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

Cancellation of Treasury Stock and Parent-Owned Stock. All Shares that are held in the treasury of the Company or owned of record by any Company Subsidiary, and all Shares owned of record by Parent, the Purchaser or any of their respective wholly-owned Subsidiaries shall be cancelled and shall cease to exist, with no payment being made with respect thereto.

Appears in 10 contracts

Samples: Agreement and Plan of Merger, Agreement and Plan of Merger, Agreement and Plan of Merger (Allergan Inc)

AutoNDA by SimpleDocs

Cancellation of Treasury Stock and Parent-Owned Stock. All Shares that are held in the treasury of owned by the Company or owned of record by and any Company Subsidiary, and all Shares owned of record by Parent, the Purchaser or any of their respective wholly-owned Subsidiaries subsidiaries or affiliates shall be cancelled and shall cease to exist, with and no payment being made with respect theretoconsideration shall be delivered in exchange therefor.

Appears in 9 contracts

Samples: Agreement and Plan of Merger (Teradyne, Inc), Agreement and Plan of Merger (Tb Woods Corp), Agreement and Plan of Merger (Nextest Systems Corp)

Cancellation of Treasury Stock and Parent-Owned Stock. All Shares that are held in the treasury of owned by the Company or owned of record by as treasury stock and any Company Subsidiary, and all Shares owned of record by Parent, the Purchaser or any other wholly owned Subsidiary of their respective wholly-owned Subsidiaries Parent shall be cancelled and retired and shall cease to exist, with exist and no payment being made with respect theretoconsideration shall be delivered in exchange therefor.

Appears in 9 contracts

Samples: Agreement and Plan of Merger (Communications Central Inc), Agreement and Plan of Merger (Riddell Sports Inc), Agreement and Plan of Merger (Measurex Corp /De/)

Cancellation of Treasury Stock and Parent-Owned Stock. All Shares that are Each Share held in the treasury of the Company or and each Share owned of record by any Company SubsidiaryMerger Sub, and all Shares owned of record by Parent, the Purchaser Parent or any direct or indirect wholly owned subsidiary of their respective wholly-owned Subsidiaries Parent shall automatically be canceled without any conversion thereof and no payment or distribution shall be cancelled and shall cease to exist, with no payment being made with respect thereto.

Appears in 7 contracts

Samples: Agreement and Plan of Merger (Brands Holdings LTD), Agreement and Plan of Merger (Nuco2 Inc /Fl), Agreement and Plan of Merger (Horowitz Seth)

Cancellation of Treasury Stock and Parent-Owned Stock. All Shares that are held in the treasury of the Company or owned of record by any Company Subsidiary, and all Shares owned of record by Parent, the Purchaser Merger Sub or any of their respective wholly-owned Subsidiaries shall Subsidiaries, will be cancelled and shall will cease to exist, with no payment being made with respect thereto.

Appears in 6 contracts

Samples: Agreement and Plan of Merger (Thoratec Corp), Agreement and Plan of Merger (St Jude Medical Inc), Agreement and Plan of Merger (Reckitt Benckiser Group PLC)

Cancellation of Treasury Stock and Parent-Owned Stock. All Shares that are held in the treasury of owned by the Company or owned of record by as treasury stock and any Company Subsidiary, and all Shares owned of record by Parent, the Purchaser or any of their respective other wholly-owned Subsidiaries subsidiary of Parent shall automatically be cancelled and retired and shall cease to exist, with and no payment being made with respect theretoconsideration shall be delivered in exchange therefor.

Appears in 5 contracts

Samples: Agreement and Plan of Merger (Openwave Systems Inc), Agreement and Plan of Merger (Signalsoft Corp), Agreement and Plan of Merger (Vixel Corp)

Cancellation of Treasury Stock and Parent-Owned Stock. All Shares that are held in the treasury of the Company or owned of record by any Company SubsidiaryCompany, and all Shares owned of record by Parent, the Purchaser Merger Sub or any of their respective wholly-wholly owned Subsidiaries shall Subsidiaries, will be cancelled and shall will cease to exist, with no payment being made with respect thereto.

