Common use of Subsidiary Stock Clause in Contracts

Subsidiary Stock. Each share of Subsidiary Stock issued and outstanding immediately before the Effective Date of the Merger and held by Parent shall be canceled without any consideration being issued or paid therefor.

Appears in 4 contracts

Samples: Merger Agreement (Powell Industries Inc), Merger Agreement (True Religion Apparel Inc), Merger Agreement (Aslahan Enterprises Ltd.)

AutoNDA by SimpleDocs

Subsidiary Stock. Each share of Subsidiary Stock issued and outstanding immediately before the Effective Date of the Merger and held by Parent shall be canceled without any consideration being issued or paid therefor.

Appears in 4 contracts

Samples: Merger Agreement (LiveXLive Media, Inc.), Merger Agreement (Technest Holdings Inc), Merger Agreement (Zapata Corp)

Subsidiary Stock. Each share of Subsidiary Stock issued and outstanding immediately before the Effective Date of the Merger and held by Parent shall be canceled without any consideration being issued or paid thereforpaid, therefore.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Advanced Voice Recognition Systems, Inc)

AutoNDA by SimpleDocs

Subsidiary Stock. Each share of Subsidiary Stock issued and outstanding immediately before the Effective Date of the Merger Time and held by Parent shall be canceled without any consideration being issued or paid therefor.

Appears in 1 contract

Samples: Merger Agreement (Amesite Operating Co)

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