Cancellation of Treasury Stock and Parent-Owned Stock. Each share of Company Common Stock and Company Preferred Stock then issued and held in the Company's treasury and each share of Company Common Stock and Company Preferred Stock then owned by Parent, Merger Sub or any other wholly owned subsidiary of Parent, shall be canceled and retired and shall cease to exist, and no consideration shall be delivered in exchange therefor.
Appears in 5 contracts
Samples: Merger Agreement (Inncardio, Inc), Merger Agreement (Front Porch Digital Inc), Merger Agreement (Front Porch Digital Inc)
Cancellation of Treasury Stock and Parent-Owned Stock. Each share All shares of Company Common Stock that are owned by the Company as treasury stock and Company Preferred Stock then issued and held in the Company's treasury and each share any shares of Company Common Stock and Company Preferred Stock then owned by Parent, Merger Sub Purchaser or any other wholly owned subsidiary of Parent, Parent shall be canceled cancelled and retired and shall cease to exist, exist and no consideration shall be delivered in exchange therefor.
Appears in 3 contracts
Samples: Merger Agreement (Baxter International Inc), Merger Agreement (Bell Industries Inc), Merger Agreement (Psicor Inc)
Cancellation of Treasury Stock and Parent-Owned Stock. Each share of Company Common Stock and that is owned by the Company Preferred Stock then issued and or held in the Company's treasury and each share of Company Common Stock and Company Preferred Stock then Share that is owned by Parent, Merger Sub or any other wholly owned subsidiary of Parent, Parent shall automatically be canceled and retired and shall cease to exist, and no consideration shall be delivered in exchange therefor.
Appears in 2 contracts
Samples: Merger Agreement (Purdue Acquisition Corp), Merger Agreement (Cocensys Inc)
Cancellation of Treasury Stock and Parent-Owned Stock. Each share of Company Common Stock and Company Preferred Stock then issued and held in that is owned by the Company's treasury , Parent or Sub shall no longer be outstanding and each share of Company Common Stock and Company Preferred Stock then owned by Parent, Merger Sub or any other wholly owned subsidiary of Parent, shall automatically be canceled and retired and shall cease to exist, and no consideration shall be delivered or deliverable in exchange therefor.
Appears in 2 contracts
Samples: Merger Agreement (Maytag Corp), Merger Agreement (Maytag Corp)
Cancellation of Treasury Stock and Parent-Owned Stock. Each share of Company Common Stock and Company Preferred Stock then issued and held in the Company's treasury of the Company and each share of Company Common Stock and Company Preferred Stock then Share owned by Parent, Merger Sub Parent or any other wholly direct or indirect wholly-owned subsidiary of Parent, Parent or of the Company immediately prior to the Effective Time shall be canceled and retired and shall cease to exist, extinguished without any conversion thereof and no consideration shall be delivered in exchange therefor.
Appears in 2 contracts
Samples: Tender Offer Agreement and Plan of Merger (New Jersey Steel Corp), Tender Offer Agreement and Plan of Merger (Co Steel Inc)
Cancellation of Treasury Stock and Parent-Owned Stock. Each share of Share that is owned by Company Common Stock and Company Preferred Stock then issued and held in the Company's treasury and each share of Company Common Stock and Company Preferred Stock then Share that is owned by Parent, Merger Sub Parent or any other wholly owned subsidiary of Parent, Subsidiary shall automatically be canceled and retired and shall cease to exist, and no consideration shall be delivered in exchange therefor. Each Share that is owned by any direct or indirect wholly-owned subsidiary of Parent (other than Subsidiary) or of Company shall remain outstanding without change.
Appears in 2 contracts
Samples: Merger Agreement (Dames & Moore Group), Merger Agreement (Urs Corp /New/)
Cancellation of Treasury Stock and Parent-Owned Stock. Each share of Company Common Stock and Company Preferred Stock then issued and held that is owned by the Company or by any wholly-owned Subsidiary (as defined in Section 8.03) of the Company's treasury Company and each share of Company Common Stock and Company Preferred Stock then that is owned by Parent, Merger Sub or any other wholly wholly-owned subsidiary Subsidiary of Parent, Parent automatically shall be canceled and retired and shall cease to exist, and no consideration shall be delivered in exchange therefor.
Appears in 1 contract
