Common use of Cancellation of Certain Company Common Shares Clause in Contracts

Cancellation of Certain Company Common Shares. Each Company Common Share that is owned by the Company as treasury stock and all Company Common Shares that are owned by Parent shall be canceled and shall cease to exist, and no stock of Parent or other consideration shall be delivered in exchange therefor. All references to Company Common Shares include the Rights attached thereto.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Minnesota Mining & Manufacturing Co), Agreement and Plan of Merger (Robinson Nugent Inc)

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Cancellation of Certain Company Common Shares. Each common share, without par value, of the Company (the "Company Common Share Shares"), that is owned by the Company as treasury stock shares and all Company Common Shares that are owned by Parent shall be canceled and shall cease to exist, and no stock of Parent or other consideration shall be delivered in exchange therefor. All references to Company Common Shares include the Rights attached thereto.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Berkshire Energy Resources), Agreement and Plan of Merger (Energy East Corp)

Cancellation of Certain Company Common Shares. Each Company Common Share that is owned by Parent, Merger Sub or the Company (as treasury stock shares or otherwise) or any of their respective direct or indirect wholly-owned Subsidiaries will automatically be cancelled and all Company Common Shares that are owned by Parent shall be canceled retired and shall will cease to exist, and no stock of Parent or other consideration shall will be delivered in exchange therefor. All references to Company Common Shares include the Rights attached thereto.

Appears in 1 contract

Samples: Agreement and Plan of Merger (STEINER LEISURE LTD)

Cancellation of Certain Company Common Shares. Each Company Common Share that is owned by Shares of the Company as treasury stock and all Company Common Shares (the “Shares”) that are owned by Parent Parent, Merger Sub or the Company (as treasury stock or otherwise) or any of their respective direct or indirect wholly-owned Subsidiaries shall automatically be canceled cancelled and retired and shall cease to exist, and no stock of Parent or other consideration shall be delivered in exchange therefor. All references to Company Common Shares include the Rights attached thereto.

Appears in 1 contract

Samples: Agreement and Plan of Merger (SRAX, Inc.)

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Cancellation of Certain Company Common Shares. Each Company Common Share that is owned by the Company as treasury stock and all The Company Common Shares that are owned by Parent the Company (as treasury stock or otherwise) shall automatically be canceled cancelled and retired and shall cease to exist, and no stock of Parent or other consideration shall be delivered in exchange therefor. All references to Company Common Shares include the Rights attached thereto.

Appears in 1 contract

Samples: Agreement and Plan of Merger (SRAX, Inc.)

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