Cancellation of Company Treasury Stock. All shares of Company Common Stock which are held in the treasury of the Company shall be canceled and shall cease to exist.
Appears in 3 contracts
Samples: Merger Agreement (Ameritrans Capital Corp), Merger Agreement (Medallion Financial Corp), Agreement and Plan of Merger (Ameritrans Capital Corp)
Cancellation of Company Treasury Stock. All At the Effective Time by virtue of the Merger, all shares of Company Common Stock which are held in the treasury of the Company or which are owned by any wholly owned Subsidiary of the Company shall be canceled and shall cease to exist.
Appears in 2 contracts
Samples: Merger Agreement (Questor Partners Fund L P), Merger Agreement (Budget Group Inc)
Cancellation of Company Treasury Stock. All shares of Company Common Stock which are held in the treasury of the Company upon consummation of the Company Recapitalization shall be canceled and shall cease to existexist without any conversion thereof.
Appears in 2 contracts
Samples: Merger Agreement (Allied Capital Corp), Merger Agreement (Sunsource Inc)
Cancellation of Company Treasury Stock. All shares of Company Common Stock which are held in the treasury of the Company upon consummation of the Company Recapitalization shall be canceled and shall cease to exist.
Appears in 2 contracts
Samples: Merger Agreement (Tannenhauser Robert), Merger Agreement (BLC Financial Services Inc)
Cancellation of Company Treasury Stock. All At the -------------------------------------- Effective Time by virtue of the Merger, all shares of Company Common Stock which are held in the treasury of the Company or which are owned by any wholly owned Subsidiary of the Company shall be canceled and shall cease to exist.
Appears in 1 contract
Samples: Merger Agreement (Ryder TRS Inc)
Cancellation of Company Treasury Stock. All shares Each share of Company the Common Stock which are held in that is owned by the treasury Company or by any Subsidiary of the Company Company, if any, shall automatically be canceled and retired and shall cease to exist, and no consideration shall be delivered or deliverable in exchange therefor.
Appears in 1 contract
