Cancellation of New Sub I Shares. Each share of common stock, without par value, of New Sub I issued and outstanding immediately prior to the Effective Time of the First Merger will automatically be canceled and retired and will cease to exist, and no consideration will be delivered in exchange therefor.
Appears in 3 contracts
Samples: Agreement and Plan of Merger (South Carolina Electric & Gas Co), Agreement and Plan of Merger (Scana Corp), Agreement and Plan of Merger (Public Service Co of North Carolina Inc)
Cancellation of New Sub I Shares. Each share of common stock, without par value, of New Sub I issued and outstanding immediately prior to the Effective Time of the First Merger will automatically be canceled and retired and will cease to exist, and no consideration will be delivered in exchange therefor.. (b)
Appears in 1 contract
Samples: Agreement and Plan of Merger (Consolidated Natural Gas Co)
