Common use of Cancellation of Treasury Stock Clause in Contracts

Cancellation of Treasury Stock. Each share of Target Common Stock that is owned by Target or by any direct or indirect wholly-owned subsidiary of Target shall automatically be canceled and retired and shall cease to exist, and no consideration shall be delivered in exchange therefor.

Cancellation of Treasury Stock. Each share All shares of Target Common Stock that is are owned by Target (as treasury stock), Acquiror or by any direct or indirect wholly-owned subsidiary of Target Sub shall automatically be canceled and retired and shall cease to exist, exist and no consideration shall be delivered in exchange therefor.

Cancellation of Treasury Stock. Each share of Target Common Stock and Target Preferred Stock that is owned by Target or by any direct or indirect wholly-owned subsidiary of the Target shall automatically be canceled cancelled and retired and shall cease to exist, and no consideration shall be delivered in exchange therefor.

Cancellation of Treasury Stock. Each share of Target Common Stock and Preferred Stock that is owned by Target or by any direct or indirect wholly-owned subsidiary of the Target shall automatically be canceled cancelled and retired and shall cease to exist, and no consideration shall be delivered in exchange therefor.

Cancellation of Treasury Stock. Each share of Target Common Stock that is owned held by Target or by any direct or indirect wholly-owned subsidiary Subsidiary (as defined below) of Target (“Treasury Stock”) shall automatically be canceled cancelled and retired and shall cease to exist, and no cash or other stock consideration shall be delivered or deliverable in exchange therefor.