Cancellation of Company-Owned Shares and Parent-Owned Shares. All Shares that, immediately prior to the Effective Time, are owned by the Company in the treasury, owned of record by any Company Subsidiary, or owned of record by Xxxxxx, Merger Sub or any of their respective Subsidiaries (other than, in each case, Shares held on behalf of a third party) shall be cancelled and shall cease to exist, with no payment being made with respect thereto.
Appears in 4 contracts
Samples: Agreement and Plan of Merger (Pc Tel Inc), Agreement and Plan of Merger (Pc Tel Inc), Agreement and Plan of Merger (Pc Tel Inc)
Cancellation of Company-Owned Shares and Parent-Owned Shares. All Shares that, immediately prior to that are held in the Effective Time, are owned by treasury of the Company in the treasury, or owned of record by any wholly-owned Company Subsidiary, or Subsidiary and all Shares owned of record by Xxxxxx, Merger Sub Parent or any of their respective its wholly-owned Subsidiaries (other than, in each case, Shares held on behalf of a third party) shall be cancelled and shall cease to exist, with no payment being made with respect thereto.
Appears in 3 contracts
Samples: Agreement and Plan of Merger (MULTI COLOR Corp), Agreement and Plan of Merger (West Corp), Agreement and Plan of Merger (Beam Inc)
Cancellation of Company-Owned Shares and Parent-Owned Shares. All Shares that, immediately prior to that are held in the Effective Time, are owned by treasury of the Company in the treasury, or owned of record by any Company Subsidiary, or Subsidiary and all Shares owned of record by XxxxxxParent, Merger Sub or any of their respective wholly owned Subsidiaries (other than, in each case, Shares held on behalf of a third party) shall be cancelled and shall cease to exist, with no payment being made with respect thereto.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Midamerican Energy Holdings Co /New/), Agreement and Plan of Merger (Nv Energy, Inc.)
Cancellation of Company-Owned Shares and Parent-Owned Shares. All Shares that, immediately prior to that are held in the Effective Time, are owned by treasury of the Company in the treasury, owned of record by any Company Subsidiary, or owned of record by Xxxxxxthe Company or any Company Subsidiary and all Shares owned of record by Pxxxxx, Merger Sub or any of their respective Subsidiaries (other than, in each case, Shares held on behalf of a third party) shall be cancelled and shall cease to exist, with no payment being made with respect thereto.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Avid Technology, Inc.)
