Common use of Net Effect Clause in Contracts

Net Effect. The net effect of the exchange of Colorado Corporation Equity Interests for equal North Dakota Corporation Equity Interests shall be that the holders of Colorado Corporation Equity Interests standing on the books of the Colorado Corporation immediately prior to the Effective Time shall hold and will have equal North Dakota Corporation Equity Interests immediately following the Effective Time, in terms of stated dollar amount on a dollar-for-dollar basis and any other rights and preferences.

Net Effect. The net effect of the exchange of Colorado Corporation Equity Interests for equal North Dakota Corporation Equity Interests shall be that the holders of Colorado Corporation Equity Interests standing on the books of the Colorado Corporation immediately prior to the Effective Time effective time of the Dakota Pasta Merger shall hold and will have equal North Dakota Corporation Equity Interests immediately following the Effective Timeeffective time of the Dakota Pasta Merger, in terms of stated dollar amount on a dollar-for-dollar basis and any other rights and preferences.