Common use of Cancellation of Certain Company Capital Stock Clause in Contracts

Cancellation of Certain Company Capital Stock. Each issued and outstanding share of Company Capital Stock held by the Company as treasury stock immediately prior to the First Effective Time shall automatically be cancelled and shall cease to exist, and no consideration or payment shall be delivered in exchange therefor or in respect thereof.

Cancellation of Certain Company Capital Stock. Each issued and outstanding share Notwithstanding anything herein to the contrary, at the Effective Time, all shares of Company Capital Stock held that are owned by the Company as treasury stock immediately prior to the First Effective Time shall automatically be cancelled and extinguished without any conversion thereof and shall cease not be taken into account for purposes of any amounts payable to exist, and no consideration or payment shall be delivered in exchange therefor or in respect thereofthe Company Holders hereunder.

Cancellation of Certain Company Capital Stock. Each At the First Effective Time, each issued and outstanding share of Company Capital Stock that is held in treasury of the Company or owned by the Company as treasury stock immediately prior to the First Effective Time Company, Parent or Merger Sub 1 (collectively, “Treasury Shares”) shall automatically be cancelled and shall cease to exist, and no consideration or payment shall be delivered in exchange therefor or in respect thereoftherefor.

Cancellation of Certain Company Capital Stock. Each issued and outstanding share of Company Capital Stock held by the Company as treasury stock or held directly by Parent, the Merger Subs or a Subsidiary of the Company, in each case, immediately prior to the First Effective Time Time, shall automatically be cancelled and shall cease to exist, and no consideration or payment shall be delivered in exchange therefor or in respect thereof.

Cancellation of Certain Company Capital Stock. (i) Each issued and Share outstanding share of Company Capital Stock held by the Company as treasury stock immediately prior to the First Effective Time that is owned by Parent, Merger Sub or the Company (as treasury stock or otherwise) or any of their respective direct or indirect wholly owned Subsidiaries shall automatically be cancelled and retired and shall cease to exist, and no consideration or payment shall be delivered or made in exchange therefor or in with respect thereofthereto.

Cancellation of Certain Company Capital Stock. Each issued and outstanding share Notwithstanding anything herein to the contrary, at the Effective Time, all shares of Company Capital Stock held that are owned by the Company as treasury stock immediately prior to the First Effective Time shall automatically be cancelled and shall cease to exist, and no consideration or payment shall be delivered in exchange therefor or in respect extinguished without any conversion thereof.

Cancellation of Certain Company Capital Stock. Each issued and outstanding share of Company Capital Stock held that is owned by Parent or the Company (as treasury stock or otherwise) as of immediately prior to the First Effective Time shall (the “Cancelled Shares”) will automatically be cancelled and shall retired and will cease to exist, and no consideration or payment shall will be delivered in exchange therefor or in respect thereoftherefor.