Common use of Cancellation of Certain Shares Clause in Contracts

Cancellation of Certain Shares. Each Share of Company Common Stock and all other shares of capital stock of the Company that are owned, directly or indirectly, by the Company or any Subsidiary of the Company shall automatically be canceled and retired and shall cease to exist and no cash or other consideration shall be delivered or deliverable in exchange therefor.

Appears in 3 contracts

Samples: Merger Agreement (Cardionet Inc), Merger Agreement (Biotel Inc.), Merger Agreement (Biotel Inc.)

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Cancellation of Certain Shares. Each Share of Company Common Stock and all other shares share of capital stock of the Company that are owned, directly or indirectly, by the Company or any Subsidiary held in treasury of the Company shall automatically be canceled cancelled and retired and shall cease to exist exist, and no cash or other consideration shall be delivered or deliverable in exchange therefor.

Appears in 2 contracts

Samples: Merger Agreement (800america Com Inc), Merger Agreement (800america Com Inc)

Cancellation of Certain Shares. Each Share issued and outstanding share of Company Common Capital Stock and all other shares of capital stock that is held in treasury of the Company that are owned, directly or indirectly, owned by the Company Company, Parent or any Subsidiary of the Company Merger Sub (collectively, “Treasury Shares”) shall automatically be canceled cancelled and retired and shall cease to exist exist, and no cash or other consideration shall be delivered or deliverable in exchange therefor.

Appears in 2 contracts

Samples: Merger Agreement (Mandalay Digital Group, Inc.), Merger Agreement (Demand Media Inc.)

Cancellation of Certain Shares. Each Share share of Company Common Capital Stock and all other shares of capital stock that is held in the treasury of the Company that are ownedand each share of Company Capital Stock owned by Parent, directly or indirectly, by the Company Merger Sub or any Subsidiary other wholly-owned subsidiary of the Company Parent shall automatically be canceled and retired and shall cease to exist and no cash or other consideration shall be delivered or deliverable in exchange therefor.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Vir Biotechnology, Inc.), Merger Agreement (Entellus Medical Inc)

Cancellation of Certain Shares. Each Share of Company Common Stock and all other shares share of capital stock of the Company that are ownedheld in the Company’s treasury or owned by Parent, directly the Merging Corporation or indirectly, by the Company or any Subsidiary of immediately prior to the Company shall automatically be canceled and retired and shall cease to exist and no cash or other consideration Effective Time, if any, shall be delivered or deliverable in exchange thereforextinguished and canceled without payment of any consideration with respect thereto.

Appears in 2 contracts

Samples: Merger Agreement (Surewest Communications), Merger Agreement (Consolidated Communications Holdings, Inc.)

Cancellation of Certain Shares. Each Share share of Company Common Stock and all other shares of capital stock or Company Series A Preferred Stock held in the treasury of the Company that are owned, directly or indirectly, by the Company or any Subsidiary wholly-owned subsidiary of the Company immediately prior to the Effective Time shall automatically be canceled and retired and shall cease to exist extinguished without any conversion thereof and no cash or other consideration payment shall be delivered or deliverable in exchange thereformade with respect thereto.

Appears in 2 contracts

Samples: Merger Agreement (RespireRx Pharmaceuticals Inc.), Merger Agreement (Cortex Pharmaceuticals Inc/De/)

Cancellation of Certain Shares. Each Share issued and outstanding share of Company Common Capital Stock and all other shares that is held in treasury of capital stock of the Company that are owned, directly or indirectly, by the Company or any Subsidiary of the Company owned by Company, Parent or Merger Sub shall automatically be canceled cancelled and retired and shall cease to exist exist, and no cash or other consideration shall be delivered or deliverable in exchange therefor.

Appears in 1 contract

Samples: Merger Agreement (Rentech Inc /Co/)

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Cancellation of Certain Shares. Each Share At the Effective Time, each share of Company Common Stock and all other shares of capital stock of the Company that are owned, directly or indirectly, is owned by the Company as treasury stock or otherwise, if any, or Purchaser, or any Subsidiary of Purchaser (including Merger Sub) immediately prior to the Company shall automatically be canceled and retired and Effective Time, shall cease to exist and no cash or other consideration be outstanding, shall be delivered or deliverable in exchange cancelled and retired without any conversion thereof and without payment of any consideration therefor.

Appears in 1 contract

Samples: Merger Agreement (GLAUKOS Corp)

Cancellation of Certain Shares. Each Share of Company Common Stock and all other shares share of capital stock of the Company that are ownedheld in the Company’s treasury immediately prior to the Effective Time, directly or indirectlyif any, by the Company or any Subsidiary of the Company shall automatically cease to be canceled outstanding and shall be cancelled and retired and shall cease to exist exist, and no cash or other consideration shall be delivered or deliverable in exchange therefor.

Appears in 1 contract

Samples: Merger Agreement (Avago Technologies LTD)

Cancellation of Certain Shares. Each Share All shares of Company Common Stock and all other shares of capital stock owned by any Subsidiary (as defined in Section 3.01 hereof) of the Company that are owned, directly or indirectly, by the Company Purchaser or any other wholly owned Subsidiary of the Company Purchaser shall automatically be canceled cancelled and retired and shall cease to exist and no cash or other consideration shall be delivered or deliverable in exchange therefor.

Appears in 1 contract

Samples: Merger Agreement (Rappaport Gary B)

Cancellation of Certain Shares. Each Share share of Company Preferred Stock and Company Common Stock and all other shares of capital stock held in the treasury of the Company that are owned, directly or indirectly, by the Company or any wholly-owned Subsidiary of the Company immediately prior to the Effective Time shall automatically be canceled and retired and shall cease to exist extinguished without any conversion thereof and no cash or other consideration payment shall be delivered or deliverable in exchange thereformade with respect thereto.

Appears in 1 contract

Samples: Merger Agreement (Guitar Center Inc)

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