Common use of Buyer Common Stock Clause in Contracts

Buyer Common Stock. Except for shares of Buyer Common Stock owned by the Company or any of its Subsidiaries (other than Trust Account Shares and DPC Shares), which shall constitute authorized but unissued shares of Buyer Common Stock as contemplated by Section 1.4 hereof, the shares of Buyer Common Stock issued and outstanding immediately prior to the Effective Time shall be unaffected by the Merger and such shares shall remain issued and outstanding.

Appears in 4 contracts

Samples: Merger Agreement (Monocacy Bancshares Inc), Merger Agreement (F&m Bancorp), Merger Agreement (F&m Bancorp)

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Buyer Common Stock. Except for shares of Buyer Common Stock owned by the Company or any of its Subsidiaries (other than Trust Account Shares and DPC Shares), which shall constitute authorized but unissued shares be converted into treasury stock of Buyer Common Stock as contemplated by Section 1.4 hereof, the shares of Buyer Common Stock issued and outstanding immediately prior to the Effective Time shall be unaffected by the Merger and such shares shall remain issued and outstanding.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (North Fork Bancorporation Inc), Merger Agreement (North Fork Bancorporation Inc), Merger Agreement (Reliance Bancorp Inc)

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Buyer Common Stock. Except for shares of Buyer Common Stock owned by the Company or any of its Subsidiaries (other than Trust Account Shares and DPC Shares), which shall constitute authorized but unissued shares be converted into treasury stock of Buyer Common Stock as contemplated by Section 1.4 hereof, the shares of Buyer Common Stock issued and outstanding immediately prior to the Effective Time shall be unaffected by the Merger and at the Effective Time, such shares shall remain issued and outstanding.

Appears in 2 contracts

Samples: Merger Agreement (Provident Bankshares Corp), Merger Agreement (First Citizens Financial Corp)

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