Cancellation of Shares. Each Excluded Share referred to in Section 4.1(a) shall, by virtue of the Merger and without any action on the part of the holder thereof, cease to be outstanding, shall be cancelled without payment of any consideration therefor and shall cease to exist.
Appears in 3 contracts
Samples: Merger Agreement (Banta Corp), Merger Agreement (RR Donnelley & Sons Co), Merger Agreement (Banta Corp)
Cancellation of Shares. Each Subject to Section 4.3, each Excluded Share referred to in Section 4.1(a) shall, by virtue of the Merger and without any action on the part of the holder thereof, cease to be outstanding, shall be cancelled without payment of any consideration therefor and shall cease to exist.
Appears in 3 contracts
Samples: Merger Agreement (Rait Investment Trust), Merger Agreement (Prime Resource Inc), Merger Agreement (BBM Holdings, Inc.)
Cancellation of Shares. Each Excluded Share referred to in Section 4.1(a) shall, by virtue of the Merger 1 and without any action on the part of the holder thereofof such Excluded Share, cease to be outstanding, shall be cancelled without payment of any consideration therefor and shall cease to exist.
Appears in 2 contracts
Samples: Merger Agreement (Greenlane Holdings, Inc.), Merger Agreement (KushCo Holdings, Inc.)
Cancellation of Shares. Each Excluded Share referred to in Section 4.1(a4.1(a)(i) shall, by virtue of the Merger and without any action on the part of the holder thereof, cease to be outstanding, shall be cancelled without payment of any consideration therefor and shall cease to existexist and each Excluded Share referred to in Section 4.1(a)(ii) shall be converted into the right to receive the payment to which reference is made in Section 4.2(f).
Appears in 2 contracts
Samples: Merger Agreement (Maverick Tube Corp), Merger Agreement (Hydril Co)
Cancellation of Shares. Each Excluded Share referred to in Section 4.1(a) shall, by ---------------------- virtue of the Merger and without any action on the part of the holder thereof, cease to be outstanding, shall be cancelled and retired without payment of any consideration therefor therefor, except as required pursuant to Section 4.4, and shall cease to exist.
Appears in 2 contracts
Cancellation of Shares. Each Excluded Share referred to in Section 4.1(aclause 4.1(a)(i) or 4.1(a)(ii) shall, by virtue of the Merger and without any action on the part of the holder thereof, cease to be outstanding, shall be cancelled without payment of any consideration therefor and shall cease to exist.
Appears in 1 contract
Samples: Merger Agreement (Sourcecorp Inc)
Cancellation of Shares. Each Excluded Share referred to in Section 4.1(aclause 4.1(a)(i), (ii) or (iii) shall, by virtue of the Merger and without any action on the part of the holder thereof, cease to be outstanding, shall be cancelled without payment of any consideration therefor and shall cease to exist.
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Cancellation of Shares. Each Excluded Share referred issued and outstanding immediately prior to in Section 4.1(a) shallthe Effective Time, by virtue of the Merger and without any action on the part of the holder thereof, shall cease to be outstanding, shall be cancelled canceled and retired without payment of any consideration therefor and shall cease to exist.. 4
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Cancellation of Shares. Each Subject to Section 3.4, each Excluded Share referred to in Section 4.1(a) shall, by virtue of the Merger and without any action on the part of the holder thereofof such Excluded Share, cease to be outstanding, shall be cancelled without payment of any consideration therefor and shall cease to exist, subject to any rights the holder thereof may have under Section 3.4.
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