Common use of Cancelation of Certain Shares Clause in Contracts

Cancelation of Certain Shares. All shares of Company Common Stock that are owned by the Company as treasury stock immediately prior to the Effective Time shall automatically be canceled and shall cease to exist and no consideration shall be delivered in exchange therefor. All shares of Company Common Stock that were accepted for payment by Merger Sub in the Offer shall be canceled and shall cease to exist and no consideration shall be delivered in exchange therefor.

Appears in 2 contracts

Samples: Merger Agreement (Fresh Market, Inc.), Merger Agreement (Fresh Market, Inc.)

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Cancelation of Certain Shares. All shares of Company Common Stock that are owned by the Company as treasury stock immediately prior to the Effective Time shall automatically be canceled and shall cease to exist and no consideration shall be delivered in exchange therefor. All shares of Company Common Stock that were accepted for payment then held by Parent or Merger Sub in the Offer shall be canceled and shall cease to exist and no consideration shall be delivered in exchange therefor.

Appears in 2 contracts

Samples: Merger Agreement (Frontier Communications Parent, Inc.), Merger Agreement (Verizon Communications Inc)

Cancelation of Certain Shares. All shares of Company Common Stock that are owned held by the Company as treasury stock shares immediately prior to the Effective Time shall automatically be canceled and shall cease to exist and no consideration shall be delivered in exchange therefor. All shares of Company Common Stock that were accepted for payment then held by Parent or Merger Sub in the Offer shall be canceled and shall cease to exist and no consideration shall be delivered in exchange therefor.

Appears in 2 contracts

Samples: Merger Agreement (Tabula Rasa HealthCare, Inc.), Merger Agreement (Tabula Rasa HealthCare, Inc.)

Cancelation of Certain Shares. All shares of Company Common Stock that are owned by the Company as treasury stock immediately prior to the Effective Time shall automatically be be‌ canceled and shall cease to exist and no consideration shall be delivered in exchange therefor. All shares of Company Common Stock that were accepted for payment then held by Parent or Merger Sub in the Offer shall be canceled and shall cease to exist and no consideration shall be delivered in exchange therefor.

Appears in 1 contract

Samples: Merger Agreement

Cancelation of Certain Shares. All shares of Company Common Stock that are owned by the Company as treasury stock immediately prior to the Effective Time shall automatically be canceled and shall cease to exist and no consideration shall be delivered in exchange therefor. All shares of Company Common Stock that were accepted for payment then held by Parent or Merger Sub in the Offer shall be canceled and shall cease to exist and no consideration shall be delivered in exchange therefor.

Appears in 1 contract

Samples: Merger Agreement (Soliton, Inc.)

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Cancelation of Certain Shares. All shares of Company Common Stock that are owned by the Company as treasury stock shares immediately prior to the Effective Time shall automatically be canceled and shall cease to exist and no consideration shall be delivered in exchange therefor. All shares of Company Common Stock that were accepted for payment held by Merger Sub in Parent or MergerCo immediately prior to the Offer Effective Time, including the Rollover Shares, shall be canceled and shall cease to exist and no consideration shall be delivered in exchange therefor.

Appears in 1 contract

Samples: Merger Agreement (Air Transport Services Group, Inc.)

Cancelation of Certain Shares. All shares of Company Common Stock that are owned by the Company as treasury stock immediately prior to the Effective Time shall automatically be canceled and shall cease to exist and no consideration shall be delivered in exchange therefor. All shares of Company Common Stock that were then held by Parent or Merger Sub, including any shares irrevocably accepted for payment by Merger Sub in the Offer Offer, shall be canceled and shall cease to exist and no consideration shall be delivered in exchange therefor.

Appears in 1 contract

Samples: Merger Agreement (MyoKardia, Inc.)

Cancelation of Certain Shares. All shares of Company Common Stock that are owned by the Company or any wholly owned Subsidiary of the Company as treasury stock or otherwise immediately prior to the Effective Time shall automatically be canceled automatically and retired and shall cease to exist and no consideration shall be delivered in exchange therefor. All shares of Company Common Stock that were accepted for payment then held by Parent, Merger Sub in the Offer or any other wholly owned Subsidiary of Parent shall be canceled automatically and shall cease to exist and no consideration shall be delivered in exchange therefor.

Appears in 1 contract

Samples: Merger Agreement (Galaxy Gaming, Inc.)

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