Common use of Effect of the Merger Clause in Contracts

Effect of the Merger. At the Effective Time, the effect of the Merger shall be as provided in this Agreement, the Certificate of Merger and the applicable provisions of the DGCL. Without limiting the generality of the foregoing, and subject thereto, at the Effective Time, all the property, rights, privileges, agreements, powers and franchises, debts, Liabilities, duties and obligations of Merger Sub and the Company shall become the property, rights, privileges, agreements, powers and franchises, debts, Liabilities, duties and obligations of the Surviving Corporation, which shall include the assumption by the Surviving Corporation of any and all agreements, covenants, duties and obligations of Merger Sub and the Company set forth in this Agreement to be performed after the Effective Time.

Appears in 17 contracts

Sources: Merger Agreement (Industrial Tech Acquisitions II, Inc.), Merger Agreement (Innovative International Acquisition Corp.), Merger Agreement (Malacca Straits Acquisition Co LTD)

Effect of the Merger. At the Effective Time, the effect of the Merger shall be as provided in this Agreement, the Certificate of Merger and the applicable provisions of the DGCL. Without limiting the generality of the foregoing, and subject thereto, at the Effective Time, all the property, rights, privileges, agreements, powers and franchises, debts, Liabilitiesliabilities, duties and obligations of Merger Sub and the Company shall become the property, rights, privileges, agreements, powers and franchises, debts, Liabilitiesliabilities, duties and obligations of the Surviving Corporation, which shall include the assumption by the Surviving Corporation of any and all agreements, covenants, duties and obligations of Merger Sub and the Company set forth in this Agreement to be performed after the Effective Time.

Appears in 11 contracts

Sources: Business Combination Agreement (Bleichroeder Acquisition Corp. I), Agreement and Plan of Merger (Revolution Medicines, Inc.), Merger Agreement (CM Life Sciences III Inc.)

Effect of the Merger. At the Effective Time, the effect of the Merger shall be as provided in this Agreement, the Certificate Articles of Merger and the applicable provisions of the DGCLNRS. Without limiting the generality of the foregoing, and subject thereto, at the Effective Time, all the property, rights, privileges, agreements, powers and franchises, debts, Liabilities, duties and obligations of Merger Sub and the Company shall become the property, rights, privileges, agreements, powers and franchises, debts, Liabilities, duties and obligations of the Surviving Corporation, which shall include the assumption by the Surviving Corporation of any and all agreements, covenants, duties and obligations of Merger Sub and the Company set forth in this Agreement to be performed after the Effective Time.

Appears in 10 contracts

Sources: Agreement and Plan of Merger (Melar Acquisition Corp. I/Cayman), Agreement and Plan of Merger (Deep Medicine Acquisition Corp.), Merger Agreement (Digital Ally, Inc.)

Effect of the Merger. At the Effective Time, the effect of the Merger shall be as provided in this Agreement, the Certificate Plan of Merger and the applicable provisions of the DGCLCayman Companies Act. Without limiting the generality of the foregoing, and subject thereto, at the Effective Time, all the property, rights, privileges, agreements, powers and franchises, debts, Liabilitiesliabilities, duties and obligations of the Merger Sub and the Company shall become the property, rights, privileges, agreements, powers and franchises, debts, Liabilitiesliabilities, duties and obligations of the Surviving Corporation, which shall include the assumption by the Surviving Corporation of any and all agreements, covenants, duties and obligations of the Merger Sub and the Company set forth in this Agreement to be performed after the Effective Time.

Appears in 4 contracts

Sources: Merger Agreement (Future Vision II Acquisition Corp.), Merger Agreement (Golden Path Acquisition Corp), Merger Agreement (WiMi Hologram Cloud Inc.)

Effect of the Merger. At the Effective Time, the effect of the Merger shall be as provided in this Agreement, the Certificate Articles of Merger and the applicable provisions of the DGCLBVI Act. Without limiting the generality of the foregoing, and subject thereto, at the Effective Time, all the property, rights, privileges, agreementsimmunities, powers powers, objects and franchisespurposes and claims, debts, Liabilities, duties Liabilities and obligations of Merger BVI Sub and the Company shall become the property, rights, privileges, agreementsimmunities, powers powers, objects and franchisespurposes and claims, debts, Liabilities, duties Liabilities and obligations of the Surviving CorporationCompany, which shall include the assumption by the Surviving Corporation Company of any and all agreements, covenants, duties and obligations of Merger BVI Sub and the Company set forth in this Agreement to be performed after the Effective Time.

