Common use of Cancellation of Certain Common Stock Clause in Contracts

Cancellation of Certain Common Stock. Each share of Common Stock that is owned by MergerCo or the Company (as treasury stock or otherwise) or any of their respective direct or indirect wholly owned Subsidiaries (other than Shares held on behalf of third parties) will automatically be cancelled and will cease to exist, and no consideration will be delivered in exchange therefor.

Appears in 2 contracts

Samples: Merger Agreement (Theragenics Corp), Merger Agreement (Michas Alexis P)

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Cancellation of Certain Common Stock. Each share of Common Stock that is owned by MergerCo MergerCo, SibCo, Parent, Holdco, or the Company (as treasury stock or otherwise) or any of their respective direct or indirect wholly owned Subsidiaries (other than Shares held on behalf of third parties) will automatically be cancelled and will cease to exist, and no consideration will be delivered in exchange therefor.

Appears in 2 contracts

Samples: Merger Agreement (Aramark Corp/De), Merger Agreement (Neubauer Joseph)

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Cancellation of Certain Common Stock. Each share of Common Stock that is owned by MergerCo or the Company (as treasury stock or otherwise) ), Parent or MergerCo or any of their respective direct or indirect wholly owned Subsidiaries (other than Shares held on behalf of third parties) will automatically be cancelled automatically and will cease to exist, and no consideration will be delivered in exchange therefortherefor (each such Share, an “Excluded Share” and such Shares collectively, the “Excluded Shares”).

Appears in 1 contract

Samples: Merger Agreement (Swift Transportation Co Inc)

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