this Agreement shall be deemed to include such successor corporation, and the Trustee Trustees shall receive and hold under this Agreement any stock of such successor corporation received on account of the ownership, as Trustee Trustees hereunder, of the stock held hereunder prior to such merger, consolidation, and transfer. Trust Certificates Voting trust certificates issued and outstanding under this Agreement at the time of such merger, consolidation, consolidation or transfer may remain outstanding, or the Trustee Trustees may, in his their discretion, substitute for such Trust Certificates voting trust certificates new Trust Certificates voting trust certificates in appropriate form, form and the terms "stock" and "capital stock" as used herein shall be taken to include any stock which may be received by the Trustee Trustees in lieu of all or any part of the Company's capital stock. Any stock dividends, splits, shares issued upon any recapitalization shall be added to this Voting Trust.

Appears in 1 contract

Samples: Voting Trust Agreement (Eastco Industrial Safety Corp)

Reorganization of Company. If In case the Company is merged into or consolidated with another corporation, or all or substantially all of its the assets of the Company are transferred to another corporation, then in connection with such transfer the term "Company" for all purposes of this Agreement agreement shall be deemed taken to include such successor corporation, and the Trustee shall receive and hold under this Agreement agreement any stock of such successor corporation received on account of the ownership, as Trustee hereunder, of the stock held hereunder prior to such merger, consolidation, and transfer. Trust Certificates Voting trust certificates issued and outstanding under this Agreement agreement at the time of such merger, consolidation, or transfer may remain outstanding, or the Trustee may, in his discretion, substitute for such Trust Certificates voting trust certificates new Trust Certificates voting trust certificates in appropriate form, and the terms "stock" and "capital stock" as used herein shall be taken to include any stock which may be received by the Trustee in lieu of all or any part of the capital stock of the Company's capital stock.

Appears in 1 contract

Samples: Universal Outdoor Holdings Inc

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