Cancellation of Treasury Stock and Parent-Owned Shares. All shares of Company Common Stock that are owned by the Company as treasury stock and any shares of Company Common Stock owned by Parent, the Purchaser or any other wholly owned Subsidiary of Parent shall be cancelled and retired and shall cease to exist and no consideration shall be delivered in exchange therefor.
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Samples: Merger Agreement (Nevada Chemicals Inc), Merger Agreement (OCM Principal Opportunities Fund IV, LP)
Cancellation of Treasury Stock and Parent-Owned Shares. All shares Each share of Company Common Stock or Preferred Stock that are is owned by the Company as treasury stock and any shares of Company Common Stock owned by ParentCompany, Parent or Merger Sub immediately prior to the Purchaser or any other wholly owned Subsidiary of Parent Effective Time shall automatically be cancelled and retired and shall cease to exist exist, and no cash, Ordinary Shares or other consideration shall be delivered or deliverable in exchange therefor.
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Samples: Merger Agreement (Verisity LTD)
Cancellation of Treasury Stock and Parent-Owned Shares. All shares of Company Common Stock Shares that are owned directly or indirectly by the Company as treasury stock or by any wholly owned subsidiary of the Company, and any shares of Company Common Stock Shares owned by Parent, the Purchaser Sub or any other wholly wholly-owned Subsidiary subsidiary of Parent Parent, shall be cancelled and retired and shall cease to exist canceled, and no consideration shall be delivered in exchange therefor.
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