Examples of Second Surviving Corporation in a sentence
Anything herein to the contrary notwithstanding, none of the Company, Parent, either Merger Sub, the First Surviving Corporation, the Second Surviving Corporation, the Exchange Agent or any other Person shall be liable to any former holder of shares of Company Common Stock or Company Preferred Stock for any amount properly delivered to a public official pursuant to any applicable abandoned property, escheat or similar Law.
Whenever this Agreement requires a Subsidiary of the Company to take any action, such requirement shall be deemed to include an undertaking on the part of the Company to cause such Subsidiary to take such action, and after the First Effective Time, on the part of the First Surviving Corporation or the Second Surviving Corporation, as applicable, to cause such Subsidiary to take such action.
Except as otherwise provided in Section 2.2(b)(ii), all transfer, documentary, sales, use, stamp, registration and other similar Taxes and fees imposed with respect to, or as a result of, the Mergers shall be borne by Parent, the First Surviving Corporation or the Second Surviving Corporation, and expressly shall not be a liability of holders of Company Common Stock or Company Preferred Stock.
From and after the Control Date, Parent shall assume, be jointly and severally liable for, and honor, guarantee and stand surety for, and shall cause the Second Surviving Corporation and its Subsidiaries to honor, in accordance with their respective terms, each of the covenants contained in this Section 5.11.
If, after the First Effective Time, Certificates or Book-Entry Shares are presented to the Second Surviving Corporation, Parent or the Exchange Agent for transfer or any other reason, the holder of any such Certificates or Book-Entry Shares shall be given a copy of the letter of transmittal referred to in Section 2.2(b) and instructed to comply with the instructions in that letter of transmittal in order to receive the consideration to which such holder is entitled pursuant to this Article 2.
The Articles of Incorporation of Buyer in effect immediately prior to the effective time of the Second Step Merger shall be the Articles of Incorporation of the Second Surviving Corporation until otherwise duly amended or repealed.
Immediately following the First Step Merger, the Seller will be merged (the "Second Step Merger") into the Buyer with the Buyer being the surviving corporation (the "Second Surviving Corporation") of the Second Step Merger.
The Bylaws of Buyer in effect immediately prior to the effective time of the Second Step Merger shall be the Bylaws of the Second Surviving Corporation until otherwise duly amended or repealed.
The directors of Buyer in office immediately prior to the effective time of the Second Step Merger, together with such additional persons as may thereafter be elected, shall serve as the directors of the Second Surviving Corporation from and after the effective time of the Second Step Merger in accordance with the Second Surviving Corporation's Bylaws, until the earlier of their resignation or removal or otherwise ceasing to be a director.
Subject to the terms and conditions of this Agreement and the Second Step Plan of Merger, immediately following the First Step Merger, pursuant to and with the effect provided in Section 14-2-1101 of the GBCC, the First Surviving Corporation shall merge with and into Buyer with Buyer being the Second Surviving Corporation, shall continue to be governed by the Laws of the State of Georgia.