Appears in 4 contracts

Samples: Agreement and Plan of Merger (Jetblue Airways Corp), Agreement and Plan of Merger (Spirit Airlines, Inc.), Agreement and Plan of Merger (Jetblue Airways Corp)

Cancellation of Treasury Stock and Parent-Owned Stock. All Shares that are owned by or held in the treasury of the Company or owned of record by any Company SubsidiaryCompany, and all Shares owned of record by Parent, the Purchaser Parent or any of their respective direct or indirect wholly-owned Subsidiaries of Parent (including the Purchaser) or the Company, shall be automatically cancelled and shall cease to exist, with no payment being made with respect theretoin exchange therefor.

Appears in 4 contracts

Samples: Agreement and Plan of Merger (Extreme Networks Inc), Agreement and Plan of Merger (Aerohive Networks, Inc), Agreement and Plan of Merger (GigPeak, Inc.)

Cancellation of Treasury Stock and Parent-Owned Stock. All Shares that are held in the treasury of the Company or owned of record by any Company SubsidiaryCompany, and all Shares owned of record by Parent, the Purchaser Parent or any of their respective its direct or indirect wholly-owned Subsidiaries Subsidiaries, including the Purchaser, shall be cancelled and shall cease to exist, with no payment being made with respect thereto.

Appears in 4 contracts

Samples: Agreement and Plan of Merger (Red Cat Holdings, Inc.), Agreement and Plan of Merger (Red Cat Holdings, Inc.), Agreement and Plan of Merger (Interclick, Inc.)

Cancellation of Treasury Stock and Parent-Owned Stock. All Shares that are held in the treasury of the Company or owned of record by any Company SubsidiaryCompany, and all Shares owned of record by Parent, the Purchaser Merger Sub or any of their respective wholly-owned Subsidiaries shall Subsidiaries, will be cancelled and shall will cease to exist, with no payment being made with respect thereto.

Appears in 4 contracts

Samples: Agreement and Plan of Merger (Alaska Air Group, Inc.), Agreement and Plan of Merger (Virgin America Inc.), Agreement and Plan of Merger (Alaska Air Group, Inc.)

Cancellation of Treasury Stock and Parent-Owned Stock. All Shares that are held in the treasury of the Company or owned of record by any of the Subsidiaries of the Company (each a “Company Subsidiary” and collectively, the “Company Subsidiaries”), and all Shares owned of record by Parent, the Purchaser Merger Sub or any of their respective wholly-owned Subsidiaries shall be cancelled and shall cease to exist, with no payment being made with respect thereto.

Appears in 4 contracts

Samples: Agreement and Plan of Merger, Agreement and Plan of Merger (Avis Budget Group, Inc.), Agreement and Plan of Merger (Zipcar Inc)

Cancellation of Treasury Stock and Parent-Owned Stock. All Shares that are held in the treasury of the Company or owned of record by any Company Subsidiary, and all Shares owned of record by Parent, the Purchaser or any of their respective wholly-owned Subsidiaries direct or indirect Subsidiaries, including pursuant to the Top Up Option, shall automatically be cancelled and shall cease to exist, with no payment being made with respect thereto.

Appears in 3 contracts

Samples: Agreement and Plan of Merger, Agreement and Plan of Merger (Quest Diagnostics Inc), Agreement and Plan of Merger (Celera CORP)

Cancellation of Treasury Stock and Parent-Owned Stock. All Shares that are held in the treasury of the Company or owned of record by any Company SubsidiaryCompany, and all Shares owned of record by Parent, the Purchaser Parent or any of their respective its direct or indirect wholly-owned Subsidiaries Subsidiaries, including the Purchaser, shall be automatically cancelled and shall cease to exist, with no payment being made with respect theretoin exchange therefor.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Emulex Corp /De/), Agreement and Plan of Merger (Integrated Device Technology Inc), Agreement and Plan of Merger (PLX Technology Inc)

Cancellation of Treasury Stock and Parent-Owned Stock. All Shares ----------------------------------------------------- that are held in the treasury of owned by the Company or owned of record by as treasury stock and any Company Subsidiary, and all Shares owned of record by Parent, the Purchaser or any of their respective other wholly-owned Subsidiaries Subsidiary of Parent shall be cancelled and retired and shall cease to exist, with and no payment being made with respect theretoconsideration shall be delivered in exchange therefor.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Cendant Corp), Agreement and Plan of Merger (Sage Group PLC), Agreement and Plan of Merger (Cheap Tickets Inc)

Cancellation of Treasury Stock and Parent-Owned Stock. All Shares that are held in the treasury of the Company or owned of record by any Company SubsidiaryCompany, and all Shares owned of record by Parent, the Purchaser Merger Sub or any of their respective wholly-owned Subsidiaries shall of the Company, Parent or Merger Sub, will be cancelled and shall will cease to exist, with no payment being made with respect thereto.

