Common use of Parent-Owned Shares Clause in Contracts

Parent-Owned Shares. All shares of Company Common Stock owned by Parent or any of its Subsidiaries shall be cancelled and retired and shall cease to exist and no Merger Consideration or other consideration shall be delivered in exchange therefor.

Appears in 4 contracts

Samples: Agreement and Plan of Merger (Variagenics Inc), Agreement and Plan of Merger (Amgen Inc), Agreement and Plan of Merger (Immunex Corp /De/)

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Parent-Owned Shares. All shares of Company Common Stock owned by Parent or Merger Sub or any of its their respective wholly owned Subsidiaries shall be cancelled and retired and shall cease to exist and no Merger Consideration or other consideration shall be delivered in exchange therefor.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Pharmion Corp), Agreement and Plan of Merger (Celgene Corp /De/), Agreement and Plan of Merger (Limco-Piedmont Inc)

Parent-Owned Shares. All shares of Company Common Stock owned by Parent or any of its wholly-owned Subsidiaries shall be cancelled canceled and retired and shall cease to exist exist, and no Merger Consideration or other consideration shall be delivered in exchange therefor.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Integrated Circuit Systems Inc), Agreement and Plan of Merger (Integrated Device Technology Inc)

Parent-Owned Shares. All Except as otherwise provided in Section 3.1(e), all shares of Company Common Stock owned by Parent or Merger Sub or any of its their respective Subsidiaries shall be cancelled canceled and retired and shall cease to exist and no Merger Consideration or other consideration shall be delivered in exchange therefor.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Textron Inc), Agreement and Plan of Merger (United Industrial Corp /De/)

Parent-Owned Shares. All shares of Company Common Stock owned by Parent or Merger Sub or any of its their respective Subsidiaries shall be cancelled and retired and shall cease to exist and no Merger Consideration or other consideration shall be delivered in exchange therefor.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Watson Pharmaceuticals Inc), Agreement and Plan of Merger (Andrx Corp /De/)

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Parent-Owned Shares. All shares of Company Common Stock owned by Parent or Merger Sub or any of its Subsidiaries their respective wholly owned Subsidiaries, if any, shall be cancelled and retired and shall cease to exist and no Merger Consideration or other consideration shall be delivered in exchange therefor.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Tween Brands, Inc.), Agreement and Plan of Merger (Dress Barn Inc)

Parent-Owned Shares. All Any shares of Company Common Stock owned by the Parent or any of its wholly owned Subsidiaries shall be cancelled canceled and retired and shall cease to exist exist, and no Merger Consideration merger consideration or other consideration shall be delivered in exchange therefor.

Appears in 1 contract

Samples: Agreement and Plan of Merger (BioScrip, Inc.)

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