Common use of Effect on Buyer Common Stock Clause in Contracts

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 13 contracts

Samples: Agreement and Plan of Merger and Reorganization (Grandsouth Bancorporation), Agreement and Plan of Merger (First Bancorp /Nc/), Agreement and Plan of Merger and Reorganization (Select Bancorp, Inc.)

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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: Support Agreement (Amalgamated Financial Corp.), Agreement and Plan of Merger (Carolina Financial Corp), Agreement and Plan of Merger (Congaree Bancshares 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: Agreement and Plan of Merger (SCBT Financial Corp), Agreement and Plan of Merger (TSB Financial CORP)

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: Agreement and Plan of Merger (El Banco Financial Corp), Agreement and Plan of Merger (Nbog Bancorporation Inc)

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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

Samples: Agreement and Plan of Merger and Reorganization (Entegra Financial Corp.)

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.. 3.4

Appears in 1 contract

Samples: V8 Agreement and Plan of Merger (First Bancorp /Nc/)

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