Parent Shares; Cancellation of Treasury Stock and Subsidiary Owned Stock. (i) All Shares that are owned by the Company or any Subsidiary of the Company shall be canceled and retired and shall cease to exist and no consideration shall be delivered in exchange therefor.
Appears in 4 contracts
Samples: Agreement and Plan of Merger (Foamex International Inc), Agreement and Plan of Merger (Trace International Holdings Inc), Agreement and Plan of Merger (Foamex Capital Corp)