Holdco Shares. Prior to the Effective Time, the Company and Holdco shall take any and all actions as are necessary to ensure that each share of capital stock of Holdco that is owned by the Company immediately prior to the Effective Time shall be cancelled and cease to be outstanding at the Effective Time, and no payment shall be made therefor, and the Company, by execution of this Agreement, agrees to forfeit such shares and relinquish any rights to such shares.
Appears in 13 contracts
Samples: Agreement and Plan of Merger (NorthWestern Energy Group, Inc.), Agreement and Plan of Merger (Northwestern Corp), Agreement and Plan of Merger (Great Elm Group, Inc.)
Holdco Shares. Prior to the Effective Time, the Company and Holdco HoldCo shall take any and all actions as are necessary to ensure that each share of capital stock of Holdco HoldCo that is owned by the Company immediately prior to the Effective Time shall be cancelled and cease to be outstanding at from and after the Effective Time, and no payment shall be made therefor, and the Company, by execution of this Agreement, agrees to forfeit such shares and relinquish any rights to such shares.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Taylor Morrison Home Corp)
Holdco Shares. Prior to the Effective Time, the Company and Holdco HoldCo shall take any and all actions as are necessary to ensure that each share of capital stock of Holdco HoldCo that is owned by the Company immediately prior to the Effective Time shall be cancelled and cease to be outstanding at the Effective Time, and no payment shall be made therefor, and the Company, by execution of this Agreement, agrees to forfeit such shares and relinquish any rights to such shares.
Appears in 1 contract
Samples: Agreement and Plan of Merger (BK Technologies, Inc.)
