Interim Common Stock Sample Clauses

Interim Common Stock. Each share of Interim Common Stock which is issued and outstanding immediately prior to the Effective Time shall be converted automatically and without any action on the part of the holder thereof into an equal number of issued and outstanding shares of common stock of the Surviving Corporation.
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Interim Common Stock. Each share of Interim Common Stock which is issued and outstanding immediately prior to the Effective Time shall be converted automatically and without any action on the part of the holder thereof into an issued and outstanding share of Common Stock of the Surviving Corporation.
Sample 1Sample 2Sample 3See All (5)
Interim Common Stock. Upon consummation of the Merger, all shares of Interim shall convert into 100 shares American Common Stock.
Sample 1
Interim Common Stock. The shares of Interim shall be canceled as a result of the Merger.
Sample 1
Interim Common Stock. At the Effective Time, the shares of the common stock, par value $1.00 per share, of Interim issued and outstanding immediately prior to the Effective Time shall automatically by operation of law be converted into and shall become (i) the number of shares of Bank Common Stock that equals, in the aggregate, the number of shares of Bank Common Stock issued and outstanding immediately prior to the Reorganization that were not held by a subsidiary of the Bank, plus (ii) the number of shares of the Noncumulative Preferred Stock, Series 1997-A, par value $1.00 per share, of the Bank (the "Bank Series 1997-A Preferred Stock") equal, in ---------------------------------- the aggregate, to the number of shares of Bank Preferred Stock issued and outstanding immediately prior to the Effective Time, so that, from and after the Effective Time, all of the issued and outstanding shares of Bank Common Stock (other than shares of Bank Common Stock held by a subsidiary of the Bank) and Bank Series 1997-A Preferred Stock shall be held by the Holding Company. The Bank Series 1997-A Preferred Stock shall have the rights, preferences and other terms set forth in the form of Supplementary Charter Section of the Bank attached as Exhibit B hereto. ---------
Sample 1
Interim Common Stock. The share of Interim Common Stock issued and outstanding immediately prior to the Effective Time shall be converted into 451,105 shares of the Bank Common Stock, which shares of Bank Common Stock shall remain issued and outstanding after the Merger.
Sample 1
Interim Common Stock. At the Effective Time, the shares of the common stock, par value $1.00 per share, of Interim issued and outstanding immediately prior to the Effective Time shall automatically by operation of law be converted into and shall become (i) the number of shares of Bank Common Stock that equals, in the aggregate, the number of shares of Bank Common Stock issued and outstanding immediately prior to the Reorganization that were not held by a subsidiary of the Bank, plus (ii) the number of shares of the Noncumulative Preferred Stock, Series 1997-A, par value $1.00 per share, of the Bank (the "Bank Series 1997-A Preferred Stock") equal, in the aggregate, to the number of shares of Bank Preferred Stock issued and outstanding immediately prior to the Effective Time, so that, from and after the Effective Time, all of the issued and outstanding shares of Bank Common Stock (other than shares of Bank Common Stock held by a subsidiary of the Bank) and Bank Series 1997-A Preferred Stock shall be held by the Holding Company. The Bank Series 1997-A Preferred Stock shall have the rights, preferences and other terms set forth in the form of Supplementary Charter Section of the Bank attached as Exhibit B hereto. 2.
Sample 1
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Related to Interim Common Stock

  • Merger Sub Common Stock At the Effective Time, each share of common stock, par value $0.01 per share, of Merger Sub (“Merger Sub Common Stock”) issued and outstanding immediately prior to the Effective Time shall be automatically converted into one fully paid and nonassessable share of common stock, par value $0.01 per share, of the Surviving Corporation.

  • Common Stock 1 Company........................................................................1

  • Parent Common Stock At and after the Effective Time, each share of Parent 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.

  • Common Shares 4 Company...................................................................................... 4

  • Ordinary Shares The Ordinary Shares included in the Units have been duly authorized and, when issued and delivered against payment for the Offered Securities by the Underwriters pursuant to this Agreement and registered in the Company’s register of members, will be validly issued, fully paid and non-assessable. The holders of such Ordinary Shares are not and will not be subject to personal liability by reason of being such holders; such Ordinary Shares are not and will not be subject to any preemptive or other similar contractual rights granted by the Company.

  • Company Common Stock “Company Common Stock” shall mean the Common Stock, par value $0.001 per share, of the Company.

  • Company Stock The authorized capital stock of the Company consists of: (i) 95,000,000 shares of Company Common Stock, (ii) 900,000 shares of undesignated preferred stock, par value $1.75 per share, and (iii) 100,000 shares of Series A Preferred Stock, par value $1.75 per share (the “Series A Preferred Stock”) (the undesignated and Series A Preferred Stock are collectively referred to herein as the “Company Preferred Stock”). As of August 7, 2007, (a) 44,641,388 shares of Company Common Stock were issued and outstanding, (b) no shares of Company Preferred Stock were issued and outstanding, (c) 18,195,312 shares of Company Common Stock were reserved for issuance under the Company Stock Plans, (d) 1,500,000 shares of Company Common Stock were reserved for issuance under stock options granted outside of the Company Stock Plans, (e) 1,370,763 shares of Company Common Stock were reserved for issuance under Company Warrants, and (f) 378,100 shares of Company Common Stock were held in treasury. The outstanding shares of Company Common Stock have been duly authorized and are validly issued and outstanding, fully paid and nonassessable, and subject to no preemptive rights (and were not issued in violation of any subscriptive or preemptive rights). As of the date hereof, other than the Company Stock Options and the Company Warrants, there are no shares of Company Common Stock authorized and reserved for issuance, the Company does not have any Rights issued or outstanding with respect to Company Stock, and the Company does not have any commitment to authorize, issue or sell any Company Stock or Rights, except pursuant to this Agreement. Section 4.2(e) of the Company Disclosure Schedule sets forth a list of the holders of outstanding Company Stock Options and Company Warrants, the date that each such Company Stock Option or Company Warrant was granted, the number of shares of Company Common Stock subject to each such Company Stock Option or Company Warrant, the vesting schedule and expiration date of each such Company Stock Option or Company Warrant and the price at which each such Company Stock Option or Company Warrant may be exercised.

  • Purchaser Common Stock Each share of common stock, par value $0.001 per share, of the Purchaser (the “Purchaser Common Stock”) issued and outstanding immediately prior to the Effective Time shall be converted into and become one newly and validly issued, fully paid and nonassessable share of common stock of the Surviving Corporation.

  • Buyer Common Stock The shares of Buyer Common Stock issuable pursuant hereto, when issued by Buyer in accordance with this Agreement, will be duly issued, fully paid, and non-assessable.

  • Common Stock Record Date Each Person in whose name any certificate for shares of Common Stock is issued (or to whose broker’s account is credited shares of Common Stock through the DWAC system) upon the exercise of Warrants shall for all purposes be deemed to have become the holder of record for the Common Stock represented thereby on, and such certificate shall be dated, the date on which submission of the Notice of Exercise was made, provided that the Warrant Certificate evidencing such Warrant is duly surrendered (but only if required herein) and payment of the Exercise Price (and any applicable transfer taxes) is received on or prior to the Warrant Share Delivery Date; provided, however, that if the date of submission of the Notice of Exercise is a date upon which the Common Stock transfer books of the Company are closed, such Person shall be deemed to have become the record holder of such shares on, and such certificate shall be dated, the next succeeding day on which the Common Stock transfer books of the Company are open.

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