No Further Ownership Rights in Shares. Payment of the Merger Consideration shall be deemed to have been paid in full satisfaction of all rights pertaining to the Shares, and there shall be no further registration of transfers on the records of the Surviving Corporation of the Shares which 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 I.
Appears in 4 contracts
Samples: Merger Agreement (Extended Systems Inc), Merger Agreement (Sybase Inc), Merger Agreement (Sybase Inc)
No Further Ownership Rights in Shares. Payment of the Merger Consideration shall be deemed to have been paid in full satisfaction of all rights pertaining to the Shares, and there shall be no further registration of transfers on the records of the Surviving Corporation of the Shares which 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 Article I.
Appears in 3 contracts
Samples: Merger Agreement (Electronic Clearing House Inc), Merger Agreement (Avantgo Inc), Merger Agreement (Avantgo Inc)
No Further Ownership Rights in Shares. Payment of the The Merger Consideration delivered upon the surrender for exchange of Shares in accordance with the terms hereof shall be deemed to have been paid issued in full satisfaction of all rights pertaining to the such Shares, and there shall be no further registration of transfers on the records of the Surviving Corporation of the Shares which 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 Article I.
Appears in 2 contracts
Samples: Merger Agreement (Microprose Inc/De), Merger Agreement (Gt Interactive Software Corp)
No Further Ownership Rights in Shares. Payment of the The Merger Consideration paid in accordance with the terms of this Article III upon conversion of any Shares shall be deemed to have been paid in full satisfaction of all rights pertaining to the such Shares, and there shall be no further registration of transfers on the records stock transfer books of the Company or the Surviving Corporation of the Shares which that were outstanding immediately prior to the Effective Time. If, after the Effective Time, any Certificates are presented to the Surviving Corporation or the Paying Agent for any reason, they shall be canceled and exchanged as provided in this ARTICLE I.Article III.
Appears in 2 contracts
Samples: Merger Agreement (Click Commerce Inc), Merger Agreement (Illinois Tool Works Inc)
No Further Ownership Rights in Shares. Payment of the The Merger Consideration paid in accordance with the terms of this Article III upon conversion of any Shares shall be deemed to have been paid in full satisfaction of all rights pertaining to the Sharessuch shares, and there shall be no further registration of transfers on the records stock transfer books of the Company or the Surviving Corporation of the Shares which that were outstanding immediately prior to the Effective Time. If, after the Effective Time, any Certificates are presented to the Surviving Corporation or the Paying Agent for any reason, they shall be canceled and exchanged as provided in this ARTICLE I.Article III.
Appears in 2 contracts
Samples: Merger Agreement (Illinois Tool Works Inc), Merger Agreement (CFC International Inc)
No Further Ownership Rights in Shares. Payment of the Merger Consideration shall be deemed to have been paid constitute payment in full satisfaction of all rights and claims pertaining to the Shares, and there shall be no further registration of transfers of any Shares on the records of the Surviving Corporation of the Shares which were outstanding immediately prior to from and after the Effective Time. If, after the Effective Time, If Certificates are presented to the Surviving Corporation for any reasonreason after the Effective Time, they shall be canceled and exchanged for the applicable amount of Merger Consideration, as provided in this ARTICLE I.1.
Appears in 1 contract
