Common use of Rights Cease to Exist Clause in Contracts

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

Appears in 2 contracts

Samples: Merger Agreement (Humbl, Inc.), Merger Agreement (Humbl, Inc.)

AutoNDA by SimpleDocs

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

Appears in 2 contracts

Samples: Merger Agreement (Relay Therapeutics, Inc.), Merger Agreement (Exact Sciences Corp)

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

Appears in 1 contract

Samples: Agreement and Plan of Merger and Reorganization (Vaccitech PLC)

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

Appears in 1 contract

Samples: Merger Agreement (ACELYRIN, Inc.)

AutoNDA by SimpleDocs

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

Appears in 1 contract

Samples: Merger Agreement (OceanTech Acquisitions I Corp.)

Rights Cease to Exist. As of the First Effective Time, all shares of Company Common Stock and Company Class A Common Stock shall no longer be outstanding, shall automatically be cancelled and shall cease to exist and each holder of any shares of Company Common Stock or Company Class A Common Stock shall cease to have any rights with respect thereto, except the rights set forth in this Article I.II.

Appears in 1 contract

Samples: Merger Agreement (Absci Corp)

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