Common use of Statutory Merger Clause in Contracts

Statutory Merger. Subject to the terms and conditions and ---------------- in reliance upon the representations, warranties, covenants and agreements contained herein, Newco shall merge with and into the Company at the Effective Time. The terms and conditions of the Merger and the mode of carrying the same into effect shall be as set forth in this Plan. As a result of the Merger, the constituent corporations shall be a single corporation which shall be the Company as the corporation herein designated as the Surviving Corporation, and the separate corporate existence of each of the constituent corporations shall cease except that of the Company, which shall continue as the Surviving Corporation.

Statutory Merger. Subject to the terms and conditions and ---------------- in reliance upon the representations, warranties, covenants and agreements contained herein, Newco the Company shall merge with and into the Company Newco at the Effective Time. The terms and conditions of the Merger and the mode of carrying the same into effect shall be as set forth in this PlanAgreement. As a result of the Merger, the constituent corporations shall be a single corporation which shall be the Company as the corporation herein designated as the Surviving Corporation, and the separate corporate existence of each of the constituent corporations Company shall cease except that of the Company, which and Newco shall continue as the Surviving Corporation.