Cancellation of Company-Owned Stock. Each share of Company Stock that is held in the treasury of the Company shall automatically be canceled and retired and shall cease to exist, and no consideration shall be delivered in exchange therefor.
Appears in 4 contracts
Samples: Agreement and Plan of Merger (Barpoint Com Inc), Agreement and Plan of Merger (Grant Ventures Inc), Agreement and Plan of Merger (Grant Ventures Inc)
Cancellation of Company-Owned Stock. Each share of Company Stock All Shares (if any) that is are held in the treasury of the Company or by any wholly owned subsidiary of the Company and any Shares owned by Purchaser or any wholly owned subsidiary of Purchaser shall automatically be canceled and retired and shall cease to exist, cancelled and no consideration shall be delivered in exchange therefor.
Appears in 3 contracts
Samples: Agreement and Plan of Merger (Winsloew Furniture Inc), Agreement and Plan of Merger (Winsloew Furniture Inc), Agreement and Plan of Merger (Winsloew Furniture Inc)
Cancellation of Company-Owned Stock. Each share of All Company Stock Shares (if any) that is are held in the treasury of the Company or by any wholly owned subsidiary of the Company shall automatically be canceled 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 (Railtex Inc), Agreement and Plan of Merger (Railamerica Inc /De)
Cancellation of Company-Owned Stock. Each share of Company Stock All Shares (if any) that is are held in the treasury of the Company or by any wholly owned subsidiary of the Company shall automatically be canceled 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 (Rgi Holdings Inc), Agreement and Plan of Merger (Legend Properties Inc)
Cancellation of Company-Owned Stock. Each At the Effective Time, each share of Company Common Stock that is held in the treasury of the Company immediately prior to the Effective Time shall automatically be canceled cancelled and retired and shall cease to exist, and no consideration cash, stock or other property shall be delivered in exchange therefor.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Mantech International Corp)
Cancellation of Company-Owned Stock. Each At the Effective Time and by virtue of the Merger and without any action on the part of Parent, Merger Sub, or the Company, each share of Company Capital Stock that is held in the treasury of by the Company immediately prior to the Effective Time shall automatically be canceled and cancelled, retired and shall cease to exist, exist and no consideration shall be delivered in exchange therefor.
Appears in 1 contract
Cancellation of Company-Owned Stock. Each share of Company Capital Stock that is issued and outstanding immediately prior to the Effective Time and held in the treasury of the Company or owned by the Company or any direct or indirect subsidiary the Company shall automatically be canceled and retired and shall cease to exist, extinguished without any conversion thereof and no consideration payment shall be delivered in exchange thereformade with respect thereto.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Adc Telecommunications Inc)
Cancellation of Company-Owned Stock. Each share of Company Capital Stock that is held in owned by the treasury Company or any direct or indirect wholly owned subsidiary of the Company at the Effective Time shall automatically be canceled and retired and shall cease to existextinguished without any conversion thereof, and no consideration payment or distribution shall be delivered in exchange thereformade with respect thereto.
Appears in 1 contract
