Common use of Cancellation of Certain Shares Clause in Contracts

Cancellation of Certain Shares. Each share of Company Common Stock held by Parent, Merger Sub, any wholly-owned subsidiary of Parent or Merger Sub, in the treasury of the Company or by any wholly-owned subsidiary of the Company immediately prior to the Effective Time shall be canceled and extinguished without any conversion thereof and no payment shall be made with respect thereto.

Cancellation of Certain Shares. Each share of Company Common Stock Share held by Parent, Merger Sub, any wholly-owned subsidiary of Parent or Merger Sub, in the treasury of the Company or by any wholly-owned subsidiary of the Company immediately prior to the Effective Time by the Company, Parent, Merger Sub or any Subsidiary of the Company, Parent or Merger Sub, and each share of any class of capital stock of the Company other than the Company Common Stock (including each series of preferred stock of the Company), shall be canceled automatically cancelled and extinguished retired and shall cease to exist, without any conversion thereof or consideration therefor, and no payment shall be made with respect thereto.

Cancellation of Certain Shares. Each share, if any, of Company Common Stock that is held by the Company as treasury shares and each share of Company Common Stock held which is owned by Parent, Merger Sub, any wholly-owned subsidiary of Parent or Merger Sub, in the treasury of the Company or Parent or by any direct or indirect wholly-owned subsidiary of the Company immediately prior to the Effective Time or Parent shall be canceled and extinguished without any conversion thereof conversion, and no payment consideration shall be made with delivered in respect theretothereof.

Cancellation of Certain Shares. Each share of Company Common Stock held by Parent, Merger Sub, any wholly-owned subsidiary of Parent or Merger Sub, Sub or in the treasury of the Company or by any wholly-owned subsidiary of the Company immediately prior to the Effective Time shall be canceled cancelled and extinguished without any conversion thereof and no payment shall be made with respect thereto.

Cancellation of Certain Shares. Each share share, if any, of Company Common Stock held that is owned by Parent, Merger Sub, Parent or by any direct or indirect wholly-owned subsidiary Subsidiary of Parent or Merger Sub, in the treasury of the Company or by any wholly-owned subsidiary of the Company immediately prior to the Effective Time shall be canceled and extinguished cancelled without any conversion thereof conversion, and no payment consideration shall be made with delivered in respect theretothereof.

Cancellation of Certain Shares. Each share of Company Common Capital Stock held by Parent, Merger Sub, any wholly-owned subsidiary Subsidiary of Parent or Merger Sub, or in the treasury of the Company or by any wholly-owned subsidiary of the Company immediately prior to the Effective Time shall be canceled and extinguished without any conversion thereof and no payment shall be made with respect thereto.

Cancellation of Certain Shares. Each share of Company Common Stock held (i) by Parent, Merger Sub, any wholly-owned subsidiary Subsidiary of Parent or Merger Sub, (ii) in the treasury of the Company Company, or (iii) by any wholly-owned subsidiary Subsidiary of the Company immediately prior to the Effective Time shall be automatically canceled and extinguished without any conversion thereof retired and shall cease to exist and no payment consideration shall be made with respect theretodelivered in exchange therefor.

Cancellation of Certain Shares. Each share of Company Common Stock held by Parent, Merger Sub, any wholly-owned subsidiary other Subsidiary of Parent Parent, any Company Subsidiary or Merger Sub, in the treasury of the Company or by any wholly-owned subsidiary of the Company immediately prior to the Effective Time shall be canceled cancelled and extinguished without any conversion thereof and no payment shall be made with respect thereto.

Cancellation of Certain Shares. Each share Any shares of Company Common Stock held by Parent, Merger Sub, any wholly-owned subsidiary of Parent or Merger Subby the Company, other than those held in the treasury a fiduciary capacity or as a result of the Company or by any wholly-owned subsidiary of the Company immediately prior debts previously contracted (“Treasury Shares”), shall automatically be cancelled and retired and shall cease to exist at the Effective Time of the Merger and no consideration shall be canceled and extinguished without any conversion thereof and no payment shall be made with respect theretoissued in exchange therefor.

