Common use of Effect of the First Merger Clause in Contracts

Effect of the First Merger. At the First Merger Effective Time, the effect of the First Merger shall be as provided in this Agreement and the applicable provisions of the DGCL and the WBCA. Subject to the foregoing, from and after the First Merger Effective Time, the First Merger Surviving Corporation shall possess all rights, privileges, immunities, powers and franchises and be subject to all the obligations, restrictions, disabilities, liabilities, debts and duties of the Company and Merger Sub.

Effect of the First Merger. At the First Merger Effective Time, the effect of the First Merger shall be as provided in this Agreement Agreement, the Certificate of First Merger and the applicable provisions of the DGCL and DGCL. Without limiting the WBCA. Subject to generality of the foregoing, from and after subject thereto, at the First Merger Effective Time, all the First Merger Surviving Corporation shall possess all assets, property, rights, privileges, immunities, powers and franchises of the Company and be subject to Merger Sub I shall vest in the Surviving Corporation and all the obligationsdebts, restrictions, disabilities, liabilities, debts liabilities and duties of the Company and Merger SubSub I shall become the debts, liabilities and duties of the Surviving Corporation.