Common use of Cancellation of Certain Company Stock Clause in Contracts

Cancellation of Certain Company Stock. Each share of Company Stock issued and outstanding immediately prior to the Effective Time that is held by the Company in treasury or owned by Acquiror or by Merger Sub shall no longer be outstanding and shall be automatically cancelled and shall cease to exist (the “Cancelled Shares”), and no consideration shall be delivered in exchange therefor.

Appears in 4 contracts

Samples: Agreement and Plan of Merger (10X Capital Venture Acquisition Corp. III), Agreement and Plan of Merger (10X Capital Venture Acquisition Corp. III), Agreement and Plan of Merger (10X Capital Venture Acquisition Corp. II)

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Cancellation of Certain Company Stock. Each share of Company Stock issued and outstanding that is owned by Parent or the Company (as treasury stock or otherwise) or any of their respective direct or indirect wholly owned Subsidiaries as of immediately prior to the Effective Time that is held by the Company in treasury or owned by Acquiror or by Merger Sub shall no longer be outstanding and shall be automatically cancelled and shall cease to exist (the “Cancelled Canceled Shares”)) will automatically be canceled and retired and will cease to exist, and no consideration shall will be delivered in exchange therefor.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Acreage Holdings, Inc.), Agreement and Plan of Merger, Agreement and Plan of Merger

Cancellation of Certain Company Stock. Each share Shares of Company Stock issued and outstanding immediately prior to the Effective Time that is held by the Company in treasury or are owned by Acquiror Company (as treasury stock or by Merger Sub otherwise) or any of its respective direct or indirect wholly owned subsidiaries shall no longer automatically be outstanding cancelled and shall be automatically cancelled retired and shall cease to exist (the “Cancelled Shares”)exist, and no consideration shall be delivered in exchange therefor.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Instructure Inc), Agreement and Plan of Merger (Instructure Inc)

Cancellation of Certain Company Stock. Each share Shares of Company Stock issued and outstanding immediately prior to the Effective Time that is held are owned by Buyer, Merger Sub or the Company in (as treasury stock or owned by Acquiror otherwise) or by Merger Sub any of the Acquired Subsidiaries shall no longer automatically be outstanding cancelled and shall be automatically cancelled retired and shall cease to exist (the “Cancelled Shares”)exist, and no consideration shall be delivered in exchange therefor.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Glass House Brands Inc.), Agreement and Plan of Merger (Glass House Brands Inc.)

Cancellation of Certain Company Stock. Each share Shares of Company Stock issued and outstanding immediately prior to (the Effective Time “Shares”) that is held are owned by Parent, Merger Sub or the Company in (as treasury stock or otherwise) or any of their respective direct or indirect wholly owned by Acquiror or by Merger Sub Subsidiaries shall no longer automatically be outstanding cancelled and shall be automatically cancelled retired and shall cease to exist (the “Cancelled Shares”)exist, and no consideration shall be delivered in exchange therefor.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Harvard Bioscience Inc), Agreement and Plan of Merger (Alliqua BioMedical, Inc.)

Cancellation of Certain Company Stock. Each share of stock of the Company, common, preferred, or otherwise that is owned by the Company Stock issued and outstanding (as treasury stock or otherwise) or any of its direct or indirect wholly-owned subsidiaries as of immediately prior to the Effective Time that is held by (the Company in treasury or owned by Acquiror or by Merger Sub shall no longer "Cancelled Shares") will automatically be outstanding and shall be automatically cancelled and shall retired and will cease to exist (the “Cancelled Shares”)exist, and no consideration shall will be delivered in exchange therefor.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Bendele Phillip), Agreement and Plan of Merger (Inotiv, Inc.)

Cancellation of Certain Company Stock. Each share of Company Stock issued and outstanding immediately prior to the Effective Time that is held owned by Parent, Merger Sub or the Company in (as treasury stock or otherwise) or any of their respective direct or indirect wholly-owned by Acquiror or by Merger Sub shall no longer Subsidiaries will automatically be outstanding and shall be automatically cancelled and shall retired and will cease to exist (the “Cancelled Shares”)exist, and no consideration shall will be delivered in exchange therefor.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Real Goods Solar, Inc.), Agreement and Plan of Merger (Real Goods Solar, Inc.)

Cancellation of Certain Company Stock. Each share of Company Stock issued and outstanding immediately prior to the Effective Time that is held by the Company in treasury or owned by Acquiror or by Merger Sub shall no longer be outstanding and shall be automatically cancelled canceled and shall cease to exist (the “Cancelled Shares”), and no consideration shall be delivered in exchange therefor.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Chardan Healthcare Acquisition 2 Corp.), Agreement and Plan of Merger (ArcLight Clean Transition Corp.)

Cancellation of Certain Company Stock. Each share All shares of Company Stock issued and outstanding immediately prior to the Effective Time that is held or owned by the Company in as treasury or owned by Acquiror or by Merger Sub shall no longer be outstanding and shares shall be automatically be cancelled and retired and shall cease to exist (the “Cancelled Shares”)exist, and no consideration shall be delivered in exchange therefor.

Appears in 1 contract

Samples: Agreement and Plan of Merger (OptimizeRx Corp)

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Cancellation of Certain Company Stock. Each share of Company Stock issued and outstanding immediately prior to the Effective Time that is owned or held by the Company in treasury or owned by Acquiror or by Merger Sub shall no longer be outstanding and shall be automatically cancelled canceled and shall cease to exist (the “Cancelled Shares”), and no consideration shall be delivered in exchange therefor.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Spring Valley Acquisition Corp.)

Cancellation of Certain Company Stock. Each share of All Company Stock issued and outstanding immediately prior to the Effective Time that is held by the Company in treasury or owned by Acquiror or by Merger Sub shall no longer be outstanding and shall be automatically cancelled canceled and shall cease to exist (the “Cancelled Shares”), and no consideration shall be delivered in exchange therefor.

Appears in 1 contract

Samples: Agreement and Plan of Merger (ACON S2 Acquisition Corp.)

Cancellation of Certain Company Stock. Each share of Company Stock issued and outstanding that is owned by the Company (as treasury stock or otherwise) or any of its direct or indirect wholly owned Subsidiaries as of immediately prior to the Effective Time that is held by (the Company in treasury or owned by Acquiror or by Merger Sub shall no longer "Cancelled Shares") will automatically be outstanding and shall be automatically cancelled and shall retired and will cease to exist (the “Cancelled Shares”)exist, and no consideration shall will be delivered in exchange therefor.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Inotiv, Inc.)

Cancellation of Certain Company Stock. Each share Shares of Company Capital Stock issued and outstanding immediately prior to the Effective Time that is held are owned by the Purchaser, the Merger Sub, the Company in (as treasury stock or otherwise) or any of their respective direct or indirect wholly owned by Acquiror or by Merger Sub Subsidiaries shall no longer automatically be outstanding cancelled and shall be automatically cancelled retired and shall cease to exist (the “Cancelled Shares”)exist, and no consideration shall be delivered in exchange therefor.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Altair Engineering Inc.)

Cancellation of Certain Company Stock. Each share of Company Stock issued and outstanding immediately prior to the First Effective Time that is held by the Company in treasury or owned by Acquiror or by First Merger Sub or Second Merger Sub shall no longer be outstanding and shall be automatically cancelled and shall cease to exist (the “Cancelled Shares”), and no consideration shall be delivered in exchange therefor.

Appears in 1 contract

Samples: Agreement and Plan of Merger (10X Capital Venture Acquisition Corp. II)

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