Common use of Cancellation of Treasury Stock and Buyer-Owned Stock Clause in Contracts

Cancellation of Treasury Stock and Buyer-Owned Stock. All shares of common stock, $0.01 par value per share, of the Company (“Company Common Stock”) that are owned by the Company as treasury stock or by any wholly owned Subsidiary of the Company and any shares of Company Common Stock owned by the Buyer, the Transitory Subsidiary or any other wholly owned Subsidiary of the Buyer immediately prior to the Effective Time shall be cancelled and shall cease to exist and no stock of the Buyer or other consideration shall be delivered in exchange therefor.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Gensym Corp), Agreement and Plan of Merger (BJS Wholesale Club Inc), Agreement and Plan of Merger (I Many Inc)

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Cancellation of Treasury Stock and Buyer-Owned Stock. All shares Each share of common stockstock of the Company, $0.01 par value $0.02 per share, of including the associated Company Rights (as defined herein) (the “Company Common Stock”) that are ), owned by the Company as treasury stock or by any wholly owned Subsidiary of the Company and any shares of Company Common Stock owned by the Buyer, the Transitory Subsidiary or any other wholly of its wholly-owned Subsidiary subsidiaries or held by Buyer or any of the Buyer its wholly-owned subsidiaries immediately prior to the Effective Time shall automatically be cancelled cancelled, retired and shall cease to exist exist, and no stock of the Buyer consideration or other consideration payment shall be delivered in exchange therefortherefor or in respect thereof.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Bentley Pharmaceuticals Inc), Agreement and Plan of Merger (Teva Pharmaceutical Industries LTD), Agreement and Plan of Merger (Teva Pharmaceutical Industries LTD)

Cancellation of Treasury Stock and Buyer-Owned Stock. All shares of common stock, $0.01 no par value per sharevalue, of the Company (“Company Common Stock”) ), that are owned by the Company as treasury stock stock, or by any wholly owned Subsidiary of the Company and any shares of Company Common Stock owned by the Buyer, Buyer or the Transitory Subsidiary Merger Sub or any other wholly owned Subsidiary of the Buyer immediately prior to the Effective Time shall be cancelled and shall cease to exist and no stock of the Buyer or other consideration shall be delivered in exchange therefor.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (General Electric Co), Agreement and Plan of Merger (Vital Signs Inc)

Cancellation of Treasury Stock and Buyer-Owned Stock. All shares of common stock, $0.01 par value per share, of the Company (“Company Common Stock”) that are owned by the Company as treasury stock or by any wholly owned Subsidiary of the Company and any shares of Company Common Stock owned by the Buyer, the Transitory Subsidiary Merger Sub or any other wholly owned Subsidiary of the Buyer immediately prior to the Effective Time shall be cancelled and shall cease to exist and no stock of the Buyer or other consideration shall be delivered in exchange therefortherefore.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Aspect Communications Corp), Agreement and Plan of Merger (Concerto Software Inc)

Cancellation of Treasury Stock and Buyer-Owned Stock. All shares of common stock, $0.01 no par value per sharevalue, of the Company ("Company Common Stock") that are owned by the Company as treasury stock or by any wholly owned Subsidiary (as defined in Section 3.1) of the Company and any shares of Company Common Stock owned by the Buyer, the Transitory Subsidiary or any other wholly owned Subsidiary of the Buyer immediately prior to the Effective Time shall be cancelled canceled and retired and shall cease to exist and no stock of the Buyer or other consideration shall be delivered in exchange therefor.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Prodigy Communications Corp), Agreement and Plan of Merger (Prodigy Communications Corp)

Cancellation of Treasury Stock and Buyer-Owned Stock. All shares ---------------------------------------------------- of common stock, $0.01 .0001 par value per share, of the Company ("Company Common Stock") that are owned by the Company as treasury stock or by any wholly owned Subsidiary (as defined in Section 3.1) of the Company and any shares of Company Common Stock owned by the Buyer, the Transitory Subsidiary or any other wholly owned Subsidiary of the Buyer immediately prior to the Effective Time shall be cancelled canceled and retired and shall cease to exist and no stock of the Buyer or other consideration shall be delivered in exchange therefor.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Cmgi Inc), Agreement and Plan of Merger (Flycast Communications Corp)

Cancellation of Treasury Stock and Buyer-Owned Stock. All shares of common stock, $0.01 par value per share, of the Company (“Company Common Stock”) that are owned by the Company as treasury stock or by any wholly owned Subsidiary of the Company and any shares of Company Common Stock owned by the Buyer, the Transitory Subsidiary Merger Sub or any other wholly owned Subsidiary of the Buyer immediately prior to the Effective Time shall be cancelled and shall cease to exist and no stock of the Buyer or other consideration shall be delivered in exchange therefor.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Rsa Security Inc/De/), Agreement and Plan of Merger (Emc Corp)

