Common use of Cancellation of Treasury Stock Clause in Contracts

Cancellation of Treasury Stock. All shares of common stock, of Xxxxx, par value $10.00 per share ("Xxxxx Common Stock"), that are owned by Xxxxx as treasury stock shall be canceled and retired and shall cease to exist and no stock of Buyer or other consideration shall be delivered in exchange therefor.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Burnham Corp), Agreement and Plan of Merger (Bryan Steam Corp), Agreement and Plan of Merger (Bryan Steam Corp)

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Cancellation of Treasury Stock. All shares of common stock, of Xxxxx, par value $10.00 0.01 per share share, of the Company (the "Xxxxx Company Common Stock"), ) that are owned by Xxxxx the Company as treasury stock shall be canceled and retired and shall cease to exist and no stock common shares of Buyer Parent (the "Parent Common Shares") or other consideration shall be delivered in exchange therefor.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Hancock John Financial Services Inc)

Cancellation of Treasury Stock. All shares Each share of common stockSheer, of Xxxxx, par value $10.00 per share ("Xxxxx Common Stock"), Aheaxx Xxxmon Stock that are is owned by Xxxxx as treasury stock shall Sheer, Aheaxx xxxll automatically be canceled and retired and shall cease to exist exist, and no stock none of Buyer the Common Stock, par value $.001 per share, of MedPartners Common Stock ("MedPartners Common Stock"), cash or other consideration shall be delivered in exchange therefor.

Appears in 1 contract

Samples: Plan and Agreement of Merger (Medpartners Inc)

Cancellation of Treasury Stock. All shares of common stock, of Xxxxx, par value $10.00 per share ("Xxxxx Bxxxx Common Stock"), Stock that are owned by Xxxxx Bxxxx as treasury stock stock, and all shares of Covalence Common Stock that are owned by Covalence as treasury stock, shall be canceled cancelled and retired and shall cease to exist and no stock of Buyer the Surviving Corporation or other consideration shall be delivered in exchange therefor.;

Appears in 1 contract

Samples: Agreement and Plan of Merger (Venture Packaging Inc)

Cancellation of Treasury Stock. All shares of common stock, of Xxxxx, par value $10.00 .0001 per share of Mollxx ("Xxxxx Common Xollxx Xxxmon Stock"), if any, that are owned by Xxxxx as Mollxx xx treasury stock shall be canceled and retired and shall cease to exist exist, and no stock of Buyer ServiceWare or other consideration shall be delivered in exchange therefor.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Serviceware Com Inc)

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Cancellation of Treasury Stock. All shares Each share of common stock, of Xxxxx, par value $10.00 per share ("Xxxxx Common Stock"), Xxxxxx Stock that are ------------------------------ is owned by Xxxxx as treasury stock Xxxxxx or by any subsidiary of Xxxxxx shall automatically be canceled and retired and shall cease to exist exist, and no stock of Buyer Parent Common Stock or other consideration shall be delivered or deliverable in exchange therefor.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Mac-Gray Corp)

Cancellation of Treasury Stock. All shares of common stock, stock of Xxxxxthe Company, par value $10.00 .01 per share share, (the "Xxxxx Company Common Stock"), ) that are owned by Xxxxx the Company as treasury stock shares shall be canceled and retired and shall cease to exist and no stock of Buyer Parent or other consideration shall be delivered in exchange therefor.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Yale Industrial Products Inc)

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