Common use of CANCELLED STOCK Clause in Contracts

CANCELLED STOCK. All shares of Company Common Stock (and the associated Rights) held at the Effective Time by Company as treasury stock or by Parent or Sub shall be cancelled and extinguished and no payment shall be made with respect thereto.

Appears in 2 contracts

Samples: Merger Agreement (Ilex Oncology Inc), Merger Agreement (Genzyme Corp)

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CANCELLED STOCK. All shares of Company Common Stock (and the associated Rights) held at the Effective Time by Company as treasury stock or by a Company Subsidiary or by Parent, Merger Sub or another wholly-owned subsidiary of Parent or Sub shall be cancelled and extinguished and no payment shall be made with respect thereto.

Appears in 2 contracts

Samples: Merger Agreement (Geltex Pharmaceuticals Inc), Merger Agreement (Genzyme Corp)

CANCELLED STOCK. All shares of Company Common Stock (and the associated Rights) held at the Effective Time by the Company as treasury stock or by Parent, Merger Sub or another wholly-owned subsidiary of Parent or Sub shall be cancelled and extinguished and no payment shall be made with respect thereto.

Appears in 1 contract

Samples: Merger Agreement (Genzyme Corp)

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CANCELLED STOCK. All shares of Company Common Stock (and the associated Rights) held at the Effective Time by the Company as treasury stock or by Parent or Sub a Company Subsidiary shall be cancelled and extinguished and no payment shall be made with respect thereto.

Appears in 1 contract

Samples: Merger Agreement (Genzyme Corp)

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