Cancellation of Treasury Stock. All shares of Company Common Stock that are owned by the Company as treasury stock shall be canceled and retired and shall cease to exist and no Parent Shares or other consideration shall be delivered in exchange therefor.
Appears in 3 contracts
Samples: Agreement and Plan of Merger (Warburg Pincus Investors Lp), Agreement and Plan of Merger (Nexstar Pharmaceuticals Inc), Agreement and Plan of Merger (Gilead Sciences Inc)
Cancellation of Treasury Stock. All shares Each share of Company Common Stock that are is owned (or held in the treasury) by the Company as treasury stock or any wholly owned subsidiary of the Company shall no longer be outstanding and shall automatically be canceled and retired and shall cease to exist exist, and no Parent Shares or other consideration shall be delivered or deliverable in exchange therefor.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (HCH Acquisition Corp), Agreement and Plan of Merger (JRC Acquisition Corp)
Cancellation of Treasury Stock. All shares Each share of Company Common Stock that are is owned by the Company as treasury stock or by any wholly owned Subsidiary of Company shall automatically be canceled and retired and shall cease to exist exist, and no Parent Shares cash or other treasury stock consideration shall be delivered or deliverable in exchange therefor.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Authentic Specialty Foods Inc), Agreement and Plan of Merger (Murdock David H)
Cancellation of Treasury Stock. All shares of Company Common Stock that are owned by the Company as treasury stock shall be canceled automatically canceled, retired and retired extinguished and shall cease to exist and no Parent Shares payment or other consideration shall be made or delivered in exchange therefor.with respect thereto. (c)
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Magellan Health Services Inc), Agreement and Plan of Merger (Magellan Health Services Inc)
Cancellation of Treasury Stock. All shares of Company Common Stock that are owned by the Company as treasury stock shall be canceled and retired and shall cease to exist (collectively the "Canceled Shares") and no Parent Shares stock of the Buyer or other consideration shall be delivered in exchange therefor.
Appears in 2 contracts
Samples: Agreement of Merger and Plan of Reorganization (Clearworks Net Inc), Agreement of Merger and Plan of Reorganization (Clearworks Net Inc)
Cancellation of Treasury Stock. All At the Effective Time, by virtue of the Merger and without any action on the part of the Company, all shares of Company Common Stock and Series A Preferred Stock that are owned by the Company as treasury stock shall be canceled and retired and shall cease to exist exist, and no Parent Shares Common Stock or other consideration shall be delivered in exchange therefor.
Appears in 1 contract
Samples: Agreement and Plan of Merger and Reorganization (Siebel Systems Inc)
Cancellation of Treasury Stock. All shares of Company Common Stock that are owned by the Company as treasury stock shall be canceled and retired and shall cease to exist and no stock of Parent Shares or other consideration shall be delivered in exchange therefor.
Appears in 1 contract
Cancellation of Treasury Stock. All shares Each share of Company Common Stock that are is owned by the Company as treasury stock shall automatically be canceled and retired and shall cease to exist and no Parent Shares or other consideration shall be delivered or deliverable in exchange therefor.
Appears in 1 contract
Samples: Agreement and Plan of Merger (U S Digital Communications Inc)
Cancellation of Treasury Stock. All shares Each share of Company Common Stock that are is issued and held in the treasury of the Company or is owned by the Company as treasury stock or by any subsidiary of the Company shall automatically be canceled and retired and shall cease to exist exist, and no Parent Shares Common Stock or other consideration shall be delivered in exchange therefor.
Appears in 1 contract
Cancellation of Treasury Stock. All shares of Company Common Stock that are owned by the Company as treasury stock or any other wholly owned Subsidiary of the Company shall be canceled cancelled and retired and shall cease to exist and no Parent Shares or other consideration shall be delivered in exchange therefor.
Appears in 1 contract
