Common use of Company Treasury Stock Clause in Contracts

Company Treasury Stock. At the Effective Time, by virtue of the Merger and without any action on the part of Parent, Merger Sub or the Company, each share of Company Capital Stock that is outstanding and owned by the Company as treasury stock as of immediately prior to the Effective Time (“Company Treasury Stock”) shall cease to be outstanding, shall be canceled and retired without payment of any consideration therefor and shall thereupon cease to exist.

Company Treasury Stock. At the Effective Time, by virtue of the Merger and without any action on the part of Parent, Merger Sub or the Company, each share of Company Capital Stock that is outstanding and owned by the Company as treasury stock as of immediately prior to the Effective Time (“Company Treasury Stock”) shall cease to be outstanding, shall be canceled and retired cancelled without payment of any consideration therefor and shall thereupon cease to exist.

Company Treasury Stock. At Each Share held in the treasury of the Company immediately prior to the Effective Time, will, by virtue of the Merger and without any action on the part of Parent, Merger Sub the Company or the Companyholder thereof, each share of Company Capital Stock that is outstanding be canceled, retired and owned by the Company as treasury stock as of immediately prior to the Effective Time (“Company Treasury Stock”) shall cease to be outstanding, shall be canceled and retired without payment of any consideration therefor and shall thereupon cease to exist, and no consideration will be delivered in exchange therefor.

Company Treasury Stock. At the Effective Time, by virtue of notwithstanding anything to the Merger and without any action on the part of Parent, Merger Sub or the Companycontrary in this Section 2.7, each share of Company Capital Stock that is outstanding and owned by the Company as treasury stock as of immediately prior to the Effective Time (“Company Treasury Stock”) shall cease to be outstanding, shall be canceled cancelled and retired without payment of any consideration therefor therefor, and shall thereupon cease to exist.

Company Treasury Stock. At the Effective Time, by virtue of notwithstanding anything to the Merger and without any action on the part of Parent, Merger Sub or the Companycontrary in this Section 2.7, each share of Company Capital Stock that is outstanding and owned by the Company as treasury stock as of immediately prior to the Effective Time (“Company Treasury Stock”) shall will cease to be outstanding, shall will be canceled cancelled and retired without payment of any consideration therefor therefor, and shall will thereupon cease to exist.

Company Treasury Stock. At the Effective Time, by virtue of the Merger and without any action on the part of Parent, Merger Sub or the Company, each share of Company Capital Stock that is outstanding and owned by the Company as treasury stock as of immediately prior to the Effective Time (“Company Treasury Stock”) shall cease to be outstanding, shall be canceled and retired without payment of any consideration therefor and shall thereupon cease to exist.

Company Treasury Stock. At the Effective Time, by virtue of the Merger and without any action on the part of Parent, Merger Sub or the Company, each share of Company Capital Stock that is outstanding and owned held of record by the Company as treasury stock as of immediately prior to the Effective Time (“Company Treasury Stock”) shall cease to be outstanding, shall be canceled automatically cancelled and retired without payment of any consideration therefor and shall thereupon cease to exist, and no consideration shall be paid or payable in respect thereof.

Company Treasury Stock. At the Effective Time, by virtue of the Merger and without any action on the part of Parent, Merger Sub One or the Company, notwithstanding anything to the contrary in this Section 2.7 each share of Company Capital Stock that is outstanding and owned by the Company as treasury stock as of immediately prior to the Effective Time (“Company Treasury Stock”) shall cease to be outstanding, shall be canceled and retired without payment of any consideration therefor and shall thereupon cease to exist.

Company Treasury Stock. At On and after the Effective Time, each share of Company Capital Stock issued and held in the Company's treasury at the Effective Time, shall, by virtue of the Merger and without any action on the part of Parentthe holder thereof, Merger Sub or the Company, each share of Company Capital Stock that is outstanding and owned by the Company as treasury stock as of immediately prior to the Effective Time (“Company Treasury Stock”) shall cease to be outstanding, shall be canceled and be retired without payment of any consideration therefor and shall thereupon cease to exist.