Common use of No Further Ownership Rights Clause in Contracts

No Further Ownership Rights. All Merger Consideration paid upon the surrender for exchange of the Certificates representing Company Common Shares in accordance with the terms hereof shall be deemed to have been paid in full satisfaction of all rights pertaining to such Company Common Shares and, after the Effective Time, there shall be no further registration of transfers on the transfer books of the Surviving Corporation of the Company Common Shares that were outstanding immediately prior to the Effective Time. 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 Article III.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Promotions Com Inc), Agreement and Plan of Merger (Ivillage Inc), Agreement and Plan of Merger (Ivillage Inc)

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No Further Ownership Rights. All (i) The Merger Consideration paid upon the surrender for or exchange of the Common Share Certificates representing evidencing Company Common Shares in accordance with the terms hereof shall be deemed to have been paid in full satisfaction of all rights pertaining to such Company Common Shares and, after the Merger Effective Time, there shall be no further registration of transfers on the transfer books of the Surviving Corporation Company of the transfers of Company Common Shares that were outstanding immediately prior to the Effective TimeShares. If, after the Merger Effective Time, Common Share Certificates are presented to the Surviving Corporation Company, for any reason, they shall be canceled cancelled and exchanged as provided in this Article IIIII.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Mills Corp)

No Further Ownership Rights. All Merger Consideration paid upon the surrender for exchange of the Certificates representing Company Common Shares in accordance with the terms hereof of this Section 1.9 shall be deemed to have been paid in full satisfaction of all rights pertaining to such Company Common Shares and, after the Effective Time, the stock transfer books of the Company shall be closed and thereafter there shall be no further registration of transfers on the stock transfer books of the Surviving Corporation of the Company Common Shares that were outstanding immediately prior to the Effective Time. 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 Article IIISection 1.9.

Appears in 1 contract

Samples: Agreement and Plan of Merger (True Religion Apparel Inc)

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

Appears in 1 contract

Samples: Agreement and Plan of Merger (Castle Brands Inc)

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No Further Ownership Rights. All Merger Consideration paid upon the surrender for exchange of the Certificates representing Company Common Shares in accordance with the terms hereof shall be deemed to have been paid in full satisfaction of all rights pertaining to such Company Common Shares and, after the Effective Time, there shall be no further registration of transfers on the transfer books of the Surviving Corporation of the Company Common Shares that were outstanding immediately prior to the Effective Time. 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 Article III.

Appears in 1 contract

Samples: Agreement and Plan of Merger (PBSJ Corp /Fl/)

No Further Ownership Rights. All Merger Consideration paid upon the surrender for exchange of the Certificates representing Company Common Shares in accordance with the terms hereof shall be deemed to have been paid in full satisfaction of all rights pertaining to such Company Common Shares and, after the Effective Time, there shall be no further registration of transfers on the transfer books of the Surviving Corporation Entity of the Company Common Shares that were outstanding immediately prior to the Effective Time. If, after the Effective Time, Certificates are presented to the Surviving Corporation Entity, for any reason, they shall be canceled cancelled and exchanged as provided in this Article IIIII.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Great Lakes Reit)

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