Common use of Cancellation of Treasury Shares Clause in Contracts

Cancellation of Treasury Shares. At the Closing Date, any Company Ordinary Shares held in treasury shall be canceled and extinguished without any conversion thereof or payment therefor.

Appears in 6 contracts

Samples: Share Exchange Agreement (Legacy Acquisition Corp.), Share Exchange Agreement (Legacy Acquisition Corp.), Share Exchange Agreement (Renren Inc.)

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Cancellation of Treasury Shares. At the Closing Date, any Company Ordinary Shares Common Stock held in treasury shall be canceled and extinguished without any conversion thereof or payment therefor.

Appears in 1 contract

Samples: Share Exchange Agreement (Wealthbridge Acquisition LTD)

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