Common use of No Further Ownership Rights in Common Stock Clause in Contracts

No Further Ownership Rights in Common Stock. The Merger Consideration paid upon the surrender for exchange of certificates representing Shares in accordance with the terms of this Article III shall be deemed to have been issued and paid in full satisfaction of all rights pertaining to the Shares theretofore represented by such certificates, and no holder of Shares shall thereby have any equity interest in the Surviving Corporation.

Appears in 5 contracts

Samples: Merger Agreement (Bertuccis Inc), Merger Agreement (Ne Restaurant Co Inc), Merger Agreement (Bertuccis of White Marsh Inc)

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No Further Ownership Rights in Common Stock. The Merger Consideration paid upon the surrender for exchange of certificates representing Company Shares in accordance with the terms of this Article III II shall be deemed to have been issued and paid in full satisfaction of all rights pertaining to the Company Shares theretofore represented by such certificates, and no holder of Company Shares shall thereby have any equity interest in the Surviving Corporation.

Appears in 2 contracts

Samples: Merger Agreement (Bertuccis Inc), Merger Agreement (Bertuccis Inc)

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No Further Ownership Rights in Common Stock. The Merger Consideration paid upon the surrender for exchange of certificates representing Shares in accordance with the terms of this Article III II shall be deemed to have been issued and paid in full satisfaction of all rights pertaining to the Shares theretofore represented by such certificates, and no holder of Shares shall thereby have any equity interest in the Surviving Corporation.

Appears in 1 contract

Samples: Merger Agreement (Back Bay Restaurant Group Inc)

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