Common use of Subsidiary Stock Clause in Contracts

Subsidiary Stock. Each share of Subsidiary Stock issued and outstanding immediately before the Effective Date of the Merger and held by Parent shall be canceled without any consideration being issued or paid therefor.

Appears in 4 contracts

Samples: Agreement and Plan of Merger (True Religion Apparel Inc), Agreement and Plan of Merger (Powell Industries Inc), Form of Agreement and Plan of Merger (Aslahan Enterprises Ltd.)

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Subsidiary Stock. Each share of Subsidiary Stock issued and outstanding immediately before the Effective Date of the Merger and held by Parent shall be canceled without any consideration being issued or paid therefor.

Appears in 4 contracts

Samples: Agreement and Plan of Merger (Zapata Corp), Agreement and Plan of Merger (Technest Holdings Inc), Agreement and Plan of Merger (Harbinger Group Inc.)

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Subsidiary Stock. Each share of Subsidiary Stock issued and outstanding immediately before the Effective Date of the Merger Time and held by Parent shall be canceled without any consideration being issued or paid therefor.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Amesite Operating Co)

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