Common use of TSFG Common Stock Clause in Contracts

TSFG Common Stock. Except for shares of TSFG Common Stock owned by PFC (other than Trust Account Shares and DPC Shares), which shall be cancelled as contemplated by Section 2.4 hereof, the shares of TSFG Common Stock issued and outstanding immediately prior to the Effective Time shall be unaffected by the Merger and such shares shall remain issued and outstanding.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Pointe Financial Corp), Agreement and Plan of Merger (South Financial Group Inc)

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TSFG Common Stock. Except for shares of TSFG Common Stock owned by PFC FLBK (other than Trust Account Shares and DPC Shares), which shall be cancelled as contemplated by Section 2.4 hereof, the shares of TSFG Common Stock issued and outstanding immediately prior to the Effective Time shall be unaffected by the Merger and such shares shall remain issued and outstanding.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Florida Banks Inc), Agreement and Plan of Merger (South Financial Group Inc)

TSFG Common Stock. Except for shares of TSFG Common Stock owned by PFC CNBFB (other than Trust Account Shares and DPC Shares), which shall be cancelled as contemplated by Section 2.4 hereof, the shares of TSFG Common Stock issued and outstanding immediately prior to the Effective Time shall be unaffected by the Merger and such shares shall remain issued and outstanding.

Appears in 1 contract

Samples: Agreement and Plan of Merger (South Financial Group Inc)

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TSFG Common Stock. Except for shares of TSFG Common Stock owned by PFC MBFC (other than Trust Account Shares and DPC Shares), which shall be cancelled as contemplated by Section 2.4 hereof, the shares of TSFG Common Stock issued and outstanding immediately prior to the Effective Time shall be unaffected by the Merger and such shares shall remain issued and outstanding.

Appears in 1 contract

Samples: Agreement and Plan of Merger (South Financial Group Inc)

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