Cancellation of Certain Shares. Each share of Company Common Stock held directly by Parent, Merger Sub, Sub or any wholly-owned other subsidiary of Parent or Merger Suband each share of Company Common Stock held by Company as treasury stock, in the treasury of the Company or by any wholly-owned subsidiary of the Company immediately prior to the Effective Time Time, shall be canceled cancelled and extinguished without any conversion thereof extinguished, and no payment consideration shall be made with respect theretodelivered therefor.

Cancellation of Certain Shares. Each share of Company Common Stock held by Parent, Merger Sub, any wholly-owned subsidiary Subsidiary of Parent or Merger Sub, in the treasury of the Company or by any wholly-owned subsidiary of the Company Subsidiary immediately prior to the Effective Time shall be canceled and extinguished retired and shall cease to exist without any conversion thereof and no payment shall be made with respect thereto.

Cancellation of Certain Shares. Each share of Company Common Stock and Company Series B Preferred Stock held by Parent, Merger Sub, any wholly-owned subsidiary of Parent or Merger Sub, in the treasury of the Company or by any wholly-owned subsidiary of the Company Company, immediately prior to the Effective Time shall be canceled and extinguished without any conversion thereof and no payment shall be made with respect thereto.

Cancellation of Certain Shares. Each share, if any, of Company Common Stock that is held by the Company as treasury shares and each share of Company Common Stock held which is owned by Parent, Merger Sub, any wholly-owned subsidiary of Parent or Merger Sub, in the treasury of the Company or Parent or by any direct or indirect wholly-owned subsidiary of the Company immediately prior to the Effective Time or Parent shall be canceled and extinguished cancelled without any conversion thereof conversion, and no payment consideration shall be made with delivered in respect theretothereof.

Cancellation of Certain Shares. Each share of Company Common Stock held by ParentShare held, Merger Sub, any wholly-owned subsidiary of Parent or Merger Sub, in the treasury of the Company or by any wholly-owned subsidiary of the Company immediately prior to the Effective Time Time, by the Company, Parent, Merger Sub or any Subsidiary of Company, Parent or Merger Sub shall be canceled and extinguished without any conversion thereof thereof, and no payment shall be made with respect thereto.

Cancellation of Certain Shares. Each share, if any, of Company Common Stock that is held by the Company as a treasury share and each share of Company Common Stock held that is owned by Parent, Merger Sub, any wholly-owned subsidiary of the Company or Parent or Merger Sub, in the treasury by any direct or indirect wholly owned Subsidiary of the Company or by any wholly-owned subsidiary of the Company immediately prior to the Effective Time Parent shall be canceled and extinguished without any conversion thereof conversion, and no payment consideration shall be made with delivered in respect theretothereof.

Cancellation of Certain Shares. Each share, if any, of Company Common Stock that is held by the Company as treasury shares and each share of Company Common Stock held which is owned by Parent, Merger Sub, any wholly-owned subsidiary of the Company or Parent or Merger Sub, in the treasury by any direct or indirect wholly- owned Subsidiary of the Company or by any wholly-owned subsidiary of the Company immediately prior to the Effective Time Parent shall be canceled and extinguished cancelled without any conversion thereof conversion, and no payment consideration shall be made with delivered in respect theretothereof.

Cancellation of Certain Shares. Each share share, if any, of Company Common Stock held owned by Parent, Merger Sub, any wholly-owned subsidiary of Parent or Merger Sub, in the treasury of the Company or by any wholly-owned subsidiary of the Company immediately prior to the Effective Time Parent shall automatically be canceled and extinguished without any conversion thereof conversion, and no payment consideration shall be made with delivered in respect theretothereof.

Cancellation of Certain Shares. Each share of Company Common Stock held by Parent, Merger Sub, any wholly-owned subsidiary of Parent or Merger SubSub or held, in the treasury of the Company or held by any wholly-owned subsidiary of the Company Company, immediately prior to the Effective Time Time, shall be canceled and extinguished without any conversion thereof and no payment shall be made with respect thereto.

Cancellation of Certain Shares. Each share of Company Common Stock Share held by Parent, Merger Sub, any wholly-owned subsidiary Subsidiary of Parent or Merger Sub, in the treasury of the Company or by any wholly-owned subsidiary of the Company Subsidiary immediately prior to the Effective Time shall be canceled and extinguished without any conversion thereof and no payment shall be made with respect thereto. Following the Effective Time, each certificate evidencing ownership of shares of Merger Sub common stock shall evidence ownership of an equal number of such shares of the Surviving Corporation.

