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 conversion of shares of Common Stock in accordance with the terms of Article III and this Article IV shall be deemed to have been paid in full satisfaction of all rights pertaining to the shares of Common Stock.

Appears in 3 contracts

Samples: Merger Agreement (Synavant Inc), Merger Agreement (Dendrite International Inc), Merger Agreement (Synavant Inc)

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No Further Ownership Rights in Common Stock. The Merger Consideration paid upon conversion of shares of Common Stock issued in accordance with the terms of Article III and this Article IV II upon conversion of any shares of Company Common Stock shall be deemed to have been paid issued in full satisfaction of all rights pertaining to the such shares of Company Common Stock. After the Effective Time of the Merger there shall be no further registration of transfers on the stock transfer books of the Surviving Entity of shares of Company Common Stock that were outstanding immediately prior to the Effective Time.

Appears in 1 contract

Samples: Merger Agreement (Refac)

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No Further Ownership Rights in Common Stock. The Per Share Merger Consideration paid upon conversion of shares of Common Stock in accordance with the terms of Article III and this Article IV II in respect of Securities that have been surrendered in accordance with the terms of this Agreement and the Per Share Net Holdback Consideration shall be deemed to have been paid in full satisfaction of all rights pertaining to the shares of Common StockStock represented thereby.

Appears in 1 contract

Samples: Merger Agreement (Nord Resources Corp)

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