Cancellation of Treasury Shares. All Company Shares that are owned directly or indirectly by the Company as treasury stock shall be canceled, and no consideration shall be delivered in exchange therefor.
Appears in 3 contracts
Samples: Agreement and Plan of Merger (Digital Imaging Resources Inc.), Agreement and Plan of Merger (Superior Energy Services Inc), Agreement and Plan of Merger (Warrior Energy Services CORP)
Cancellation of Treasury Shares. All shares of Company Shares Stock that are owned by Company as treasury stock and all shares of Company Stock that are owned directly or indirectly by the Company as treasury stock or Parent shall be canceledcancelled and shall cease to exist, and no consideration Merger Consideration shall be delivered in exchange therefor.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (CNS Inc /De/), Agreement and Plan of Merger (Glaxosmithkline PLC)
Cancellation of Treasury Shares. All Company Shares that are owned directly or indirectly by the Company as treasury stock (the "Treasury Shares") shall be canceled, canceled and no consideration shall be delivered in exchange therefor.
Appears in 1 contract
Cancellation of Treasury Shares. All Any shares of Company Shares that are owned directly or indirectly by ------------------------------- Capital Stock held in the treasury of the Company as treasury stock and any shares of Company Capital Stock owned by Acquiror or any direct or indirect wholly owned subsidiary of Acquiror or of the Company immediately prior to the Effective Time shall be canceled, canceled and extinguished without any conversion thereof and no consideration payment shall be delivered in exchange thereformade with respect thereto.
Appears in 1 contract
Samples: Merger Agreement (McLeod Inc)
Cancellation of Treasury Shares. All Each capital share of the Company Shares that are owned directly or indirectly by the Company as treasury stock or any direct or indirect Subsidiary of the Company, if any, immediately prior to the Effective Time, shall be canceled, canceled and extinguished without any conversion thereof and no consideration payment or distribution shall be delivered in exchange thereformade with respect thereto.
Appears in 1 contract
Samples: Agreement and Plan of Merger (United Microelectronics Corp)
Cancellation of Treasury Shares. All Company Shares that are owned directly or indirectly by Each share of the capital stock of the Company as held in the Company's treasury stock shall be canceled, cancelled and no cash, Parent Ordinary Shares or other consideration shall be delivered in exchange therefor.
Appears in 1 contract
Samples: Series B Preferred Stock Purchase Agreement (Spirent PLC)
Cancellation of Treasury Shares. All Any Company Shares that are owned directly or indirectly held by the Company as treasury stock shares shall be canceled, automatically canceled and shall cease to exist and no consideration shall be delivered in exchange therefor.
Appears in 1 contract
Samples: Agreement and Plan of Merger (FriendFinder Networks Inc.)