Cancellation of Certain Shares. Each share of Company Common Stock held by Parent, Merger Sub, any wholly-owned subsidiary of Parent or Merger Sub, in the treasury of the Company or owned by Merger Sub, the Parent or any wholly-direct or indirect wholly owned subsidiary of the Company or of the Parent immediately prior to the Effective Time shall be canceled and extinguished without any conversion thereof and no payment shall be made with respect theretothereof.

Cancellation of Certain Shares. Each share of Company Common Stock held by Parent, Merger Sub, any wholly-owned subsidiary of Parent or Merger Sub, in the treasury of the Company or owned by any wholly-owned subsidiary of the Company Parent or Merger Subsidiary immediately prior to the Effective Time shall be canceled cancelled and extinguished without any conversion thereof extinguished, and no payment consideration shall be made with respect theretodelivered therefor.

Cancellation of Certain Shares. Each share of Company Common Stock held by Parent, Merger Sub, any wholly-wholly owned subsidiary of Parent or Merger Sub, in the treasury of the Company or by any wholly-wholly owned subsidiary of the Company immediately prior to the Effective Time shall be canceled and extinguished without any conversion thereof and no payment shall be made with respect thereto.

Cancellation of Certain Shares. Each share of Company Common Stock held by Parent, Merger Sub, any wholly-owned subsidiary of Parent or Merger Sub, in the treasury of the Company or by any wholly-owned subsidiary of the Company Subsidiary immediately prior to the Effective Time shall be canceled cancelled and extinguished without any conversion thereof and no payment shall be made with respect thereto.

Cancellation of Certain Shares. Each share of Company Common Stock Share held by Parent, Merger Sub, any wholly-wholly owned subsidiary of Parent or Merger Sub, in the treasury of the Company or by any wholly-owned subsidiary of the Company immediately prior to the Effective Time shall be canceled and extinguished without any conversion thereof and no payment shall be made with respect thereto.

Cancellation of Certain Shares. Each share All shares of Company Common Stock held owned by any Subsidiary (as defined in Section 3.01) of the Company and any shares of Company Common Stock or Series A Preferred Stock owned by Parent, Merger Sub, the Purchaser or any wholly-other wholly owned subsidiary Subsidiary of Parent or Merger Sub, in the treasury of the Company or by any wholly-owned subsidiary of the Company immediately prior to the Effective Time shall be canceled cancelled and extinguished without any conversion thereof retired and shall cease to exist and no payment consideration shall be made with respect theretodelivered in exchange therefor.

Cancellation of Certain Shares. Each share of Company Common Capital Stock that is held in the treasury of the Company and each share of Company Capital Stock owned by Parent, Merger Sub, Sub or any other wholly-owned subsidiary of Parent or Merger Sub, in the treasury of the Company or by any wholly-owned subsidiary of the Company immediately prior to the Effective Time shall be canceled and extinguished without any conversion thereof retired and no payment consideration shall be made with respect theretodelivered in exchange therefor.

Cancellation of Certain Shares. Each share, if any, of Company Common Stock that is held by the Company as a treasury share and each share of Company Common Stock held that is owned by Parent, Merger Sub, any wholly-owned subsidiary of Parent or Merger Sub, in the treasury of the Company or Parent or by any wholly-direct or indirect wholly owned subsidiary of the Company immediately prior to the Effective Time Subsidiary or Parent Subsidiary shall be canceled and extinguished without any conversion thereof conversion, and no payment consideration shall be made with respect theretodelivered or deliverable in exchange therefor.

Cancellation of Certain Shares. Each share, if any, of Company Common Stock that is held by the Company as a treasury share and each share of Company Common Stock held that is owned by Parent, Merger Sub, any wholly-owned subsidiary of the Company or Parent or Merger Sub, in the treasury by any direct or indirect wholly owned Subsidiary of the Company or by Parent, and each Dissenting Share, shall be canceled and retired without any wholly-owned subsidiary conversion, and no consideration shall be delivered in respect thereof subject to the right of the Company record holders (as determined immediately prior to the Effective Time shall be canceled and extinguished without Time) of any conversion thereof and no Dissenting Shares to receive payment shall be made with respect theretofor such Dissenting Shares pursuant to Section 2.3 below.

