Common use of Shares of Common Stock of Merger Sub Clause in Contracts

Shares of Common Stock of Merger Sub. Each share of common stock of Merger Sub issued and outstanding immediately prior to the Effective Time shall be converted into and be exchanged for a newly and validly issued, fully paid and nonassessable share of common stock of the Surviving Corporation such that immediately following the Effective Time, Parent will be the sole and exclusive owner of the shares of capital stock of the Surviving Corporation.

Appears in 2 contracts

Sources: Merger Agreement (Mentor Graphics Corp), Merger Agreement (Integra Lifesciences Holdings Corp)

Shares of Common Stock of Merger Sub. Each share of common stock of Merger Sub issued and outstanding immediately prior to the Effective Time shall automatically be converted into and be exchanged for a newly and thereafter represent one validly issued, fully paid and nonassessable share of common stock of the Surviving Corporation such that immediately following the Effective Time, Parent Buyer will be the sole and exclusive owner of the shares of all capital stock of the Surviving Corporation.

Appears in 1 contract

Sources: Merger Agreement (Check Point Software Technologies LTD)

Shares of Common Stock of Merger Sub. Each share of common stock of Merger Sub issued and outstanding immediately prior to the Effective Time shall automatically be converted into and be exchanged for a newly and thereafter represent one validly issued, fully paid and nonassessable share of common stock of the Surviving Corporation such that immediately following the Effective Time, Parent Buyer will be the sole and exclusive owner of the shares of capital stock of the Surviving Corporation.

Appears in 1 contract

Sources: Merger Agreement (Cnet Networks Inc)