Common use of Stock of the Surviving Bank Clause in Contracts

Stock of the Surviving Bank. At the Effective Time, each share of the common stock of the Surviving Bank issued and outstanding immediately prior to the Effective Time shall remain outstanding, shall be unaffected by the consummation of the Merger and shall continue to be held by Ameris.

Appears in 7 contracts

Samples: Agreement and Plan of Merger, Agreement and Plan of Merger (Fidelity Southern Corp), Agreement and Plan of Merger (Ameris Bancorp)

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Stock of the Surviving Bank. At the Effective Time, each share of ---------------------------- the common stock of the Surviving Bank issued and outstanding immediately prior to the Effective Time shall remain outstanding, shall be unaffected by the consummation of the Merger and shall continue to be held by Ameris.

Appears in 1 contract

Samples: Plan of Merger and Merger Agreement (Islands Bancorp)

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