Cancellation of Certain Shares. Each share Any shares of Company Common Stock held by Parent, Merger Sub, any wholly-owned subsidiary of Parent or Merger Subany Parent Subsidiary, in the treasury of the or Company or by any wholly-owned subsidiary Company Subsidiary, other than those held in a fiduciary capacity or as a result of the Company immediately prior to debts previously contracted (“Treasury Shares”), shall be cancelled and retired at the Effective Time of the Merger and no consideration shall be canceled and extinguished without any conversion thereof and no payment shall be made with respect theretoissued in exchange therefor.

Cancellation of Certain Shares. Each share of Company Common Stock that is held in the treasury of the Company and each share of Company Common Stock owned by Parent, Merger Sub, Sub or any other wholly-owned subsidiary of Parent or Merger Sub, in the treasury of the Company or by any wholly-owned subsidiary of the Company immediately prior to the Effective Time shall be canceled and extinguished without any conversion thereof retired and no payment consideration shall be made with respect theretodelivered in exchange therefor.

Cancellation of Certain Shares. Each share, if any, of Company Common Stock that is held by the Company as a treasury share and each share of Company Common Stock held that is owned by Parent, Merger Sub, any wholly-owned subsidiary of Parent or Merger Sub, in the treasury of the Company or Parent or by any wholly-direct or indirect wholly owned subsidiary of the Company immediately prior to the Effective Time Subsidiary or Parent shall be canceled and extinguished without any conversion thereof conversion, and no payment consideration shall be made with respect theretodelivered or deliverable in exchange therefor.

Cancellation of Certain Shares. Each share of Company Common Stock held directly by Parent, Merger Sub, any wholly-owned subsidiary of the Parent or Merger Sub, in ------------------------------ Corporation and the treasury of the Company or by any wholly-owned subsidiary of the Company Merging Corporation immediately prior to the Effective Time shall be canceled cancelled and extinguished without any conversion thereof extinguished, and no payment consideration shall be made with respect theretodelivered therefor.

Cancellation of Certain Shares. Each share Any shares of Company Common Stock held by Parent, Merger Sub, any wholly-owned subsidiary of Parent or Merger Sub, in the treasury of any Parent Subsidiary or the Company or by any wholly-owned subsidiary of the Company immediately prior to Bank, other than those held in a fiduciary capacity or as a result of debts previously contracted (“Treasury Shares”), shall be cancelled and retired at the Effective Time Time, and no consideration shall be canceled and extinguished without any conversion thereof and no payment shall be made with respect theretoissued in exchange therefor.

Cancellation of Certain Shares. Each share of Company Common Stock held by Parent, Merger Sub, any wholly-owned subsidiary other Subsidiary of Parent Parent, any Company Subsidiary or Merger Sub, the Company (or in the treasury of the Company or by any wholly-owned subsidiary of the Company Company) immediately prior to the Effective Time shall be canceled cancelled and extinguished without any conversion thereof and no payment shall be made with respect thereto.

Cancellation of Certain Shares. Each share of Company Common Stock held capital stock that is owned by Parent, Merger Sub, Sub or the Company (as treasury stock or otherwise) or any of their respective direct or indirect wholly-owned subsidiary of Parent or Merger SubSubsidiaries shall automatically be cancelled and retired and shall cease to exist, in the treasury of the Company or by any wholly-owned subsidiary of the Company immediately prior to the Effective Time and no consideration shall be canceled and extinguished without any conversion thereof and no payment shall be made with respect theretodelivered in exchange therefor (such shares collectively, the “Cancelled Shares”).

Cancellation of Certain Shares. Each share of Company Common Stock held which is owned by the Company or Parent or by any Subsidiary of Parent, including Merger Sub, shall be canceled without any wholly-conversion, and no consideration shall be delivered in respect thereof. Each share of Company Common Stock which is owned subsidiary of Parent or Merger Sub, in the treasury by any Subsidiary of the Company or by any wholly-owned subsidiary of the Company immediately prior shall remain outstanding, with appropriate adjustment to the Effective Time shall be canceled and extinguished without any conversion number thereof and no payment shall be made with respect theretoto preserve such Subsidiary’s relative ownership percentage in the Company.

