Common use of Cancelation of Treasury Stock and Parent-Owned Stock Clause in Contracts

Cancelation of Treasury Stock and Parent-Owned Stock. All shares of Company Common Stock that are owned as treasury stock by the Company or owned by Parent or Sub immediately prior to the Effective Time shall automatically be canceled and shall cease to exist, and no consideration shall be delivered or deliverable in exchange therefor.

Appears in 11 contracts

Samples: Agreement and Plan of Merger (Orbital Atk, Inc.), Agreement and Plan of Merger (Northrop Grumman Corp /De/), Agreement and Plan of Merger (Jagged Peak, Inc.)

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Cancelation of Treasury Stock and Parent-Owned Stock. All shares Each share of Company Common Stock that are is directly owned as treasury stock by the Company or owned by Company, Parent or Sub immediately prior to the Effective Time shall automatically be canceled and shall cease to exist, and no consideration shall be delivered or deliverable in exchange therefor.

Appears in 7 contracts

Samples: Agreement and Plan of Merger (Johnson & Johnson), Agreement and Plan of Merger (Boston Scientific Corp), Agreement and Plan of Merger (Boston Scientific Corp)

Cancelation of Treasury Stock and Parent-Owned Stock. All shares Each share of Company Common Stock that are is owned as treasury stock by the Company or owned by Company, Parent or Merger Sub immediately prior to the Effective Time shall no longer be outstanding and shall automatically be canceled and retired and shall cease to exist, and no consideration Merger Consideration shall be delivered or deliverable in exchange therefor.

Appears in 6 contracts

Samples: Agreement and Plan of Merger (Anixter International Inc), Agreement and Plan of Merger (Wesco International Inc), Agreement and Plan of Merger (Wesco International Inc)

Cancelation of Treasury Stock and Parent-Owned Stock. All shares Each share of Company Common Stock that are is directly owned by the Company, as treasury stock by the Company stock, or owned by Parent or Sub immediately prior to the Effective Time Time, shall automatically be canceled and shall cease to exist, and no consideration shall be delivered or deliverable in exchange therefor.

Appears in 4 contracts

Samples: Agreement and Plan of Merger (Cyan Inc), Agreement and Plan of Merger (Ciena Corp), Agreement and Plan of Merger (Covance Inc)

Cancelation of Treasury Stock and Parent-Owned Stock. All shares Each share of Company Common Stock that are is owned as treasury stock by the Company Company, Parent, Acquisition Sub or owned by Parent or Sub immediately prior to the Effective Time any subsidiary thereof shall no longer be outstanding and shall automatically be canceled and retired and shall cease to exist, and no consideration shall be delivered or deliverable in exchange therefor.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Metaldyne Corp), And Restated Agreement and Plan of Merger (Masco Corp /De/), Agreement and Plan of Merger (Metaldyne Corp)

Cancelation of Treasury Stock and Parent-Owned Stock. All shares of Company Common Stock that are owned as treasury stock by the Company or owned by Parent or Sub immediately prior to the Effective Time shall automatically be canceled and retired and shall cease to exist, exist and no consideration shall be delivered or deliverable in exchange therefor.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Ascential Software Corp), Agreement and Plan of Merger (Micromuse Inc)

Cancelation of Treasury Stock and Parent-Owned Stock. All Each share of Company Common Stock that is owned by the Company (other than any shares of Company Common Stock that are owned as treasury stock by the Company or owned by any Company Subsidiary, which shall remain outstanding), Parent or Merger Sub immediately prior to the Effective Time shall no longer be outstanding and shall automatically be canceled and retired and shall cease to exist, and no consideration shall be delivered or deliverable in exchange therefor.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Avantor, Inc.), Agreement and Plan of Merger (VWR Corp)

Cancelation of Treasury Stock and Parent-Owned Stock. All shares Each share of Company Common Stock that are is owned as treasury stock by the Company or owned by Company, Parent or Merger Sub immediately prior to the Effective Time or any of their respective wholly owned Subsidiaries shall no longer be outstanding and shall automatically be canceled and shall cease to exist, exist and be outstanding and no consideration shall be delivered or deliverable in exchange therefor.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Navigators Group Inc), Agreement and Plan of Merger (Hartford Financial Services Group Inc/De)

