Common use of No Further Ownership Rights in Capital Stock of the Company Clause in Contracts

No Further Ownership Rights in Capital Stock of the Company. All ----------------------------------------------------------- CCC Common Stock and cash to be delivered (including CCC Common Stock delivered but withheld pursuant to Section 3.2(a)) upon the surrender for exchange of shares of Company Common Stock in accordance with the terms hereof shall be deemed to have been delivered in full satisfaction of all rights pertaining to such shares of Company Common Stock, and, following the Effective Time, the Shareholders shall have no further rights to, or ownership in, shares of capital stock of the Company. There shall be no further registration of transfers on the stock transfer books of the Surviving Corporation of the shares of Company Common Stock which were issued and outstanding immediately prior to the Effective Time. If, after the Effective Time, Certificates are presented to the Surviving Corporation for any reason, they shall be canceled and exchanged as provided in this Section 2.4.

Appears in 5 contracts

Samples: Agreement and Plan of Reorganization (Consolidation Capital Corp), Agreement and Plan of Reorganization (Consolidation Capital Corp), Agreement and Plan of Reorganization (Consolidation Capital Corp)

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No Further Ownership Rights in Capital Stock of the Company. All ----------------------------------------------------------- CCC Common Stock and cash to be delivered (including CCC Common Stock delivered but withheld pursuant to Section 3.2(a)) upon the surrender for exchange of shares of Company Common Stock in accordance with the terms hereof shall be deemed to have been delivered in full satisfaction of all rights pertaining to such shares of Company Common Stock, and, following the Effective Time, the Shareholders Stockholders shall have no further rights to, or ownership in, shares of capital stock of the Company. There shall be no further registration of transfers on the stock transfer books of the Surviving Corporation of the shares of Company Common Stock which were issued and outstanding immediately prior to the Effective Time. If, after the Effective Time, Certificates are presented to the Surviving Corporation for any reason, they shall be canceled and exchanged as provided in this Section 2.4.

Appears in 3 contracts

Samples: Agreement and Plan of Reorganization (Consolidation Capital Corp), Agreement and Plan of Reorganization (Consolidation Capital Corp), Agreement and Plan of Reorganization (Consolidation Capital Corp)

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No Further Ownership Rights in Capital Stock of the Company. All ----------------------------------------------------------- CCC Common Stock and cash to be delivered (including CCC Common Stock delivered but withheld pursuant to Section 3.2(a3.1(a)) upon the surrender for exchange of shares of Company Common Stock in accordance with the terms hereof shall be deemed to have been delivered in full satisfaction of all rights pertaining to such shares of Company Common Stock, and, following the Effective Time, the Shareholders shall have no further rights to, or ownership in, shares of capital stock of the Company. There shall be no further registration of transfers on the stock transfer books of the Surviving Corporation of the shares of Company Common Stock which were issued and outstanding immediately prior to the Effective Time. If, after the Effective Time, Certificates are presented to the Surviving Corporation for any reason, they shall be canceled and exchanged as provided in this Section 2.4.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Consolidation Capital Corp)

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