Cancellation of Treasury Stock. Any Company Stock that is owned by the Company and not issued and outstanding as of the Effective Time shall be automatically cancelled and shall cease to exist and no consideration shall be delivered in exchange therefor.
Appears in 5 contracts
Samples: Merger Agreement (Evolent Health, Inc.), Merger Agreement (Mitek Systems Inc), Merger Agreement (Signet Jewelers LTD)
Cancellation of Treasury Stock. Any Company Capital Stock that is owned by the Company and not issued and outstanding as of the Effective Time shall be automatically cancelled canceled and shall cease to exist and no consideration shall be delivered in exchange therefor.
Appears in 3 contracts
Samples: Merger Agreement (Brady Corp), Merger Agreement (Nordson Corp), Merger Agreement (Rimage Corp)
Cancellation of Treasury Stock. Any Each share of capital stock of the Company Stock issued and outstanding immediately prior to the Effective Time that is owned by the Company (as treasury stock or otherwise) shall automatically be cancelled and not issued and outstanding as of the Effective Time shall be automatically cancelled retired and shall cease to exist exist, and no cash or other consideration shall be delivered or deliverable in exchange therefor.
Appears in 3 contracts
Samples: Merger Agreement, Merger Agreement (Worthington Industries Inc), Merger Agreement (PAETEC Holding Corp.)
Cancellation of Treasury Stock. Any Each share of Company Capital Stock that is owned held by the Company and not issued and outstanding as of immediately prior to the Effective Time shall be automatically cancelled canceled and shall cease to exist extinguished without any conversion thereof and no consideration shall be delivered in exchange therefor.
Appears in 3 contracts
Samples: Merger Agreement (Volcano Corp), Merger Agreement (Volcano Corp), Merger Agreement (Volcano Corp)
Cancellation of Treasury Stock. Any Company Stock Each Share that is owned by the Company shall automatically be canceled and not issued and outstanding as of the Effective Time shall be automatically cancelled retired and shall cease to exist exist, and no cash or other consideration shall be delivered or deliverable in exchange therefor.
Appears in 3 contracts
Samples: Recapitalization Agreement (Mascotech Inc), Recapitalization Agreement (Mascotech Inc), Recapitalization Agreement (Sunburst Hospitality Corp)
Cancellation of Treasury Stock. Any Each share of the Company Stock that is owned held immediately before the Effective Time by the Company and not issued and outstanding as of the Effective Time treasury stock shall be automatically cancelled and shall cease to exist extinguished without any conversion thereof, and no consideration payment or distribution shall be delivered in exchange thereformade with respect thereto.
Appears in 3 contracts
Samples: Merger Agreement (PTC Inc.), Agreement and Plan of Merger (PTC Inc.), Merger Agreement
Cancellation of Treasury Stock. Any shares of Company Stock that is are owned by the Company and not issued and outstanding as of the Effective Time treasury stock shall be automatically cancelled canceled and shall cease to exist and no consideration shall be delivered in exchange therefor.
Appears in 2 contracts
Samples: Merger Agreement (Gentiva Health Services Inc), Merger Agreement (Gentiva Health Services Inc)
Cancellation of Treasury Stock. Any Company Stock All Shares that is are owned by the Company and not issued and outstanding as of the Effective Time treasury stock shall be automatically cancelled canceled and shall cease to exist exist, and no consideration shall be delivered in exchange therefor.
Appears in 2 contracts
Samples: Merger Agreement (Q2 Holdings, Inc.), Merger Agreement
Cancellation of Treasury Stock. Any share of Company Stock that which is owned held by the Company and not issued and outstanding as of the Effective Time treasury stock shall be automatically cancelled canceled and retired, without any conversion thereof, and shall cease to exist and no consideration shall be delivered in exchange thereforor deliverable with respect thereto.
Appears in 2 contracts
Samples: Merger Agreement (Serologicals Corp), Merger Agreement (Serologicals Corp)
Cancellation of Treasury Stock. Any Each share of Company Capital Stock that is owned by the Company and not issued and outstanding as of immediately prior to the Effective Time shall automatically be automatically cancelled canceled and shall cease to exist exist, and no consideration shall be delivered in exchange therefor.
Appears in 2 contracts
Samples: Transaction Agreement, Transaction Agreement (CytoDyn Inc.)
Cancellation of Treasury Stock. Any Company Stock Each Share that is owned by the Company and not issued and outstanding as or by any subsidiary of the Effective Time Company shall automatically be automatically cancelled canceled and retired and shall cease to exist exist, and no consideration shall be delivered in exchange therefor.
