Common use of Conversion of Merger Sub Common Stock Clause in Contracts

Conversion of Merger Sub Common Stock. At the Effective ------------------------------------- Time, by virtue of the Merger and without any action on the part of the holder thereof, each share of common stock of Merger Sub issued and outstanding immediately prior to the Effective Time shall be converted into and become one validly issued, fully paid and non-assessable share of common stock, par value $0.01 per share, of the Surviving Corporation.

Appears in 2 contracts

Sources: Merger Agreement (Ingenico S A), Merger Agreement (Ivi Checkmate Corp)

Conversion of Merger Sub Common Stock. At the Effective ------------------------------------- Time, each share of common stock of Merger Sub issued and outstanding immediately prior to the Effective Time shall, by virtue of the Merger and without any action on the part of the holder thereof, each share of common stock of Merger Sub issued and outstanding immediately prior to the Effective Time shall be converted into and become one validly issued, fully paid and non-assessable nonassessable share of common stock, par value $0.01 per share0.01, of the Surviving CorporationEntity.

Appears in 2 contracts

Sources: Merger Agreement (Dawson Geophysical Co), Merger Agreement (TGC Industries Inc)

Conversion of Merger Sub Common Stock. At the Effective ------------------------------------- Time, by virtue of the Merger and without any action on the part of the holder thereof, each share of common stock of Merger Sub issued and outstanding immediately prior to the Effective Time shall be converted into and become one validly issued, fully paid and non-assessable Each share of common stock, par value $0.01 per share, of Merger Sub (“Merger Sub Common Stock”) issued and outstanding immediately prior to the Merger Effective Time shall be automatically converted into one duly authorized and validly issued, fully paid and nonassessable share of common stock of the Surviving Corporation.

Appears in 2 contracts

Sources: Transaction Agreement and Plan of Merger (BellRing Distribution, LLC), Transaction Agreement and Plan of Merger (Post Holdings, Inc.)

Conversion of Merger Sub Common Stock. At the Effective ------------------------------------- Time, by virtue of the Merger and without any action on the part of the holder thereof, each share of common stock of The Merger Sub Common Stock issued and outstanding immediately prior to the Effective Time shall be converted into and become exchanged for one validly issued, fully paid and non-assessable nonassessable share of common stock, par value $0.01 per share, stock of the Surviving Corporation.

Appears in 2 contracts

Sources: Business Combination Agreement (Lion Electric Co), Business Combination Agreement (Northern Genesis Acquisition Corp.)

Conversion of Merger Sub Common Stock. At the Effective ------------------------------------- Time, by virtue of the Merger and without any action on the part of the holder thereof, each share of common stock of Merger Sub issued and outstanding immediately prior to the Effective Time shall be converted into remain outstanding and become shall represent one validly issued, fully paid and non-assessable nonassessable share of common stock, par value $0.01 per share, stock of the Surviving Corporation.

Appears in 2 contracts

Sources: Merger Agreement (McData Corp), Merger Agreement (Endorex Corp)

Conversion of Merger Sub Common Stock. At and as of the Effective ------------------------------------- Time, by virtue of the Merger and without any action on the part of the holder thereof, each share of common stock of Merger Sub issued and outstanding immediately prior to the Effective Time shall be converted into and become one validly issued, fully paid and non-assessable share of common stock, par value $0.01 per share, stock of the Surviving Corporation.

Appears in 1 contract

Sources: Merger Agreement (Acuren Corp)

Conversion of Merger Sub Common Stock. At the Effective ------------------------------------- Time, by virtue of the Merger and without any action on the part of the holder thereof, each Each share of common stock of Merger Sub Sub, issued and outstanding immediately prior to the Effective Time shall be converted into and become one (1) validly issued, fully paid and non-assessable nonassessable share of common stock, par value $0.01 per share, of the Surviving CorporationCompany Common Stock.

Appears in 1 contract

Sources: Merger Agreement (Spring Valley Acquisition Corp. II)

Conversion of Merger Sub Common Stock. At the Effective ------------------------------------- Time, by virtue of the Merger and without any action on the part of the holder thereof, each Each share of common stock of Merger Sub issued and outstanding immediately prior to the Effective Time shall be converted into and become one validly issued, fully paid and non-assessable nonassessable share of the common stock, par value $0.01 per share, stock of the Surviving CorporationCompany.

Appears in 1 contract

Sources: Merger Agreement (Iac/Interactivecorp)

Conversion of Merger Sub Common Stock. At the Effective ------------------------------------- Time, by virtue of the Merger and without any action on the part of the holder thereof, each share of common stock of Merger Sub Common Stock that is issued and outstanding immediately prior to the Effective Time shall be converted into and become one validly issued, fully paid and non-assessable nonassessable share of common stockCommon Stock, par value $0.01 per share, of the Surviving Corporation.value

Appears in 1 contract

Sources: Merger Agreement (Macrovision Corp)

Conversion of Merger Sub Common Stock. At the Effective ------------------------------------- Time, by virtue Time of the Merger and without any action on the part of the holder thereofMerger, each share of common stock of Merger Sub Common Stock that is issued and outstanding immediately prior to the Effective Time shall be converted into and become one validly issued, fully paid and non-assessable nonassessable share of common stock, par value $0.01 per share, Common Stock of the Surviving CorporationCompany, and the shares of Company Common Stock into which the shares of Merger Sub Common Stock are so converted shall be the only shares of Company Common Stock that are issued and outstanding immediately after the Effective Time of the Merger.

Appears in 1 contract

Sources: Agreement and Plan of Reorganization (Opsware Inc)