Common use of Effects of the Share Exchange Clause in Contracts

Effects of the Share Exchange. The Share Exchange shall have the effects set forth in the CRS and the WRS. Without limiting the generality of the foregoing, and subject thereto, at the Effective Time, all the properties, rights, privileges, powers of E-RENTER shall vest in the Acquiring Corporation, and E-RENTER shall remain a wholly owned subsidiary of HAIDA GWAI.

Appears in 4 contracts

Sources: Share Exchange Agreement (E-RenterUSA, Inc.), Share Exchange Agreement (E-RenterUSA, Inc.), Share Exchange Agreement (E-RenterUSA, Inc.)