Common use of Cancellation of Company Common Stock Clause in Contracts

Cancellation of Company Common Stock. At the First Effective Time, all Company Shares owned by any Company Subsidiary, Parent, the Merger Subs or any of their respective Subsidiaries shall be cancelled and shall cease to exist, and no consideration shall be delivered in exchange therefor.

Cancellation of Company Common Stock. At the First Effective Time, all Company Shares owned by any Company Subsidiary, Parent, of the Merger Subs Parties or by any of their respective Subsidiaries (other than any such shares owned in a fiduciary capacity or as a result of debts previously contracted) shall be cancelled and shall cease to exist, and no consideration shall be delivered in exchange therefor.

Cancellation of Company Common Stock. At Each share of Company Common Stock then owned by the First Company or any wholly owned Subsidiary of the Company (or held in the treasury of the Company) immediately prior to the Effective Time, all Company Shares owned or held by any Company Subsidiary, Parent, the Merger Subs Sibelco or any of their respective its Subsidiaries immediately prior to the Effective Time, shall automatically be cancelled and retired and shall cease to exist, and no consideration shall be delivered in exchange therefor.

Cancellation of Company Common Stock. At the First Effective Time, all Company Shares owned by any Company Subsidiary, Parent, US Holdco, the Merger Subs or by any of their respective Subsidiaries shall be cancelled and shall cease to exist, and no consideration shall be delivered in exchange therefor.

Cancellation of Company Common Stock. At the First Effective Time, all Each share of Company Shares Common Stock owned by any of the Company Subsidiary, Parent, Parties or any wholly owned Company Subsidiary and each share of Company Common Stock owned by any of the Merger Subs Parent Parties or any of their respective Subsidiaries wholly owned Subsidiaries, in each case, as of immediately prior to the Company Merger Effective Time, shall be cancelled canceled and shall cease to exist, and no consideration shall be delivered in exchange therefor.