Cancellation of Certain Shares. Each share of Company Common Capital Stock held by Parentheld, Merger Sub, any wholly-owned subsidiary of Parent or Merger Sub, in the treasury of the Company or by any wholly-owned subsidiary of the Company immediately prior to the Effective Time Time, by the Company, any Company Subsidiary, the Parent, Merger Sub or any Subsidiary of the Parent or Merger Sub shall be canceled and extinguished without any conversion thereof thereof, and no payment shall be made with respect thereto.

Cancellation of Certain Shares. Each share of Company Common Capital Stock held by Parent, Merger Sub, any wholly-wholly owned subsidiary of Parent or Merger Sub, in the treasury of the Company or by any wholly-wholly owned subsidiary of the Company immediately prior to the Effective Time shall be canceled and extinguished without any conversion thereof and no payment shall be made with respect thereto.

Cancellation of Certain Shares. Each share of common stock, par value $0.0001 per share, of the Company (“Company Common Stock Stock”) held by Parent, Merger Sub, any wholly-owned subsidiary of Parent or Merger Sub, or in the treasury of the Company or by any wholly-owned subsidiary of the Company immediately prior to the Effective Time shall be canceled and extinguished without any conversion thereof and no payment shall be made with respect thereto.

Cancellation of Certain Shares. Each share of Company Common Stock or Company Series A Preferred Stock held by Parent, Merger Sub, any wholly-owned subsidiary of Parent or Merger Sub, in the treasury of the Company or by any wholly-owned subsidiary of the Company immediately prior to the Effective Time shall be canceled and extinguished without any conversion thereof and no payment shall be made with respect thereto.

Cancellation of Certain Shares. Each share of Company Common Stock or Company Preferred Stock held by Parent, Merger Sub, any wholly-owned subsidiary of Parent or Merger Sub, in the treasury of the Company or by any wholly-owned subsidiary of the Company immediately prior to the Effective Time shall be canceled and extinguished without any conversion thereof and no payment shall be made with respect thereto.

Cancellation of Certain Shares. Each share Any shares of Company Common Stock held directly or indirectly by Parent, Merger Sub, any wholly-owned subsidiary of Parent or Merger Subthe Company, other than those held in the treasury a fiduciary capacity or as a result of the Company or by any wholly-owned subsidiary of the Company immediately prior to debts previously contracted (“Treasury Shares”), shall be cancelled and retired at the Effective Time of the Merger and no consideration shall be canceled and extinguished without any conversion thereof and no payment shall be made with respect thereto.issued in exchange therefor; and

Cancellation of Certain Shares. Each share of Company Common Stock held by Parent, Merger Sub, any wholly-owned subsidiary of Parent Sub or Merger Sub, in the treasury of the Company or by any wholly-owned subsidiary of the Company immediately prior to the Effective Time shall be canceled cancelled and extinguished without any conversion thereof and no payment shall be made with respect thereto.

Cancellation of Certain Shares. Each share of Company Common Stock held by Parent, Merger Sub, any wholly-owned subsidiary Subsidiary of Parent or Merger Sub, in the treasury of the Company or by any wholly-owned subsidiary of the Company Subsidiary immediately prior to the Effective Time shall be canceled and extinguished without any conversion thereof and no payment shall be made with respect thereto.

Cancellation of Certain Shares. Each share of common stock, par value $0.01 per share, of the Company (“Company Common Stock Stock”) held by Parent, Merger Sub, any wholly-owned subsidiary of Parent or Merger Sub, or in the treasury of the Company or by any wholly-owned subsidiary of the Company immediately prior to the Effective Time shall be canceled and extinguished without any conversion thereof and no payment shall be made with respect thereto.

Cancellation of Certain Shares. Each share of Company Common Stock held by Parent, Merger Sub, any wholly-owned subsidiary of Parent or Merger Sub, in the treasury of the Company or by any wholly-owned subsidiary of the Company immediately prior to the Effective Time shall be canceled and extinguished without any conversion thereof and no payment shall be made with respect thereto.

