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 of Company Capital Stock held by the Company as treasury stock or held directly by Parent, Merger Sub 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. 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 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. 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 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 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 or owned by any Company Subsidiary 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.