Common use of Capital Stock of Surviving Bank Clause in Contracts

Capital Stock of Surviving Bank. The authorized capital stock of the Surviving Bank shall be 45,000 shares of common stock, par value $100 per share, of which there will be 22,500 shares issued and outstanding, and no shares of preferred stock.

Appears in 5 contracts

Samples: Agreement and Plan of Merger (First State Bancorporation), Agreement and Plan of Merger (First State Bancorporation), Agreement and Plan of Merger (Access Anytime Bancorp Inc)

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Capital Stock of Surviving Bank. The authorized capital stock of the Surviving Bank shall be 45,000 five million (5,000,000) shares of common stock, par value $100 10.00 per share, of which there will be 22,500 shares issued and outstanding, and no shares of preferred stock.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Sandy Spring Bancorp Inc), Agreement and Plan of Merger (WashingtonFirst Bankshares, Inc.), Agreement and Plan of Merger (Sandy Spring Bancorp Inc)

Capital Stock of Surviving Bank. The authorized capital stock of ------------------------------- the Surviving Bank shall be 45,000 100 million shares of common stock, par value $100 .01 per share, of which there will be 22,500 shares issued and outstanding, and no 10 million shares of preferred stock, par value .01 per share.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Roslyn Bancorp Inc)

Capital Stock of Surviving Bank. The authorized capital stock of the Surviving Bank shall be 45,000 two million (2,000,000) shares, of which (i) one million five hundred thousand (1,500,000) shares of shall be common stock, par value $100 10.00 per share, of which there will and (ii) five hundred thousand (500,000) shares shall be 22,500 shares issued and outstanding, and no shares of serial preferred stock, par value $10.00 per share.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Community Financial Corp /Md/)

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Capital Stock of Surviving Bank. The authorized capital stock of the Surviving Bank shall be 45,000 100 million shares of common stock, par value $100 .01 per share, of which there will be 22,500 shares issued and outstanding, and no 10 million shares of preferred stock, par value .01 per share.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Tr Financial Corp)

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