No Further Ownership Rights in Stock. All Merger Consideration delivered upon the surrender for exchange of shares of Company Stock in accordance with the terms hereof shall be deemed to have been delivered in full satisfaction of all rights pertaining to ownership of such shares of stock. At and after the Effective Time of the Merger, there shall be no further registration of transfers on the stock transfer books of the Surviving Corporation of the shares of Company Stock which were outstanding immediately prior to the Effective Time of the Merger, and upon delivery of the Merger Consideration upon surrender for exchange of Company Stock, each such share of Company Stock shall be canceled.
No Further Ownership Rights in Stock. All shares of DMGI Capital Stock issued in accordance with the terms hereof shall be deemed to have been issued in full satisfaction of all rights pertaining to such shares of Orchard Capital Stock, and there shall be no further registration of transfers on the records of the Orchard of shares of Orchard Capital Stock that were outstanding immediately prior to the Effective Time. If after the Effective Time Certificates are presented to DMGI for any reason, they shall be canceled and exchanged as provided in this Article II.
No Further Ownership Rights in Stock. Until surrendered as contemplated by this Article IV, each Certificate shall be deemed at any time after the Effective Time to represent only the right to receive upon such surrender the Merger Consideration in respect of the shares of Target Common Stock formerly represented by such Certificate as contemplated by this Section 4.02. All shares paid upon the surrender for exchange of Certificates in accordance with the terms of this Article IV shall be deemed to have been paid in full satisfaction of all rights pertaining to the shares of Target Common Stock represented by such Certificates. After the Effective Time, there shall be no further registration of transfers of shares of Target Common Stock outstanding immediately prior to the Effective Time on the records of Target, and if Certificates are presented to the Surviving Entity, they shall be canceled and exchanged as provided for, and in accordance with the procedures set forth, in this Article IV.
No Further Ownership Rights in Stock. All Parent Common Stock and/or Cash Consideration, if any, delivered upon the surrender for exchange of shares of Company Common Stock and Company Preferred Stock in accordance with the terms hereof (including any cash in lieu of fractional shares) shall be deemed to have been delivered in full satisfaction of all rights pertaining to such shares of stock. There shall be no further registration of transfers on the stock transfer books of the Surviving Corporation of the shares of Company Common Stock and Company Preferred Stock which were outstanding immediately prior to the Effective Time. If, after the Effective Time, Certificates are presented to the Surviving Corporation or Parent, they shall be cancelled and exchanged upon the terms and conditions provided in this Article 2.
No Further Ownership Rights in Stock. All shares of Parent Common Stock issued upon surrender of shares of Company Common Stock in accordance with the terms of Article III shall be deemed to have been issued and paid in full satisfaction of all rights pertaining to the shares formerly represented by such Company Common Stock.
No Further Ownership Rights in Stock. The consideration paid to the Shareholders and the holders of the Preferred Shares shall be deemed to have been paid in full satisfaction of all rights pertaining to such shares of Company capital stock, and from and after the Statutory Effective Time there shall be no further registration of transfers on the stock transfer books of Company of the shares of Company capital stock which were outstanding immediately prior to the Statutory Effective Time. If, after the Statutory Effective Time, certificates are presented to Company or the Agent for any reason, they shall be cancelled and each Shareholder and holder of Preferred Shares shall receive his, her or its allocated share of the Aggregate Consideration.
No Further Ownership Rights in Stock. All cash paid upon the surrender of shares of Stock, Panatech Stock Options or Panatech Warrants in accordance with the terms hereof shall be deemed to have been paid in full satisfaction of all rights pertaining to such shares of Stock, Panatech Stock Options or Panatech Warrants, as the case may be. If, after the Effective Time, Certificates are presented to the Surviving Corporation for any reason, they shall be canceled and exchanged as provided in this Section 3.2.
No Further Ownership Rights in Stock. All Merger Consideration paid ------------------------------------ upon the surrender of Crestline 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 Crestline Common Stock and the associated Rights theretofore represented by such Crestline Certificates, and after the Effective Time there shall be no further registration of transfers on the stock transfer books of the Surviving Corporation of the shares of Crestline Common Stock and the associated Rights which were outstanding immediately prior to the Effective Time. If, after the Effective Time, the Crestline Certificates are presented to the Surviving Corporation or the Paying Agent for any reason, they shall be cancelled and exchanged as provided in this Article III, except as otherwise provided by Law.
No Further Ownership Rights in Stock. All shares of Mach One Common Stock issued in accordance with the terms of Article II shall be deemed to have been issued and paid in full satisfaction of all rights pertaining to the shares formerly represented by such WhiteHat Common Stock and/or Preferred Stock.
No Further Ownership Rights in Stock. All SAFLINK Common Stock delivered (including SAFLINK Common Stock delivered to the Escrow Agent) upon the surrender for exchange of shares of Jotter Common Stock in accordance with the terms hereof (including any cash in lieu of fractional shares) shall be deemed to have been delivered in full satisfaction of all rights pertaining to such shares of stock. There shall be no further registration of transfers on the stock transfer books of the Surviving Corporation of the shares of Jotter Common Stock which were outstanding immediately prior to the Effective Time. If, after the Effective Time, Certificates are presented to the Surviving Corporation or SAFLINK, they shall be canceled and exchanged as provided in this Article II.
