Common use of Capitalization of the Continuing Bank Clause in Contracts

Capitalization of the Continuing Bank. The Continuing Bank will have capital stock of $400,000, divided into 200,000 shares of common stock, par value of $2.00 per share. Accordingly, as of September 30, 2016, the capital accounts of the Continuing Bank would have been as set forth on the pro forma financial statement attached asSCHEDULE A.

Appears in 2 contracts

Samples: Merger Agreement (Midland States Bancorp, Inc.), Merger Agreement (Centrue Financial Corp)

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Capitalization of the Continuing Bank. The At the Effective Time, the Continuing Bank will have capital stock of $400,000[_____], divided into 200,000 [_____] shares of common stock, par value of $2.00 10.00 per share. Accordingly, as As of September 30, 2016[MOST-RECENT QUARTER-END], the capital accounts of the Continuing Bank Bank, would have been as set forth on the pro forma financial statement attached asSCHEDULE as Schedule A.

Appears in 2 contracts

Samples: Merger Agreement (First Busey Corp /Nv/), Merger Agreement (Crossfirst Bankshares, Inc.)

Capitalization of the Continuing Bank. The At the Effective Time, Continuing Bank will have capital stock of $400,000[ ], divided into 200,000 [ ] shares of common stock, par value of $2.00 [ ] per share. Accordingly, as of September 30December 31, 2016, the capital accounts of the Continuing Bank would have been as set forth on the pro forma financial statement attached asSCHEDULE A.

Appears in 2 contracts

Samples: Merger Agreement (First Community Financial Partners, Inc.), Merger Agreement (First Busey Corp /Nv/)

Capitalization of the Continuing Bank. The At the Effective Time, Continuing Bank will have capital stock of $400,000[•], divided into 200,000 [•] shares of common stock, par value of $2.00 10.00 per share. AccordinglyAs of [•], as of September 30, 20162020, the capital accounts of the Continuing Bank would have been as set forth on the pro forma financial statement attached asSCHEDULE as SCHEDULE A.

Appears in 1 contract

Samples: Merger Agreement (First Busey Corp /Nv/)

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Capitalization of the Continuing Bank. The Continuing Bank will have capital stock of $400,000, divided into 200,000 shares of common stock, par value of $2.00 per share. Accordingly, as of September June 30, 20162017, the capital accounts of the Continuing Bank would have been as set forth on the pro forma financial statement attached asSCHEDULE as SCHEDULE A.

Appears in 1 contract

Samples: Merger Agreement (Midland States Bancorp, Inc.)

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