TARGET Treasury Shares. At the Effective Time, all shares of ------------------------ TARGET Common Stock that are issued and held in TARGET's treasury immediately prior to the Effective Time shall, by virtue of the Merger and without any action on the part of the holder thereof, cease to be outstanding and shall be cancelled without payment of consideration therefor.
Appears in 3 contracts
Samples: Agreement and Plan of Merger (Genesis Bioventures Inc), Agreement and Plan of Merger (Genesis Bioventures Inc), Agreement and Plan of Merger (Genesis Bioventures Inc)
TARGET Treasury Shares. At the Effective Time, all shares of ------------------------ TARGET Common Stock that are issued and held in TARGET's treasury immediately prior to the Effective Time shall, by virtue of the Merger and without any action on the part of the holder thereof, cease to be outstanding and shall be cancelled without payment of consideration therefor.
Appears in 2 contracts
Samples: Amended and Restated Agreement and Plan of Merger (Bioenvision Inc), Agreement and Plan of Merger (Genesis Bioventures Inc)
