Cancellation of Parent Common Stock Owned by Parent. At the Effective Time, any shares of Parent Common Stock owned by Parent as treasury shares or any shares of Parent Common Stock owned by any direct or indirect Subsidiary of Parent immediately prior to the Effective Time shall be canceled and extinguished without any conversion thereof or payment therefor.
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Samples: Agreement and Plan of Merger (Chart Acquisition Corp.)
Cancellation of Parent Common Stock Owned by Parent. At the Redomestication Merger Effective Time, if there are any shares of Parent Common Stock that are owned by Parent as treasury shares or any shares of Parent Common Stock owned by any direct or indirect Subsidiary wholly owned subsidiary of Parent immediately prior to the Redomestication Merger Effective Time Time, such shares shall be canceled and extinguished without any conversion thereof or payment therefor.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Genesis Unicorn Capital Corp.)
Cancellation of Parent Common Stock Owned by Parent. At the Redomestication Effective Time, if there are any shares of Parent Common Stock that are owned by the Parent as treasury shares or any shares of Parent Common Stock owned by any direct or indirect Subsidiary wholly owned subsidiary of the Parent immediately prior to the Redomestication Effective Time Time, such shares shall be canceled and extinguished without any conversion thereof or payment therefor.
Appears in 1 contract
Samples: Business Combination Agreement (Inception Growth Acquisition LTD)
Cancellation of Parent Common Stock Owned by Parent. At the Reincorporation Effective Time, if there are any shares of Parent Common Stock that are owned by the Parent as treasury shares or any shares of Parent Common Stock owned by any direct or indirect wholly owned Subsidiary of the Parent immediately prior to the Reincorporation Effective Time (the “Parent Excluded Shares”), such shares shall be canceled and extinguished without any conversion thereof or payment therefor.
Appears in 1 contract
Samples: Business Combination Agreement (Acri Capital Acquisition Corp)
Cancellation of Parent Common Stock Owned by Parent. At the Redomestication Merger Effective Time, if there are any shares of Parent Common Stock that are owned by Parent as treasury shares or any shares of Parent Common Stock owned by any direct or indirect Subsidiary wholly owned subsidiary of Parent immediately prior to the Redomestication Merger Effective Time Time, such shares shall be canceled and extinguished without any conversion thereof or payment therefor.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Mountain Crest Acquisition Corp. III)
Cancellation of Parent Common Stock Owned by Parent. At the Effective Time, if there are any shares of Parent Common Stock that are owned by the Parent as treasury shares stock or any shares of Parent Common Stock owned by any direct or indirect Subsidiary wholly owned subsidiary of the Parent immediately prior to the Effective Time Time, such shares shall be canceled and extinguished without any conversion thereof or payment therefor.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Alyst Acquisition Corp.)
Cancellation of Parent Common Stock Owned by Parent. At the Reincorporation Effective Time, if there are any shares of Parent Common Stock that are owned by the Parent as treasury shares or any shares of Parent Common Stock owned by any direct or indirect Subsidiary wholly owned subsidiary of the Parent immediately prior to the Reincorporation Effective Time Time, such shares shall be canceled and extinguished without any conversion thereof or payment therefor.
Appears in 1 contract
