Common use of Terms and Conditions of the Merger Clause in Contracts

Terms and Conditions of the Merger. (a) The terms and conditions of the Merger, including the manner and basis of converting shares in each Constituent Company into shares in the Surviving Company or other property as provided in Section 233(5) of the Companies Act, are set out in the Merger Agreement. (b) PubCo undertakes and agrees (it being acknowledged that PubCo will be the sole shareholder of the Surviving Company following the effectiveness of the Merger) in consideration of the Merger to issue the Merger Consideration (as defined in the Merger Agreement) in accordance with the terms of the Merger Agreement. (c) At the Effective Time, the rights and restrictions attaching to the shares in the Surviving Company shall be as set out in the Existing M&A.

Appears in 1 contract

Sources: Agreement and Plan of Merger (Cartica Acquisition Corp)

Terms and Conditions of the Merger. ​ (a) The terms and conditions of the Merger, including the manner and basis of converting shares in each Constituent Company into shares in the Surviving Company or other property as provided in Section section 233(5) of the Companies Act, including into PubCo Ordinary Shares, are set out in the Merger Business Combination Agreement.. ​ (b) PubCo undertakes and agrees (it being acknowledged that PubCo will be the sole shareholder of the Surviving Company following the effectiveness of after the Merger) in consideration of the Merger to issue the Merger Consideration (as defined in the Merger Business Combination Agreement) in accordance with the terms of the Merger Business Combination Agreement. (c) At the Effective Time, the rights and restrictions attaching to the shares in the Surviving Company shall be are as set out in the Existing M&A.

Appears in 1 contract

Sources: Business Combination Agreement (Leibovitch Yoav)

Terms and Conditions of the Merger. (a) The terms and conditions of the Merger, including the manner and basis of converting shares in each Constituent Company into shares in the Surviving Company or other property as provided in Section section 233(5) of the Companies ActAct (including into PubCo Ordinary Shares), are set out in the Merger Business Combination Agreement. (b) PubCo undertakes and agrees (it being acknowledged that PubCo will be the sole shareholder of the Surviving Company following the effectiveness of after the Merger) in consideration of the Merger to issue the Acquisition Merger Consideration (as defined in the Merger Business Combination Agreement) in accordance with the terms of the Merger Business Combination Agreement. (c) At the Effective Time, the rights and restrictions attaching to the shares in the Surviving Company shall be as are set out in the Existing Restated M&A.

Appears in 1 contract

Sources: Business Combination Agreement (Prenetics Global LTD)

Terms and Conditions of the Merger. (a) The terms and conditions of the Merger, including the manner and basis of converting shares in each Constituent Company into shares in the Surviving Company or other property as provided in Section section 233(5) of the Companies Act, including into PubCo Ordinary Shares, are set out in the Merger Business Combination Agreement. (b) PubCo undertakes and agrees (it being acknowledged that PubCo will be the sole shareholder of the Surviving Company following the effectiveness of after the Merger) in consideration of the Merger to issue the Merger Consideration (as defined in the Merger Business Combination Agreement) in accordance with the terms of the Merger Business Combination Agreement. (c) At the Effective Time, the rights and restrictions attaching to the shares in the Surviving Company shall be are as set out in the Existing M&A.

Appears in 1 contract

Sources: Business Combination Agreement (Endurance Acquisition Corp.)

Terms and Conditions of the Merger. (a) The terms and conditions of the Merger, including the manner and basis of converting shares in each Constituent Company into shares in the Surviving Company or other property as provided in Section section 233(5) of the Companies ActAct (including into PubCo Ordinary Shares), are set out in the Merger Business Combination Agreement. (b) PubCo undertakes and agrees (it being acknowledged that PubCo will be the sole shareholder of the Surviving Company following the effectiveness of after the Merger) in consideration of the Merger to issue the Initial Merger Consideration (as defined in the Merger Business Combination Agreement) in accordance with the terms of the Merger Business Combination Agreement. (c) At the Effective Time, the rights and restrictions attaching to the shares in the Surviving Company shall be as are set out in the Existing Restated M&A.

Appears in 1 contract

Sources: Business Combination Agreement (Prenetics Global LTD)