Excluded Shares. Each Excluded Share shall, by virtue of the Merger and without any action on the part of the holder thereof, cease to be outstanding, be cancelled without payment of any consideration therefor and shall cease to exist.
Appears in 3 contracts
Samples: Agreement and Plan of Merger (Hope Bancorp Inc), Agreement and Plan of Merger (BBCN Bancorp Inc), Agreement and Plan of Merger (BBCN Bancorp Inc)
Excluded Shares. Each Excluded Share shall, by virtue of the Merger and without any action on the part of the holder thereof, cease to be outstanding, be cancelled without payment of any consideration therefor and shall cease to exist.
Appears in 1 contract
Excluded Shares. Each At the Effective Time, by virtue of the Merger and without any action on the part of any shareholder, each Excluded Share shall, by virtue of the Merger and without any action on the part of the holder thereof, cease to be outstanding, shall be cancelled canceled and retired without payment of any consideration therefor and shall cease to exist.
Appears in 1 contract
Excluded Shares. Each Excluded Share shall, shall by virtue of the Merger and without any action on the part of the holder thereof, cease to be outstanding, be cancelled canceled and retired without payment of any consideration therefor and shall cease to existexist and shall not be converted into the right to receive the Merger Consideration.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Asa International LTD)
Excluded Shares. Each Excluded Share shall, shall by virtue of the Merger be canceled and without any action on the part of the holder thereof, cease to be outstanding, be cancelled without payment of any consideration therefor retired and shall cease to exist, and no exchange or payment shall be made therefor.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Telebanc Financial Corp)
