The Asset Contribution. Upon the effectiveness of this Agreement, (a) B&W shall contribute, assign, convey, transfer and deliver to B&W Opco, and B&W Opco shall acquire and accept from B&W, all right, title and interest of B&W in and to the Contributed Assets and (b) B&W Opco shall issue to B&W [ ] fully paid and nonassessable shares of B&W Opco Common Stock, representing all of the outstanding capital stock of B&W Opco.
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Sources: Business Combination Agreement (Rj Reynolds Tobacco Holdings Inc)
The Asset Contribution. Upon the effectiveness of this Agreement, (a) B&W shall contribute, assign, convey, transfer and deliver to B&W Opco, and B&W Opco shall acquire and accept from B&W, all right, title and interest of B&W in and to the Contributed Assets and (b) Assets. B&W Opco shall issue has previously issued to B&W [ ] 100 fully paid and nonassessable shares of B&W Opco Common Stock, representing all of the outstanding capital stock of B&W Opco.
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