Common use of Cancellation of Surviving Corporation Common Stock Clause in Contracts

Cancellation of Surviving Corporation Common Stock. At the Second Merger Effective Time, by virtue of the Second Merger and without any actions of the Parties or otherwise, each share of the common stock, par value $0.0001 per share, of the Surviving Corporation (the “Common Stock”) issued and outstanding immediately prior to the Second Merger Effective Time, shall automatically be canceled and extinguished without any conversion thereof, and no payment shall be made with respect thereto.

Appears in 4 contracts

Samples: Agreement and Plan of Merger (Keane Group, Inc.), Agreement and Plan of Merger (C&J Energy Services, Inc.), Agreement and Plan of Merger (Amplify Energy Corp)

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Cancellation of Surviving Corporation Common Stock. At the Second Merger Effective Time, by virtue of the Second Merger and without any actions of the Parties or otherwise, each share of the common stock, par value $0.0001 0.01 per share, of the Surviving Corporation (the “Common Stock”) issued and outstanding immediately prior to the Second Merger Effective Time, shall automatically be canceled and extinguished without any conversion thereof, and no payment shall be made with respect thereto.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (WildHorse Resource Development Corp), Agreement and Plan of Merger (Chesapeake Energy Corp)

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Cancellation of Surviving Corporation Common Stock. At the Second Merger Effective Time, by virtue of the Second Merger and without any actions of the Parties or otherwise, each share of the common stock, par value $0.0001 0.01 per share, of the Surviving Corporation (the “Common Stock”) issued and outstanding immediately prior to the Second Merger Effective Time, shall automatically be canceled and extinguished without any conversion thereof, and no payment shall be made with respect thereto.

Appears in 1 contract

Samples: Agreement and Plan of Merger (FAST Acquisition Corp.)

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