Common use of Cancellation of Certain Shares Clause in Contracts

Cancellation of Certain Shares. All Shares that are issued and outstanding immediately prior to the Effective Time and owned by any of Parent, Merger Sub and any other Subsidiary of Parent, and all Shares held in the treasury of the Company or owned by any Company Subsidiary, shall automatically be canceled and retired and shall cease to exist and no consideration shall be delivered in exchange therefor.

Appears in 3 contracts

Sources: Merger Agreement (Burlington Coat Factory Warehouse Corp), Merger Agreement (COHOES FASHIONS of CRANSTON, Inc.), Merger Agreement (Eddie Bauer Holdings, Inc.)

Cancellation of Certain Shares. All Shares that are issued and outstanding immediately prior to the Effective Time and owned by any of Parent, Merger Sub Purchaser and any other Subsidiary of Parent, and all Shares held in the treasury of the Company or owned by any Company Subsidiary, shall automatically be canceled and retired cancelled and shall cease to exist and no consideration shall be delivered in exchange therefor.

Appears in 3 contracts

Sources: Merger Agreement (EQT Corp), Agreement and Plan of Merger (Trans Energy Inc), Merger Agreement (Mortons Restaurant Group Inc)

Cancellation of Certain Shares. All Shares that are Each issued and outstanding immediately prior to the Effective Time and owned by any share of Parent, Merger Sub and any other Subsidiary of Parent, and all Shares Company Capital Stock that is held in the treasury of the Company or owned by any Company Subsidiarythe Company, Parent or Merger Sub (collectively, “Treasury Shares”) shall automatically be canceled cancelled and retired and shall cease to exist exist, and no consideration shall be delivered in exchange therefor.

Appears in 2 contracts

Sources: Merger Agreement (Mandalay Digital Group, Inc.), Merger Agreement (Demand Media Inc.)

Cancellation of Certain Shares. All Shares Each Company Common Share that are is issued and outstanding immediately prior to the Effective Time and owned by any of Parent, Merger Sub and any other Subsidiary of Parent, and all Shares (i) held in the treasury of the Company or owned by any Subsidiary of the Company Subsidiaryor (ii) owned by Parent, Merger Sub or any other Subsidiary of Parent, shall automatically be canceled cancelled and retired and shall cease to exist exist, and no consideration shall be delivered in exchange therefor.

Appears in 2 contracts

Sources: Merger Agreement (Finish Line Inc /In/), Merger Agreement

Cancellation of Certain Shares. All Shares that are issued and outstanding immediately prior to the Effective Time and owned by any of Parent, Merger Sub and any other Subsidiary of Parent, and all Shares held in the treasury of the Company or owned by any Company SubsidiaryCompany, shall automatically be canceled and retired cancelled and shall cease to exist and no consideration shall be delivered in exchange therefor.

Appears in 1 contract

Sources: Merger Agreement (Benihana Inc)

Cancellation of Certain Shares. All Shares that are issued and outstanding Each Share held by Parent or any of its Subsidiaries, including Purchaser, or in the treasury of the Company immediately prior to the Effective Time shall be cancelled and owned by extinguished without any of Parent, Merger Sub and any other Subsidiary of Parent, and all Shares held in the treasury of the Company or owned by any Company Subsidiary, shall automatically be canceled and retired and shall cease to exist conversion thereof and no consideration payment shall be delivered in exchange thereformade with respect thereto.

Appears in 1 contract

Sources: Merger Agreement (Conceptus Inc)

Cancellation of Certain Shares. All Any Company Shares that are issued and outstanding owned immediately prior to the Effective Time and owned by any of ParentBuyer, Merger Sub and any other Subsidiary of ParentSub, and all Shares held in the treasury of the Company or owned by any Company Subsidiary, subsidiary thereof shall automatically be canceled and retired and shall cease to exist and no consideration shall be delivered in exchange therefor.

Appears in 1 contract

Sources: Merger Agreement (Harland John H Co)

Cancellation of Certain Shares. All Shares Each Share that are issued and outstanding is owned by the Company (as treasury stock or otherwise) as of immediately prior to the Effective Time and owned by any of Parent, Merger Sub and any other Subsidiary of Parent, and all Shares held in (the treasury of the Company or owned by any Company Subsidiary, shall “Cancelled Shares”) will automatically be canceled cancelled and retired and shall cease to exist and no consideration shall will be delivered in exchange thereforpaid or payable with respect thereto.

Appears in 1 contract

Sources: Merger Agreement (Wellgistics Health, Inc.)