Common use of Rights Cease to Exist Clause in Contracts

Rights Cease to Exist. As of the Effective Time, all shares of Company Stock shall no longer be outstanding, shall automatically be canceled and shall cease to exist and each holder shares of Company Stock shall cease to have any rights with respect thereto, except the rights set forth in this Agreement.

Appears in 3 contracts

Samples: Merger Agreement (Lakeshore Acquisition II Corp.), Agreement and Plan of Merger (Lakeshore Acquisition I Corp.), Merger Agreement (Arogo Capital Acquisition Corp.)

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Rights Cease to Exist. As of the Effective Time, all shares of Company Stock the Purchaser shall no longer be outstanding, shall automatically be canceled and shall cease to exist and each holder holder’s shares of Company Purchaser Common Stock shall cease to have any rights with respect thereto, except the rights set forth in this Agreement.

Appears in 3 contracts

Samples: Business Combination Agreement (Zalatoris II Acquisition Corp), Business Combination Agreement (Zalatoris Acquisition Corp.), Business Combination Agreement (DUET Acquisition Corp.)

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Rights Cease to Exist. As of the Effective Time, all shares of Company Stock and all other Company Securities shall no longer be outstanding, shall automatically be canceled and shall cease to exist and each holder of shares of Company Stock and each holder of other Company Securities shall cease to have any rights with respect thereto, except the rights set forth in this Agreement.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Pono Capital Two, Inc.), Merger Agreement (Pono Capital Two, Inc.), Merger Agreement (Pono Capital Corp)

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