Common use of No Further Ownership Rights in Company Securities Clause in Contracts

No Further Ownership Rights in Company Securities. All cash paid in accordance with the terms hereof with respect to Company Common Stock and Company Warrants shall be deemed to have been paid in full satisfaction of all rights pertaining to such Company Common Stock and Company Warrants, and there shall be no further registration of transfers on the records of the Surviving Corporation of Company Common Stock and/or Company Warrants that were 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 Article 7.

Appears in 3 contracts

Samples: Merger Agreement (Altiris Inc), Merger Agreement (Symantec Corp), Merger Agreement (Symantec Corp)

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No Further Ownership Rights in Company Securities. All cash paid in accordance with the terms hereof with respect to Company Common Stock and Company Warrants Stock, shall be deemed to have been paid issued in full satisfaction of all rights pertaining to such Company Common Stock and Company WarrantsStock, and there shall be no further registration of transfers on the records of the Surviving Corporation of such Company Common Stock and/or Company Warrants that were outstanding immediately prior to the Effective TimeSecurities. 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 Article 7.

Appears in 2 contracts

Samples: Merger Agreement (Varian Inc), Merger Agreement (Agilent Technologies Inc)

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No Further Ownership Rights in Company Securities. All cash paid in respect of Company Securities in accordance with the terms hereof with respect to Company Common Stock and Company Warrants shall be deemed to have been paid in full satisfaction of all rights pertaining to such Company Common Stock and Company WarrantsSecurities, and there shall be no further registration of transfers on the records of the Surviving Corporation of shares of Company Common Stock and/or Company Warrants that were 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 Article 7.

Appears in 1 contract

Samples: Merger Agreement (Verizon Communications Inc)

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