Common use of Cancellation of Treasury Stock Clause in Contracts

Cancellation of Treasury Stock. At the Effective Time, all Company Shares issued and outstanding immediately prior to the Effective Time that are owned by the Company shall automatically be canceled and retired and shall cease to exist, and no cash or other consideration shall be delivered or deliverable in exchange therefor.

Cancellation of Treasury Stock. At the Effective Time, all each Company Shares issued and outstanding Unit owned by the Company immediately prior to the Effective Time that are owned by the Company shall automatically be canceled and retired and shall cease to exist, and no cash extinguished without any conversion or other consideration shall be delivered or deliverable payment in exchange thereforrespect thereof.

Cancellation of Treasury Stock. At the Effective Time, all Each share of Company Shares issued and outstanding Stock held immediately prior to the Effective Time that are owned by the Company as treasury stock shall be automatically be canceled cancelled and retired and shall cease to exist, extinguished and no cash or other consideration shall be delivered or deliverable in exchange thereforpaid with respect thereto.

Cancellation of Treasury Stock. At the Effective Time, all Any Company Shares issued and outstanding held in the Company’s treasury immediately prior to the Effective Time that are owned by the Company shall automatically be canceled and retired and shall cease to exist, and no cash or other without payment of any consideration shall be delivered or deliverable in exchange therefor.

Cancellation of Treasury Stock. At As of the Effective Time, all by virtue of the Merger and without any action on the part of the holder of any Company Shares issued and outstanding Shares, each Company Share held by the Company as treasury stock immediately prior to the Effective Time that are owned by the Company shall automatically be canceled and retired and shall cease to existretired, and no cash or other consideration payment shall be made or consideration delivered or deliverable in exchange thereforrespect thereof.

Cancellation of Treasury Stock. At Each share of the Effective Time, all Company Shares issued and outstanding Stock held immediately prior to before the Effective Time that are owned by the Company as treasury stock shall automatically be canceled and retired and shall cease to exist, cancelled and no cash or other consideration payment shall be delivered or deliverable in exchange thereformade with respect thereto.

Cancellation of Treasury Stock. At Each Company Share held by the Effective Time, all Company Shares issued and outstanding immediately prior to the Effective Time that are owned by the Company shall automatically be canceled cancelled and retired and shall cease to exist, extinguished without any conversion thereof and no cash or other consideration shall be delivered or deliverable in exchange therefor.