Common use of Effect on Merger Sub Common Stock Clause in Contracts

Effect on Merger Sub Common Stock. Each share of common stock, par value $0.01 per share, of Merger Sub (the “Merger Sub Common Stock”) issued and outstanding immediately prior to the Effective Time shall no longer be outstanding, shall be converted into one share of common stock, par value $0.0001 per share, of the Surviving Corporation, and shall be canceled and retired immediately after the Effective Time.

Appears in 2 contracts

Sources: Business Combination Agreement (Globe Specialty Metals Inc), Business Combination Agreement (Globe Specialty Metals Inc)

Effect on Merger Sub Common Stock. Each share The common stock of common stockMerger Sub, par value $0.01 per share, of Merger Sub share (the “Merger Sub Common Stock”) ), issued and outstanding immediately prior to the Effective Time shall no longer be outstanding, remain outstanding and shall be converted into one share of constitute the only outstanding common stock, par value $0.0001 per share, stock of the Surviving Corporation, and shall be canceled and retired immediately after the Effective TimeCompany.

Appears in 2 contracts

Sources: Merger Agreement (Hudson City Bancorp Inc), Merger Agreement (M&t Bank Corp)

Effect on Merger Sub Common Stock. Each At the Effective Time, each share of common stock, par value $0.01 per share, of Merger Sub (the “Merger Sub Common Stock”) issued and outstanding immediately prior to the Effective Time shall no longer be outstanding, shall be converted into one share of common stock, par value $0.0001 per share, of Merger Sub issued and outstanding immediately prior to the Effective Time shall automatically be converted into and become one (1) fully paid and nonassessable share of common stock of the Surviving Corporation and shall constitute the only outstanding share of capital stock of the Surviving Corporation, and shall be canceled and retired immediately after the Effective Time.

Appears in 1 contract

Sources: Merger Agreement (Sportradar Group AG)

Effect on Merger Sub Common Stock. Each At the First Effective Time, each issued and outstanding share of the common stock, par value $0.01 per share, of Merger Sub (the “Merger Sub Common Stock”) issued and outstanding immediately prior to the Effective Time shall no longer be outstanding, 1 shall be converted into and become one fully paid and nonassessable share of common stock, par value $0.0001 per share, stock of the First Surviving Corporation and shall constitute the only outstanding shares of capital stock of the First Surviving Corporation, and shall be canceled and retired immediately after the Effective Time.

Appears in 1 contract

Sources: Merger Agreement (Teladoc, Inc.)

Effect on Merger Sub Common Stock. Each share of common stock, par value $0.01 per share, stock of Merger Sub (the “Merger Sub Common Stock”) Sub, without par value, issued and outstanding immediately prior to the Effective Time shall no longer be outstanding, shall be converted into and become one share of common stock, par value $0.0001 0.001 per share, of the Surviving CorporationCompany with the same rights, powers and privileges as the shares so converted and shall be canceled and retired immediately after constitute the Effective Timeonly outstanding capital stock of the Surviving Company.

Appears in 1 contract

Sources: Merger Agreement (Teekay Tankers Ltd.)