Common use of Effect of the Merger on Securities Clause in Contracts

Effect of the Merger on Securities. SECTION 2.1. Effect on Capital Stock..........................................3 (a) Cancellation of Treasury Stock and Trenwick-Owned Stock...................................................3 (b) Conversion of Chartwell Common Stock....................3 (c)

Appears in 2 contracts

Sources: Merger Agreement (Chartwell Re Holdings Corp), Merger Agreement (Chartwell Re Corp)

Effect of the Merger on Securities. SECTION 2.1. Effect on Capital Stock.................................................................................................... 3 (a) Cancellation of Treasury Stock and Trenwick-Owned Stock.................................................................... 3 (b) Conversion of Chartwell Common Stock........................................................ 3 (c)

Appears in 1 contract

Sources: Merger Agreement (Trenwick Group Inc)