Common use of Cancellation of Certain Shares Clause in Contracts

Cancellation of Certain Shares. Each share of Company Common Stock owned by the Company as treasury stock or owned by Xxxxxx Sub immediately before the Effective Time or that was irrevocably accepted by Merger Sub in the Offer (collectively, the “Excluded Shares”) shall be canceled automatically and shall cease to exist, and no consideration shall be paid for those Excluded Shares.

Appears in 7 contracts

Samples: Agreement and Plan of Merger (GreenLight Biosciences Holdings, PBC), Agreement and Plan of Merger (Kodiak Venture Partners Iii Lp), Agreement and Plan of Merger (RiverRoad Capital Partners, LLC)

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Cancellation of Certain Shares. Each share of Company Common Stock issued and outstanding immediately prior to the Effective Time that is owned or held in treasury by the Company as treasury stock or owned by Xxxxxx Sub immediately before the Effective Time or that was irrevocably accepted by Parent, Merger Sub in the Offer (collectively, the “Excluded Shares”) or any of their respective Subsidiaries shall be canceled automatically cancelled and shall cease to exist, and no consideration shall be paid for those Excluded Shares.delivered in exchange therefor

Appears in 4 contracts

Samples: Agreement and Plan of Merger (Allergan PLC), Agreement and Plan of Merger (Kythera Biopharmaceuticals Inc), Agreement and Plan of Merger (Kythera Biopharmaceuticals Inc)

Cancellation of Certain Shares. Each share of Company Common Stock owned by the Company as treasury stock or owned by Xxxxxx Merger Sub immediately before the Effective Time or that was irrevocably accepted by Merger Sub in the Offer (collectively, the “Excluded Shares”) shall be canceled automatically and shall cease to exist, and no consideration shall be paid for those Excluded Shares.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Carbon Black, Inc.), Agreement and Plan of Merger (Vmware, Inc.)

Cancellation of Certain Shares. Each share of Company Common Stock owned by the Company as treasury stock or any of its direct or indirect wholly owned Subsidiaries, or owned by Xxxxxx Guarantor, Parent or Merger Sub (including any shares of Common Stock acquired by Merger Sub in the Offer), in each case, both at the commencement of the Offer and immediately before the Effective Time or that was irrevocably accepted by Merger Sub in the Offer (collectively, the “Excluded Shares”) ), shall be canceled automatically automatically, be extinguished and shall cease to exist, and no consideration shall be paid for those Excluded Shares.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Mitel Networks Corp), Agreement and Plan of Merger (ShoreTel Inc)

Cancellation of Certain Shares. Each share of Company Common Stock issued and outstanding immediately prior to the Effective Time that is owned or held in treasury by the Company as treasury stock or owned by Xxxxxx Sub immediately before the Effective Time or that was irrevocably accepted by Parent, Merger Sub in the Offer (collectively, the “Excluded Shares”) or any of their respective Subsidiaries shall be canceled automatically cancelled and shall cease to exist, and no consideration shall be paid for those Excluded Sharesdelivered in exchange therefor.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Indivior PLC), Agreement and Plan of Merger (Indivior PLC)

Cancellation of Certain Shares. Each share of Company Common Stock owned by the Company as treasury stock stock, or owned by Xxxxxx any direct or indirect wholly owned Subsidiary of the Company, or owned by Parent or Outerwall Merger Sub including any shares of Common Stock acquired by Outerwall Merger Sub in the Offer, in each case immediately before the Effective Time or that was irrevocably accepted by Merger Sub in the Offer (collectively, the “Excluded Shares”) ), shall be canceled automatically automatically, be extinguished and shall cease to exist, and no consideration shall be paid for those Excluded Shares.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Outerwall Inc)

Cancellation of Certain Shares. Each share of Company Common Stock owned by the Company as treasury stock or owned by Xxxxxx Mxxxxx Sub immediately before the Effective Time or that was irrevocably accepted by Merger Sub in the Offer (collectively, the “Excluded Shares”) shall be canceled automatically and shall cease to exist, and no consideration shall be paid for those Excluded Shares.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Lewis & Clark Ventures I, LP)

Cancellation of Certain Shares. Each share of Company Common Stock owned by the Company as treasury stock or owned by Xxxxxx Merger Sub immediately before the Effective Time or that was irrevocably accepted by Merger Sub in the Offer (collectively, the “Excluded Shares”) shall be canceled automatically and shall cease to exist, and no consideration shall be paid for those Excluded Shares.