Cancellation of Treasury Stock and Buyer-Owned Stock. All shares of common stock, $0.01 par value per share, of the Company (“Company Common Stock”) that are owned by the Company as treasury stock or by any wholly owned Subsidiary of the Company and any shares of Company Common Stock owned by the Buyer, the Transitory Merger Subsidiary or any other wholly owned Subsidiary of the Buyer immediately prior to the Effective Time shall be cancelled and shall cease to exist exist, and no stock of the Buyer or other consideration shall be delivered in exchange therefor.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Palomar Medical Technologies Inc), Agreement and Plan of Merger (Palomar Medical Technologies Inc)

Cancellation of Treasury Stock and Buyer-Owned Stock. All shares of common stock, $0.01 0.001 par value per share, of the Company (“Company Common Stock”) that are owned by the Company as treasury stock or by any wholly owned Subsidiary subsidiary of the Company and any shares of Company Common Stock owned by the Buyer, the Transitory Subsidiary Merger Sub or any other wholly owned Subsidiary subsidiary of the Buyer immediately prior to the Effective Time shall be cancelled and shall cease to exist and no stock of the Buyer or other consideration shall be delivered in exchange therefor.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Advanced Analogic Technologies Inc), Agreement and Plan of Merger (Skyworks Solutions, Inc.)

Cancellation of Treasury Stock and Buyer-Owned Stock. All shares of common stock, $0.01 par value per share, of the Company (“Company Common Stock”) that are owned by the Company as treasury stock Company, or by any wholly owned Subsidiary of the Company and any shares of Company Common Stock owned by the Buyer, Buyer or the Transitory Subsidiary or any other wholly owned Subsidiary of the Buyer immediately prior to the Effective Time shall be cancelled and shall cease to exist and no stock of the Buyer or other consideration shall be delivered in exchange therefor.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (General Electric Co), Agreement and Plan of Merger (Idx Systems Corp)

Cancellation of Treasury Stock and Buyer-Owned Stock. All shares of common stock, $0.01 0.001 par value per share, of the Company (“Company Common Stock”) that are owned by the Company as treasury stock or by any wholly owned Subsidiary of the Company and any shares of Company Common Stock owned by the Buyer, the Transitory Subsidiary or any other wholly owned Subsidiary of the Buyer immediately prior to the Effective Time shall be cancelled and shall cease to exist and no stock of the Buyer or other consideration shall be delivered in exchange therefor. Shares of Company Common Stock owned by any wholly owned Subsidiary of the Company shall remain outstanding.

Appears in 1 contract

Samples: Terms   Agreement (Airvana Inc)

Cancellation of Treasury Stock and Buyer-Owned Stock. All shares of common stock, $0.01 .001 par value per share, of the Company ("Company Common Stock") that are owned by the Company as treasury stock or by any wholly owned Subsidiary of the Company and any shares of Company Common Stock owned by the Buyer, Buyer or the Transitory Subsidiary or any other wholly owned Subsidiary of the Buyer immediately prior to the Effective Time shall be cancelled and shall cease to exist and no stock of the Buyer or other consideration shall be delivered in exchange therefor.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Genaissance Pharmaceuticals Inc)

Cancellation of Treasury Stock and Buyer-Owned Stock. All shares ---------------------------------------------------- of common stock, $0.01 .0001 par value per share, of the Company ("Company Common Stock") that are owned by the Company as treasury stock or by any wholly owned Subsidiary of the Company and any shares of Company Common Stock owned by the Buyer, Buyer or the Transitory Subsidiary or any other wholly owned Subsidiary of the Buyer immediately prior to the Effective Time shall be cancelled canceled and shall cease to exist and no stock of the Buyer or other consideration shall be delivered in exchange therefor.

Appears in 1 contract

Samples: Agreement and Plan of Merger and Reorganization (Cmgi Inc)

Cancellation of Treasury Stock and Buyer-Owned Stock. All shares of common stock, $0.01 par value per share, of the Company (“Company Common Stock”) that are owned by the Company as treasury stock or by any wholly owned Subsidiary of the Company and any shares of Company Common Stock owned by the Buyer, the Transitory Subsidiary or any other wholly wholly-owned Subsidiary of the Buyer immediately prior to the Effective Time shall be cancelled and shall cease to exist exist, and no stock of the Buyer or other consideration shall be delivered in exchange therefor.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Google Inc.)

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Cancellation of Treasury Stock and Buyer-Owned Stock. All shares of common ---------------------------------------------------- stock, $0.01 .001 par value per share, of the Company ("Company Common Stock") that are owned by the Company as treasury stock or by any wholly owned Subsidiary of the Company and any shares of Company Common Stock owned by the Buyer, Buyer or the Transitory Subsidiary or any other wholly owned Subsidiary of the Buyer immediately prior to the Effective Time shall be cancelled canceled and shall cease to exist and no stock of the Buyer or other consideration shall be delivered in exchange therefor.

