Common use of Effect of the Transaction Clause in Contracts

Effect of the Transaction. Upon consummation of the Subject Securities Exchange Transaction, and the Related Transactions taken as a whole, and by operation of law without any action on the part of FIND or any of the other Parties, ACS shall have become a wholly-owned subsidiary of FIND.

Appears in 7 contracts

Sources: Securities Exchange Agreement (Findex Com Inc), Securities Exchange Agreement (Findex Com Inc), Securities Exchange Agreement (Findex Com Inc)