Common use of Excluded Shares Clause in Contracts

Excluded Shares. All shares of Company Capital Stock held by the Company as treasury shares or by Parent or Merger Sub or by any wholly owned Subsidiary of Parent or Merger Sub immediately prior to the Effective Time and, in each case, not held on behalf of third parties (collectively, “Excluded Shares”) shall automatically be canceled and cease to exist as of the Effective Time, and no consideration shall be delivered in exchange therefor.

Excluded Shares. All shares Each share of Company Capital Stock held by the Company as treasury shares in the Company’s treasury, by the Company’s Subsidiaries or by Parent or Merger Sub or by any wholly owned Subsidiary of Parent or Merger Sub immediately prior to the Effective Time and, in each case, not held on behalf of third parties (collectively, “Excluded Shares”) shall automatically be canceled cancelled and retired and shall cease to exist as of the Effective Timeexist, and no consideration shall be delivered in exchange therefor.

Excluded Shares. All shares Each share of Company Capital Stock held owned directly or indirectly by the Company as treasury shares (or held in the Company’s treasury) or owned by Parent or Parent, Merger Sub or by any wholly owned direct or indirect Subsidiary of Parent or Merger Sub thereof immediately prior to the Effective Time and, in each case, not held on behalf of third parties (collectively, the “Excluded Shares”) ), shall automatically be canceled cancelled and retired and shall cease to exist as of the Effective Timeexist, and no cash or other consideration shall be delivered or deliverable with respect thereto or in exchange therefor.

Excluded Shares. All shares Each share of Company Capital Stock held owned by the Company as treasury shares (or held in the Company’s treasury) or owned by Parent or Parent, Merger Sub or by any wholly owned direct or indirect Subsidiary of Parent or Merger Sub thereof immediately prior to the Effective Time and, in each case, (but not held on behalf of third parties including the Rollover Shares) (collectively, the “Excluded Shares”) shall automatically be canceled cancelled and retired and shall cease to exist as of the Effective Timeexist, and no cash or other consideration shall be delivered or deliverable with respect thereto or in exchange therefor.