Cancellation of Company Capital Stock Owned by the Company. As of the Effective Time, by virtue of the Merger and without any action on the part of any Party or any Company Stockholder, all shares of Company Capital Stock that are owned by the Company as treasury stock immediately prior to the Effective Time (if any) shall be canceled and extinguished without any conversion thereof, and no consideration will be paid or delivered in exchange therefor.
Appears in 3 contracts
Samples: Agreement and Plan of Merger (M/a-Com Technology Solutions Holdings, Inc.), Agreement and Plan of Merger (M/a-Com Technology Solutions Holdings, Inc.), Agreement and Plan of Merger (M/a-Com Technology Solutions Holdings, Inc.)
Cancellation of Company Capital Stock Owned by the Company. As of At the Effective Time, by virtue of the Merger and without any action on the part of any Party or any Company Stockholder, all shares each share of Company Capital Stock that are owned by the Company as treasury stock immediately prior to the Effective Time (if any) shall be canceled and extinguished cancelled without any conversion thereof, thereof or payment of any cash or other property or consideration therefor and no consideration will be paid or delivered in exchange thereforshall cease to exist.
Appears in 3 contracts
Samples: Agreement and Plan of Merger (IntraLinks Holdings, Inc.), Agreement and Plan of Merger (Synchronoss Technologies Inc), Agreement and Plan of Merger (Meru Networks Inc)
Cancellation of Company Capital Stock Owned by the Company. As of At the Effective Time, by virtue of the Merger and without any action on the part of any Party or any Company Stockholder, all shares of Company Capital Stock that are owned by the Company as treasury stock immediately prior to the Effective Time (if any) shall be canceled and extinguished without any conversion thereof, and no consideration will be paid or delivered in exchange therefor.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Covad Communications Group Inc), Agreement and Plan of Merger and Reorganization (Covad Communications Group Inc)
Cancellation of Company Capital Stock Owned by the Company. As of At the Effective Time, by virtue of the Merger and without any action on the part of any Party or any Company Stockholder, all shares of Company Capital Stock that are owned by the Company as treasury stock immediately prior to the Effective Time (if any) shall be canceled and extinguished without any conversion thereof, thereof and no without payment of any consideration will be paid or delivered in exchange therefor.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Viisage Technology Inc)
Cancellation of Company Capital Stock Owned by the Company. As of the Effective Time, by virtue of the Merger and without any action on the part of any Party or any Company StockholderPerson, all shares of Company Capital Stock that are owned by the Company (as treasury stock or otherwise) immediately prior to the Effective Time (if anythe “Excluded Shares”) shall will be canceled and extinguished without any conversion thereof, and no consideration will be paid or delivered in exchange therefor.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Pacira Pharmaceuticals, Inc.)
Cancellation of Company Capital Stock Owned by the Company. As of At the Effective Time, by virtue of the Merger and without any action on the part of any Party or any Company Stockholder, all shares of Company Capital Stock that are owned by the Company as treasury stock immediately prior to the Effective Time (if any) shall be canceled cancelled and extinguished without any conversion thereof, thereof and no without payment of any consideration will be paid or delivered in exchange therefor.
Appears in 1 contract
