Common use of Cancellation of Certain Shares Clause in Contracts

Cancellation of Certain Shares. Each share of Company capital stock that is owned by Parent, Merger Sub or the Company (as treasury stock or otherwise) or any of their respective direct or indirect wholly-owned Subsidiaries shall automatically be cancelled and retired and shall cease to exist, and no consideration shall be delivered in exchange therefor (such shares collectively, the “Cancelled Shares”).

Cancellation of Certain Shares. Each share of Company capital stock that is owned by Parent, Merger Sub or the Company (as treasury stock or otherwise) or any of their respective direct or indirect wholly-owned Subsidiaries shall automatically be cancelled and retired and shall cease to exist, and no consideration shall be delivered in exchange therefor (such shares collectively, the “Cancelled Shares”).

Cancellation of Certain Shares. Each share of Company capital stock Capital Stock that is held in the treasury of the Company and each share of Company Capital Stock owned by Parent, Merger Sub or the Company (as treasury stock or otherwise) or any other wholly owned subsidiary of their respective direct or indirect wholly-owned Subsidiaries Parent shall automatically be cancelled canceled and retired and shall cease to exist, and no consideration shall be delivered in exchange therefor (such shares collectively, the “Cancelled Shares”)therefor.

Cancellation of Certain Shares. Each share of Company capital stock Shares that is are owned by Parent, Merger Sub or the Company (as treasury stock or otherwise) or any of their respective direct or indirect wholly-owned Subsidiaries shall automatically be cancelled and retired and shall cease to exist, and no consideration shall be delivered in exchange therefor (such shares collectively, the “Cancelled Shares”)therefor.

Cancellation of Certain Shares. Each share of Company capital stock All Shares that is are owned by Parent, Merger Sub 1, Merger Sub 2 or the Company (as treasury stock or otherwise) or any of their respective direct or indirect wholly-wholly owned Subsidiaries shall automatically be cancelled and retired and shall cease to exist, and no consideration shall be delivered in exchange therefor (such shares collectively, the “Cancelled Shares”)therefor.

Cancellation of Certain Shares. Each issued and outstanding share of Company capital stock Capital Stock that is held in treasury of Company or owned by ParentCompany, Parent or Merger Sub or the Company (as treasury stock or otherwise) or any of their respective direct or indirect wholly-owned Subsidiaries shall automatically be cancelled and retired and shall cease to exist, and no consideration shall be delivered in exchange therefor (such shares collectively, the “Cancelled Shares”)therefor.

Cancellation of Certain Shares. Each share Any shares of Company capital stock that is owned Stock held by Parent, Merger Sub or the Company Parent (as treasury stock or otherwise) or any of their respective direct its Subsidiaries) or indirect wholly-owned Subsidiaries by the Company, other than those held in a fiduciary capacity or as a result of debts previously contracted ("Treasury Shares"), shall automatically be cancelled canceled and retired and shall cease to exist, at the Effective Time of the Merger and no consideration shall be delivered issued in exchange therefor (such shares collectively, the “Cancelled Shares”)therefore.

Cancellation of Certain Shares. Each share of Series J Preferred Stock and each share of Company capital stock that is owned by Parent, Merger Sub or the Company (as treasury stock or otherwise) or any of their respective direct or indirect wholly-owned Subsidiaries shall automatically be cancelled and retired and shall cease to exist, and no consideration shall be delivered in exchange therefor (such shares collectively, the “Cancelled Shares”).