Cancellation of Certain Shares. Each share, if any, of Company Common Stock that is held by the Company as a treasury share and each share of Company Common Stock held that is owned by Parent, Merger Sub, the Company or Parent or by any direct or indirect wholly-owned subsidiary of Parent or Merger Sub, in the treasury Subsidiary of the Company or by any wholly-owned subsidiary of the Company immediately prior to the Effective Time Parent shall be canceled and extinguished cancelled without any conversion thereof conversion, and no payment consideration shall be made with delivered in respect theretothereof.

Cancellation of Certain Shares. Each share Any shares of Company Common Stock held directly or indirectly by Parent, Merger Sub, Parent (or any wholly-owned subsidiary of Parent or Merger Sub, in the treasury of the Company its Subsidiaries) or by any wholly-owned subsidiary the Company, other than those held in a fiduciary capacity or as a result of the Company immediately prior debts previously contracted (“Treasury Shares”), shall automatically be cancelled and retired and shall cease to exist at the Effective Time of the Merger and no consideration shall be canceled and extinguished without any conversion thereof and no payment shall be made with respect theretoissued in exchange therefor.

Cancellation of Certain Shares. Each share of Company Common Stock held by Parent, Merger Sub, any wholly-owned subsidiary Subsidiary of Parent or Merger Sub, in the treasury of the Company or by any wholly-owned subsidiary of the Company Subsidiary immediately prior to the Effective Time shall be canceled and extinguished without any conversion thereof and no payment shall be made with respect thereto. Following the Effective Time, each certificate evidencing ownership of shares of Merger Sub common stock shall evidence ownership of such shares of the Surviving Corporation.

Cancellation of Certain Shares. Each share of Company Common Capital Stock held by Parent, Merger Sub, any wholly-owned subsidiary of Parent or Merger Sub, Sub or in the treasury of the Company or by any wholly-owned subsidiary of the Company immediately prior to the Effective Time shall be canceled and extinguished without any conversion thereof and no payment shall be made with respect thereto.

Cancellation of Certain Shares. Each share, if any, of Company Common Stock that is held by the Company as a treasury share and each share of Company Common Stock held that is owned by Parent, Merger Sub, any wholly-owned subsidiary the Company (other than on behalf of third parties) or Parent or Merger Sub, in the treasury by any direct or indirect wholly owned Subsidiary of the Company or by any wholly-owned subsidiary of the Company immediately prior to the Effective Time Parent shall be canceled and extinguished without any conversion thereof conversion, and no payment consideration shall be made with respect theretodelivered or deliverable in exchange therefor.

Cancellation of Certain Shares. Each share Any shares of Company Common Stock held directly or indirectly by Parent, Merger Sub, Parent (or any wholly-owned subsidiary of Parent or Merger Sub, in the treasury of the Company its Subsidiaries) or by any wholly-owned subsidiary the Company, other than those held in a fiduciary capacity or as a result of the Company immediately prior debts previously contracted (“Treasury Shares”), shall automatically be cancelled and retired and shall cease to exist at the Effective Time of the Merger and no consideration shall be canceled and extinguished without any conversion thereof and no payment shall be made with respect theretoissued in exchange therefore.

Cancellation of Certain Shares. Each share of Company Common Capital Stock that is held by Parent, Merger Sub, any wholly-owned subsidiary of Parent or Merger Sub, in the treasury of the Company and each share of Company Capital Stock owned by Parent, Merger Sub or by any wholly-other wholly owned subsidiary of the Company immediately prior to the Effective Time Parent shall be canceled and extinguished without any conversion thereof retired and no payment consideration shall be made with respect theretodelivered in exchange therefor.

Cancellation of Certain Shares. Each share of Company Common Stock held directly by Parent, Parent and Merger Sub, any wholly-owned subsidiary of Parent or Merger Sub, in the treasury of the Company or by any wholly-owned subsidiary of the Company Subsidiary immediately prior to the Effective Time shall be canceled cancelled and extinguished without any conversion thereof extinguished, and no payment consideration shall be made with respect theretodelivered therefor.