Cancelled Shares. Each share of Company Common Stock (A) held by the Company as treasury stock immediately prior to the Effective Time shall be cancelled and shall cease to exist, and no securities of Parent or other consideration shall be delivered in exchange therefor and (B) owned by Parent immediately prior to the Effective Time shall be cancelled and shall cease to exist, and no securities of Parent or other consideration shall be delivered in exchange therefor.
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Samples: Agreement and Plan of Merger (Liberty Expedia Holdings, Inc.), Agreement and Plan of Merger (Expedia Group, Inc.)
Cancelled Shares. Each share of Company Common Stock or Company Preferred Stock (A) held by the Company as treasury stock or by any of its Wholly Owned Subsidiaries immediately prior to the Effective Time shall be cancelled and shall cease to exist, and no securities of Parent or other consideration shall be delivered in exchange therefor and (B) owned by Parent or any of its Wholly Owned Subsidiaries immediately prior to the Effective Time shall be cancelled and shall cease to exist, and no securities of Parent or other consideration shall be delivered in exchange therefor.
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Cancelled Shares. Each share of Company Common Stock (A) held by the Company as treasury stock or owned by Buyer immediately prior to the Effective Time shall be be, automatically and without the need for any action on the part of the holders thereof, cancelled and shall cease to exist, and no securities of Parent payment or other consideration distribution shall be made or delivered in exchange therefor and with respect thereto (B) owned by Parent immediately prior to the Effective Time shall be cancelled and shall cease to exist, and no securities of Parent or other consideration shall be delivered in exchange thereforeach a “Cancelled Share”).
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