Common use of No Further Ownership Rights in Company Shares Clause in Contracts

No Further Ownership Rights in Company Shares. All Parent Shares issued and cash paid upon conversion of Company Shares in accordance with the terms of this Article IV (including any cash paid pursuant to Sections 4.1 and 4.3) shall be deemed to have been issued or paid in full satisfaction of all rights pertaining to the Company Shares.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Plato Learning Inc), 1 Agreement and Plan of Merger (Plato Learning Inc), Agreement and Plan of Merger (Wasatch Interactive Learning Corp)

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No Further Ownership Rights in Company Shares. All shares of Parent Shares Common Stock issued and all cash paid upon conversion of Company Shares in accordance with the terms of Article 1 and this Article IV (including any cash paid pursuant to Sections 4.1 and 4.3) 2 shall be deemed to have been issued or paid in full satisfaction of all rights pertaining to the Company Shares. Until surrendered as contemplated by this Article 2, each Company Share shall be deemed at any time after the Effective Time to represent only the right to receive upon such surrender the Merger Consideration (and any cash to be paid pursuant to Sections 2.7 or 2.5).

Appears in 2 contracts

Samples: Agreement of Merger and Reorganization (Steel Dynamics Inc), Agreement of Merger and Reorganization (Roanoke Electric Steel Corp)

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No Further Ownership Rights in Company Shares. All Parent Shares --------------------------------------------- issued and cash paid upon conversion of Company Shares in accordance with the terms of this Article IV (including any cash paid pursuant to Sections ---------- -------- 4.1 and 4.3) shall be deemed to have been issued or paid in full --- --- satisfaction of all rights pertaining to the Company Shares.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Blue Wave Systems Inc)

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