Cancellation of Certain Stock. All shares of common stock, $.01 par value, of the Company (the "Company Common Stock") owned by the Company as treasury stock and all shares of the Company Common Stock owned by CSLC, Sub, or any other Subsidiary of the Company and CSLC, automatically shall be canceled and retired and shall cease to exist and no capital stock or other interests of CSLC, Sub, or any other Subsidiary of CSLC or other consideration (whether consisting of cash or property) shall be delivered in exchange therefor.
Appears in 6 contracts
Samples: Agreement and Plan of Merger (Ilm Ii Senior Living Inc /Va), Merger Agreement (Ilm Ii Senior Living Inc /Va), Agreement and Plan of Merger (Capital Senior Living Corp)
Cancellation of Certain Stock. All shares of common stock, $.01 par value, of the Company (the "Company Common Stock") that are owned by the Company as treasury stock and all shares of the Company Common Stock owned by CSLC, Sub, the Trust or any other Subsidiary of the Company and CSLC, automatically shall be canceled and retired and shall cease to exist and no capital stock or other interests of CSLC, Sub, the Trust or any other Subsidiary of CSLC or other consideration (whether consisting of cash or property) shall be delivered in exchange therefor.
Appears in 4 contracts
Samples: Merger Agreement (Ilm Ii Senior Living Inc /Va), Merger Agreement (Ilm Senior Living Inc /Va), Merger Agreement (Capital Senior Living Corp)
