Common use of Company Treasury Stock Clause in Contracts

Company Treasury Stock. Each share of Company Stock held in the treasury of the Company (“Treasury Shares”) immediately prior to the Effective Time shall be cancelled without any conversion thereof and no payment or distribution shall be made with respect thereto; and

Appears in 5 contracts

Samples: Merger Agreement (FTAC Emerald Acquisition Corp.), Merger Agreement (Monterey Capital Acquisition Corp), Merger Agreement (Locust Walk Acquisition Corp.)

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Company Treasury Stock. Each share of Company Common Stock held in the treasury of the Company (“Treasury Shares”) immediately prior to the Effective Time shall be cancelled without any conversion thereof and no payment or distribution shall be made with respect thereto; and

Appears in 2 contracts

Samples: Merger Agreement (Alset Capital Acquisition Corp.), Merger Agreement (American Acquisition Opportunity Inc.)

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Company Treasury Stock. Each share of Company Capital Stock held in the treasury of the Company (“Treasury Shares”) immediately prior to the Effective Time shall be cancelled without any conversion thereof and no payment or distribution shall be made with respect thereto; and

Appears in 1 contract

Samples: Merger Agreement (Parsec Capital Acquisitions Corp.)

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