Appears in 4 contracts

Sources: Agreement and Plan of Merger (Tingo, Inc.), Agreement and Plan of Merger (MICT, Inc.), Agreement and Plan of Merger (MICT, Inc.)

Effect of the Merger. At the Effective Time, the effect of the Merger shall be as provided in this Agreement, the Certificate of Merger and the applicable provisions of the DGCL. Without limiting the generality of the foregoing, and subject thereto, at the Effective Time, all the property, rights, privileges, agreements, powers and franchises, debts, Liabilities, duties and obligations of Merger Sub and the Company shall become the property, rights, privileges, agreements, powers and franchises, debts, Liabilities, duties and obligations of the Surviving Corporation, which shall include the assumption by the Surviving Corporation of any and all agreements, covenants, duties and obligations of Merger Sub and the Company set forth in this Agreement to be performed after the Effective Time.

Appears in 3 contracts

Sources: Merger Agreement (Churchill Capital Corp VII), Merger Agreement (Foley Trasimene Acquisition II), Merger Agreement

Effect of the Merger. At the Effective Time, the effect of the Merger shall be as provided in this Agreement, the Certificate of Merger and the applicable provisions of the DGCL. Without limiting the generality of the foregoing, and subject thereto, at the Effective Time, all the property, rights, privileges, agreements, powers and franchises, debts, Liabilitiesliabilities, duties and obligations of SPAC and Merger Sub and the Company shall become the property, rights, privileges, agreements, powers and franchises, debts, Liabilitiesliabilities, duties and obligations of the Surviving CorporationCompany, which shall include the assumption by the Surviving Corporation Company of any and all agreements, covenants, duties and obligations of SPAC and Merger Sub and the Company set forth in this Agreement to be performed after the Effective Time.

Appears in 3 contracts

Sources: Business Combination Agreement (Arogo Capital Acquisition Corp.), Business Combination Agreement (M3-Brigade Acquisition III Corp.), Transaction Agreement (DPCM Capital, Inc.)

Effect of the Merger. At the Effective Time, the effect of the Merger shall be as provided in this Agreement, the Certificate of Merger Merger, and the applicable provisions of the DGCL. Without limiting the generality of the foregoing, and subject thereto, at the Effective Time, all the property, rights, privileges, agreements, powers and franchises, debts, Liabilities, duties and obligations of Merger Sub and the Company shall become the property, rights, privileges, agreements, powers and franchises, debts, Liabilities, duties and obligations of the Surviving Corporation, which shall include the assumption by the Surviving Corporation of any and all agreements, covenants, duties and obligations of Merger Sub and the Company set forth in this Agreement to be performed after the Effective Time.

Appears in 3 contracts

Sources: Merger Agreement (PowerUp Acquisition Corp.), Merger Agreement (PowerUp Acquisition Corp.), Merger Agreement (Semper Paratus Acquisition Corp)

Effect of the Merger. At the Effective Time, the effect of the Merger shall be as provided in this Agreement, the Certificate of Merger and the applicable provisions of the DGCL. Without limiting the generality of the foregoing, and subject thereto, at the Effective Time, all the property, rights, privileges, agreements, powers and franchises, debts, Liabilitiesliabilities, duties and obligations of Merger Sub and the Company shall become the property, rights, privileges, agreements, powers and franchises, debts, Liabilitiesliabilities, duties and obligations of the Surviving Corporation, which shall include the assumption by the Surviving Corporation of any and all agreements, covenants, duties and obligations of Merger Sub and the Company set forth in this Agreement to be performed after the Effective Time.

Appears in 2 contracts

Sources: Merger Agreement (CIIG Capital Partners II, Inc.), Merger Agreement (Virtuoso Acquisition Corp.)

