Effect on Buyer Common Stock. At and after the Effective Time, each share of Buyer Common Stock issued and outstanding immediately prior to the Effective Time shall remain an issued and outstanding share of common stock of the Surviving Corporation and shall not be affected by the Merger.
Appears in 14 contracts
Samples: Merger Agreement (First Bancorp /Nc/), Merger Agreement (Grandsouth Bancorporation), Merger Agreement (Select Bancorp, Inc.)
Effect on Buyer Common Stock. At and after the Effective Time, each share of Buyer Common Stock issued and outstanding immediately prior to the Effective Time shall remain an issued and outstanding share of common stock of the Surviving Corporation Buyer and shall not be affected by the Merger.
Appears in 5 contracts
Samples: Merger Agreement (Amalgamated Financial Corp.), Merger Agreement (Carolina Financial Corp), Merger Agreement (Congaree Bancshares Inc)
Effect on Buyer Common Stock. At and after the Effective Time, each share of Buyer Common Stock issued and outstanding immediately prior to the Effective Time shall remain an issued and outstanding share of common stock of the Surviving Corporation and shall not be affected by the MergerMergers.
Appears in 2 contracts
Samples: Merger Agreement (El Banco Financial Corp), Merger Agreement (Nbog Bancorporation Inc)
Effect on Buyer Common Stock. At and immediately after the Effective Time, each share of Buyer Common Stock issued and outstanding immediately prior to the Effective Time shall remain an issued and outstanding share of common stock of the Surviving Corporation and shall not be affected by the Merger.
Appears in 2 contracts
Samples: Merger Agreement (TSB Financial CORP), Merger Agreement (SCBT Financial Corp)
Effect on Buyer Common Stock. At and after the Effective Time, each share of Buyer Common Stock and each share of the common stock of Entegra Bank issued and outstanding immediately prior to the Effective Time shall remain an issued and outstanding share of common stock of the Surviving Corporation Buyer or Entegra Bank, as applicable, and shall not be affected by the Merger.
Appears in 1 contract
