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: Merger Agreement (Pointe Financial Corp), Merger Agreement (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: Merger Agreement (Florida Banks Inc), Merger Agreement (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: Merger Agreement (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: Merger Agreement (South Financial Group Inc)

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