Common use of Company, Parent and Merger Sub-Owned Shares Clause in Contracts

Company, Parent and Merger Sub-Owned Shares. Each share of Company Common Stock or Company Preferred Stock that is issued and held by the Company or any of the Company’s direct or indirect wholly owned Subsidiaries, and each share of Company Common Stock or Company Preferred Stock that is owned by Parent, Merger Sub or any of their respective direct or indirect wholly owned Subsidiaries, in each case immediately prior to the Effective Time, shall remain outstanding.

Appears in 5 contracts

Samples: Agreement and Plan of Merger, Agreement and Plan of Merger, Agreement and Plan of Merger (Albertsons Companies, Inc.)

AutoNDA by SimpleDocs

Company, Parent and Merger Sub-Owned Shares. Each share of Company Common Stock or Company Preferred Stock that is issued and held by the Company or any of the Company’s direct or indirect wholly owned Subsidiaries, and each share of Company Common Stock or Company Preferred Stock that is owned by Parent, Parent or Merger Sub or any of their respective direct or indirect wholly owned Subsidiaries, in each case immediately prior to the Effective TimeTime (collectively, the “Cancelled Shares”) shall remain outstandingautomatically be cancelled and retired and shall cease to exist, and no consideration shall be issued or delivered in exchange therefor.

Appears in 4 contracts

Samples: Agreement and Plan of Merger (Applera Corp), Agreement and Plan of Merger (Invitrogen Corp), Agreement and Plan of Merger (Applera Corp)

AutoNDA by SimpleDocs

Company, Parent and Merger Sub-Owned Shares. Each share of Company Common Stock or Company Preferred Stock that is issued and held by the Company or any of the Company’s direct or indirect wholly owned Subsidiaries, and each share of Company Common Stock WKH &RPSDQ\¶V GLUHFW RU LQGLUHFW ZKROO\ RZQHG 6 or Company Preferred Stock that is owned by Parent, Merger Sub or any of their respective direct or indirect wholly owned Subsidiaries, in each case immediately prior to the Effective Time, shall remain outstanding.

Appears in 1 contract

Samples: Agreement and Plan of Merger

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!