Common use of Cancellation of Certain Shares Clause in Contracts

Cancellation of Certain Shares. Each share of Company capital 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 therefor (such shares collectively, the “Cancelled Shares”).

Appears in 1 contract

Samples: Merger Agreement (OncoCyte Corp)

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Cancellation of Certain Shares. Each share of Company capital stock Shares that is are 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 therefor (such shares collectively, the “Cancelled Shares”)therefor.

Appears in 1 contract

Samples: Merger Agreement (Quality Systems, Inc)

Cancellation of Certain Shares. Each share of Company capital stock All Shares that is are owned by Parent, Merger Sub 1, Merger Sub 2 or the Company (as treasury stock or otherwise) or any of their respective direct or indirect wholly-wholly owned Subsidiaries shall automatically be cancelled and retired and shall cease to exist, and no consideration shall be delivered in exchange therefor (such shares collectively, the “Cancelled Shares”)therefor.

Appears in 1 contract

Samples: Merger Agreement (ChaSerg Technology Acquisition Corp)

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Cancellation of Certain Shares. Each share of Company capital 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 therefor (such shares collectively, the “Cancelled Shares”).

Appears in 1 contract

Samples: Merger Agreement (OncoCyte Corp)

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