Common use of Nasdaq Qualification Clause in Contracts

Nasdaq Qualification. ANB shall, prior to the Effective Time, take commercially reasonable steps to ensure that all ANB Common Stock to be issued in the Merger is designated as a NASDAQ “national market system security” within the meaning of Rule 600 of Regulation NMS under the 1934 Act.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (P B Financial Services Corp), Agreement and Plan of Merger (Alabama National Bancorporation)

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Nasdaq Qualification. ANB shall, prior to the Effective Time, take commercially reasonable steps to ensure that all ANB Common Stock to be issued in the Merger is designated as a NASDAQ “national market system security” within the meaning of Rule 600 11Aa2-1 of Regulation NMS under the 1934 ActSEC.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Alabama National Bancorporation), Agreement and Plan of Merger (Florida Choice Bankshares, Inc.)

Nasdaq Qualification. ANB shall, prior to the Effective Time, take commercially reasonable all necessary steps to ensure that all ANB Common Stock to be issued in the Merger (including upon the exercise of the ANB Options into which the IRNB Options shall have been converted) is designated as a NASDAQ "national market system security" within the meaning of Rule 600 11Aa2-1 of Regulation NMS under the 1934 ActSEC.

Appears in 1 contract

Samples: Employment Agreement (Indian River Banking Company)

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Nasdaq Qualification. ANB shall, prior to the Effective Time, take commercially reasonable all necessary steps to ensure that all ANB Common Stock to be issued in the Merger (including upon the exercise of the ANB Options into which the IRNB Options shall have been converted) is designated as a NASDAQ “national market system security” within the meaning of Rule 600 11Aa2-1 of Regulation NMS under the 1934 ActSEC.

Appears in 1 contract

Samples: Employment Agreement (Alabama National Bancorporation)

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