Common use of Cancellation of Treasury Stock Clause in Contracts

Cancellation of Treasury Stock. Any Company Shares held in the Company’s treasury immediately prior to the Effective Time shall be cancelled and retired without payment of any consideration therefor.

Appears in 2 contracts

Samples: Agreement and Plan of Merger, Agreement and Plan of Merger (Amag Pharmaceuticals Inc.)

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Cancellation of Treasury Stock. Any All Shares that are owned by the Company Shares held in the Company’s as treasury stock immediately prior to the Effective Time shall be cancelled canceled and retired without payment of any and shall cease to exist and no consideration shall be delivered in exchange therefor.. (d)

Appears in 1 contract

Samples: Agreement and Plan of Merger (Plasti Line Inc /Tn/)

Cancellation of Treasury Stock. Any At the Effective Time, each Company Shares held in Unit owned by the Company’s treasury Company immediately prior to the Effective Time shall be cancelled canceled and retired extinguished without any conversion or payment of any consideration thereforin respect thereof.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Transcat Inc)

Cancellation of Treasury Stock. Any All Shares that are owned by the Company Shares held in the Company’s as treasury stock immediately prior to the Effective Time ("Treasury Shares") shall be cancelled canceled and retired without payment of any and shall cease to exist and no consideration shall be delivered in exchange therefor.

Appears in 1 contract

Samples: Agreement and Plan of Merger (United Foods Inc)

Cancellation of Treasury Stock. Any shares of Company Shares held in the Company’s treasury Stock that are owned immediately prior to the Effective Time by the Company that constitute treasury stock or are otherwise owned by the Company or any of its Subsidiaries shall be cancelled and retired without payment of any and shall cease to exist, and no consideration shall be delivered in exchange therefor.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Mavenir Systems Inc)

Cancellation of Treasury Stock. Any Each share of Company Shares capital stock held in by the Company’s Company as treasury stock or owned by any Company Subsidiary immediately prior to the Effective Time shall be cancelled canceled and retired without retired, and no payment of any shall be made or consideration therefordelivered in respect thereto.

Appears in 1 contract

Samples: Agreement and Plan of Merger (GXS Corp)

Cancellation of Treasury Stock. Any All shares of capital stock of the Company Shares held in that are owned by the Company’s Company as treasury stock immediately prior to the Effective Time shall automatically be cancelled and retired without payment of any and shall cease to exist and no consideration shall be delivered in exchange therefor.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Sonic Solutions/Ca/)

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Cancellation of Treasury Stock. Any Each Company Shares Share held in by the Company’s treasury Company immediately prior to the Effective Time shall be cancelled and retired extinguished without payment of any conversion thereof and no consideration shall be delivered in exchange therefor.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Acorda Therapeutics Inc)

Cancellation of Treasury Stock. Any Company Shares held in the Company’s treasury immediately prior to the Effective Time shall be cancelled canceled and retired without payment of any consideration therefor.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Alkermes Plc.)

Cancellation of Treasury Stock. Any shares of Company Shares held in the Company’s treasury Stock that are owned immediately prior to the Effective Time by the Company which constitutes treasury stock, shall be cancelled canceled and retired without payment of any and shall cease to exist, and no consideration shall be delivered in exchange therefor.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Computer Associates International Inc)

Cancellation of Treasury Stock. Any Each share of Company Shares held in Capital Stock that is owned by the Company’s treasury Company of the Company immediately prior to the Effective Time shall automatically be cancelled and retired without payment of any conversion thereof and no consideration thereforshall be delivered with respect thereto.

Appears in 1 contract

Samples: Merger Agreement (Qlogic Corp)

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