Cancellation of Treasury Stock and Purchaser-Owned Stock. Each share of Common Stock that is owned by the Company or Purchaser 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: Stock Purchase Agreement (Bailey Lee Ann), Stock Purchase Agreement (Sixx Holdings Inc)
Cancellation of Treasury Stock and Purchaser-Owned Stock. Each share Share which immediately prior to the Effective Time is held in the treasury of Common Stock that is owned by the Company or owned by Purchaser, Merger Sub or any other subsidiary of Purchaser 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 (Lyondell Petrochemical Co), Agreement and Plan of Merger (Lyondell Petrochemical Co)
Cancellation of Treasury Stock and Purchaser-Owned Stock. Each share Any shares of Common Company Capital Stock that is are owned by the Company as treasury stock, and any shares of Company Capital Stock owned by Purchaser, the Purchaser Group, Merger Sub, any other wholly owned Subsidiary of Purchaser, or Purchaser held by those persons or entities listed in Schedule A attached hereto, shall be automatically be canceled and retired and shall cease to exist, exist and no consideration shall be delivered in exchange therefor.; and
Appears in 1 contract
Cancellation of Treasury Stock and Purchaser-Owned Stock. Each share Company Share held in the treasury of Common Stock that is the Company or any of its Subsidiaries and each Company Share owned by the Company Purchaser, Merger Sub or Purchaser shall automatically any other subsidiary of the Purchaser, will be canceled and retired and shall cease to exist, automatically without conversion thereof and no consideration shall payment or distribution will be delivered in exchange thereformade with respect thereto.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Ems Technologies Inc)
Cancellation of Treasury Stock and Purchaser-Owned Stock. Each share of Common Stock Share issued or outstanding immediately prior to the Effective Time that is owned by the Company or by Purchaser shall automatically be canceled and retired automatically and shall cease to exist, and no cash or other consideration shall be delivered or deliverable in exchange therefor.. (c)
Appears in 1 contract
Samples: Exhibit 2 Agreement and Plan of Merger (Back Bay Restaurant Group Inc)