Cancelation of Treasury Stock and Parent-Owned Stock. All shares Each share of Company Common Stock that are is owned as treasury stock by the Company Company, Parent, Holdings or owned by Parent or Merger Sub immediately prior to the Effective Time shall no longer be outstanding and shall automatically be canceled and retired and shall cease to exist, and no consideration shall be delivered or deliverable in exchange therefor.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Hisamitsu U.S., Inc.), Agreement and Plan of Merger (Noven Pharmaceuticals Inc)

Cancelation of Treasury Stock and Parent-Owned Stock. All shares Each share of Company Common Stock that are is owned as treasury stock by the Company Company, Parent, Sub or by any of their respective wholly owned by Parent or Sub immediately prior to the Effective Time subsidiaries shall automatically be canceled and retired and shall cease to exist, and no consideration shall be delivered or deliverable in exchange therefor.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (United Defense Industries Inc), Agreement and Plan of Merger (United Defense Industries Inc)

Cancelation of Treasury Stock and Parent-Owned Stock. All shares of Company Common Stock that are owned as treasury stock by the Company or owned by Parent or Sub Sub, or any other direct or indirect wholly-owned Subsidiary of Parent, immediately prior to the Effective Time shall automatically be canceled and shall cease to exist, and no consideration shall be delivered or deliverable in exchange therefortherefore.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Caterpillar Inc), Agreement and Plan of Merger (Bucyrus International Inc)

Cancelation of Treasury Stock and Parent-Owned Stock. All shares Each share of Company Common Stock that are is owned as treasury stock by the Company or owned by Company, Parent or Sub immediately prior to the Effective Time shall no longer be outstanding and shall automatically be canceled and retired and shall cease to exist, and no cash, Parent Common Stock or other consideration shall be delivered or deliverable in exchange therefor.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Coast Hotels & Casinos Inc), Agreement and Plan of Merger (Coast Hotels & Casinos Inc)

Cancelation of Treasury Stock and Parent-Owned Stock. All shares Each share of Company Common Stock that are is owned by the Company, as treasury stock by the Company stock, or owned by Parent or Sub immediately prior to the Effective Time shall automatically be canceled and shall cease to exist, exist and no consideration shall be delivered or deliverable in exchange therefor.

Appears in 2 contracts

Samples: Agreement and Plan of Merger, Agreement and Plan of Merger (American Water Works Company, Inc.)

Cancelation of Treasury Stock and Parent-Owned Stock. All shares Each share of the Company Common Stock that are is owned as treasury stock by the Company or owned by Company, Parent or Merger Sub immediately prior to the Effective Time shall no longer be outstanding and shall automatically be canceled and shall cease to exist, and no consideration shall be delivered or deliverable in exchange therefor.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Nielsen Holdings N.V.), Agreement and Plan of Merger (Arbitron Inc)

Cancelation of Treasury Stock and Parent-Owned Stock. All shares Each share of Company Common Stock that are is owned as treasury stock by the Company or owned by Company, Parent, U.S. Parent or Merger Sub immediately prior to the Effective Time shall no longer be outstanding and shall automatically be canceled and shall cease to exist, and no consideration shall be delivered or deliverable in exchange therefor.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Stanley, Inc.), Agreement and Plan of Merger (Cgi Group Inc)

Cancelation of Treasury Stock and Parent-Owned Stock. All shares Each share of Company Common Stock that are is owned as treasury stock by the Company or owned by Company, Parent or Sub immediately prior to the Effective Time shall no longer be outstanding and shall automatically be canceled and retired and shall cease to exist, and no consideration shall be delivered or deliverable in exchange therefor.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Hill-Rom Holdings, Inc.)

Cancelation of Treasury Stock and Parent-Owned Stock. All shares of Company Common Stock that are owned as treasury stock by the Company or owned by Parent or Sub immediately prior to the Effective Time shall automatically be canceled and shall cease to exist, and no consideration shall be delivered or deliverable in exchange therefor.