Appears in 3 contracts

Samples: Agreement and Plan of Merger, Agreement and Plan of Merger (Jacobs Engineering Group Inc /De/), Agreement and Plan of Merger (Ch2m Hill Companies LTD)

Cancellation of Treasury Stock and Parent-Owned Stock. All Shares that are held in the treasury of the Company or owned of record by any Company SubsidiarySubsidiary that is directly or indirectly wholly-owned by the Company, and all Shares owned of record by Parent, the Purchaser Merger Sub or any of their respective direct or indirect wholly-owned Subsidiaries shall be cancelled and shall cease to exist, with no payment being made with respect thereto.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Callidus Software Inc), Agreement and Plan of Merger (Concur Technologies Inc), Agreement and Plan of Merger (Concur Technologies Inc)

Cancellation of Treasury Stock and Parent-Owned Stock. All Common Shares that are held in the treasury of the Company or owned of record by any Company Subsidiary, and all Common Shares owned of record by Parent, the Purchaser or any of their respective wholly-owned Subsidiaries shall be cancelled and shall cease to exist, with no payment being made with respect thereto.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Dreams Inc), Agreement and Plan of Merger (Dreams Inc)

Cancellation of Treasury Stock and Parent-Owned Stock. All Shares that are held in the treasury of owned by the Company or owned of record by as treasury stock and any Company Subsidiary, and all Shares owned of record by Parent, the Purchaser or any other wholly owned Subsidiary of their respective wholly-owned Subsidiaries Parent shall be cancelled canceled and retired and shall cease to exist, with exist and no payment being made with respect theretoconsideration shall be delivered in exchange therefor.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (American Medserve Corp), Agreement and Plan of Merger (Omnicare Inc)

Cancellation of Treasury Stock and Parent-Owned Stock. All Shares that are held in the treasury of the Company or owned of record by any Company Subsidiary, and all Shares owned of record by Guarantor, Parent, the Purchaser Merger Sub or any of their respective wholly-wholly owned Subsidiaries shall be cancelled and shall cease to exist, with no payment being made with respect theretoto such Shares.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Valeant Pharmaceuticals International, Inc.), Agreement and Plan of Merger (Salix Pharmaceuticals LTD)

Cancellation of Treasury Stock and Parent-Owned Stock. All Shares that are held in the treasury of the Company or owned of record by any Company Subsidiary, Subsidiary and all Shares owned of record by Parent, the Purchaser Merger Sub or any of their respective wholly-owned Subsidiaries shall be cancelled immediately prior to the Effective Time and shall cease to exist, with no payment being made with respect thereto.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Nicor Inc), Agreement and Plan of Merger (Agl Resources Inc)

Cancellation of Treasury Stock and Parent-Owned Stock. All Shares that are held in the treasury of the Company or owned of record by any Company SubsidiarySubsidiary that is directly or indirectly wholly-owned by the Company, and all Shares owned of record by Parent, the Purchaser or any of their respective direct or indirect wholly-owned Subsidiaries shall be cancelled and shall cease to exist, with no payment being made with respect thereto.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (SuccessFactors, Inc.), Agreement and Plan of Merger (Sybase Inc)

Cancellation of Treasury Stock and Parent-Owned Stock. All Shares Each Share that are is held in the treasury of by the Company as treasury stock, or owned of record by any Company Subsidiary, and all Shares owned of record by Parentthe Company, the Purchaser Company Subsidiaries, Parent or any of their respective wholly-owned Subsidiaries Sub shall no longer be cancelled outstanding and shall automatically be canceled and retired and shall cease to exist, with and no payment being made with respect theretoconsideration shall be delivered in exchange therefor.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (CFC International Inc), Agreement and Plan of Merger (Illinois Tool Works Inc)

