No Further Ownership Rights in the Shares. The Merger Consideration paid with respect to the cancellation of Shares in accordance with the terms hereof shall be deemed to have been paid in full satisfaction of all rights pertaining to such Shares and there shall be no further registration of transfers on the stock transfer books 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 cancelled and exchanged as provided in this Article II, subject to applicable law in the case of Dissenting Shares.
Appears in 4 contracts
Samples: Merger Agreement (BCT International Inc /), Merger Agreement (BCT International Inc /), Merger Agreement (Concord Assets Group Inc)
No Further Ownership Rights in the Shares. The Merger Consideration paid with respect to the cancellation of Shares in accordance with the terms hereof shall be deemed to have been paid in full satisfaction of all rights pertaining to such Shares and there shall be no further registration of transfers on the stock transfer books 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 cancelled and exchanged as provided in this Article II, subject to applicable law in the case of Dissenting Shares.
Appears in 3 contracts
Samples: Merger Agreement (Loeb Partners Corp), Merger Agreement (Levy Richard D), Merger Agreement (Levy Richard D)
No Further Ownership Rights in the Shares. The Merger Consideration paid with respect to delivered upon the cancellation 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 such Shares Shares, and there shall be no further registration of transfers on the stock transfer books records of the Surviving Corporation of the Shares which were outstanding immediately prior to the Effective Time. If, after the Effective Time, Certificates Shares are presented to the Surviving Corporation for any reason, they shall be cancelled canceled and exchanged as provided in this Article II, subject to applicable law in the case of Dissenting Shares2.
Appears in 2 contracts
Samples: Merger Agreement (Mascotech Inc), Merger Agreement (Simpson Industries Inc)
No Further Ownership Rights in the Shares. The Merger Consideration paid with respect to the cancellation of Shares in accordance with the terms hereof shall be deemed to have been paid in full satisfaction of all rights pertaining to such Shares and after the Effective Date there shall be no further registration of transfers on the stock transfer books 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 cancelled and exchanged as provided in this Article II, subject to applicable law in the case of Dissenting Shares.
Appears in 2 contracts
Samples: Merger Agreement (Oriole Homes Corp), Merger Agreement (Oriole Homes Corp)
