Common use of Cancellation of Certain Shares Clause in Contracts

Cancellation of Certain Shares. Each share of capital stock of the Company held in treasury of the Company shall automatically be cancelled and retired and shall cease to exist, and no consideration shall be delivered in exchange therefor.

Appears in 2 contracts

Samples: Merger Agreement (800america Com Inc), Merger Agreement and Plan (800america Com Inc)

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Cancellation of Certain Shares. Each issued and outstanding share of capital stock of the Company Capital Stock that is held in treasury of the Company or owned by the Company, Parent or Merger Sub (collectively, “Treasury Shares”) shall automatically be cancelled and retired and shall cease to exist, and no consideration shall be delivered in exchange therefor.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Demand Media Inc.), Unconditional Secured Guaranty and Pledge Agreement (Mandalay Digital Group, Inc.)

Cancellation of Certain Shares. Each issued and outstanding share of capital stock of the Company Capital Stock that is held in treasury of the Company or owned by Company, Parent or Merger Sub shall automatically be cancelled and retired and shall cease to exist, and no consideration shall be delivered in exchange therefor.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Rentech Inc /Co/)

Cancellation of Certain Shares. Each share Any shares of capital stock Company Stock held by Parent (or any of its Subsidiaries) or by the Company, other than those held in a fiduciary capacity or as a result of debts previously contracted ("Treasury Shares"), shall be canceled and retired at the Effective Time of the Company held in treasury of the Company shall automatically be cancelled and retired and shall cease to exist, Merger and no consideration shall be delivered issued in exchange therefortherefore.

Appears in 1 contract

Samples: Agreement and Plan of Merger (First Community Bancorp /Ca/)

Cancellation of Certain Shares. Each share of capital stock of All Shares that are owned by Parent, Merger Sub 1, Merger Sub 2 or the Company held in (as treasury stock or otherwise) or any of the Company their respective direct or indirect wholly owned Subsidiaries shall automatically be cancelled and retired and shall cease to exist, and no consideration shall be delivered in exchange therefor.

Appears in 1 contract

Samples: Agreement and Plan of Merger (ChaSerg Technology Acquisition Corp)

Cancellation of Certain Shares. Each issued and outstanding share of capital stock of the Company Common Stock that is held in treasury of the Company or owned by the Company, Parent or Merger Sub (collectively, “Treasury Shares”) shall automatically be cancelled and retired and shall cease to exist, and no consideration shall be delivered in exchange therefor.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Ballard Power Systems Inc.)

Cancellation of Certain Shares. Each share of capital stock of the Company Capital Stock that is held in the treasury of the Company and each share of Company Capital Stock owned by Parent, Merger Sub or any other wholly owned subsidiary of Parent shall automatically be cancelled canceled and retired and shall cease to exist, and no consideration shall be delivered in exchange therefor.

Appears in 1 contract

Samples: Agreement and Plan of Merger and Reorganization (Turnstone Biologics Corp.)

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Cancellation of Certain Shares. Each share of capital stock of that is owned by Parent, Merger Sub or the Company held in (as treasury stock or otherwise) or any of the Company their respective direct or indirect wholly-owned Subsidiaries shall automatically be cancelled and retired and shall cease to exist, and no consideration shall be delivered in exchange therefortherefor (such shares collectively, the “Cancelled Shares”).

Appears in 1 contract

Samples: Agreement and Plan of Merger (OncoCyte Corp)

Cancellation of Certain Shares. Each share of capital stock of the Company held in the Company’s treasury of immediately prior to the Company Effective Time, if any, shall automatically cease to be outstanding and shall be cancelled and retired and shall cease to exist, and no consideration shall be delivered in exchange therefor.

Appears in 1 contract

Samples: Agreement of Merger (Avago Technologies LTD)

Cancellation of Certain Shares. Each share of Company capital stock of that is owned by Parent, Merger Sub or the Company held in (as treasury stock or otherwise) or any of the Company their respective direct or indirect wholly-owned Subsidiaries shall automatically be cancelled and retired and shall cease to exist, and no consideration shall be delivered in exchange therefortherefor (such shares collectively, the “Cancelled Shares”).

Appears in 1 contract

Samples: Agreement and Plan of Merger (OncoCyte Corp)

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