Cancellation of AerCap-Owned Securities. Notwithstanding anything in this Agreement to the contrary, all Genesis Common Shares that are owned by AerCap or by any wholly-owned subsidiary of AerCap immediately prior to the Effective Time shall, by virtue of the Amalgamation, and without any action on the part of the holder thereof, automatically be cancelled and retired without any conversion thereof and shall cease to exist, and no payment shall be made in respect thereof.
Appears in 4 contracts
Samples: Amalgamation Agreement, Amalgamation Agreement (Genesis Lease LTD), Amalgamation Agreement (Genesis Lease LTD)
