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 a Company Subsidiary or by Parent, Merger Sub or another wholly-owned subsidiary of Parent shall be cancelled and extinguished and no payment shall be made with respect thereto.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Geltex Pharmaceuticals Inc), Agreement and Plan of Merger (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 a Company Subsidiary or by Parent, Merger Sub or another wholly-owned subsidiary of Parent shall be cancelled and extinguished and no payment shall be made with respect thereto.

Appears in 1 contract

Samples: Agreement and Plan of Merger (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 a Company Subsidiary or by Parent, Merger Sub or another wholly-owned subsidiary of Parent shall be cancelled and extinguished and no payment shall be made with respect thereto.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Genzyme Corp)

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