Cancellation of Company-Owned Stock. Each share of Company Common Stock held by Company or any direct or indirect wholly-owned subsidiary of Company immediately prior to the Effective Time shall be canceled and extinguished without any conversion thereof.
Appears in 6 contracts
Samples: Agreement and Plan of Merger and Reorganization (Medical Dynamics Inc), Agreement and Plan of Reorganization (Go2net Inc), Agreement and Plan of Merger (Practice Works Inc)
Cancellation of Company-Owned Stock. Each share of Company Common Stock held owned by the Company or any direct or indirect wholly-owned subsidiary of the Company immediately prior to the Effective Time shall be canceled and extinguished without any conversion thereof.
Appears in 3 contracts
Samples: Agreement and Plan of Reorganization (Polycom Inc), Escrow Agreement (American Business Information Inc /De), Agreement and Plan of Reorganization (New Era of Networks Inc)
Cancellation of Company-Owned Stock. Each share of Company Common Stock held that is owned by the Company or any direct or indirect wholly-owned subsidiary of Company its Subsidiaries immediately prior to the Effective Time shall automatically be canceled and extinguished without any conversion thereofretired and shall cease to exist, and no consideration shall be delivered in exchange therefor.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Usani LLC), Agreement and Plan of Merger (Usani LLC)
Cancellation of Company-Owned Stock. Each share of Company Common Capital Stock held owned by the Company or any direct or indirect wholly-owned subsidiary of the Company immediately prior to the Merger Effective Time shall be canceled and extinguished without any conversion thereof.
Appears in 1 contract
Cancellation of Company-Owned Stock. Each share of Company Common Stock held owned by the Company or any direct or indirect wholly-owned subsidiary of the Company Subsidiaries immediately prior to the Effective Time shall be automatically canceled and extinguished without any conversion thereofexchange thereof and without any further action on the part of Buyer, Merger Sub or the Company.
Appears in 1 contract
Cancellation of Company-Owned Stock. Each share of Company Common Stock and Company Preferred Stock held by Company or any direct or indirect wholly-owned subsidiary of the Company immediately prior to the Effective Time shall be canceled and extinguished without any conversion thereof.
Appears in 1 contract
Cancellation of Company-Owned Stock. Each share of Company Common Stock held by Company or any direct or indirect wholly-owned subsidiary of Company immediately prior to the Effective Time shall be canceled cancelled and extinguished without any conversion thereof.
Appears in 1 contract
Cancellation of Company-Owned Stock. Each share of Company Common Stock held owned by Company or any direct or indirect wholly-owned subsidiary of the Company immediately prior to the Effective Time shall be canceled and extinguished without any conversion thereof.
Appears in 1 contract
Samples: Amended and Restated Agreement and Plan of Merger (North American Scientific Inc)