Effect of the Merger. At the Effective Time, the effect of the Merger shall be as provided in this Agreement, the Certificate of Merger and the applicable provisions of the DGCL. Without limiting the generality of the foregoing, and subject thereto, at the Effective Time, all the property, rights, privileges, agreements, powers and franchises, debts, Liabilities, duties and obligations of each of the Merger Sub and the Company shall become the property, rights, privileges, agreements, powers and franchises, debts, Liabilities, duties and obligations of the Surviving Corporation, which shall include the assumption by the Surviving Corporation of any and all agreements, covenants, duties and obligations of Merger Sub and the Company set forth in this Agreement to be performed after the Effective Time.

Appears in 2 contracts

Sources: Agreement and Plan of Merger (Pono Capital Two, Inc.), Merger Agreement (Pono Capital Two, Inc.)

Effect of the Merger. At the Effective Time, the effect of the Merger shall be as provided in this Agreement, the Certificate of Merger and the applicable provisions of the DGCL. Without limiting the generality of the foregoing, and subject thereto, at the Effective Time, all the property, rights, privileges, agreements, powers and franchises, debts, Liabilitiesliabilities, duties and obligations of Merger Sub and the Company shall become the property, rights, privileges, agreements, powers and franchises, debts, Liabilitiesliabilities, duties and obligations of the Surviving Corporation, which shall include the assumption by the Surviving Corporation of any and all agreements, covenants, duties and obligations of Merger Sub and the Company set forth in this Agreement to be performed after the Effective Time.

Appears in 2 contracts

Sources: Merger Agreement (LMF Acquisition Opportunities Inc), Merger Agreement (LMF Acquisition Opportunities Inc)

Effect of the Merger. At the Effective Time, the effect of the Merger shall be as provided in this Agreement, the Certificate Statement of Merger and the applicable provisions of the DGCLPBCL. Without limiting the generality of the foregoing, and subject thereto, at the Effective Time, all the property, rights, privileges, agreements, powers and franchises, debts, Liabilities, duties and obligations of the Company and Merger Sub and the Company shall become the property, rights, privileges, agreements, powers and franchises, debts, Liabilities, duties and obligations of the Surviving Corporation, which shall include the assumption by the Surviving Corporation of any and all agreements, covenants, duties and obligations of the Company and Merger Sub and the Company set forth in this Agreement to be performed after the Effective Time.

Appears in 2 contracts

Sources: Merger Agreement (Megalith Financial Acquisition Corp), Merger Agreement (Customers Bancorp, Inc.)

Effect of the Merger. At the Effective Time, the effect of the Merger shall be as provided in this Agreement, the Certificate of Merger and the applicable provisions of the DGCL. Without limiting the generality of the foregoing, and subject thereto, at the Effective Time, all the property, rights, privileges, agreements, powers and franchises, debts, Liabilitiesliabilities, duties and obligations of the Company and Merger Sub and the Company shall become the property, rights, privileges, agreements, powers and franchises, debts, Liabilitiesliabilities, duties and obligations of the Surviving Corporation, which shall include the assumption by the Surviving Corporation of any and all agreements, covenants, duties and obligations of the Company and Merger Sub and the Company set forth in this Agreement to be performed after the Effective Time.

Appears in 2 contracts

Sources: Merger Agreement (Hightimes Holding Corp.), Merger Agreement (Origo Acquisition Corp)

Effect of the Merger. At the Effective Time, the effect of the Merger shall be as provided in this Agreement, the Certificate of Merger and the applicable provisions of the DGCLNRS. Without limiting the generality of the foregoing, and subject thereto, at the Effective Time, all the property, rights, privileges, agreements, powers and franchises, debts, Liabilitiesliabilities, duties and obligations of Merger Sub and the Company shall become the property, rights, privileges, agreements, powers and franchises, debts, Liabilitiesliabilities, duties and obligations of the Surviving Corporation, which shall include the assumption by the Surviving Corporation of any and all agreements, covenants, duties and obligations of Merger Sub and the Company set forth in this Agreement to be performed after the Effective Time.

Appears in 2 contracts

Sources: Merger Agreement (Edify Acquisition Corp.), Merger Agreement (Unique Logistics International, Inc.)

