Common use of Membership Interests of Merger Sub Clause in Contracts

Membership Interests of Merger Sub. All of the membership interests of Merger Sub (the "Merger Sub Membership Interests") that are issued and outstanding immediately prior to the Effective Time shall be converted into an aggregate of one thousand (1,000) fully paid and nonassessable common shares, without par value, of the Surviving Company.

Appears in 2 contracts

Sources: Merger Agreement (Berkshire Energy Resources), Merger Agreement (Energy East Corp)