Cancellation of Company Common Stock. At the Effective Time, all Company Shares owned by the Company, Parent, Merger Sub or by any of their respective direct or indirect wholly owned subsidiaries shall be cancelled and shall cease to exist, and no consideration shall be delivered in exchange therefor.
Appears in 3 contracts
Samples: Agreement and Plan of Merger (Warner Chilcott LTD), Agreement and Plan of Merger (Allergan Inc), Agreement and Plan of Merger (Actavis PLC)
Cancellation of Company Common Stock. At Notwithstanding anything in the Agreement to the contrary, at the Effective Time, all shares of Company Shares Common Stock that are owned by the Company, Parent, Merger Sub Company or by Parent or any of their respective direct or indirect wholly owned subsidiaries shall Subsidiaries will be cancelled and shall will cease to exist, exist and no stock of Parent or other consideration shall will be delivered in exchange therefor.
Appears in 3 contracts
Samples: Agreement and Plan of Merger (Hewitt Associates Inc), Agreement and Plan of Merger (Hewitt Associates Inc), Agreement and Plan of Merger (Exult Inc)
Cancellation of Company Common Stock. At the Effective Time, all All shares of Company Shares Common Stock that are owned directly or indirectly by the Company, Parent, Merger Sub Company or Upgrade or by any of their respective direct the Company Subsidiaries (as defined below) or indirect wholly owned subsidiaries Upgrade immediately prior to the Merger shall be cancelled and shall cease to exist, canceled and no stock of Upgrade or other consideration shall be delivered in exchange therefor.. In this Agreement, "
Appears in 2 contracts
Samples: Agreement and Plan of Reorganization (Upgrade International Corp /Fl/), Agreement and Plan of Reorganization (Pathways Group Inc)
Cancellation of Company Common Stock. At the First Effective Time, all Company Shares owned by the Company, Parent, the Merger Sub Subs or by any of their respective direct or indirect wholly owned subsidiaries Subsidiaries shall be cancelled and shall cease to exist, and no consideration shall be delivered in exchange therefortherefor (collectively, the “Cancelled Shares”).
Appears in 2 contracts
Samples: Agreement and Plan of Reorganization (AbbVie Inc.), Agreement and Plan of Reorganization (Pharmacyclics Inc)
Cancellation of Company Common Stock. At the Effective Time, all All shares of Company Shares Common Stock owned by the Company, Parent, Merger Sub or by any of their respective direct or indirect wholly owned subsidiaries Subsidiaries shall be cancelled and shall cease to exist, and no consideration shall be delivered in exchange therefor.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Sentio Healthcare Properties Inc)
Cancellation of Company Common Stock. At the First Effective Time, all Company Shares owned by the Companyany Company Subsidiary, Parent, US Holdco, the Merger Sub Subs or by any of their respective direct or indirect wholly owned subsidiaries Subsidiaries shall be cancelled and shall cease to exist, and no consideration shall be delivered in exchange therefor.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Forest Laboratories Inc)
Cancellation of Company Common Stock. At the Effective Time, all Each share of Company Shares Common Stock owned by any of the Company, Parent, Merger Sub Company Parties or any wholly owned Company Subsidiary and each share of Company Common Stock owned by any of the Parent Parties or any of their respective direct or indirect wholly owned subsidiaries Subsidiaries, in each case, as of immediately prior to the Company Merger Effective Time, shall be cancelled canceled and shall cease to exist, and no consideration shall be delivered in exchange therefor.
Appears in 1 contract
