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

Treatment of Company Capital Stock Owned by the Company. At the Effective Time, all shares of Company Capital Stock that are owned by the Company as treasury stock immediately prior to the Effective Time shall be cancelled and extinguished without any conversion thereof or payment of any cash or other property or consideration therefor and shall cease to exist.

Appears in 18 contracts

Samples: Merger Agreement (PubMatic, Inc.), Agreement and Plan of Merger (Alteryx, Inc.), Agreement and Plan of Merger (Castle Biosciences Inc)

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Treatment of Company Capital Stock Owned by the Company. At the Effective Time, all shares of Company Capital Stock that are owned by the Company as treasury stock immediately prior to the Effective Time shall be cancelled canceled and extinguished without any conversion thereof or payment of any cash or other property or consideration therefor and shall cease to existthereof.

Appears in 6 contracts

Samples: Merger Agreement (HF Foods Group Inc.), Merger Agreement (Atlantic Acquisition Corp.), Merger Agreement (E-Compass Acquisition Corp.)

Treatment of Company Capital Stock Owned by the Company. At the Effective Time, all All shares of Company Capital Stock that are owned by the Company as treasury stock immediately prior to the Effective Time shall be cancelled canceled and extinguished without any conversion thereof or payment of any cash or other property or consideration therefor and shall cease to existthereof.

Appears in 4 contracts

Samples: Merger Agreement (SuccessFactors, Inc.), Agreement and Plan of Reorganization (ShoreTel Inc), Merger Agreement (Keynote Systems Inc)

Treatment of Company Capital Stock Owned by the Company. At the First Effective Time, all shares of Company Capital Stock that are owned by the Company as treasury stock immediately prior to the First Effective Time shall be cancelled and extinguished without any conversion thereof or payment of any cash or other property or consideration therefor and shall cease to exist.

Appears in 2 contracts

Samples: Agreement and Plan of Merger and Reorganization, Merger Agreement (Facebook Inc)

Treatment of Company Capital Stock Owned by the Company. At the Effective Time, all shares of Company Capital Stock that are owned by the Company as treasury stock or reserved for issuance by the Company immediately prior to the Effective Time shall be cancelled and extinguished without any conversion thereof thereof, and no amount of Total Merger Consideration shall be allocated or payment of any cash or other property or consideration therefor and shall cease to existpaid thereto.

Appears in 2 contracts

Samples: Merger Agreement (Cirrus Logic, Inc.), Merger Agreement (Sailpoint Technologies Holdings, Inc.)

Treatment of Company Capital Stock Owned by the Company. At the Effective Time, all shares of Company Capital Stock that are owned by the Company as treasury stock immediately prior to the Effective Time shall be cancelled and extinguished without any conversion thereof or payment of any cash or other property or consideration therefor and shall cease to existexist (all such shares of Company Capital Stock, the “Disregarded Shares”).

Appears in 2 contracts

Samples: Merger Agreement, Merger Agreement (Workday, Inc.)

Treatment of Company Capital Stock Owned by the Company. At the Effective Time, all shares of Company Capital Stock that are owned by the Company as treasury stock or by Purchaser immediately prior to the Effective Time shall be cancelled canceled and extinguished without any conversion thereof or payment of any cash or other property or consideration therefor and shall cease to existthereof.

Appears in 2 contracts

Samples: Merger Agreement (Agrify Corp), Merger Agreement (Agrify Corp)

Treatment of Company Capital Stock Owned by the Company. At the Effective Time, all shares of Company Capital Common Stock and Company Preferred Stock that are owned by the Company as treasury stock immediately prior to the Effective Time shall be cancelled canceled and extinguished without any conversion thereof or payment of any cash or other property or consideration therefor and shall cease to existthereof.

Appears in 2 contracts

Samples: Merger Agreement (Hudson Capital Inc.), Merger Agreement (Hudson Capital Inc.)

Treatment of Company Capital Stock Owned by the Company. At the Effective Time, all shares of Company Capital Stock that are owned by the Company as treasury stock or reserved for issuance by the Company immediately prior to the Effective Time shall be cancelled and extinguished without any conversion thereof and no amount of Total Merger Consideration shall be allocated or payment of any cash or other property or consideration therefor and shall cease to existpaid thereto.

Appears in 1 contract

Samples: Merger Agreement (Sailpoint Technologies Holdings, Inc.)