Appears in 1 contract

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

Cancellation of Certain Shares. Each share of Company Common Stock owned by the Company as treasury stock stock, or owned by Xxxxxx Parent or Merger Sub (including any shares of Common Stock acquired by Merger Sub in the Offer), in each case, both at the commencement of the Offer and immediately before the Effective Time or that was irrevocably accepted by Merger Sub in the Offer (collectively, the “Excluded Shares”) ), shall be canceled automatically automatically, be extinguished and shall cease to exist, and no consideration shall be paid for those Excluded Shares.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Air Methods Corp)

Cancellation of Certain Shares. Each share of Company Common Stock owned by the Company as treasury stock or owned by Xxxxxx Parent or Merger Sub (or their respective wholly-owned subsidiaries) immediately before the Effective Time or that was irrevocably accepted for purchase by Merger Sub in the Offer (collectively, the “Excluded Shares”) shall be canceled automatically and shall cease to exist, and no consideration shall be paid for those Excluded Shares.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Qumu Corp)

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Cancellation of Certain Shares. Each share of Company Common Stock or Class A Stock owned by the Company as treasury stock or owned by Xxxxxx Merger Sub immediately before the Effective Time or that was irrevocably accepted for purchase by Merger Sub in the Offer (collectively, the “Excluded Shares”) shall be canceled automatically and shall cease to exist, and no consideration in the Merger shall be paid for those Excluded Shares.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Dover Motorsports Inc)

Cancellation of Certain Shares. Each share of Company Common Stock owned by the Company as treasury stock or owned by Xxxxxx Sub Parent or any or its direct or indirect Subsidiaries (including Merger Sub) immediately before the Effective Time or that was irrevocably accepted by Merger Sub in the Offer (collectively, the “Excluded Shares”) shall be canceled automatically and shall cease to exist, and no consideration shall be paid in exchange for those Excluded Shares.

Appears in 1 contract

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

Cancellation of Certain Shares. Each share of Company Common Stock owned by the Company as treasury stock or owned by Xxxxxx Merger Sub immediately before the Effective Time or that was irrevocably accepted for purchase by Merger Sub in the Offer (collectively, the “Excluded Shares”) shall be canceled automatically and shall cease to exist, and no consideration shall be paid for those Excluded Shares.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Papa Murphy's Holdings, Inc.)

Cancellation of Certain Shares. Each At the Effective Time, each share of Company Common Stock that is owned by the Company as treasury stock or owned by Xxxxxx Sub otherwise, if any, or Purchaser, or any Subsidiary of Purchaser (including Merger Sub) immediately before prior to the Effective Time or that was irrevocably accepted by Merger Sub in the Offer (collectivelyTime, the “Excluded Shares”) shall be canceled automatically and shall cease to existbe outstanding, and no consideration shall be paid for those Excluded Sharescancelled and retired without any conversion thereof and without payment of any consideration therefor.

Appears in 1 contract

Samples: Agreement and Plan of Merger (GLAUKOS Corp)

Cancellation of Certain Shares. Each share of Company Common Stock issued and outstanding immediately prior to the Effective Time that is owned or held in treasury by the Company as treasury stock or owned by Xxxxxx Sub immediately before the Effective Time or that was irrevocably accepted by Parent, Merger Sub in the Offer (collectively, the “Excluded Shares”) or any of their respective Subsidiaries shall be canceled automatically cancelled and shall cease to exist, and no consideration shall be paid for those Excluded Sharesdelivered in exchange therefor.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Repros Therapeutics Inc.)

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