Common use of Treatment of Certain Company Shares Clause in Contracts

Treatment of Certain Company Shares. At the Effective Time, all Company Ordinary Shares that are owned by the Company (as treasury shares or otherwise) or any of its direct or indirect Subsidiaries as of immediately prior to the Effective Time (collectively, the “Excluded Shares”) shall be automatically canceled and extinguished without any conversion or consideration delivered in exchange thereof.

Appears in 4 contracts

Samples: Agreement and Plan of Merger (Nova Vision Acquisition Corp), Agreement and Plan of Merger (Genesis Unicorn Capital Corp.), Agreement and Plan of Merger (Mountain Crest Acquisition Corp. III)

AutoNDA by SimpleDocs

Treatment of Certain Company Shares. At the Effective Time, all Company Ordinary Shares that are owned by the Company (as treasury shares or otherwise) or any of its direct or indirect Subsidiaries as of immediately prior to the Effective Time (collectively, the “Company Excluded Shares”) shall be automatically canceled and extinguished without any conversion or consideration delivered in exchange thereof.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Feutune Light Acquisition Corp), Agreement and Plan of Merger (Kairous Acquisition Corp. LTD)

Treatment of Certain Company Shares. At the Effective Time, all Company Ordinary Common Shares that are owned by the Company (as treasury shares or otherwise) or any of its direct or indirect Subsidiaries as of immediately prior to the Effective Time (collectively, the “Excluded Shares”) shall be automatically canceled and extinguished without any conversion or consideration delivered in exchange thereof.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Vickers Vantage Corp. I), Agreement and Plan of Merger (Sorrento Therapeutics, Inc.)

Treatment of Certain Company Shares. At the Effective Time, all Company Ordinary Shares that are owned by the Company (as treasury shares if any or otherwise) or any of its direct or indirect Subsidiaries as of Controlled entities immediately prior to the Effective Time (collectively, the “Excluded Shares”) shall be automatically canceled and extinguished without any conversion or consideration delivered in exchange thereoftherefor.

Appears in 2 contracts

Samples: And Restated Agreement and Plan of Merger (Brilliant Acquisition Corp), And Restated Agreement and Plan of Merger (Nukkleus Inc.)

Treatment of Certain Company Shares. At the Effective Time, all Company Ordinary Shares that are owned by the Company (as treasury shares or otherwise) or any of its direct or indirect Subsidiaries as of immediately prior to the Effective Time (collectively, the “Excluded Shares”) shall be automatically canceled and extinguished without any conversion or consideration delivered in exchange thereof.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Goldenbridge Acquisition LTD)

Treatment of Certain Company Shares. At the Effective Time, all Company Ordinary Shares that are owned by the Company (as treasury shares or otherwise) or any of its direct or indirect Subsidiaries as of Controlled entities immediately prior to the Effective Time (collectively, the “Excluded Shares”) shall be automatically canceled and extinguished without any conversion or consideration delivered in exchange thereof.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Goldenbridge Acquisition LTD)

AutoNDA by SimpleDocs

Treatment of Certain Company Shares. At the Effective Time, all Company Ordinary Shares that are owned by the Company (as treasury shares or otherwise) or any of its direct or indirect Subsidiaries as of immediately prior to the Effective Time (collectively, the “Company Excluded Shares”) shall be automatically canceled and extinguished without any conversion or consideration delivered in exchange thereof.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Aimfinity Investment Corp. I)

Treatment of Certain Company Shares. At the Effective Time, all Company Ordinary Shares that are owned by the Company (as treasury shares or otherwise) or any of its direct or indirect Controlled Subsidiaries as of immediately prior to the Effective Time (collectively, the “Excluded Shares”) shall be automatically canceled and extinguished without any conversion or consideration delivered in exchange thereof.

Appears in 1 contract

Samples: Merger Agreement (ASPAC I Acquisition Corp.)

Treatment of Certain Company Shares. At the Effective Time, all Company Ordinary Shares that are owned by the Company (as treasury shares or otherwise) or any of its direct or indirect Subsidiaries as of immediately prior to the Effective Time (collectively, the “Company Excluded Shares”) shall be automatically canceled and extinguished without any conversion or consideration delivered in exchange thereof.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Kairous Acquisition Corp. LTD)

Time is Money Join Law Insider Premium to draft better contracts faster.