Treasury Stock. Notwithstanding any provision of this Agreement to the contrary, each share of Company Capital Stock held in the treasury of the Company and each share of Company Capital Stock, if any, owned by Parent or any direct or indirect wholly-owned subsidiary of Parent immediately prior to the Effective Time shall be canceled in the Merger and shall not be converted or exchanged into the right to receive any shares of capital stock or other securities of Parent.
Appears in 25 contracts
Samples: Merger Agreement (China Grand Resorts, Inc.), Merger Agreement (Precious Investments, Inc.), Merger Agreement (HealthTalk Live, Inc.)
Treasury Stock. Notwithstanding any provision of this Agreement to the contrary, each share of Company Capital Stock held in the treasury of the Company and each share of Company Capital Stock, if any, owned by Parent or any direct or indirect wholly-owned subsidiary of Parent immediately prior to the Effective Time shall be canceled in the Merger and shall not be converted or exchanged into the right to receive any shares of capital stock or other securities of Parent.
Appears in 3 contracts
Samples: Merger Agreement (Common Horizons Inc), Merger Agreement (Technology Holdings, Inc.), Merger Agreement (Becoming Art Inc)
Treasury Stock. Notwithstanding any provision of this Agreement to the contrary, each share of Company Capital Common Stock held in the treasury of the Company and each share of Company Capital Common Stock, if any, owned by Parent or any direct or indirect wholly-owned subsidiary of Parent immediately prior to the Effective Time shall be canceled in the Merger and shall not be converted or exchanged into the right to receive any shares of capital stock or other securities of Parent.
Appears in 3 contracts
Samples: Merger Agreement (Smart Kids Group Inc.), Merger Agreement (Smart Kids Group Inc.), Merger Agreement (Mojo Ventures, Inc)
