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 be converted into treasury stock of Buyer as contemplated by Section 1.4, the shares of Buyer Common Stock and shares of capital stock of Buyer Subsidiary Bank 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 2 contracts

Samples: Agreement and Plan of Merger (Center Bancorp Inc), Merger Agreement (Center Bancorp Inc)

AutoNDA by SimpleDocs

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 be converted into treasury stock of Buyer as contemplated by Section 1.41.4 hereof, the shares of Buyer Common Stock and shares of capital stock of Buyer Subsidiary Bank 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 1 contract

Samples: Merger Agreement (Pulse Bancorp Inc)

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 be converted into treasury stock of Buyer as contemplated by Section 1.41.4 hereof, the shares of Buyer Common Stock and shares of capital stock of Buyer Subsidiary Bank 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 1 contract

Samples: Merger Agreement (New York Bancorp Inc)

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 be converted into treasury stock of Buyer as contemplated by Section 1.41.5, the shares of Buyer Common Stock and shares of capital stock of Buyer Subsidiary Bank Newco 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 1 contract

Samples: Merger Agreement (Center Bancorp Inc)

AutoNDA by SimpleDocs

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 be converted into treasury stock of Buyer as contemplated by Section 1.41.4 hereof, the shares of Buyer Common Stock and shares of capital stock of Buyer Subsidiary Bank 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 1 contract

Samples: Merger Agreement (First Source Bancorp Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!