Cancellation of Treasury Stock. Each Common Share that is owned by the Company or by any wholly owned subsidiary of the Company shall automatically be canceled and retired and shall cease to exist, and no cash or other consideration shall be delivered or deliverable in exchange therefor.
Cancellation of Treasury Stock. Each share of Company Common Stock that is owned by the Company (as treasury stock or otherwise), automatically shall be canceled and retired and shall cease to exist, and no shares of Parent Common Stock, cash or other consideration shall be delivered in exchange therefor.
Cancellation of Treasury Stock. Each share of Company Stock held in the Company’s treasury immediately prior to the Effective Time shall be canceled, retired and cease to exist.
Cancellation of Treasury Stock. Any Company Capital Stock that is owned by the Company and not issued and outstanding as of the Effective Time, and any Company Capital Stock that is owned by any Subsidiary of the Company as of the Effective Time shall, in each case, be automatically canceled and shall cease to exist and no consideration shall be delivered in exchange therefor.
Cancellation of Treasury Stock. Each share of Company Common Stock that is owned by the Company immediately prior to the Parent Merger Effective Time shall automatically be canceled and shall cease to exist, and no consideration shall be delivered in exchange therefor.
Cancellation of Treasury Stock. All shares of common stock, of Xxxxx, par value $10.00 per share ("Xxxxx Common Stock"), that are owned by Xxxxx as treasury stock shall be canceled and retired and shall cease to exist and no stock of Buyer or other consideration shall be delivered in exchange therefor.
Cancellation of Treasury Stock. Each share of Company Common Stock that is owned by the Company shall automatically be cancelled and retired and shall cease to exist, and no consideration shall be delivered in exchange therefor. Each share of Company Common Stock owned by Merger Sub or a subsidiary of Parent or Merger Sub shall be converted pursuant to the Merger as provided in Section 2.1(c) and Section 2.2. Notwithstanding Section 2.1(c) and Section 2.2, each share of Company Common Stock owned by Parent or a subsidiary of the Company shall be converted into Parent Common Stock (as defined below).
Cancellation of Treasury Stock. 3 (c) Exchange Ratio for Company Common Stock..........................3 (d) Cancellation of Company Common Stock.............................3 SECTION 2.2. Surrender of Certificates......................................4 SECTION 2.3. Fractional Shares..............................................6 SECTION 2.4. Closing........................................................7 SECTION 2.5. Stock Option Plans.............................................7 SECTION 2.6. Employee Stock Purchase Plan...................................8
Cancellation of Treasury Stock. Each share of Target Common Stock and Target Preferred Stock that is owned by the Target shall automatically be cancelled and retired and shall cease to exist, and no consideration shall be delivered in exchange therefor.
Cancellation of Treasury Stock. Each share of Common Stock held ------------------------------ in the treasury of the Company immediately prior to the Effective Time shall be cancelled and extinguished without any conversion thereof.