Appears in 1 contract

Samples: Agreement and Plan of Merger and Reorganization (Cmgi Inc)

Cancellation of Treasury Stock and Buyer-Owned Stock. All shares of common stock, $0.01 .002 par value per share, of the Company ("Company Common Stock") that are owned by the Company as treasury stock or by any wholly owned Subsidiary of the Company and any shares of Company Common Stock owned by the Buyer, the Transitory Subsidiary or any other wholly owned Subsidiary of the Buyer immediately prior to the Effective Time shall be cancelled and shall cease to exist and no stock of the Buyer or other consideration shall be delivered in exchange therefor.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Perkinelmer Inc)

Cancellation of Treasury Stock and Buyer-Owned Stock. All Except as provided below in Section 2.1(c), all shares of common stock, $0.01 0.001 par value per share, of the Company (“Company Common Stock”) that are owned by the Company as treasury stock or by any wholly owned Subsidiary of the Company and any shares of Company Common Stock owned by the Buyer, the Transitory Subsidiary Buyer or any other wholly owned Subsidiary of the Buyer immediately prior to the Effective Time shall be cancelled and shall cease to exist and no stock of the Buyer or other consideration payment shall be made or consideration delivered in exchange thereforrespect thereof.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Serena Software Inc)

Cancellation of Treasury Stock and Buyer-Owned Stock. All shares of common stock, $0.01 par value per share, of the Company (“Company Common Stock”) that are owned by the Company as treasury stock or by any wholly owned Subsidiary of the Company and any shares of Company Common Stock owned by the Buyer, the Transitory Subsidiary or any other wholly wholly-owned Subsidiary of the Buyer immediately prior to the Effective Time shall be cancelled and shall cease to exist and no stock of the Buyer or other consideration shall be delivered in exchange therefor.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Kronos Inc)

Cancellation of Treasury Stock and Buyer-Owned Stock. All shares of the Company’s common stock, $0.01 1.00 par value per share, of the Company share (“Company Common Stock” or “Common Stock) ), that are owned by the Company as treasury stock or by any wholly owned Subsidiary (as defined in Section 3.1) of the Company and any shares of Company Common Stock owned by the Buyer, the Transitory Subsidiary Buyer or any other wholly owned Subsidiary of the Buyer immediately prior to the Effective Time shall be cancelled and shall cease to exist and no stock of the Buyer or other consideration shall be delivered in exchange therefor.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Commercial Net Lease Realty Inc)

Cancellation of Treasury Stock and Buyer-Owned Stock. All shares of common stock, $0.01 par value per share, stock of the Company (“Company Common Stock”) that are owned by the Company as (i) held in treasury stock or by any wholly owned Subsidiary of the Company and any shares of Company Common Stock or (ii) owned by the Buyer, the Transitory Subsidiary Merger Sub or any other wholly wholly-owned Subsidiary of the Buyer immediately prior to the Effective Time Time, if any, shall be cancelled and shall cease to exist and no stock of the Buyer or other consideration shall be delivered in exchange therefor.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Zomax Inc /Mn/)

Cancellation of Treasury Stock and Buyer-Owned Stock. All shares of common stock, $0.01 par value per share, of the Company (“Company Common Stock”) that are owned by the Company as treasury stock or by any wholly owned Subsidiary of the Company and any shares Each share of Company Common Stock owned by the Buyer, the Transitory Subsidiary Company or any other wholly of its wholly-owned Subsidiary subsidiaries or held by Buyer or any of the Buyer its wholly-owned subsidiaries immediately prior to the Effective Time shall automatically be cancelled cancelled, retired and shall cease to exist exist, and no stock of the Buyer consideration or other consideration payment shall be delivered in exchange therefortherefor or in respect thereof.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Digital Generation, Inc.)

Cancellation of Treasury Stock and Buyer-Owned Stock. All shares of common stock, $0.01 par value per share, of the Company (“Company Common Stock”) that are owned by the Company as treasury stock or by any wholly owned Subsidiary of the Company and any shares of Company Common Stock owned by the Buyer, the Transitory Subsidiary or any other wholly owned Subsidiary of the Buyer immediately prior to the Effective Time shall be cancelled and shall cease to exist and no stock of the Buyer payment or distribution or other consideration shall be delivered in exchange thereforwith respect thereto.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Matrixone Inc)

Cancellation of Treasury Stock and Buyer-Owned Stock. All shares of common stock, $0.01 par value per share, of the Company (“Company Common Stock”) that are owned by the Company as treasury stock or by any wholly owned Subsidiary of the Company and any shares of Company Common Stock owned by the Buyer, Buyer or the Transitory Subsidiary or any other wholly owned Subsidiary of the Buyer immediately prior to the Effective Time shall be cancelled and shall cease to exist and no stock of the Buyer or other consideration shall be delivered in exchange therefor.

Appears in 1 contract

Samples: Agreement and Plan of Merger (American Dental Partners Inc)

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