Common use of Cancellation of Treasury Shares of the Company Clause in Contracts

Cancellation of Treasury Shares of the Company. Each share of capital stock of the Company issued and outstanding immediately prior to the Effective Time that is owned by the Company (as treasury stock or otherwise) shall automatically be cancelled and retired and shall cease to exist, and no cash or other consideration shall be delivered or deliverable in exchange therefor.

Cancellation of Treasury Shares of the Company. Each share of capital stock of the Company issued and outstanding immediately prior to the Effective Time that is owned by the Company (as treasury stock or otherwise) or by any Parent Entity or any of its Subsidiaries immediately prior to the Effective Time (collectively, the “Cancelled Shares”) shall no longer be outstanding and shall automatically be cancelled and retired and shall cease to exist, and no cash or other consideration shall be delivered or deliverable in exchange therefor.

Cancellation of Treasury Shares of the Company. Each share All shares of capital stock of the Company issued and outstanding immediately prior to the Effective Time that is are owned by the Company (as treasury stock or otherwise) shares automatically shall automatically be cancelled and retired and shall cease to exist, exist and no cash or other consideration shall be delivered or deliverable in exchange therefor.

Cancellation of Treasury Shares of the Company. Each share of capital stock of the Company issued that is owned by the Company and outstanding held in treasury immediately prior to the Effective Time that is owned by the Company (as treasury stock or otherwise) shall automatically be cancelled and canceled or retired and shall cease to exist, and no cash or other without any consideration shall be delivered or deliverable in exchange thereforthereof.

Cancellation of Treasury Shares of the Company. Each share All shares of capital stock of the Company issued and outstanding immediately prior to the Effective Time that is and are owned directly or indirectly by the Company (whether as treasury stock shares or otherwise) shall or Buyer, Merger Sub I or their respective Subsidiaries will be automatically be cancelled and retired and shall will cease to exist, exist and no cash or other consideration shall will be delivered or deliverable in exchange therefor.

Cancellation of Treasury Shares of the Company. Each share All shares of capital stock of the Company issued and outstanding immediately prior to the Effective Time that is and are owned directly or indirectly by the Company (whether as treasury stock shares or otherwise) shall or Buyer, Merger Sub or their respective Subsidiaries will be automatically be cancelled and retired and shall will cease to exist, exist and no cash or other consideration shall will be delivered or deliverable in exchange therefor.

Cancellation of Treasury Shares of the Company. Each share At the Effective Time, by virtue of the Merger and without any further action on the part of Buyer, Merger Sub or the Company, all shares of capital stock of the Company issued and outstanding that are owned by the Company immediately prior to the Effective Time that is owned by the Company (as treasury stock or otherwise) shares shall be automatically be cancelled and retired and shall cease to exist, exist and no cash or other consideration shall be delivered or deliverable in exchange therefor.

Cancellation of Treasury Shares of the Company. Each share of capital stock of the Company issued and outstanding immediately prior to the Effective Time that is owned by the Company (as treasury stock or otherwise) or by any Parent Entity or any of its Subsidiaries immediately prior to the Effective Time (collectively, the “Cancelled Shares”) shall no longer be outstanding and shall automatically be cancelled and retired and shall cease to exist, and no cash or other consideration shall be delivered or deliverable in exchange therefor.therefor.‌