Common use of Cancellation of Company Shares Clause in Contracts

Cancellation of Company Shares. From and after the Effective Time, all Company Shares shall no longer be outstanding and shall automatically be canceled and retired and shall cease to exist, and each holder of a Certificate representing any such Company Shares shall cease to have any rights with respect thereto, except the right to receive the Sellers’ Merger Consideration represented by such Certificate (other than with respect to Dissenting Shares).

Cancellation of Company Shares. From and after the Effective Time, all Company Shares shall no longer be outstanding and shall automatically be canceled and retired and shall cease to exist, and each holder of a Certificate representing any such Company Shares shall cease to have any rights with respect thereto, except the right to receive the Sellers’ Merger Consideration represented by such Certificate (other than with respect to Dissenting Shares).

Cancellation of Company Shares. From and after At the Effective Time, all Company Shares shall no longer be outstanding and shall automatically be canceled and retired and shall cease to exist, and each holder of certificate (a Certificate “Certificate”) formerly representing any of such Company Shares shall cease to have any rights with respect thereto, except thereafter represent only the right to receive the Sellers’ applicable Merger Consideration represented by such Certificate (other than with respect to Dissenting Shares)Consideration.

Cancellation of Company Shares. From and after At the Effective Time, all Company Shares shall no longer will be outstanding cancelled and shall automatically be canceled and retired and shall will cease to exist, exist and each holder of a Certificate certificate or other instrument (“Certificate”) previously representing any such Company Shares shall cease to have any rights with respect thereto, except will represent only the right to receive receive, without interest, the Sellers’ Common Stock Merger Consideration represented as provided by such Certificate (other than with respect to Dissenting Shares)Sections 2.1 and 2.2.2.