Treasury Stock and Parent Owned Stock. Each Share that is owned by the Company or by any Subsidiary of the Company and each Share that is owned by Parent, Sub or any other Subsidiary of Parent shall automatically be cancelled and retired and shall cease to exist, and no consideration shall be delivered in exchange therefor.
Treasury Stock and Parent Owned Stock. At the Effective Time, by virtue of the Merger, each share of Company Capital Stock held by the Company or Parent (or any direct or indirect wholly owned Subsidiary of the Company or Parent) immediately prior to the Effective Time shall be cancelled and extinguished without any conversion thereof or the right to receive any consideration therefor (such shares, the “Cancelled Shares”).
Treasury Stock and Parent Owned Stock. Each share of ------------------------------------- Common Stock that is owned by the Company or any subsidiary of the Company ("Treasury Shares") and each share of Common Stock that is owned by Parent, --------------- Merger Sub or any other subsidiary of Parent ("Parent Shares") shall ------------- automatically be canceled and retired and shall cease to exist, and no consideration shall be delivered in exchange therefor.
Treasury Stock and Parent Owned Stock. Each common share of beneficial interest in the Company, $0.01 par value per share (the “Company Common Shares,” or a “Share” and, collectively, the “Shares”) and each Company Preferred Share that is held by the Company, Company OP or by any wholly-owned Subsidiary of the Company or Company OP and each Share and each Company Preferred Share that is held by Parent, Merger Sub or any other wholly-owned Subsidiary of Parent shall automatically be cancelled and retired and shall cease to exist, and no consideration shall be delivered in exchange therefor.
Treasury Stock and Parent Owned Stock. All Shares owned by the Company and any Shares owned by Parent, Purchaser or any of their respective Subsidiaries shall be cancelled and shall cease to exist, and no consideration shall be delivered in exchange therefor.
Treasury Stock and Parent Owned Stock. Each share of Common Stock that is owned by the Company and each share of Common Stock that is owned by Parent or Sub (together, in each case, with the associated Right) shall automatically be canceled and retired and shall cease to exist, and no consideration shall be delivered in exchange therefor. Each share of Common Stock that is owned by any subsidiary of the Company or Parent (other than Sub), together, in each case, with the associated Right, shall automatically be converted into and become one fully paid and nonassessable share of Common Stock, par value $0.01 per share, of the Surviving Corporation.
Treasury Stock and Parent Owned Stock. Each ------------------------------------- share of Common Stock held in the Company's treasury immediately prior to the Effective Time, if any, and each share of Common Stock then owned by Parent, Merger Sub or any other Subsidiary (as defined below) of Parent (collectively, "Parent Shares"), if any, shall, by virtue of ------------- the Merger, automatically be canceled and retired and cease to exist and no consideration shall be delivered in exchange therefor.
Treasury Stock and Parent Owned Stock. Each share of Company Common Stock held in the Company's treasury immediately prior to the Effective Time (excluding any shares of Company Common Stock held by the Company's subsidiaries, all of which shares are described on SCHEDULE 2.3 and which shall not be canceled and retired, as set forth below), and each share of Company Common Stock and Company Convertible Preferred Stock then owned by the Parent, the Merger Sub or any other wholly-owned subsidiary of the Parent (collectively, "PARENT SHARES"), if any, shall, by virtue of the Merger, automatically be canceled and retired and cease to exist and no consideration shall be delivered in exchange therefor. Each share of Company Common Stock held by the Company's subsidiaries issued and outstanding immediately prior to the Effective Time, all of which shares are described on SCHEDULE 2.3 (the "SUBSIDIARIES' SHARES"), shall remain outstanding as shares of common stock of the Surviving Corporation."
Treasury Stock and Parent Owned Stock. At the Effective ------------------------------------- Time, by virtue of the Merger, all shares of Canaan Common Stock that are issued and held as treasury stock, if any, and all shares of Canaan Common Stock held by Parent will be canceled and retired and will cease to exist, and no Merger Consideration or other consideration will be paid or payable in exchange therefor.
Treasury Stock and Parent Owned Stock. Each share of Company Common Stock held in the Company's treasury immediately prior to the Effective Time, if any (excluding any shares of Company Common Stock held by the Company's subsidiaries, all of which shares are described on SCHEDULE 2.3 and shall be entitled to receive the Common Stock Price Per Share as set forth in Section 2.1 and shall not be canceled and retired), and each share of Company Common Stock and Company Convertible Preferred Stock then owned by the Parent, the Merger Sub or any other wholly-owned subsidiary of the Parent (collectively, "PARENT SHARES"), if any, shall, by virtue of the Merger, automatically be canceled and retired and cease to exist and no consideration shall be delivered in exchange therefor.
