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

No Ownership of Company Common Stock. No Subsidiary of the Company (i) beneficially owns, directly or indirectly, any shares of Company Common Stock or other securities convertible into, exchangeable for or exercisable for shares of Company Common Stock (other than Fiduciary Shares) or (ii) has any rights to acquire any shares of Company Common Stock (other than Fiduciary Shares).

Appears in 5 contracts

Samples: Merger Agreement (E Trade Financial Corp), Merger Agreement (Morgan Stanley), Merger Agreement (Schwab Charles Corp)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!