Appears in 2 contracts
Samples: Merger Agreement (Chicago Dock & Canal Trust), Merger Agreement (Chicago Dock & Canal Trust)
Cancellation of Treasury Stock. Any Company All shares of Capital Stock that is are owned by the Company and not issued and outstanding as of the Effective Time treasury stock shall be automatically cancelled canceled and shall cease to exist exist, and no consideration shall be delivered in exchange therefor.
Appears in 1 contract
Cancellation of Treasury Stock. Any Each share of Company Stock issued and outstanding immediately prior to the First Effective Time that is owned by the Company (as treasury stock or otherwise) shall automatically be cancelled and not issued and outstanding as of the Effective Time shall be automatically cancelled retired and shall cease to exist exist, and no cash or other consideration shall be delivered or deliverable in exchange thereforthereof.
Appears in 1 contract
Samples: Merger Agreement (Revolution Lighting Technologies, Inc.)
Cancellation of Treasury Stock. Any Company Each share of Treasury Stock that is owned by the Company shall automatically be canceled and not issued and outstanding as of the Effective Time shall be automatically cancelled retired and shall cease to exist exist, and no consideration shall be delivered in exchange therefor.
Appears in 1 contract
Cancellation of Treasury Stock. Any Each share of Company Capital Stock that is owned by the Company and not issued and outstanding as treasury stock as of immediately prior to the Effective Time shall be automatically cancelled and shall cease to exist and no payment or consideration shall be delivered in exchange therefor.
Appears in 1 contract
Samples: Draft Agreement (Rovi Corp)
Cancellation of Treasury Stock. Any Company Capital Stock that is owned by the Company and not issued and outstanding as of the Effective Time, and any Company Capital Stock that is owned by any Subsidiary of the Company as of the Effective Time shall shall, in each case, be automatically cancelled canceled and shall cease to exist and no consideration shall be delivered in exchange therefor.
Appears in 1 contract
Cancellation of Treasury Stock. Any Each share of Company Stock issued and outstanding immediately prior to the Effective Time that is owned by the Company (as treasury stock or otherwise) shall automatically be cancelled and not issued and outstanding as of the Effective Time shall be automatically cancelled retired and shall cease to exist exist, and no cash or other consideration shall be delivered or deliverable in exchange therefor.
Appears in 1 contract
Cancellation of Treasury Stock. Any All shares of capital stock of the Company Stock that is are owned by the Company and not issued and outstanding as of treasury stock immediately prior to the Effective Time shall automatically be automatically cancelled and retired and shall cease to exist and no consideration shall be delivered in exchange therefor.
Appears in 1 contract
Cancellation of Treasury Stock. Any Company Stock Shares that is are owned by the Company and not issued and outstanding as of the Effective Time treasury stock shall be automatically cancelled and shall cease to exist and no consideration shall be delivered in exchange therefor.
Appears in 1 contract
Samples: Merger Agreement (Shutterfly Inc)
Cancellation of Treasury Stock. Any All of the Company Stock Shares that is are owned by the Company and not issued and outstanding as of the Effective Time treasury stock shall automatically cease to be outstanding, shall be automatically cancelled canceled and shall cease to exist and no consideration portion of the Merger Consideration shall be delivered in exchange therefor.
Appears in 1 contract
Cancellation of Treasury Stock. Any Company Capital Stock that is owned or held by the Company and not issued and outstanding or any of its Subsidiaries or by Parent or Acquisition Corp. as of immediately prior to the Effective Time shall be automatically cancelled canceled and shall cease to exist exist, and no consideration shall be delivered in exchange therefor.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Forrester Research, Inc.)
Cancellation of Treasury Stock. Any Company Stock All Shares that is are owned by the Company and not issued and outstanding as of treasury stock immediately prior to the Effective Time shall be automatically cancelled canceled and retired and shall cease to exist and no consideration shall be delivered in exchange therefor.
Appears in 1 contract
Cancellation of Treasury Stock. Any Each share of capital stock of the Company Stock issued and outstanding immediately prior to the Effective Time that is owned by the Company (as treasury stock or otherwise) shall automatically be canceled and not issued and outstanding as of the Effective Time shall be automatically cancelled retired and shall cease to exist exist, and no cash or other consideration shall be delivered or deliverable in exchange therefor.
Appears in 1 contract
Cancellation of Treasury Stock. Any Company Stock that is owned by the Company and not issued and outstanding as of the Effective Time (if any), shall be automatically cancelled and shall cease to exist and no consideration shall be delivered in exchange therefor.
