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

Company, Parent and Merger Sub-Owned Shares. Each Share that is owned, directly or indirectly, by Parent or Merger Sub immediately prior to the Effective Time or held by 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 be automatically cancelled and shall cease to exist, and no consideration shall be delivered in exchange for such cancellation.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (K Tron International Inc), Agreement and Plan of Merger (K Tron International Inc), Agreement and Plan of Merger (Hillenbrand, Inc.)

AutoNDA by SimpleDocs

Company, Parent and Merger Sub-Owned Shares. Each Share that is owned, directly or indirectly, by Parent or Merger Sub immediately prior to the Effective Time or held by the Company 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 automatically cancelled and retired and shall cease to exist, and no consideration shall be delivered in exchange for such cancellationtherefor.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Wj Communications Inc), Agreement and Plan of Merger (Triquint Semiconductor Inc), Agreement and Plan of Merger (Osi Restaurant Partners, Inc.)

Company, Parent and Merger Sub-Owned Shares. Each Share that is owned, directly or indirectly, owned by Parent or Merger Sub immediately prior to the Effective Time or held by 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 automatically cancelled and retired and shall cease to exist, and no consideration shall be delivered in exchange for such cancellationtherefor.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Radiation Therapy Services Inc), Agreement and Plan of Merger (Vestar Capital Partners v L P)

Company, Parent and Merger Sub-Owned Shares. Each Share that is ownedowned directly by the Company or any of its Subsidiaries, directly or indirectly, by Parent or Merger Sub immediately prior to the Effective Time or held by 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 be automatically cancelled and retired and shall cease to exist, and no consideration shall be delivered in exchange for such cancellationcancellation and retirement.

Appears in 1 contract

Samples: Agreement and Plan of Merger (ProSight Global, Inc.)

AutoNDA by SimpleDocs

Company, Parent and Merger Sub-Owned Shares. Each Share that is owned, directly or indirectly, by the Company, Parent or Merger Sub immediately prior to the Effective Time or held by 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 automatically cancelled and retired and shall cease to exist, and no consideration shall be delivered in exchange for such cancellationtherefor.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Ness Technologies Inc)

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