Common use of Cancellation of Stock Clause in Contracts

Cancellation of Stock. Each share of Company Common Stock held by the Company as treasury stock (other than shares, if any, in any Employee Benefit Plans) or owned by Parent or any wholly-owned Subsidiaries of Parent or the Company immediately prior to the Effective Time shall automatically be canceled and retired and shall cease to exist and no payment shall be made with respect thereto.

Cancellation of Stock. Each share of Company Common Stock held that is owned by the Company or any other Company Entity, as treasury stock or otherwise (other than shares"Excluded Shares"), if any, in any Employee Benefit Plans) or owned by Parent or any wholly-owned Subsidiaries of Parent or the Company immediately prior to the Effective Time shall automatically be canceled and retired and shall cease to exist and no payment consideration shall be made with respect theretodelivered in exchange therefor.

Cancellation of Stock. Each share of Company Common Stock held by the Company as treasury stock (other than shares, if any, in any Employee Benefit Plans) or owned by Parent or any wholly-owned of its Subsidiaries of Parent or the Company immediately prior to the Effective Time shall automatically be canceled and retired and shall cease to exist and no payment shall be made with respect thereto.

Cancellation of Stock. Each share of Company Common Stock held by the Company as treasury stock (other than shares, if any, in any Employee Benefit Plans) or owned by Parent or any direct or indirect wholly-owned Subsidiaries subsidiary of Parent or the Company immediately prior to the Effective Time shall automatically be canceled and retired and shall cease extinguished without any conversion thereof. Each share of Company Common Stock held by Parent or any direct or indirect wholly-owned subsidiary of Parent immediately prior to exist and no payment the Effective Time shall be made with respect theretocanceled and extinguished without any conversion thereof.

Cancellation of Stock. Each share of Company Common Stock held that is owned by the Company or any wholly owned subsidiary of the Company (as treasury stock (other than shares, if any, in any Employee Benefit Plansor otherwise) or owned by Parent or any wholly-owned Subsidiaries of Parent or the Company immediately prior to the Effective Time shall automatically be canceled cancelled and retired and shall cease to exist and no payment consideration shall be made with respect theretodelivered in exchange therefor.

Cancellation of Stock. Each share of Company Common Stock held by the Company as treasury stock (other than shares, if any, in any Employee Benefit Plans) or that is owned by Parent Parent, Merger Sub, or any wholly-owned Subsidiaries Subsidiary of Parent or Merger Sub, or the Company immediately prior to as treasury stock, or a wholly-owned subsidiary of the Effective Time Company, shall automatically be canceled and retired and shall cease to exist exist, and no payment Merger Consideration shall be made with respect theretodelivered in exchange therefor.

Cancellation of Stock. Each share of Company Common Stock held that is owned by the Company as treasury stock (other than sharesstock, if anyor a wholly - owned Subsidiary of the Company, in any Employee Benefit Plans) or owned by Parent or any wholly-owned Subsidiaries of Parent or the Company immediately prior to the Effective Time shall automatically be canceled cancelled and retired and shall cease to exist exist, and no payment Per Share Merger Consideration or other consideration shall be made with respect theretodelivered in exchange therefor.

Cancellation of Stock. Each share of Company Common Stock held by (i) that is owned both at the Company as treasury stock (other than shares, if any, in any Employee Benefit Plans) or owned by Parent or any wholly-owned Subsidiaries commencement of Parent or the Company Offer and immediately prior to the Effective Time by Parent or Merger Sub, (ii) is owned immediately prior to the Effective Time by the Company as treasury stock, or (iii) is the subject of and irrevocably accepted for purchase in the Offer, shall no longer be outstanding and shall automatically be canceled and retired and shall cease to exist exist, and no payment consideration shall be made with respect theretodelivered in exchange therefor.