Cancellation of Capital Stock 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 3 contracts
Samples: Business Combination Agreement (Draper Oakwood Technology Acquisition Inc.), Business Combination Agreement (Proficient Alpha Acquisition Corp), Business Combination Agreement (Proficient Alpha Acquisition Corp)
Cancellation of Capital Stock Owned by Purchaser. At the Effective Time, if there are any shares Each share 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 (Tiberius Acquisition Corp)
Cancellation of Capital Stock Owned by Purchaser. At the Effective Time, if there are any shares of capital stock Each share of Purchaser that are owned by Purchaser as treasury sharesshares immediately prior to the First Merger Effective Time, such shares if any, shall be canceled cancelled and extinguished without any conversion thereof or payment therefor.
Appears in 1 contract
Samples: Business Combination Agreement (Agrico Acquisition Corp.)
Cancellation of Capital Stock Owned by Purchaser. At the Effective Time, if If there are any shares of capital stock of Purchaser that are owned by Purchaser as treasury sharesshares immediately prior to the Effective Time, such shares shall be canceled and extinguished without any conversion thereof or payment therefor.
Appears in 1 contract
Samples: Business Combination Agreement (Evo Acquisition Corp)
