Cancellation of Certain Company Common Stock. Each share of Company Common Stock issued and outstanding immediately prior to the Effective Time that is held by the Company in treasury shall no longer be outstanding and shall be automatically canceled and shall cease to exist (the “Cancelled Shares”), and no consideration shall be delivered in exchange therefor.
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Samples: Subscription Agreement (Good Works Acquisition Corp.)
Cancellation of Certain Company Common Stock. Each share of the Company Common Stock issued and outstanding that is owned by the Company (as treasury stock or otherwise) as of immediately prior to the Effective Time that is held by (the Company in treasury “Canceled Shares”) shall no longer automatically be outstanding and shall be automatically canceled and shall cease to exist (the “Cancelled Shares”)exist, and no consideration shall be delivered in exchange therefor.
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Samples: Agreement and Plan of Merger (Zoom Telephonics, Inc.)
Cancellation of Certain Company Common Stock. Each share of All Company Common Stock issued and outstanding immediately prior to the First Effective Time that is held by the Company in treasury or owned by any of the Acquiror Parties shall no longer be outstanding and shall be automatically canceled and shall cease to exist (the “Cancelled Shares”), and no consideration shall be delivered in exchange therefor.
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Samples: Business Combination Agreement (Global Partner Acquisition Corp II)
Cancellation of Certain Company Common Stock. Each share of Company Common Stock issued and that is outstanding (as treasury stock or otherwise) as of immediately prior to the Effective Time that is held by the Company in treasury shall no longer be outstanding and shall be automatically canceled and shall cease to exist (the “Cancelled Shares”)) will automatically be cancelled and retired and will cease to exist, and no consideration shall will be delivered in exchange therefor.
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