BancTrust Common Stock definition

BancTrust Common Stock means the $.01 par value common stock of BancTrust.
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Examples of BancTrust Common Stock in a sentence

  • Shares of BancTrust Common Stock are not subject to preemptive rights.

  • BancTrust shall not be required to maintain the effectiveness of the Registration Statement under the 1933 Act for the purposes of resale of BancTrust Common Stock by such affiliates.

  • Whenever a dividend or other distribution is declared by the Surviving Corporation on the BancTrust Common Stock, the record date for which is at or after the Effective Time, the declaration shall include dividends or other distributions on all shares issuable pursuant to this Agreement.

  • The shares of BancTrust Common Stock to be issued in the Merger are duly authorized and, when so issued, will be validly issued and outstanding, fully paid and nonassessable.

  • The execution, delivery and performance of this Agreement and the consummation of the transactions contemplated herein, including the Merger, have been duly and validly authorized by all necessary corporate action in respect thereof on the part of BancTrust, subject to the approval of this Agreement by the holders of BancTrust Common Stock in accordance with the ABCA.

  • As soon as practicable after execution of this Agreement, BancTrust shall file the Registration Statement with the SEC, and shall use its reasonable efforts to cause the Registration Statement to become effective under the 1933 Act and take any action required to be taken under the applicable state Blue Sky or Securities Laws in connection with the issuance of the shares of BancTrust Common Stock upon consummation of the Merger.

  • None of the shares of BancTrust Common Stock has been issued in violation of the preemptive rights of any person.

  • All outstanding shares of BancTrust Common Stock have been duly issued and are validly outstanding, fully paid and nonassessable.

  • The shares of BancTrust Common Stock that are issued and outstanding were not issued in violation of any statutory preemptive rights of shareholders, were duly issued and are fully paid and nonassessable under the Alabama Business Corporation Act.

  • In consideration of the substantial expenses that BancTrust will incur in connection with the transactions contemplated by the Agreement and in order to induce BancTrust to execute the Agreement and to proceed to incur such expenses, the undersigned agrees, assuming the Merger is consummated, to accept as consideration for the NQO Shares, and no other stock, cash as provided in Section 3.1(c) of the Agreement, instead of a combination of cash and BancTrust Common Stock.

Related to BancTrust Common Stock

  • Old Common Stock means the Company's common stock, par value $.01 per share, outstanding as of the date of the Company's filing of the petition commencing the Chapter 11 Case.

  • Purchaser Common Stock means the common stock, par value $0.01 per share, of Purchaser.

  • Acquiror Common Stock means the common stock, $0.001 par value per share, of Acquiror.

  • New Common Stock means shares of Common Stock and/or securities convertible into, and/or other rights exercisable for, Common Stock, which are offered or sold in a New Transaction.

  • Class A Common Stock means the Class A Common Stock, par value $.01 per share, of the Company.

  • Series A Common Stock means the Series A Common Stock, par value $0.01 per share, of the Company.

  • Merger Sub Common Stock means the common stock, par value $0.01 per share, of Merger Sub.

  • Buyer Common Stock means the common stock, par value $0.01 per share, of Buyer.

  • Pubco Common Stock means all classes and series of common stock of Pubco, including the Class A Common Stock and Class B Common Stock.

  • Newco Common Stock means the common stock, par value $.01 per share, of Newco.

  • Class B Common Stock means the Class B common stock, par value $0.0001 per share, of the Company.

  • Underlying Common Stock means the Common Stock into which the Notes are convertible or issued upon any such conversion.

  • Target Common Stock means the common stock, $.0001 par value per share, of Target.

  • Class A Common Shares means class A common shares of a nominal or par value of US$0.00001 each in the capital of the Company having the rights provided for in the Memorandum and Articles of Association, and any shares into which such class A common shares may be converted.

  • Series B Common Stock means the Series B Common Stock, par value $0.01 per share, of the Company.

  • Common Stock means the common stock of the Company, par value $0.001 per share, and any other class of securities into which such securities may hereafter be reclassified or changed.

  • Surviving Corporation Common Stock has the meaning set forth in Section 1.7(a).

  • Amalco Common Shares means the common shares in the capital of Amalco;

  • Class V Common Stock means the Class V common stock, par value $0.0001 per share, of the Corporation.

  • Company Common Stock means the common stock, par value $0.01 per share, of the Company.

  • Class C Common Stock means the Class C Common Stock, par value $0.01 per share, of the Company.

  • Seller Common Stock means the common stock, par value $0.01 per share, of Seller.

  • Holdings Common Stock means the common stock of Holdings, par value $.01 per share.

  • SpinCo Common Stock means the common stock, par value $0.01 per share, of SpinCo.

  • Common Stockholders means holders of shares of Common Stock.

  • Parent Common Stock means the common stock, par value $0.01 per share, of Parent.