Cancellation of Capital Shares Owned by Purchaser. At the Effective Time, if there are any shares of Purchaser that are owned by Purchaser as treasury shares, such shares shall be canceled and extinguished without any conversion thereof or payment therefor.
Appears in 2 contracts
Samples: Business Combination Agreement (Golden Star Acquisition Corp), Business Combination Agreement (Aimei Health Technology Co., Ltd.)
Cancellation of Capital Shares Owned by Purchaser. At the Merger Effective Time, if there are any shares of Purchaser that are owned by Purchaser as treasury shares, such shares shall be canceled automatically cancelled and extinguished without any conversion thereof or payment therefor.
Appears in 2 contracts
Samples: Lock Up Agreement (Vertical Aerospace Ltd.), Lock Up Agreement (Broadstone Acquisition Corp.)
Cancellation of Capital Shares Owned by Purchaser. At the Effective Time, if there are any shares of capital stock of Purchaser that are owned by Purchaser as treasury shares, such shares shall be canceled and extinguished without any conversion thereof or payment therefor.
Appears in 2 contracts
Samples: Business Combination Agreement (East Stone Acquisition Corp), Business Combination Agreement (East Stone Acquisition Corp)
Cancellation of Capital Shares Owned by Purchaser. At the Merger Effective Time, if there are any shares of Purchaser that are owned by Purchaser as treasury shares, such shares shall be canceled cancelled and extinguished without any conversion thereof or payment therefor.
Appears in 1 contract
Samples: Business Combination Agreement (Centricus Acquisition Corp.)
Cancellation of Capital Shares Owned by Purchaser. At the Merger Effective Time, if there are any shares of capital stock of Purchaser that are owned by Purchaser as treasury shares, such shares shall be canceled and extinguished without any conversion thereof or payment therefor.
Appears in 1 contract
Samples: Business Combination Agreement (Kismet Acquisition One Corp)
Cancellation of Capital Shares Owned by Purchaser. At the Effective Time, if there are any shares of Purchaser that are owned by Purchaser as treasury shares, such shares shall be canceled and extinguished without any conversion thereof or payment therefor.
Appears in 1 contract
Samples: Business Combination Agreement (Edoc Acquisition Corp.)
Cancellation of Capital Shares Owned by Purchaser. At the Effective Time, if there are any capital shares of Purchaser that are owned by Purchaser as treasury shares, such shares shall be canceled and extinguished without any conversion thereof or payment therefor.
Appears in 1 contract
Samples: Business Combination Agreement (Twelve Seas Investment Co)