Effect of the Merger. At the Effective Time, the effect of the Merger shall be as provided in this Agreement, the Certificate Articles of Merger and the applicable provisions of the DGCLBCA. Without limiting the generality of the foregoing, and subject thereto, at the Effective Time, all the property, rights, privileges, agreements, powers and franchises, debts, Liabilities, duties and obligations of Merger Sub and the Company shall become the property, rights, privileges, agreements, powers and franchises, debts, Liabilities, duties and obligations of the Surviving Corporation, which shall include the assumption as a matter of law by the Surviving Corporation of any and all agreements, covenants, duties and obligations of Merger Sub and the Company set forth in this Agreement to be performed after the Effective Time.

Appears in 2 contracts

Sources: Merger Agreement (SEP Acquisition Corp.), Merger Agreement (SANUWAVE Health, Inc.)

Effect of the Merger. At the Effective Time, the The effect of the Merger shall be as provided in this Agreement, Agreement the Certificate of Merger and the applicable provisions of the DGCL. Without limiting the generality of the foregoing, and subject thereto, at from and after the Effective Time, all the property, rights, privileges, agreements, powers and franchises, debts, Liabilitiesliabilities, duties and obligations of Merger Sub and the Company shall become the property, rights, privileges, agreements, powers and franchises, debts, Liabilitiesliabilities, duties and obligations of the Surviving CorporationEntity, which shall include the assumption by the Surviving Corporation Entity of any and all agreements, covenants, duties and obligations of Merger Sub and the Company set forth in this Agreement to be performed after the Effective Time.

Appears in 2 contracts

Sources: Merger Agreement (Banzai International, Inc.), Merger Agreement (Banzai International, Inc.)

Effect of the Merger. At the Effective Time, the effect of the Merger shall be as provided in this Agreement, the Certificate of Merger and the applicable provisions of the DGCL. Without limiting the generality of the foregoing, and subject thereto, at the Effective Time, all the property, rights, privileges, agreements, powers and franchises, debts, Liabilitiesliabilities, duties and obligations of Merger Sub and the Company SPAC shall become the property, rights, privileges, agreements, powers and franchises, debts, Liabilitiesliabilities, duties and obligations of the Surviving CorporationCompany, which shall include the assumption by the Surviving Corporation Company of any and all agreements, covenants, duties and obligations of Merger Sub and the Company SPAC set forth in this Agreement to be performed after the Effective Time.

Appears in 2 contracts

Sources: Merger Agreement (Legato Merger Corp.), Merger Agreement (10X Capital Venture Acquisition Corp)

Effect of the Merger. At the Effective Time, the effect of the Merger shall be as provided in this Agreement, the Certificate of Merger and the applicable provisions of the DGCLDGCL and, if applicable, the CGCL. Without limiting the generality of the foregoing, and subject thereto, at the Effective Time, all the property, rights, privileges, agreements, powers and franchises, debts, Liabilitiesliabilities, duties and obligations of Merger Sub and the Company shall become the property, rights, privileges, agreements, powers and franchises, debts, Liabilitiesliabilities, duties and obligations of the Surviving Corporation, which shall include the assumption by the Surviving Corporation of any and all agreements, covenants, duties and obligations of Merger Sub and the Company set forth in this Agreement to be performed after the Effective Time.

Appears in 2 contracts

Sources: Merger Agreement (Gresham Worldwide, Inc.), Merger Agreement (Ault Disruptive Technologies Corp)

Effect of the Merger. At the Effective Time, the effect of the Merger shall be as provided in this Agreement, the Certificate Articles of Merger and the applicable provisions of the DGCL. Without limiting the generality of the foregoing, and subject thereto, at the Effective Time, all the property, rights, privileges, agreements, powers and franchises, debts, Liabilities, duties and obligations of Merger Sub and the Company shall become the property, rights, privileges, agreements, powers and franchises, debts, Liabilities, duties and obligations of the Surviving Corporation, which shall include the assumption by the Surviving Corporation of any and all agreements, covenants, duties and obligations of Merger Sub and the Company set forth in this Agreement to be performed after the Effective Time.

