Opinion ID: 418100
Heading Depth: 1
Heading Rank: 4

Heading: certain effects of merger

Text: When the merger becomes effective, the separate existence of Mayer shall cease, Mayer shall be merged into Warnaco Subsidiary and the Surviving Corporation, without further action, shall succeed to and shall possess and enjoy all the rights, privileges, powers, and franchises as well of a public as of a private nature, and be subject to all the restrictions, disabilities, and duties of Mayer ... provided, however, that all rights of creditors and all liens upon the property of Mayer shall be preserved unimpaired, and all debts, liabilities, and duties of Mayer shall thenceforth attach to the Surviving Corporation, and may be enforced against it to the same extent as if they had been incurred or contracted by it and the Surviving Corporation shall thenceforth be responsible and liable for all the liabilities, obligations and penalties of Mayer under existing leases and guaranties of leases.... ....