Common use of Cancellation of Treasury Stock and Parent-Owned Company Stock Clause in Contracts

Cancellation of Treasury Stock and Parent-Owned Company Stock. Each share of Company Common Stock that is owned by the Company, and each share of Company Common Stock that is owned by Parent, Merger Sub or any other Subsidiary of Parent shall automatically be cancelled and retired and shall cease to exist, and no cash, Parent Capital Stock or other consideration shall be delivered or deliverable in exchange therefor.

Cancellation of Treasury Stock and Parent-Owned Company Stock. Each At the Effective Time, each share of Company Common Stock that is owned by the CompanyCompany as treasury stock or by any Company Subsidiary, and each share of Company Common Stock that is owned by ParentParent or Merger Sub, Merger Sub or any other Subsidiary of Parent shall automatically be cancelled canceled and retired and shall cease to exist, and no cash, Parent Capital Common Stock or other consideration shall be delivered or deliverable in exchange therefor.

Cancellation of Treasury Stock and Parent-Owned Company Stock. Each share of Company Common Stock that is owned by the Company, Parent or Sub shall no longer be outstanding and each share of Company Common Stock that is owned by Parent, Merger Sub or any other Subsidiary of Parent shall automatically be cancelled canceled and retired and shall cease to exist, and no cash, Parent Capital Stock ADSs or other consideration shall be delivered or deliverable in exchange therefor.

Cancellation of Treasury Stock and Parent-Owned Company Stock. Each share of Company Common Stock that is owned by the Company, and each share of Company Common Stock that is owned by Parent, Merger Sub or any other Subsidiary of Parent shall automatically be cancelled and retired and shall cease to exist, and no cash, Parent Capital Common Stock or other consideration shall be delivered or deliverable in exchange therefor.