Appears in 1 contract

Sources: Merger Agreement (Pono Capital Corp)

Effect of the Merger. At the Effective Time, the effect of the Merger shall be as provided in this Agreement, the Certificate of Merger and the applicable provisions of the DGCLDGCL and California Corporations Code. Without limiting the generality of the foregoing, and subject thereto, at the Effective Time, all the property, rights, privileges, agreements, powers and franchises, debts, Liabilities, duties and obligations of Merger Sub and the Company shall become the property, rights, privileges, agreements, powers and franchises, debts, Liabilities, duties and obligations of the Surviving Corporation, which shall include the assumption by the Surviving Corporation of any and all agreements, covenants, duties and obligations of Merger Sub and the Company set forth in this Agreement to be performed after the Effective Time.

Appears in 1 contract

Sources: Merger Agreement (Arogo Capital Acquisition Corp.)

Effect of the Merger. At the Effective Time, the The effect of the Merger shall be as provided in this Agreement, the Certificate of Merger and the applicable provisions of the DGCL. Without limiting the generality of the foregoing, and subject thereto, at the Effective Time, all the property, rights, privileges, agreements, powers and franchises, debts, Liabilitiesliabilities, duties and obligations of Merger Sub and the Company Hepion shall become the property, rights, privileges, agreements, powers and franchises, debts, Liabilitiesliabilities, duties and obligations of the Surviving CorporationCompany, which shall include the assumption by the Surviving Corporation Company of any and all agreements, covenants, duties and obligations of Merger Sub and the Company H▇▇▇▇▇ set forth in this Agreement to be performed after the Effective Time.

Appears in 1 contract

Sources: Merger Agreement (Hepion Pharmaceuticals, Inc.)

Effect of the Merger. At the Effective Time, the effect of the Merger shall be as provided in this Agreement, the Certificate of Merger and the applicable provisions of the DGCL. Without limiting the generality of the foregoing, and subject thereto, at the Effective Time, all the property, rights, privileges, agreements, powers and franchises, debts, Liabilitiesliabilities, duties and obligations of Merger Sub and the Company shall become the property, rights, privileges, agreements, powers and franchises, debts, Liabilitiesliabilities, duties and obligations of the Surviving CorporationCompany, which shall include the assumption by the Surviving Corporation Company of any and all agreements, covenants, duties and obligations of Merger Sub and the Company set forth in this Agreement to be performed after the Effective Time.

Appears in 1 contract

Sources: Business Combination Agreement (HCM II Acquisition Corp.)

Effect of the Merger. At the Effective Time, the effect of the Merger shall be as provided in this Agreement, the Certificate of Merger and the applicable provisions of the DGCL. Without limiting the generality of the foregoing, and subject thereto, at from and after the Effective Time, by operation of law, all the property, rights, privileges, agreements, powers and powers, franchises, debts, Liabilities, duties and obligations of Merger Sub and the Company shall become the property, rights, privileges, agreements, powers and powers, franchises, debts, Liabilities, duties and obligations of the Surviving Corporation, which shall include the assumption by the Surviving Corporation of any and all agreements, covenants, duties and obligations of Merger Sub and the Company set forth in this Agreement to be performed after the Effective Time.

Appears in 1 contract

Sources: Merger Agreement (Biolife Solutions Inc)

Effect of the Merger. At the Effective Time, the effect of the Merger shall be as provided in this Agreement, the Certificate Articles of Merger and the applicable provisions of the DGCL. Without limiting the generality of the foregoing, and subject thereto, at the Effective Time, all the property, rights, privileges, agreements, powers and franchises, debts, Liabilities, duties and obligations of each of the Merger Sub and the Company shall become the property, rights, privileges, agreements, powers and franchises, debts, Liabilities, duties and obligations of the Surviving Corporation, which shall include the assumption by the Surviving Corporation of any and all agreements, covenants, duties and obligations of Merger Sub and the Company set forth in this Agreement to be performed after the Effective Time.

Appears in 1 contract

Sources: Merger Agreement (Pono Capital Corp)

Effect of the Merger. At the Effective Time, the The effect of the Merger shall be as provided in this Agreement, the Certificate of Merger and the applicable provisions of the DGCL. Without limiting the generality of the foregoing, and subject thereto, at the Effective Time, all the property, rights, privileges, agreements, powers and franchises, debts, Liabilitiesliabilities, duties and obligations of Merger Sub and the Company SPAC shall become the property, rights, privileges, agreements, powers and franchises, debts, Liabilitiesliabilities, duties and obligations of the Surviving CorporationCompany, which shall include the assumption by the Surviving Corporation Company of any and all agreements, covenants, duties and obligations of Merger Sub and the Company SPAC set forth in this Agreement to be performed after the Effective Time.

