Common use of Treatment of Company Capital Stock Owned by the Company and Acquiror Clause in Contracts

Treatment of Company Capital Stock Owned by the Company and Acquiror. At the Effective Time, all shares of Company Capital Stock that are owned by the Company (whether as treasury stock or otherwise), the Acquiror, Sub or any of their respective direct or indirect wholly-owned subsidiaries immediately prior to the Effective Time shall be canceled and extinguished without any conversion thereof and no consideration will be delivered in exchange therefor.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Sciquest Inc)

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Treatment of Company Capital Stock Owned by the Company and Acquiror. At the Effective Time, all shares of Company Capital Stock that are owned by the Company (whether as treasury stock or otherwise), the Acquiror, Sub or any of their respective direct or indirect wholly-owned subsidiaries immediately prior to the Effective Time shall be cancelled and extinguished without any conversion thereof, and each share of Company Capital Stock owned by Acquiror or Sub immediately prior to the Effective Time, shall be canceled and extinguished without any conversion thereof and no consideration will be delivered in exchange thereforthereof.

Appears in 1 contract

Samples: Merger Agreement (Aptalis Holdings Inc.)

Treatment of Company Capital Stock Owned by the Company and Acquiror. At the Effective Time, all shares of Company Capital Stock that are owned by the Company (whether as treasury stock or otherwise), the Acquiror, Sub or any of their respective direct or indirect wholly-owned subsidiaries immediately prior to the Effective Time shall be cancelled and extinguished without any conversion thereof, and each share of Company Capital Stock owned by Acquiror or Sub immediately prior to the Effective Time, shall be canceled and extinguished without any conversion thereof and no consideration will be delivered in exchange thereforthereof. * Confidential treatment requested.

Appears in 1 contract

Samples: Merger Agreement (Aptalis Pharma Inc)

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Treatment of Company Capital Stock Owned by the Company and Acquiror. At the Effective Time, all shares of Company Capital Stock that are owned by the Company (whether as treasury stock or otherwise), immediately prior to the Acquiror, Sub Effective Time and each share of Company Capital Stock owned by Acquiror or any of their respective direct or indirect wholly-owned subsidiaries subsidiary of Acquiror immediately prior to the Effective Time Time, shall be canceled cancelled and extinguished without any conversion thereof and no consideration will be delivered in exchange thereforthereof.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Amdocs LTD)

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