Cancellation of Certain Common Stock. Each share of Common Stock that is owned by Parent, Merger Sub or the Company (as treasury stock or otherwise) or any of their respective direct or indirect wholly-owned Subsidiaries shall automatically be cancelled and retired and shall cease to exist, and no consideration shall be delivered in exchange therefore.
Appears in 3 contracts
Samples: Agreement and Plan of Merger (Campbell Thomas J), Agreement and Plan of Merger (Michael Baker Corp), Agreement and Plan of Merger (Michael Baker Corp)
Cancellation of Certain Common Stock. Each share of Common ------------------------------------ Stock issued and outstanding immediately prior to the Effective Time that is owned by Parentthe Company or any Subsidiary of the Company or by Purchaser, Merger Sub or the Company (as treasury stock or otherwise) or any other Subsidiary of their respective direct or indirect wholly-owned Subsidiaries Purchaser shall automatically be cancelled canceled and retired and shall cease to exist, and no cash or other consideration shall be delivered or deliverable in exchange thereforetherefor.
Appears in 3 contracts
Samples: Agreement and Plan of Merger (Hughes Electronics Corp), Agreement and Plan of Merger (Telocity Delaware Inc), Agreement and Plan of Merger (Telocity Delaware Inc)
Cancellation of Certain Common Stock. Each As of the Effective Time, by virtue of the Merger and without any action on the part of the holder of any Common Stock, the Company or Merger Sub, each share of Common Stock that is owned by Parent, Merger Sub or the Company (or any wholly owned subsidiary as treasury stock or otherwise) otherwise or any of their respective direct or indirect wholly-owned Subsidiaries by Merger Sub shall automatically be cancelled and retired canceled and shall cease to exist, and no cash or other consideration shall be delivered or deliverable in exchange thereforetherefor.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Gibraltar Industries, Inc.)