Appears in 1 contract

Sources: Merger Agreement (Healthcare Capital Corp/De)

Effect of the Merger. At the Effective Time, the effect of the Acquisition Merger shall be as provided in this Agreement, the Certificate of Merger and the applicable provisions of the DGCLDelaware Law. Without limiting the generality of the foregoing, and subject thereto, at the Effective Time, all the property, rights, privileges, agreements, powers and franchises, debts, Liabilitiesliabilities, duties and obligations of the Merger Sub and the Company shall become the property, rights, privileges, agreements, powers and franchises, debts, Liabilitiesliabilities, duties and obligations of the Surviving Corporation, which shall include the assumption by the Surviving Corporation of any and all agreements, covenants, duties and obligations of the Merger Sub and the Company set forth in this Agreement to be performed after the Effective Time.

Appears in 1 contract

Sources: Merger Agreement (Tottenham Acquisition I LTD)

Effect of the Merger. At the Effective Time, the effect of the Merger shall be as provided in this Agreement, the Certificate Articles of Merger and the applicable provisions of the DGCLNevada Law. Without limiting the generality of the foregoing, and subject thereto, at the Effective Time, all the property, rights, privileges, agreements, powers and franchises, debts, Liabilities, duties and obligations of Merger Sub and the Company shall become the property, rights, privileges, agreements, powers and franchises, debts, Liabilities, duties and obligations of the Surviving Corporation, which shall include the assumption by the Surviving Corporation of any and all agreements, covenants, duties and obligations of Merger Sub and the Company set forth in this Agreement to be performed after the Effective Time.

Appears in 1 contract

Sources: Agreement and Plan of Merger (Alberton Acquisition Corp)

Effect of the Merger. At the Merger Effective Time, the effect of the Merger shall be as provided in this Agreement, the Certificate of Merger and the applicable provisions of the DGCL. Without limiting the generality of the foregoing, and subject thereto, at the Merger Effective Time, all the property, rights, privileges, agreements, powers and franchises, debts, Liabilitiesliabilities, duties and obligations of Merger Sub and the Company Thunder Bridge shall become the property, rights, privileges, agreements, powers and franchises, debts, Liabilitiesliabilities, duties and obligations of the Surviving Corporation, which shall include the assumption by the Surviving Corporation of any and all agreements, covenants, duties and obligations of Merger Sub and the Company Thunder Bridge set forth in this Agreement to be performed after the Merger Effective Time.

Appears in 1 contract

Sources: Business Combination Agreement (Thunder Bridge Capital Partners IV, Inc.)

Effect of the Merger. At the Effective Time, the effect of the Merger shall be as provided in this Agreement, the Certificate Plan of Merger and the applicable provisions of the DGCLNew York Limited Liability Company Law. Without limiting the generality of the foregoing, and subject thereto, at the Effective Time, all the property, rights, privileges, agreements, powers and franchises, debts, Liabilities, duties and obligations of Merger Sub and the Company Shorepower shall become the property, rights, privileges, agreements, powers and franchises, debts, Liabilities, duties and obligations of the Surviving Corporation, which shall include the assumption by the Surviving Corporation of any and all agreements, covenants, duties and obligations of Merger Sub and the Company Shorepower set forth in this Agreement to be performed after the Effective Time.

Appears in 1 contract

Sources: Merger Agreement (United States Basketball League Inc)

Effect of the Merger. At the Effective Time, the effect of the Merger shall be as provided in this Agreement, the Certificate of Merger and the applicable provisions of the DGCLDLLCA. Without limiting the generality of the foregoing, and subject thereto, at the Effective Time, all the property, rights, privileges, agreements, powers and franchises, debts, Liabilitiesliabilities, duties and obligations of Merger Sub and the Company shall become the property, rights, privileges, agreements, powers and franchises, debts, Liabilitiesliabilities, duties and obligations of the Surviving CorporationCompany, which shall include the assumption by the Surviving Corporation Company of any and all agreements, covenants, duties and obligations of Merger Sub and the Company set forth in this Agreement to be performed after the Effective Time.

