Cancellation of Excluded Company Shares. Each Excluded Company Share issued and outstanding immediately prior to the Effective Time shall, by virtue of the Merger and without any action on the part of the holder thereof, no longer be outstanding, shall be canceled and retired without payment of any consideration therefor and shall cease to exist.
Appears in 12 contracts
Samples: Merger Agreement (Lamar Advertising Co/New), Merger Agreement (Union Carbide Corp /New/), Merger Agreement (Devon Energy Corp/De)
Cancellation of Excluded Company Shares. Each Excluded Company Share issued and outstanding immediately prior to the Effective Time shall, by virtue of the Merger and without any action on the part of the holder thereofof that Excluded Company Share, no longer be outstanding, shall be canceled and retired without payment of any consideration therefor and shall cease to exist.
Appears in 3 contracts
Samples: Merger Agreement (Westower Corp), Merger Agreement (Northstar Health Services Inc), Merger Agreement (Spectrasite Holdings Inc)
Cancellation of Excluded Company Shares. Each Excluded Company Share --------------------------------------- issued and outstanding immediately prior to the Effective Time shall, by virtue of the Merger and without any action on the part of the holder thereof, no longer be outstanding, shall be canceled and retired without payment of any consideration therefor and shall cease to exist.
Appears in 1 contract
Samples: Merger Agreement (Alza Corp)
Cancellation of Excluded Company Shares. Each Excluded Company --------------------------------------- Share issued and outstanding immediately prior to the Effective Time shall, by virtue of the Merger and without any action on the part of the holder thereof, no longer be outstanding, shall be canceled and retired without payment of any consideration therefor and shall cease to exist.
Appears in 1 contract
Cancellation of Excluded Company Shares. Each Excluded Company Share issued and outstanding immediately prior to the Effective Time Closing Date shall, by virtue of the Merger and without any action on the part of the holder thereof, no longer be outstanding, shall be canceled and retired without payment of any consideration therefor and shall cease to exist.
Appears in 1 contract