Appears in 1 contract
Samples: Merger Agreement (ironSource LTD)
Cancellation of Treasury Stock. Any Each share of Company Stock issued and outstanding immediately prior to the Effective Time that is owned by the Company (as treasury stock or otherwise) shall automatically be cancelled and not issued and outstanding as of the Effective Time shall be automatically cancelled retired and shall cease to exist exist, and no cash or other consideration shall be delivered or deliverable in exchange thereforthereof.
Appears in 1 contract
Samples: Merger Agreement (Revolution Lighting Technologies, Inc.)
Cancellation of Treasury Stock. Any Company Each share of Capital Stock that is owned by the Company and not issued and outstanding as of immediately prior to the Effective Time that is owned, directly or indirectly, by Parent, Sub, the Company or by any subsidiary of the Company shall automatically be automatically cancelled and retired and shall cease to exist exist, and no cash or other consideration shall be delivered or deliverable in exchange therefor.
Appears in 1 contract
Cancellation of Treasury Stock. Any shares of Company Stock that is are owned immediately prior to the Effective Time by the Company and not issued and outstanding as of the Effective Time which constitutes treasury stock, shall be automatically cancelled canceled and retired and shall cease to exist exist, and no consideration shall be delivered in exchange therefor.
Appears in 1 contract
Samples: Merger Agreement (Computer Associates International Inc)
Cancellation of Treasury Stock. Any All shares of Company Stock that is are owned by the Company and not issued and outstanding as or by any wholly owned subsidiary of Company immediately prior to the Effective Time shall be automatically cancelled and shall cease to exist and no consideration shall be delivered in exchange therefor.
Appears in 1 contract
Cancellation of Treasury Stock. Any shares of Company Stock that is are owned by the Company and not issued and outstanding as of the Effective Time treasury stock; shall be automatically cancelled canceled and shall cease to exist and no consideration shall be delivered in exchange therefor.
Appears in 1 contract
Cancellation of Treasury Stock. Any Company Stock All Shares that is are owned by the Company and not issued and outstanding as of treasury stock immediately prior to the Effective Time ("Treasury Shares") shall be automatically cancelled canceled and retired and shall cease to exist and no consideration shall be delivered in exchange therefor.
Appears in 1 contract
Samples: Merger Agreement (United Foods Inc)
Cancellation of Treasury Stock. Any Each share of Company Capital Stock that is owned by held in the treasury of the Company shall automatically be cancelled and not issued and outstanding as of the Effective Time shall be automatically cancelled retired and shall cease to exist exist, and no consideration shall be delivered in exchange therefor.
Appears in 1 contract
Samples: Merger Agreement (Valeant Pharmaceuticals International)
Cancellation of Treasury Stock. Any Each share, if any, of Company Common Stock or Company Preferred Stock issued and outstanding immediately prior to the Effective Time that is owned by the Company and not issued and outstanding as of the Effective Time shall automatically be automatically cancelled and shall cease to exist exist, and no consideration shall be delivered or deliverable in exchange therefor.
Appears in 1 contract
Samples: Merger Agreement (Protherics PLC)
Cancellation of Treasury Stock. Any Notwithstanding Section 1.06(c), each share of Company Stock that is owned by the Company and not issued and outstanding as of the Effective Time shall automatically be automatically cancelled and shall cease to exist exist, and no cash or other consideration shall be delivered or deliverable in exchange therefor.
Appears in 1 contract
Samples: Merger Agreement (DCP Holding CO)
Cancellation of Treasury Stock. Any shares of Company Stock that is are owned by the Company and not issued and outstanding as (or any of its direct or indirect Subsidiaries) immediately prior to the Effective Time (the “Excluded Shares”) shall be automatically cancelled canceled and shall cease to exist exist, and no consideration shall be delivered in exchange therefor.
Appears in 1 contract
Samples: Merger Agreement (Limeade, Inc)
Cancellation of Treasury Stock. Any shares of Company Stock that is are owned immediately prior to the Effective Time by the Company that constitute treasury stock or are otherwise owned by the Company and not issued and outstanding as or any of the Effective Time its Subsidiaries shall be automatically cancelled and retired and shall cease to exist exist, and no consideration shall be delivered in exchange therefor.
Appears in 1 contract
Cancellation of Treasury Stock. Any As of the Effective Time, any Company Stock Shares that is are owned beneficially or of record by the Company and not issued and outstanding as or any of the Effective Time its Subsidiaries shall automatically be automatically cancelled and retired and all rights with respect thereto shall cease to exist exist, and no consideration shall be delivered in exchange therefor.
Appears in 1 contract