Cancellation of Parent Ordinary Shares Owned by Parent. At the Redomestication Effective Time, if there are any Parent Ordinary Shares that are owned by the Parent as treasury shares or any Parent Ordinary Shares owned by any direct or indirect Subsidiary of the Parent immediately prior to the Effective Time, such shares shall be canceled and extinguished without any conversion thereof or payment therefor.
Appears in 3 contracts
Samples: Merger and Share Exchange Agreement (Glori Energy Inc.), Merger and Share Exchange Agreement (Glori Energy Inc.), Merger and Share Exchange Agreement (Infinity Cross Border Acquisition Corp)
Cancellation of Parent Ordinary Shares Owned by Parent. At the Redomestication Effective Time, if there are any Parent Ordinary Shares that are owned by the Parent as treasury shares or any Parent Ordinary Shares owned by any direct or indirect Subsidiary wholly owned subsidiary of the Parent immediately prior to the Effective Time, such shares shall be canceled and extinguished without any conversion thereof or payment therefor.
Appears in 3 contracts
Samples: Merger and Share Exchange Agreement (BGS Acquisition Subsidiary, Inc.), Merger and Share Exchange Agreement (BGS Acquisition Corp.), Merger and Share Exchange Agreement (China VantagePoint Acquisition Co)
Cancellation of Parent Ordinary Shares Owned by Parent. At the Redomestication Effective Time, if there are any Parent Ordinary Shares that are owned by the Parent as treasury shares or any Parent Ordinary Shares owned by any direct or indirect Subsidiary wholly owned subsidiary of the Parent immediately prior to the Redomestication Effective Time, such shares shall be canceled and extinguished without any conversion thereof or payment therefor.
Appears in 2 contracts
Samples: Merger Agreement (Hudson Capital Inc.), Merger Agreement (E-Compass Acquisition Corp.)
Cancellation of Parent Ordinary Shares Owned by Parent. At the Redomestication Reincorporation Effective Time, if there are any Parent Ordinary Shares that are owned by the Parent as treasury shares or any Parent Ordinary Shares owned by any direct or indirect Subsidiary wholly owned subsidiary of the Parent immediately prior to the Reincorporation Effective TimeTime (the “Parent Excluded Shares”), such shares shall be canceled and extinguished without any conversion thereof or payment therefor.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Goldenbridge Acquisition LTD), Agreement and Plan of Merger (Goldenbridge Acquisition LTD)
Cancellation of Parent Ordinary Shares Owned by Parent. At the Redomestication Reincorporation Effective Time, if there are any Parent Ordinary Shares that are owned by the Parent as treasury shares or any Parent Ordinary Shares owned by any direct or indirect Subsidiary of the Parent immediately prior to the Reincorporation Effective Time, such shares shall be canceled and extinguished without any conversion thereof or payment therefor.
Appears in 1 contract
Cancellation of Parent Ordinary Shares Owned by Parent. At the Redomestication Reincorporation Effective Time, if there are any Parent Ordinary Shares that are owned by the Parent as treasury shares or any Parent Ordinary Shares owned by any direct or indirect Subsidiary of the Parent immediately prior to the Reincorporation Effective TimeTime (collectively, the “Parent Excluded Shares”), such shares shall be canceled and extinguished without any conversion thereof or payment therefor.
Appears in 1 contract
Samples: Merger Agreement (Model Performance Acquisition Corp)
