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

No Further Ownership Rights in Company Stock. All shares of Parent Merger Stock issued upon the surrender of the Company Stock in accordance with the terms hereof shall be deemed to have been issued in full satisfaction of all rights pertaining to such Company Stock, and there shall be no further registration of transfers on the records of the Company of shares of Company Stock which were outstanding immediately prior to the Closing.

Appears in 2 contracts

Samples: Merger Agreement, Merger Agreement (Ampio Pharmaceuticals, Inc.)

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No Further Ownership Rights in Company Stock. All shares of Parent Merger Common Stock issued upon the surrender of the Company Stock in accordance with the terms hereof shall be deemed to have been issued in full satisfaction of all rights pertaining to such Company Stock, and there shall be no further registration of transfers on the records of the Company of shares of Company Stock which were outstanding immediately prior to the Closing.

Appears in 2 contracts

Samples: Merger Agreement (Retrospettiva Inc), Merger Agreement (Chay Enterprises, Inc.)

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No Further Ownership Rights in Company Stock. All shares of Parent the Merger Stock Shares issued to the Recipients upon the surrender consummation of the Company Stock in accordance with the terms hereof Merger shall be deemed to have been issued in full satisfaction of all rights pertaining to such the outstanding Company Stock, Common Stock and Company Preferred Stock and there shall be no further registration of transfers on the records of the Company Surviving Corp or Parent of the shares of Company Common Stock which or Company Preferred Stock that were outstanding immediately prior to the ClosingEffective Time.

Appears in 1 contract

Samples: Merger Agreement (Victory Acquisition Corp)

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