Common use of No Further Ownership Rights in Common Stock Clause in Contracts

No Further Ownership Rights in Common Stock. All cash paid upon the surrender of Certificates in accordance with the terms of this Article III shall be deemed to have been paid in full satisfaction of all rights pertaining to the shares of Common Stock theretofore represented by such Certificates, and there shall be no further registration of transfers on the stock transfer books of the Surviving Corporation of the shares of Common Stock which were outstanding immediately prior to the Effective Time of the Merger. If, after the Effective Time of the Merger, Certificates are presented to the Surviving Corporation for any reason, they shall be canceled and exchanged as provided in this Article III.

Appears in 8 contracts

Samples: Agreement and Plan of Merger (Duty Free International Inc), Agreement and Plan of Merger (National Vision Associates LTD), Agreement and Plan of Merger (Stant Corp)

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No Further Ownership Rights in Common Stock. All cash paid upon the surrender of Certificates in accordance with the terms of this Article III shall be deemed to have been paid in full satisfaction of all rights pertaining to the shares of Common Stock theretofore represented by such Certificates, and there shall be no further registration of transfers on the stock transfer books of the Surviving Corporation of the shares of Common Stock which were outstanding immediately prior to the Effective Time of the MergerTime. If, after the Effective Time of the MergerTime, Certificates are presented to the Surviving Corporation or the Paying Agent for any reason, they shall be canceled cancelled and exchanged as provided in this Article III, except as otherwise provided by law.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Harveys Acquisition Corp), Agreement and Plan of Merger (Harveys Casino Resorts)

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No Further Ownership Rights in Common Stock. All cash paid upon the surrender of Certificates in accordance with the terms of this Article III shall be deemed to have been paid in full satisfaction of all rights pertaining to the shares of Common Stock Shares theretofore represented by such Certificates, and there shall be no further registration of transfers on the stock share transfer books of the Surviving Corporation of the shares of Common Stock which Shares that were outstanding immediately prior to the Effective Time of the Merger. If, after the Effective Time of the Merger, Certificates are presented to the Surviving Corporation for any reason, they shall be canceled cancelled and exchanged as provided in this Article III.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Revco D S Inc)

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