Cancellation of Treasury Stock and Parent-Owned Stock. All Shares Each Share that are is held in the treasury of by the Company as treasury stock, or owned of record by any Company Subsidiary, and all Shares owned of record by Parentthe Company, the Purchaser Company Subsidiaries, Parent Sub, or any other Subsidiary of their respective wholly-owned Subsidiaries Parent shall no longer be cancelled outstanding and shall automatically be canceled and retired and shall cease to exist, with and no payment being made with respect theretoconsideration shall be delivered in exchange therefor.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Click Commerce Inc), Agreement and Plan of Merger (Illinois Tool Works Inc)

Cancellation of Treasury Stock and Parent-Owned Stock. All Shares that are held in the treasury of owned by the Company or owned of record by and any Company Subsidiary, and all Shares owned of record by Parent, the Purchaser or any of their respective wholly-owned Subsidiaries immediately prior to the Effective Time shall be cancelled and shall cease to exist, with and no payment being made with respect theretoconsideration shall be delivered in exchange therefor.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Johnson & Johnson), Agreement and Plan of Merger (Cougar Biotechnology, Inc.)

Cancellation of Treasury Stock and Parent-Owned Stock. All Shares that are held in the treasury of owned by the Company or owned of record by as treasury stock and any Company Subsidiary, and all Shares owned of record by Parent, the Purchaser or any other wholly owned Subsidiary of their respective wholly-owned Subsidiaries Parent shall be cancelled and retired and shall cease to exist, with and no payment being made with respect theretoconsideration shall be delivered in exchange therefor.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Cypress Communications Inc), Agreement and Plan of Merger (U S Realtel Inc)

Cancellation of Treasury Stock and Parent-Owned Stock. All Shares that are held in the treasury of the Company or owned of record by any Company Subsidiary, Subsidiary and all Shares owned of record by Parent, the Purchaser Merger Sub or any of their respective wholly-owned Subsidiaries shall be cancelled and shall cease to exist, with no payment being made with respect thereto.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Micronetics Inc), Agreement and Plan of Merger (Mercury Computer Systems Inc)

Cancellation of Treasury Stock and Parent-Owned Stock. All Shares that are held in the treasury of owned by the Company or owned of record by and any Company Subsidiary, and all Shares owned of record by Parent, the Purchaser or any of their respective wholly-owned Subsidiaries subsidiaries shall be cancelled and shall cease to exist, with and no payment being made with respect theretoconsideration shall be delivered in exchange therefor.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Global Aero Logistics Inc.), Agreement and Plan of Merger (World Air Holdings, Inc.)

Cancellation of Treasury Stock and Parent-Owned Stock. All Shares that are held in the treasury of owned by the Company or owned of record by and any Company Subsidiary, and all Shares owned of record by Parent, the Purchaser or any of their respective wholly-owned Subsidiaries shall be cancelled and shall cease to exist, with and no payment being made with respect thereto.consideration shall be delivered in exchange therefor. (c)

Appears in 2 contracts

Samples: Iv Agreement and Plan of Merger (Opsware Inc), Iv Agreement and Plan of Merger (Hewlett Packard Co)

Cancellation of Treasury Stock and Parent-Owned Stock. All Shares that are held in the treasury of the Company or owned of record by any Company SubsidiaryCompany, and all Shares owned of record by Parent, the Purchaser Parent or any of their respective wholly-its direct or indirect wholly owned Subsidiaries Subsidiaries, including the Purchaser, shall be automatically cancelled and shall cease to exist, with without any conversion thereof and no payment being made with respect theretoin exchange therefor (other than Shares owned by wholly owned Subsidiaries of the Company, each of which shall remain outstanding and be converted into one newly and validly issued, fully paid and nonassessable share of common stock of the Surviving Corporation).

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Corning Inc /Ny), Agreement and Plan of Merger (Alliance Fiber Optic Products Inc)

Cancellation of Treasury Stock and Parent-Owned Stock. All Shares that are held in the treasury of owned by the Company or owned of record by and any Company Subsidiary, and all Shares owned of record by Parent, the Purchaser Merger Sub or any of their respective wholly-owned Subsidiaries subsidiaries or affiliates shall be cancelled and shall cease to exist, with and no payment being made with respect theretoconsideration shall be delivered in exchange therefor.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Teradyne, Inc), Agreement and Plan of Merger (Eagle Test Systems, Inc.)

