Company, Parent and Merger Sub-Owned Shares. Each share of Company Common 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 that is owned by Parent, Merger Sub or any of their respective direct or indirect wholly owned Subsidiaries (including the Rollover Shares), in each case immediately prior to the Effective Time, shall automatically be canceled and shall cease to exist, and no consideration shall be issued or delivered in exchange therefor.
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Samples: Agreement and Plan of Merger (Qad Inc), Agreement and Plan of Merger (Qad Inc)
Company, Parent and Merger Sub-Owned Shares. Each share of Company Common 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 that is owned by ParentParent or Merger Sub, Merger Sub or any of their respective direct or indirect wholly owned Subsidiaries (including the Rollover Shares)Subsidiaries, in each case immediately prior to the Effective Time, Time shall automatically be canceled cancelled and retired and shall cease to exist, and no consideration shall be issued or delivered in exchange therefor.
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Samples: Agreement and Plan of Merger (PAETEC Holding Corp.)
Company, Parent and Merger Sub-Owned Shares. Each share of Company Common Stock that is issued and held by the Company or any of the Company’s direct or indirect wholly owned Company Subsidiaries, and each share of Company Common Stock that is owned by Parent, Merger Sub or any of their respective direct or indirect wholly owned Subsidiaries (including the Rollover Shares)Subsidiaries, in each case immediately prior to the Effective Time, shall automatically be canceled and retired and shall cease to exist, and no consideration shall be issued or delivered in exchange therefor.
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