Treatment of Company Capital Stock Owned by the Company. At the Effective Time, all shares of Company Capital Stock that are owned by the Company as treasury stock (“Treasury Shares”) immediately prior to the Effective Time shall automatically be cancelled and extinguished without any conversion thereof or payment of any cash thereof, and no cash, stock or other property consideration shall be delivered or consideration therefor and shall cease to existdeliverable in exchange therefor.

Appears in 1 contract

Samples: Merger Agreement (Universal Security Instruments Inc)

Treatment of Company Capital Stock Owned by the Company. At the Effective Time, all shares of Company Capital Stock that are owned by the Company (as treasury stock shares or otherwise) or any of its Subsidiaries as of immediately prior to the Effective Time shall be cancelled automatically canceled and extinguished without any conversion thereof or payment of any cash or other property or consideration therefor and shall cease to existdelivered in exchange thereof.

Appears in 1 contract

Samples: Merger Agreement (Newborn Acquisition Corp)

Treatment of Company Capital Stock Owned by the Company. At the Effective Time, all shares of Company Capital Stock that are owned by the Company as treasury stock immediately prior to the Effective Time shall be cancelled and extinguished without any conversion thereof or payment of any cash or other property or consideration therefor and shall cease to existthereof.

Appears in 1 contract

Samples: Merger Agreement (Groupon, Inc.)

Treatment of Company Capital Stock Owned by the Company. At the Effective Time, all shares of Company Capital Stock that are owned by the Company as treasury stock immediately prior to the Effective Time shall be cancelled canceled and extinguished without any conversion thereof or payment of any cash or other property or consideration therefor and shall cease to existthereof.

Appears in 1 contract

Samples: Merger Agreement (Exponential Interactive, Inc.)

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Treatment of Company Capital Stock Owned by the Company. At the First Effective Time, all shares of Company Capital Stock that are owned by the Company as treasury stock immediately prior to the First Effective Time shall be cancelled canceled and extinguished without any conversion thereof or payment of any cash or other property or consideration therefor and shall cease to existthereof.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Concur Technologies Inc)

Treatment of Company Capital Stock Owned by the Company. At the Effective Time, all All shares of Company Capital Stock that are owned by the Company (as treasury stock or otherwise) immediately prior to the Effective Time shall be cancelled and extinguished without any conversion thereof or payment of any cash or other property or consideration therefor and shall cease to existexist (collectively, the “Cancelled Shares”).

Appears in 1 contract

Samples: Merger Agreement (Logiq, Inc.)

Treatment of Company Capital Stock Owned by the Company. At the Effective Time, all All shares of Company Capital Stock that are owned by the Company as treasury stock or reserved for issuance by the Company immediately prior to the Effective Time shall be cancelled and extinguished without any conversion thereof and no amount of Total Merger Consideration shall be allocated or payment of any cash or other property or consideration therefor and shall cease to existpaid thereto.

Appears in 1 contract

Samples: Merger Agreement (Rosetta Stone Inc)

Treatment of Company Capital Stock Owned by the Company. At the Effective Time, all shares of Company Capital Common Stock and Company Class B Common Stock that are owned by the Company as treasury stock immediately prior to the Effective Time shall be cancelled and extinguished without any conversion thereof or payment of any cash or other property or consideration therefor and shall cease to exist.

Appears in 1 contract

Samples: Merger Agreement (Norwegian Cruise Line Holdings Ltd.)

Treatment of Company Capital Stock Owned by the Company. At the Effective Time, all All shares of Company Capital Stock that are owned by the Company as treasury stock immediately prior to the Effective Time shall be cancelled canceled and extinguished without any conversion thereof or payment of any cash or other property or consideration therefor and shall cease to existtherefor.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Synaptics Inc)

Treatment of Company Capital Stock Owned by the Company. At the Effective Time, all shares of Company Capital Stock that are owned by the Company as treasury stock shares immediately prior to the Effective Time shall be cancelled canceled and extinguished without any conversion thereof or payment of any cash or other property or consideration therefor and shall cease to existthereof.

Appears in 1 contract

Samples: Merger Agreement (Hunter Maritime Acquisition Corp.)

Treatment of Company Capital Stock Owned by the Company. At the Effective Time, all shares of Company Capital Stock that are owned by the Company as treasury stock immediately prior to the Effective Time shall be cancelled canceled and extinguished without any conversion thereof or payment of any cash or other property or consideration therefor and shall cease to exist.

Appears in 1 contract

Samples: Merger Agreement (Model N, Inc.)

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