Certain Effects of the Merger. From and after the Effective Time, the Surviving Corporation shall (a) possess all the rights, privileges, powers and franchises, of a public or of a private nature, of the Constituent Corporations, (b) be subject to all restrictions, disabilities, liabilities and duties of each of Santa Lucia and MSGI, all with the effect and to the extent provided in the BCA and (c) continue its corporate existence as a Utah corporation.
Appears in 4 contracts
Sources: Merger Agreement (Medcare Technologies Inc), Merger Agreement (Medcare Technologies Inc), Merger Agreement (Medcare Technologies Inc)