Common use of Cancellation of Stock Clause in Contracts

Cancellation of Stock. Each share of Company Common Stock that is owned by the Company or any wholly owned subsidiary of the Company (as treasury stock or otherwise) shall automatically be canceled and retired and shall cease to exist and no consideration shall be delivered in exchange therefor.

Cancellation of Stock. Each share of Company Common Stock that is owned held by the Company or any wholly owned subsidiary of the Company (as treasury stock (other than shares, if any, in any Employee Benefit Plans) or otherwise) 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 consideration payment shall be delivered in exchange thereformade with respect thereto.

Cancellation of Stock. Each share of Company Common Stock that is owned by the Company or any wholly owned subsidiary of the other Company (Entity, as treasury stock or otherwise) otherwise ("Excluded Shares"), shall automatically be canceled and retired and shall cease to exist and no consideration shall be delivered in exchange therefor.

Cancellation of Stock. Each share of Company Common Stock that is owned by Parent, Merger Sub, or any wholly-owned Subsidiary of Parent or Merger Sub, or the Company as treasury stock, or any wholly a wholly-owned subsidiary of the Company (as treasury stock or otherwise) Company, shall automatically be canceled and retired and shall cease to exist exist, and no consideration Merger Consideration shall be delivered in exchange therefor.

Cancellation of Stock. Each share of Company Common Stock that is owned by the Company or any wholly owned subsidiary of the Company (as treasury stock or otherwise) shall automatically be canceled cancelled and retired and shall cease to exist and no consideration shall be delivered in exchange therefor.

Cancellation of Stock. Each share of Company Common Stock that is owned held by the Company or any wholly direct or indirect wholly-owned subsidiary of the Company (as treasury stock or otherwise) 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 consideration the Effective Time shall be delivered in exchange thereforcanceled and extinguished without any conversion thereof.

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

Cancellation of Stock. Each share of Company Common Stock that is owned by the Company as treasury stock, or any a wholly - owned subsidiary Subsidiary of the Company (as treasury stock or otherwise) Company, shall automatically be canceled cancelled and retired and shall cease to exist exist, and no Per Share Merger Consideration or other consideration shall be delivered in exchange therefor.