Cancellation of Company Treasury Shares. Each share of Company Capital Stock, if any, held by the Company as treasury stock immediately prior to the Effective Time shall be cancelled, and no payment (of Merger Consideration or otherwise) shall be made with respect thereto.
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Samples: Merger Agreement (Amc Entertainment Inc), Merger Agreement (Marquee Holdings Inc.), Merger Agreement (LCE Mexican Holdings, Inc.)
Cancellation of Company Treasury Shares. Each share of Company Capital Stock, if any, Common Stock held by the Company as treasury stock and each share of Company Common Stock, if any, owned by Parent or Merger Sub immediately prior to the Effective Time shall be cancelledcancelled and retired and shall cease to exist, and no payment (of Merger Consideration or otherwise) shall be made with respect thereto.
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Cancellation of Company Treasury Shares. Each share of Company Capital Stock, if any, held by the Company as treasury stock or held by any Subsidiary of the Company immediately prior to the Effective Time shall not be cancelled, affected by the Merger and no payment (shall remain outstanding as capital stock of Merger Consideration or otherwise) the Surviving Corporation except that the number of such shares shall be made with respect theretoadjusted in the Merger to maintain relative ownership percentages.
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