CANCELLATION OF TREASURY STOCK, ETC. At the Effective Time, each share of Company Stock held directly or indirectly by the Company will be canceled and will cease to exist, and no payment will be made with respect thereto.
Appears in 4 contracts
Samples: Agreement and Plan of Merger and Reorganization (Leukosite Inc), Agreement and Plan of Merger and Reorganization (Leukosite Inc), Agreement and Plan of Merger and Reorganization (Leukosite Inc)
CANCELLATION OF TREASURY STOCK, ETC. At the Effective Time, each Each share of Company Common Stock held directly or indirectly that is owned by the Company will as treasury stock, or otherwise owned by any direct or indirect Subsidiary of the Company, immediately prior to the Effective Time shall automatically be canceled and will retired and shall cease to exist, exist and no payment will shall be made with respect theretoor consideration delivered in exchange therefor.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Oracle Healthcare Acquisition Corp.)
