Common use of CANCELLATION OF TREASURY STOCK, ETC Clause in Contracts

CANCELLATION OF TREASURY STOCK, ETC. At the Effective Time, each share of Company Common Stock held directly or indirectly by BUYER or the Company or any of their respective Subsidiaries will be canceled and will cease to exist, and no payment will be made with respect thereto.

Appears in 1 contract

Samples: Agreement and Plan of Merger and Reorganization (Sonus Networks Inc)

AutoNDA by SimpleDocs

CANCELLATION OF TREASURY STOCK, ETC. At the Effective Time, each share of Company Common Stock held directly or indirectly by BUYER Buyer or the Company or any of their respective Subsidiaries will be canceled and will cease to exist, and no payment will be made with respect thereto.

Appears in 1 contract

Samples: Agreement and Plan of Merger and Reorganization (Ibasis Inc)

CANCELLATION OF TREASURY STOCK, ETC. At the Effective Time, each Each share of Company Common Stock held directly or indirectly by BUYER Streamline or the Company or any of their respective Subsidiaries subsidiaries will be canceled and will cease to exist, and no payment will be made with respect thereto.

Appears in 1 contract

Samples: Agreement and Plan of Merger and Reorganization (Streamline Inc)

AutoNDA by SimpleDocs

CANCELLATION OF TREASURY STOCK, ETC. At the Effective Time, each share of Company Common Stock held directly or indirectly by BUYER or the Company or any of their respective Subsidiaries Company, if any, will be canceled and will cease to exist, and no payment will be made with respect thereto.

Appears in 1 contract

Samples: Agreement and Plan of Merger and Reorganization (Activbiotics Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.