Cancellation of Treasury Stock and Parent and Merger Sub-Owned Company Common Stock. All shares of Company Common Stock that are owned by the Company or any direct or indirect Subsidiary of the Company and any shares of Company Common Stock owned by Parent, Merger Sub or any subsidiary of Parent or Merger Sub or held in the treasury of the Company shall, by virtue of the Merger and without any action on the part of the holder thereof, be cancelled and retired and shall cease to exist, and no cash or other consideration shall be delivered or deliverable in exchange therefor.
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Samples: Agreement and Plan of Merger (Sorensen Trust), Agreement and Plan of Merger (Westaff Inc), Agreement and Plan of Merger (Remedytemp Inc)
Cancellation of Treasury Stock and Parent and Merger Sub-Owned Company Common Stock. All shares of Company Common Stock that are owned by or held in the treasury of the Company or any direct or indirect Subsidiary of the Company and any shares of Company Common Stock owned by Parent, Merger Sub or any subsidiary of Parent or Merger Sub or held in the treasury of the Company shall, by virtue of the Merger and without any action on the part of the holder thereof, be cancelled and retired and shall cease to exist, and no cash or other consideration shall be delivered or deliverable in exchange therefor.
Appears in 3 contracts
Samples: Agreement and Plan of Merger (Rent a Center Inc De), Agreement and Plan of Merger (Rent Way Inc), Employment Agreement (Zevex International Inc)
Cancellation of Treasury Stock and Parent and Merger Sub-Owned Company Common Stock. All shares of Company Common Stock that are owned by the Company or any direct or indirect Subsidiary of the Company and any shares of Company Common Stock owned by Parent, Merger Sub or any subsidiary of Parent or Merger Sub or held in the treasury of the Company shall, by virtue of the Merger and without any action on the part of the holder thereof, be cancelled and retired and shall cease to exist, and no cash or other consideration shall be delivered or deliverable in exchange therefor.
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Cancellation of Treasury Stock and Parent and Merger Sub-Owned Company Common Stock. All shares Each share of Company Common Stock that are owned by the Company or any direct or indirect Subsidiary common stock, par value $.10 per share, of the Company and any shares of (“Company Common Stock Stock”) that is owned by Parent, Merger Sub or any subsidiary of Parent or Merger Sub or held in the treasury of the Company shall(collectively, by virtue of the Merger and without any action on the part of the holder thereof, “Excluded Shares”) shall automatically be cancelled canceled and retired and shall cease to exist, and no cash or other consideration shall be delivered or deliverable in exchange therefor.
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Samples: Agreement and Plan of Merger (Strategic Distribution Inc)
Cancellation of Treasury Stock and Parent and Merger Sub-Owned Company Common Stock. All shares of Company Common Stock that are owned by the Company or any direct or indirect Subsidiary wholly owned subsidiary of the Company and any shares of Company Common Stock owned by Parent, Merger Sub or any subsidiary of Parent or Merger Sub or held in the treasury of the Company immediately prior to the Effective Time shall, by virtue of the Merger and without any action on the part of the holder thereof, be cancelled and retired and shall cease to exist, and no cash cash, securities or other consideration shall be delivered or deliverable in exchange therefor.
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Cancellation of Treasury Stock and Parent and Merger Sub-Owned Company Common Stock. All shares of Company Common Stock that are owned by the Company or any direct or indirect Subsidiary of the Company and any shares of Company Common Stock owned by Parent, Merger Sub or any subsidiary Subsidiary of Parent or Merger Sub or held in the treasury of the Company (other than shares held on behalf of third parties) shall, by virtue of the Merger and without any action on the part of the holder thereof, be cancelled and retired and shall cease to exist, and no cash or other consideration shall be delivered or deliverable in exchange therefor.
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Cancellation of Treasury Stock and Parent and Merger Sub-Owned Company Common Stock. All shares Each issued and outstanding share of common stock, par value $0.001 per share, of Company Common Stock that are owned by (the Company or any direct or indirect Subsidiary of the Company and any shares of “Company Common Stock Stock”) that is owned by Parent, Merger Sub or any other wholly owned subsidiary of Parent or Merger Sub or held in the treasury of Company (collectively, the Company shall, by virtue of the Merger and without any action on the part of the holder thereof, “Excluded Shares”) shall automatically be cancelled canceled and retired and shall cease to exist, and no cash cash, Company Common Stock or other consideration shall be delivered or deliverable in exchange therefor.
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