Common use of Equity Interests Held in Treasury or Owned Clause in Contracts

Equity Interests Held in Treasury or Owned. (a) At the Blocker Mergers Effective Time, any equity interest of a Blocker held in the treasury of such Blocker or owned by such Blocker immediately prior to the Blocker Mergers Effective Time shall be cancelled and extinguished without any conversion thereof, and no payment shall be made with respect thereto and (b) at the Effective Time, any Company Units held in the treasury of the Company or owned by any Subsidiary of the Company immediately prior to the Effective Time shall be cancelled and extinguished without any conversion thereof, and no payment shall be made with respect thereto (any such limited liability company interests or other equity interests or such Company Units contemplated by this Section 4.06, “Cancelled Equity Interests”).

Equity Interests Held in Treasury or Owned. (ai) At the Blocker Mergers Effective Time, any equity interest of a Blocker Units or other Blocker Equity Interests held in the treasury of such the Blocker or owned by such the Blocker immediately prior to the Blocker Mergers Effective Time shall be cancelled and extinguished without any conversion thereof, and no payment shall be made with respect thereto and (bii) at the Company Effective Time, any Company Units or other Company Equity Interests held in the treasury of the Company or owned by any Subsidiary of the Company immediately prior to the Company Effective Time shall be cancelled and extinguished without any conversion thereof, and no payment shall be made with respect thereto (any such limited liability company interests Blocker Units, other Blocker Equity Interests, Company Units or other equity interests or such Company Units Equity Interests contemplated by this Section 4.06clauses (i) and (ii), “Cancelled Equity Interests”).

Equity Interests Held in Treasury or Owned. (ai) At the Blocker Mergers Effective Time, any equity interest limited liability company interests or other Equity Interests of a Blocker held in the treasury of such Blocker or owned by such Blocker immediately prior to the Blocker Mergers Effective Time shall be cancelled and extinguished without any conversion thereof, and no payment shall be made with respect thereto and (bii) at the Effective Time, any Company Units held in the treasury of the Company or owned by any Subsidiary of the Company immediately prior to the Effective Time shall be cancelled and extinguished without any conversion thereof, and no payment shall be made with respect thereto (any such limited liability company interests or other equity interests Equity Interests or such Company Units contemplated by this Section 4.06clauses (i) and (ii), “Cancelled Equity Interests”).

Equity Interests Held in Treasury or Owned. (ai) At the Blocker Mergers Effective Time, any equity interest shares of capital stock or other Equity Interests of a Blocker held in the treasury of such Blocker or owned by such Blocker immediately prior to the Blocker Mergers Effective Time shall be cancelled and extinguished without any conversion thereof, and no payment shall be made with respect thereto and (bii) at the Effective Time, any Company Units held in the treasury of the Company or owned by any Subsidiary of the Company immediately prior to the Effective Time shall be cancelled and extinguished without any conversion thereof, and no payment shall be made with respect thereto (any such limited liability company interests shares of capital stock or other equity interests Equity Interests or such Company Units contemplated by this Section 4.06clauses (i) and (ii), “Cancelled Equity Interests”).