Cancelled Shares. Each Company Share that is owned directly by the Company (or any wholly owned Subsidiary of the Company), Parent or Merger Sub immediately prior to the Effective Time (the “Cancelled Shares”) shall be cancelled and retired and shall cease to exist, and no consideration shall be delivered in exchange for such cancellation and retirement.
Appears in 5 contracts
Samples: Merger Agreement (Taylor Morrison Home Corp), Agreement and Plan of Merger (William Lyon Homes), Agreement and Plan of Merger (Taylor Morrison Home Corp)
Cancelled Shares. Each All Company Share Shares that is owned are owned, directly or indirectly, by Parent, Merger Sub or the Company (or any wholly owned Subsidiary of including Company Shares held as treasury stock by the Company), Parent or Merger Sub and in each case not held on behalf of third parties, immediately prior to the Effective Time (collectively, the “Cancelled Shares”) ), shall automatically cease to be outstanding and be cancelled and retired and shall cease to exist, exist and no consideration shall be delivered in exchange for such cancellation and retirementtherefor.
Appears in 2 contracts
Samples: Merger Agreement (Albertsons Companies, LLC), Merger Agreement (Rite Aid Corp)
Cancelled Shares. Each Company Share that is owned directly by the Company (or any wholly owned Subsidiary of the Company), Parent or Parent, Merger Sub or any of their respective Affiliates (in each case, to the extent applicable) immediately prior to the Effective Time (the “Cancelled Shares”) shall be cancelled and retired and shall cease to exist, and no consideration shall be delivered in exchange for such cancellation and retirement.
Appears in 1 contract
Samples: Merger Agreement (Trecora Resources)
Cancelled Shares. Each Company Share that is owned owned, directly or indirectly, by the Company (or any wholly owned Subsidiary of the Company), Parent or Merger Sub immediately prior to the Effective Time, if any, or held by the Company or any Subsidiary of the Company immediately prior to the Effective Time (in each case, other than any such Shares held on behalf of third parties) (the “Cancelled Shares”) shall shall, by virtue of the Merger and without any action on the part of the holder thereof, be cancelled and retired and shall cease to exist, and no consideration shall be delivered in exchange for such cancellation and retirement.
Appears in 1 contract
Samples: Merger Agreement (Fiserv Inc)
Cancelled Shares. Each Company Share that is owned directly by the Company (or any wholly owned Subsidiary of the Company), Parent or Parent, Merger Sub or any of their respective Affiliates immediately prior to the Effective Time (the “Cancelled Shares”) shall be cancelled and retired and shall cease to exist, and no consideration shall be delivered in exchange for such cancellation and retirement.
Appears in 1 contract
Samples: Merger Agreement (New Home Co Inc.)
Cancelled Shares. Each Company Share that is owned directly by the Company (or any direct or indirect wholly owned Subsidiary of the Company), Holdings, Parent or Merger Sub immediately prior to the Effective Time (the “Cancelled Shares”) shall be cancelled and retired and shall cease to exist, and no consideration shall be delivered in exchange for such cancellation and retirement.
Appears in 1 contract
