Common use of Cancellation of Treasury Units Clause in Contracts

Cancellation of Treasury Units. Each Company Unit held immediately prior to the Effective Time by the Company as treasury units shall be canceled and no payment shall be made with respect thereto.

Cancellation of Treasury Units. Each Company Common Unit or Incentive Unit held immediately prior to the Effective Time by the Company as treasury units in treasury, if any, or held by Buyer or any of its subsidiaries (excluding the Blocker Company Units) shall be canceled and no payment cash or other consideration shall be made paid with respect thereto.

Cancellation of Treasury Units. Each Company Unit held immediately prior to the Effective Time by the Company as treasury units in treasury, if any, or held by Buyer or any of its subsidiaries (excluding the Arsenal Company Units) shall be canceled cancelled and no payment cash or other consideration shall be made paid with respect thereto.

Cancellation of Treasury Units. Each Company Unit held immediately prior to the Effective Time by the Company as treasury units in treasury, if any, or held by Buyer or any of its Subsidiaries (excluding the HIG Holdco Company Units) shall be canceled cancelled and no payment cash or other consideration shall be made paid with respect thereto.

Cancellation of Treasury Units. Each Company Preferred Unit and Common Unit held immediately prior to the Effective Time by the Company as treasury units in treasury, if any, or held by Buyer or any of its subsidiaries (excluding the Blocker Company Units) shall be canceled cancelled and no payment cash or other consideration shall be made paid with respect thereto.