AutoNDA by SimpleDocs

Cancellation of Treasury Stock and Parent-Owned Stock. All ----------------------------------------------------- Shares that are held in the treasury of owned by the Company or owned of record by as treasury stock and any Company Subsidiary, and all Shares owned of record by Parent, the Purchaser or any other wholly owned Subsidiary of their respective wholly-owned Subsidiaries Parent shall be cancelled and retired and shall cease to exist, with exist and no payment being made with respect theretoconsideration shall be delivered in exchange therefor.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Hain Food Group Inc), Agreement and Plan of Merger (Hain Food Group Inc)

Cancellation of Treasury Stock and Parent-Owned Stock. All Any Shares that are held in the treasury of owned by the Company or owned of record by any Company Subsidiaryas treasury stock, and all any Shares owned of record by ParentParent or Purchaser, the Purchaser or any of their respective wholly-owned Subsidiaries shall be cancelled automatically canceled and shall cease to exist, with exist without any conversion thereof and no payment being made with respect theretodistribution or consideration shall be delivered in exchange therefor.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Precision Castparts Corp), Agreement and Plan of Merger (Titanium Metals Corp)

Cancellation of Treasury Stock and Parent-Owned Stock. All Shares that are held in the treasury of the Company or owned of record by any Company Subsidiary, and all Shares owned of record by ParentXxxxxx, the Purchaser Merger Sub or any of their respective wholly-owned Subsidiaries shall Subsidiaries, will be cancelled and shall will cease to exist, with no payment being made with respect thereto.

Appears in 1 contract

Samples: Agreement and Plan of Merger

Cancellation of Treasury Stock and Parent-Owned Stock. All Shares that are held in the treasury of the Company or owned of record by any Company SubsidiarySubsidiary that is directly or indirectly wholly-owned by the Company, and all Shares owned of record by Parent, the Purchaser Merger Sub or any of their respective wholly-direct or indirect wholly owned Subsidiaries shall be cancelled and shall cease to exist, with no payment being made with respect thereto.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Ariba Inc)

Cancellation of Treasury Stock and Parent-Owned Stock. All Shares that are held in the treasury of the Company or owned of record by any the Company Subsidiary, and all Shares owned of record by Parent, the Purchaser or any of their respective wholly-owned Subsidiaries shall be cancelled and shall cease to exist, with no payment being made with respect thereto.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Microfluidics International Corp)

Cancellation of Treasury Stock and Parent-Owned Stock. All Shares that are held in the treasury of the Company or owned of record by any Company Subsidiary, and all Shares owned of record by Parent, the Purchaser Merger Sub or any of their respective wholly-owned Subsidiaries shall will be cancelled and shall will cease to exist, with no payment being made with respect thereto.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Peco Ii Inc)

Cancellation of Treasury Stock and Parent-Owned Stock. All Shares that are held in the treasury of the Company or owned of record by any Company SubsidiaryCompany, and all Shares owned of record by Parent, the Purchaser Parent or any of their respective its direct or indirect wholly-owned Subsidiaries Subsidiaries, including the Purchaser, shall be automatically cancelled and shall cease to exist, with no payment being made with respect theretoin exchange therefor (other than Shares owned by wholly-owned Subsidiaries of the Company, each of which shall remain outstanding and be converted into one newly and validly issued, fully paid and nonassessable share of common stock of the Surviving Corporation).

Appears in 1 contract

Samples: Agreement and Plan of Merger (PLX Technology Inc)

Cancellation of Treasury Stock and Parent-Owned Stock. All Shares that are held in the treasury of owned by the Company or owned of record by and any Company Subsidiary, and all Shares owned of record by Parent, the Purchaser Merger Sub or any of their respective wholly-owned Subsidiaries shall be cancelled and shall cease to exist, with and no payment being made with respect theretoconsideration shall be delivered in exchange therefor.

Appears in 1 contract

Samples: Agreement and Plan of Merger (First Consulting Group Inc)

Cancellation of Treasury Stock and Parent-Owned Stock. All Shares that are held in the treasury of owned by the Company or owned of record by any Company Subsidiary, and all Shares owned of record by Parent, the Purchaser or and any of their respective wholly-owned Subsidiaries shall be cancelled and shall cease to exist, with and no payment being made with respect theretoconsideration shall be delivered in exchange therefor.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Presstek Inc /De/)

