Common use of Treasury Interests Clause in Contracts

Treasury Interests. At the Effective Time, if there are any equity securities of the Company that are owned by the Company in treasury or by any direct or indirect Subsidiary of the Company, such equity interests shall be canceled and extinguished without any conversion thereof or payment therefor.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Integrated Wellness Acquisition Corp), Agreement and Plan of Merger (Benessere Capital Acquisition Corp.), Agreement and Plan of Merger (MTech Acquisition Corp)

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Treasury Interests. At the Effective Time, if there are any equity securities Equity Securities of the Company that are owned by the Company in treasury or by any direct or indirect Subsidiary of the Company, such equity interests Equity Securities shall be canceled and extinguished without any conversion thereof or payment therefor.

Appears in 1 contract

Samples: Business Combination Agreement (Iris Acquisition Corp)

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