Common use of Cancellation of Certain Shares Clause in Contracts

Cancellation of Certain Shares. Each Share of Company Common Stock and all other shares of capital stock of the Company that are owned, directly or indirectly, by the Company or any Subsidiary of the Company shall automatically be canceled and retired and shall cease to exist and no cash or other consideration shall be delivered or deliverable in exchange therefor.

Cancellation of Certain Shares. Each Share of Company Common Stock and all other shares share of capital stock of the Company that are ownedheld in the Company’s treasury or owned by Parent, directly the Merging Corporation or indirectly, by the Company or any Subsidiary of immediately prior to the Company shall automatically be canceled and retired and shall cease to exist and no cash or other consideration Effective Time, if any, shall be delivered or deliverable in exchange thereforextinguished and canceled without payment of any consideration with respect thereto.

Cancellation of Certain Shares. Each Share share of Company Common Stock and all other shares of capital stock or Company Series A Preferred Stock held in the treasury of the Company that are owned, directly or indirectly, by the Company or any Subsidiary wholly-owned subsidiary of the Company immediately prior to the Effective Time shall automatically be canceled and retired and shall cease to exist extinguished without any conversion thereof and no cash or other consideration payment shall be delivered or deliverable in exchange thereformade with respect thereto.

Cancellation of Certain Shares. Each Share of Company Common Stock and all other shares share of capital stock of the Company that are owned, directly or indirectly, by the Company or any Subsidiary held in treasury of the Company shall automatically be canceled cancelled and retired and shall cease to exist exist, and no cash or other consideration shall be delivered or deliverable in exchange therefor.

Cancellation of Certain Shares. Each Share All shares of Company Common Stock and all other shares of capital stock owned by any Subsidiary (as defined in Section 3.01 hereof) of the Company that are owned, directly or indirectly, by the Company Purchaser or any other wholly owned Subsidiary of the Company Purchaser shall automatically be canceled cancelled and retired and shall cease to exist and no cash or other consideration shall be delivered or deliverable in exchange therefor.

Cancellation of Certain Shares. Each Share share of Company Preferred Stock and Company Common Stock and all other shares of capital stock held in the treasury of the Company that are owned, directly or indirectly, by the Company or any wholly-owned Subsidiary of the Company immediately prior to the Effective Time shall automatically be canceled and retired and shall cease to exist extinguished without any conversion thereof and no cash or other consideration payment shall be delivered or deliverable in exchange thereformade with respect thereto.

Cancellation of Certain Shares. Each Share Any shares of Company Common Stock and all other shares of capital stock of the Company that are owned, held directly or indirectly, indirectly by Parent (or any of its Subsidiaries) or by the Company Company, other than those held in a fiduciary capacity or any Subsidiary as a result of the Company debts previously contracted (“Treasury Shares”), shall automatically be canceled cancelled and retired and shall cease to exist at the Effective Time and no cash or other consideration shall be delivered or deliverable issued in exchange therefor.