Appears in 1 contract

Sources: Business Combination Agreement (Inflection Point Acquisition Corp. II)

Effect of the Merger. At the Effective Time, the effect of the Merger shall be as provided in this Agreement, the Certificate of Merger Agreement and the applicable provisions of the DGCL. Without limiting the generality of the foregoing, and subject thereto, at the Effective Time, all the property, rights, privileges, agreements, powers and franchises, debts, Liabilitiesliabilities, duties and obligations of Merger Sub and the Company shall become the property, rights, privileges, agreements, powers and franchises, debts, Liabilitiesliabilities, duties and obligations of the Surviving CorporationEntity, which shall include the assumption by the Surviving Corporation Entity of any and all agreements, covenants, duties and obligations of Merger Sub and the Company set forth in this Agreement to be performed after the Effective Time.

Appears in 1 contract

Sources: Merger Agreement (AltC Acquisition Corp.)

Effect of the Merger. (a) At the Effective Time, the effect of the Merger shall be as provided in this Agreement, the Certificate Plan of Merger and the applicable provisions of the CICA and the DGCL. Without limiting the generality of the foregoing, and subject thereto, at the Effective Time, all the property, rights, privileges, agreements, powers and franchises, debts, Liabilitiesliabilities, duties and obligations of Merger Sub and the Company shall become the property, rights, privileges, agreements, powers and franchises, debts, Liabilitiesliabilities, duties and obligations of the Surviving CorporationEntity, which shall include the assumption by the Surviving Corporation Entity of any and all agreements, covenants, duties and obligations of Merger Sub and the Company set forth in this Agreement to be performed after the Effective Time.

Appears in 1 contract

Sources: Merger Agreement (Churchill Capital Corp IV)

Effect of the Merger. At the Effective Time, the effect of the Merger shall be as provided in this Agreement, the Certificate of Merger and the applicable provisions of the DGCLGBCC. Without limiting the generality of the foregoing, and subject thereto, at the Effective Time, all the property, rights, privileges, agreements, powers and franchises, debts, Liabilities, duties and obligations of Merger Sub and the Company shall become the property, rights, privileges, agreements, powers and franchises, debts, Liabilities, duties and obligations of the Surviving Corporation, which shall include the assumption by the Surviving Corporation of any and all agreements, covenants, duties and obligations of Merger Sub and the Company set forth in this Agreement to be performed after the Effective Time.

Appears in 1 contract

Sources: Merger Agreement (Global Blockchain Acquisition Corp.)

Effect of the Merger. At the Effective Time, the effect of the Merger shall be as provided in this Agreement, the Certificate Articles of Merger and the applicable provisions of the DGCLNRS. Without limiting the generality of the foregoing, and subject thereto, at the Effective Time, all the property, rights, privileges, agreements, powers and franchises, debts, Liabilitiesliabilities, duties and obligations of Merger Sub and the Company Doge shall become the property, rights, privileges, agreements, powers and franchises, debts, Liabilitiesliabilities, duties and obligations of the Surviving Corporation, which shall include the assumption by the Surviving Corporation of any and all agreements, covenants, duties and obligations of Merger Sub and the Company Doge set forth in this Agreement to be performed after the Effective Time.

Appears in 1 contract

Sources: Merger Agreement (THUMZUP MEDIA Corp)

Effect of the Merger. At the Effective Time, the effect of the Merger shall be as provided in this Agreement, the Certificate of Merger and the applicable provisions of the DGCL. Without limiting the generality of the foregoing, and subject thereto, at the Effective Time, all the property, rights, privileges, agreements, powers and franchises, debts, Liabilitiesliabilities, duties and obligations of Merger Sub and the Company Quantum shall become the property, rights, privileges, agreements, powers and franchises, debts, Liabilitiesliabilities, duties and obligations of the Surviving Corporation, which shall include the assumption by the Surviving Corporation of any and all agreements, covenants, duties and obligations of Merger Sub and the Company Quantum set forth in this Agreement to be performed after the Effective Time.

Appears in 1 contract

Sources: Merger Agreement (Quantum FinTech Acquisition Corp)