Treasury Stock. Notwithstanding clause (a) above or any other provision of this Agreement to the contrary, at the Effective Time, if there are any Company Securities that are owned by the Company as treasury shares or any Company Securities owned by any direct or indirect Subsidiary of the Company immediately prior to the Effective Time, such Company Securities shall be canceled and shall cease to exist without any conversion thereof or payment therefor.
Appears in 25 contracts
Samples: Merger Agreement (PowerUp Acquisition Corp.), Merger Agreement (PowerUp Acquisition Corp.), Merger Agreement (Global Blockchain Acquisition Corp.)
Treasury Stock. Notwithstanding clause (a) above or any other provision of this Agreement to the contrary, at At the Effective Time, if there are any Company Securities that are owned by the Company as treasury shares or any Company Securities owned by any direct or indirect Subsidiary of the Company immediately prior to the Effective Time, such Company Securities shall be canceled and shall cease to exist without any conversion thereof or payment therefor.
Appears in 7 contracts
Samples: Agreement and Plan of Merger (Pono Capital Two, Inc.), Merger Agreement (Pono Capital Two, Inc.), Merger Agreement (Lakeshore Acquisition II Corp.)
Treasury Stock. Notwithstanding clause (a) above or any other provision of this Agreement to the contrary, at the Effective Time, if there are any shares of Company Securities Stock that are owned by the Company as treasury shares or any Company Securities owned by any direct or indirect Subsidiary of the Company immediately prior to the Effective Time, such shares of Company Securities Stock shall be canceled and shall cease to exist without any conversion thereof or payment therefor.
Appears in 4 contracts
Samples: Merger Agreement (Customers Bancorp, Inc.), Merger Agreement (Megalith Financial Acquisition Corp), Merger Agreement (Customers Bancorp, Inc.)
Treasury Stock. Notwithstanding clause (a) above or any other provision of this Agreement to the contrary, at the Transaction Effective Time, if there are any Company Securities that are owned by the Company as treasury shares or any Company Securities owned by any direct or indirect Subsidiary of the Company immediately prior to the Transaction Effective Time, such Company Securities shall be canceled and shall cease to exist extinguished without any conversion thereof or payment therefor.
Appears in 3 contracts
Samples: Merger and Share Exchange Agreement (Glori Energy Inc.), Merger and Share Exchange Agreement (Glori Energy Inc.), Merger Agreement (Infinity Cross Border Acquisition Corp)
Treasury Stock. Notwithstanding clause (a) above or any other provision of this Agreement to the contrary, at the Effective Time, if there are any shares of Company Securities Capital Stock that are owned by the Company as treasury shares or any shares of Company Securities Capital Stock owned by any direct or indirect Subsidiary of the Company immediately prior to the Effective Time, such shares of Company Securities Capital Stock shall be canceled and shall cease to exist without any conversion thereof or payment therefor.
Appears in 2 contracts
Samples: Merger Agreement (CF Finance Acquisition Corp. III), Merger Agreement (CF Finance Acquisition Corp II)
Treasury Stock. Notwithstanding clause (aSection 1.9(a) above or any other provision of this Agreement to the contrary, at the Effective Time, if there are any Company Securities that are owned by the Company as treasury shares or any Company Securities owned by any direct or indirect Subsidiary of the Company immediately prior to the Effective Time, such Company Securities shall be canceled and shall cease to exist without any conversion thereof or payment therefor.
Appears in 2 contracts
Samples: Merger Agreement (SEP Acquisition Corp.), Merger Agreement (SANUWAVE Health, Inc.)
Treasury Stock. Notwithstanding clause (a) above or any other provision of this Agreement to the contrary, at the Effective Time, if there are any Company Securities that are owned by the Company as treasury shares or any Company Securities owned by any direct or indirect Subsidiary of the Company immediately prior to the Effective TimeTime (each, an “Excluded Share”), such Company Securities shall be canceled and shall cease to exist without any conversion thereof or payment therefor.
Appears in 1 contract
Samples: Merger Agreement (First Light Acquisition Group, Inc.)
Treasury Stock. Notwithstanding clause (a) above or any other provision of this Agreement to the contrary, at the First Effective Time, if there are any shares of Company Securities Stock that are owned by the Company as treasury shares or any Company Securities Stock owned by any direct or indirect Subsidiary of the Company or N Sing immediately prior to the First Effective Time, such Company Securities Stock shall be canceled and shall cease to exist without any conversion thereof or payment therefor.
Appears in 1 contract
Treasury Stock. Notwithstanding clause (a) above or any other provision of this Agreement to the contrary, at the Effective Time, if there are any Company Securities that are owned by the Company as treasury shares or any Company Securities owned by any direct or indirect Subsidiary of the Company immediately prior to the Effective Timeshares, such Company Securities shall be canceled and shall cease to exist without any conversion thereof or payment therefor.
Appears in 1 contract
Treasury Stock. Notwithstanding clause (ai) above or any other provision of this Agreement to the contrary, at the Effective Time, if there are any shares of Company Securities Capital Stock that are owned by the Company as treasury shares or any Company Securities owned by any direct or indirect Subsidiary of the Company immediately prior to the Effective Time, such shares of Company Securities Capital Stock shall be canceled and shall cease to exist without any conversion thereof or payment therefor.
Appears in 1 contract
Treasury Stock. Notwithstanding clause (a) above or any other provision of this Agreement to the contrary, at the Effective Time, if there are any Company Securities that are owned by the Company as treasury shares or any Company Securities owned by any direct or indirect Subsidiary of the Company immediately prior to the Effective TimeTime (the “Excluded Shares”), such Company Securities shall be canceled and shall cease to exist without any conversion thereof or payment therefor.
Appears in 1 contract
Samples: Merger Agreement (Industrial Tech Acquisitions II, Inc.)
Treasury Stock. Notwithstanding clause (aSection 1.12(a) above or any other provision of this Agreement to the contrary, at the Effective Time, if there are any Company Securities that are owned by the Company as treasury shares or any Company Securities owned by any direct or indirect Subsidiary of the Company immediately prior to the Effective Time, such Company Securities shall be canceled and shall cease to exist without any conversion thereof or payment therefor.
Appears in 1 contract
Samples: Merger Agreement (Malacca Straits Acquisition Co LTD)
Treasury Stock. Notwithstanding clause (a(a) above or any other provision of this Agreement to the contrary, at the Effective Time, if there are any Company Securities that are owned by the Company as treasury shares or any Company Securities owned by any direct or indirect Subsidiary of the Company immediately prior to the Effective Timeshares, such Company Securities shall be canceled and shall cease to exist without any conversion thereof or payment therefor.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Deep Medicine Acquisition Corp.)
Treasury Stock. Notwithstanding clause (a) above or any other provision of this Agreement to the contrary, at the Second Effective Time, if there are any Company Securities that are owned by the Company as treasury shares or any Company Securities owned by any direct or indirect Subsidiary of the Company immediately prior to the Second Effective Time, such Company Securities shall be canceled cancelled and shall cease to exist without any conversion thereof or payment therefor.
Appears in 1 contract
Samples: Business Combination Agreement (Kernel Group Holdings, Inc.)
