No Further Ownership Rights in Company Shares. The applicable Conversion Payment delivered upon surrender in exchange for Company Shares in accordance with the terms hereof will be deemed to have been delivered in full satisfaction of all rights pertaining to such Company Shares. After the Effective Time, no further transfers will be made on the stock transfer books of Company of Company Shares issued before the Effective Time. When the Merger becomes effective, all Company Shares issued before then (other than Appraisal Shares) will cease to exist, and each Certificate previously representing any such shares will represent only the right to receive the applicable Conversion Payment as described in Section 2.1.3 subject to the terms of this Agreement. If, after the Effective Time, Certificates are presented to Surviving Corporation or the Disbursing Agent for transfer, they will be cancelled and exchanged as provided in this Article II, except as otherwise provided by law.
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Samples: Agreement and Plan of Merger (Flow International Corp), Agreement and Plan of Merger (Flow International Corp), Agreement and Plan of Merger (Flow International Corp)
No Further Ownership Rights in Company Shares. The applicable Conversion Payment delivered upon surrender in exchange for Company Shares in accordance with the terms hereof will shall be deemed to have been delivered in full satisfaction of all rights pertaining to such Company Shares. After the Effective Time, Time there shall be no further transfers will be made on the stock transfer books of Company of Company Shares issued before prior thereto. Upon the Effective Time. When effectiveness of the Merger becomes effectiveMerger, all Company Shares issued before then prior thereto (other than Appraisal Dissenting Shares) will shall no longer be outstanding and shall cease to exist, and each Certificate previously representing any such shares will shall represent only the right to receive the applicable Conversion Payment as described in Section 2.1.3 subject to the terms of this Agreement. If, after the Effective Time, Certificates are presented to the Surviving Corporation or the Disbursing Agent for transfer, they will shall be cancelled canceled and exchanged as provided in this Article II, except as otherwise provided by law.
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No Further Ownership Rights in Company Shares. The applicable Conversion Payment delivered upon surrender in exchange for Company Shares in accordance with the terms hereof will shall be deemed to have been delivered in full satisfaction of all rights pertaining to such Company Shares. After the Effective Time, Time there shall be no further transfers will be made on the stock transfer books of the Company of Company Shares issued before prior thereto. Upon the Effective Time. When effectiveness of the Merger becomes effectiveMerger, all Company Shares issued before then prior thereto (other than Appraisal Dissenting Shares) will shall no longer be outstanding and shall cease to exist, and each Certificate previously representing any such shares will shall represent only the right to receive the applicable Conversion Payment as described in Section 2.1.3 1.02 subject to the terms of this Agreement. If, after the Effective Time, Certificates are presented to the Surviving Corporation or the Disbursing Agent Parent for transfer, they will shall be cancelled canceled and exchanged as provided in this Article III, except as otherwise provided by law.
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Samples: Securities Exchange Agreement and Plan of Merger (Universal Resources)
No Further Ownership Rights in Company Shares. The applicable Conversion Payment delivered upon surrender in exchange for Company Shares in accordance with the terms hereof will be deemed to have been delivered in full satisfaction of all rights pertaining to such Company Shares. After the Effective Time, no further transfers will be made on the stock transfer books of Company of Company Shares issued before prior to the Effective Time. When the Merger becomes effective, all Company Shares issued before then prior to such time (other than Appraisal Shares) will cease to exist, and each Certificate previously representing any such shares will represent only the right to receive the applicable Conversion Payment as described in Section 2.1.3 subject to the terms of this Agreement. If, after the Effective Time, Certificates are presented to Surviving Corporation or the Disbursing Exchange Agent for transfer, they will be cancelled and exchanged as provided in this Article II, except as otherwise provided by law.
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