Cancellation of Treasury Stock and Parent-Owned Stock. All Shares that are held in the treasury of the Company or owned of record by any Company SubsidiaryCompany, and all Shares owned of record by Parent, the Purchaser Merger Sub One or any of their respective wholly-wholly owned Subsidiaries of the Company, Parent or Merger Sub One, shall be cancelled and shall cease to exist, with no payment being made with respect thereto.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Office Depot Inc)

Cancellation of Treasury Stock and Parent-Owned Stock. All Shares that are held in the treasury of owned by the Company as treasury stock or owned of record by any Company Subsidiary, and all Shares owned of record by Parent, the Purchaser or any of their respective wholly-owned Subsidiaries otherwise shall be cancelled and retired and shall cease to exist, with and no payment being made with respect theretoconsideration shall be delivered in exchange therefor.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Cypress Communications Holding Co Inc)

Cancellation of Treasury Stock and Parent-Owned Stock. All Shares that are held in the treasury of the Company or owned of record by any Company SubsidiaryCompany, and all Shares owned of record by Parent, the Purchaser Parent or any of their respective its direct or indirect wholly-owned Subsidiaries Subsidiaries, including the Purchaser (including the Contributed Shares), shall be cancelled and shall cease to exist, with no payment being made with respect thereto.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Global Traffic Network, Inc.)

Cancellation of Treasury Stock and Parent-Owned Stock. All Shares that are held in the treasury of the Company or owned of record by any Company Subsidiary, and all Shares owned of record by Parent, the Purchaser Parent or any of their respective its direct or indirect wholly-owned Subsidiaries Subsidiaries, including the Purchaser, shall be cancelled and shall cease to exist, with no payment being made with respect thereto.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Buckeye Technologies Inc)

Cancellation of Treasury Stock and Parent-Owned Stock. All Shares that are held in the treasury of owned by the Company or owned of record by and any Company Subsidiary, and all Shares owned of record by Parent, the Purchaser or any of their respective wholly-owned Subsidiaries shall be cancelled and shall cease to exist, with and no payment being made with respect theretoconsideration shall be delivered in exchange therefor.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Covad Communications Group Inc)

Cancellation of Treasury Stock and Parent-Owned Stock. All Shares that are held in the treasury of the Company or owned of record by any Company Subsidiary, and all Shares owned of record by Parent, the Purchaser Merger Sub or any of their respective wholly-wholly owned Subsidiaries shall be cancelled and shall cease to exist, with no payment being made with respect thereto.to such Shares. Table of Contents

Appears in 1 contract

Samples: Agreement and Plan of Merger (Unilens Vision Inc)

Cancellation of Treasury Stock and Parent-Owned Stock. All Shares that are held in the treasury of owned by the Company as treasury stock and any Shares or other capital stock owned of record by any Company Subsidiary, and all Shares owned of record by Parent, the Purchaser or any other wholly owned Subsidiary (as defined in Section 3.1) of their respective wholly-owned Subsidiaries Parent shall be cancelled and retired and shall cease to exist, with exist and no payment being made with respect theretoconsideration shall be delivered in exchange therefor.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Andrews Group Inc /De/)

Cancellation of Treasury Stock and Parent-Owned Stock. All Shares that are held in the treasury of owned by the Company or owned of record by as treasury stock and any Company Subsidiary, and all Shares owned of record by Parent, the Purchaser Merger Sub or any of their respective other wholly-owned Subsidiaries Subsidiary of Parent shall be cancelled and retired and shall cease to exist, with and no payment being made with respect theretoconsideration shall be delivered in exchange therefor.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Sunlink Health Systems Inc)

Cancellation of Treasury Stock and Parent-Owned Stock. All Shares that are held in the treasury of the Company or owned of record by any Company SubsidiaryCompany, and all Shares owned of record by Parent, the Purchaser Merger Sub or any of their respective wholly-wholly owned Subsidiaries shall Subsidiaries, will be cancelled and shall will cease to exist, with no payment being made with respect thereto.. (c)

Appears in 1 contract

Samples: Agreement and Plan of Merger (Spirit Airlines, Inc.)

Cancellation of Treasury Stock and Parent-Owned Stock. All Shares that are held in the treasury of the Company or owned of record by any Company SubsidiaryCompany, and all Shares owned of record by ParentXxxxxx, the Purchaser Merger Sub or any of their respective wholly-wholly owned Subsidiaries shall Subsidiaries, will be cancelled and shall will cease to exist, with no payment being made with respect thereto.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Alaska Air Group, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!