Examples of Bank Stock in a sentence
There are no restrictions applicable to the payment of dividends on the shares of Bank Stock except pursuant to applicable Laws, and all dividends declared before the date of this Agreement have been paid.
All of the issued and outstanding shares of Bank Stock have been duly authorized, validly issued and are fully paid and nonassessable, and have not been issued in violation of the preemptive rights of any person.
Federal Home Loan Bank Stock - The fair value of Federal Home Loan Bank stock approximates carrying value.
At the Effective Time, each share of Bank Stock shall automatically be exchanged for the Exchange Consideration, and each holder of a certificate representing shares of Bank Stock shall cease to have any rights with respect thereto, except the right to receive the Exchange Consideration or, with respect to the holders of Dissenting Shares, rights provided in Article 13 of the NCBCA.
Upon any issuance of any shares of First Bank Common Stock in accordance with the terms of the First Bank Stock Plans, such shares will be duly and validly issued and fully paid and nonassessable.