Cancelation of Treasury Stock. All shares of Capital Stock that are held by the Company as treasury stock shall be canceled and shall cease to exist, and no consideration shall be delivered in exchange therefor.
Appears in 3 contracts
Samples: Merger Agreement (MTBC, Inc.), Merger Agreement (Skyworks Solutions, Inc.), Merger Agreement (Darden Restaurants Inc)
Cancelation of Treasury Stock. All shares Each share of Company Capital ------------------------------ Stock that are held is owned by the Company as treasury stock shall automatically be canceled and shall cease to exist, and no Parent Common Stock or other consideration shall be delivered in exchange therefor.
Appears in 2 contracts
Samples: Merger Agreement (Cox Communications Inc /De/), Merger Agreement (Primestar Inc)
Cancelation of Treasury Stock. All shares of Company Capital Stock that are held owned by the Company Company, as treasury stock stock, immediately prior to the Effective Time shall automatically be canceled and retired and shall cease to exist, exist and no consideration shall be delivered in exchange therefor.
Appears in 1 contract
Samples: Merger Agreement (Lycos Inc)
Cancelation of Treasury Stock. All shares Each share of Capital Stock that are held is owned by the Company as treasury stock Company, Parent or their respective Subsidiaries (“Treasury Shares”) 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
Cancelation of Treasury Stock. All shares of Capital Stock Each Share issued and outstanding immediately prior to the Effective Time that are held is directly owned by the Company as treasury stock stock, shall automatically be canceled and shall cease to exist, and no consideration shall be delivered in exchange therefor.
Appears in 1 contract
