Common use of Cancellation of Company Capital Stock Clause in Contracts

Cancellation of Company Capital Stock. Each share of the Company Capital Stock held by the Company as treasury stock and each share of the Company Capital Stock owned directly or indirectly by the Company or by any subsidiary of the Company shall automatically be canceled and retired and shall cease to exist and no consideration shall be delivered or deliverable in exchange therefor.

Cancellation of Company Capital Stock. Each share of At the Effective Time, all Company Capital Stock held capital stock or interests therein (if any) owned by the Company as treasury stock and each share of Company, Holdings, the Company Capital Stock owned directly or indirectly by the Company Merger Sub or by any subsidiary of the Company their respective subsidiaries shall automatically be canceled and retired cancelled and shall cease to exist exist, and no consideration shall be delivered or deliverable in exchange therefortherefor (collectively, the “Cancelled Stock”).

Cancellation of Company Capital Stock. Each share Notwithstanding anything herein to the contrary, at the Effective Time, all shares of the Company Capital Stock held that are owned by the Company as treasury stock stock, and each share of the Company Capital Stock owned directly by Parent or indirectly by the Company any direct or by any indirect wholly owned subsidiary of Parent or of the Company shall automatically be canceled and retired and shall cease immediately prior to exist and no consideration the Effective Time, shall be delivered or deliverable in exchange thereforcancelled and extinguished without any conversion thereof.

Cancellation of Company Capital Stock. Each share of the All Company Capital Stock held in treasury or otherwise owned by the Company as treasury stock and each share of immediately prior to the Company Capital Stock owned directly or indirectly by the Company or by any subsidiary of the Company Effective Time shall automatically be canceled and retired and shall cease to exist extinguished without any conversion thereof, and no consideration shall be issued or delivered or deliverable in exchange therefor.