Appears in 1 contract

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

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Cancelation of Treasury Stock and Parent-Owned Stock. All shares Each share of Company Common Stock that are is owned as treasury stock by the Company or owned by Company, Parent or Merger Sub immediately prior to the Effective Time shall no longer be outstanding and shall automatically be canceled and retired and shall cease to exist, and no consideration shall be delivered or deliverable in exchange therefor.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Vitae Pharmaceuticals, Inc)

Cancelation of Treasury Stock and Parent-Owned Stock. All shares Each share of ----------------------------------------------------- Company Common Stock that are is owned as treasury stock by the Company as treasury stock, or owned by Parent or Sub Merger Sub, immediately prior to the Effective Time shall automatically be canceled and retired and shall cease to exist, and no consideration shall be delivered or deliverable in exchange therefor.to

Appears in 1 contract

Samples: Agreement and Plan of Merger (Jiffy Lube International Inc)

Cancelation of Treasury Stock and Parent-Owned Stock. All shares Each share of Company Common Stock that are (i) is owned as treasury stock by the Company or immediately prior to the Effective Time, (ii) was owned by Parent or Merger Sub at the commencement of the Offer and is owned by Parent or Merger Sub immediately prior to the Effective Time Time, or (iii) was irrevocably accepted for purchase in the Offer shall no longer be outstanding and shall automatically be canceled and shall cease to exist, and no consideration shall be delivered or deliverable in exchange therefor.

Appears in 1 contract

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

Cancelation of Treasury Stock and Parent-Owned Stock. All shares Each outstanding share of Company Common Capital Stock that are owned as treasury stock held by Parent, the Company or owned by any direct or indirect Subsidiary of Parent or Sub the Company immediately prior to the Effective Time shall automatically be canceled and shall cease to existTime, and no consideration if any, shall be delivered or deliverable in exchange thereforcancelled and extinguished without payment of any consideration with respect thereto.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Vistaprint N.V.)

Cancelation of Treasury Stock and Parent-Owned Stock. All shares Each share of Company Common Capital Stock that are is owned as treasury stock by the Company or owned by Company, Parent or Sub immediately prior to the Effective Time shall no longer be outstanding and shall automatically be canceled and retired and shall cease to exist, and no consideration shall be delivered or deliverable in exchange therefor.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Synaptic Pharmaceutical Corp)

Cancelation of Treasury Stock and Parent-Owned Stock. All shares Each share of Company Common Stock that are is directly owned as treasury stock by the Company or owned by Company, Parent or Sub immediately prior to the Effective Time shall automatically be canceled and retired and shall cease to exist, and no consideration shall be delivered or deliverable in exchange therefor.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Meridian Medical Technologies Inc)

Cancelation of Treasury Stock and Parent-Owned Stock. All shares Each share of the Company Common Stock that are owned as treasury stock by the Company or owned by Parent or Sub immediately issued prior to the Effective Time that is owned by the Company, Parent or Merger Sub shall no longer be outstanding and shall automatically be canceled and shall cease to exist, and no consideration shall be delivered or deliverable in exchange therefor.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Global Defense Technology & Systems, Inc.)

Cancelation of Treasury Stock and Parent-Owned Stock. All shares Each share of Company Common Stock that are is owned as treasury stock by the Company or owned by Parent or Merger Sub immediately prior to the Effective Time shall no longer be outstanding and shall automatically be canceled and retired and shall cease to exist, and no consideration shall be delivered or deliverable in exchange therefor.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Igate Corp)

Cancelation of Treasury Stock and Parent-Owned Stock. All shares Each share of Company Common Stock that are (i) is owned as treasury stock by the Company or a Company Subsidiary immediately prior to the Effective Time, or (ii) is owned by Parent, Merger Sub or any other subsidiary of Parent or Sub immediately prior to the Effective Time shall shall, in each case, automatically be canceled and shall cease to exist, and no exist without any conversion thereof or consideration shall be delivered or deliverable paid in exchange therefor.

Appears in 1 contract

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

Cancelation of Treasury Stock and Parent-Owned Stock. All shares Each share of Company Common Stock that are owned as treasury stock by the Company or owned by Company, Parent or Sub or any wholly- Table of Contents owned subsidiary thereof immediately prior to the Effective Time shall automatically be canceled and shall cease to exist, exist and no consideration shall be delivered or deliverable in exchange therefor. Each share of Company Common Stock that is owned by any less than wholly-owned subsidiary of the Company or Parent (other than Sub) shall automatically be converted into one fully paid and nonassessable share of common stock, par value $.01 per share, of the Surviving Corporation.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Maxwell Shoe Co Inc)

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