Examples of First National Common Stock in a sentence
At the Effective Time, the stock transfer books of First National shall be closed as to holders of First National Common Stock immediately prior to the Effective Time and no transfer of First National Common Stock by any such holder shall thereafter be made or recognized.
As soon as practicable, after the Registration Statement becomes effective, First National shall mail the Information Statement to the holders of First National Common Stock.
First National has reserved 300,000 shares of First National Common Stock for issuance under the First National Stock Plans, pursuant to which options to purchase not more than 240,000 shares of First National Common Stock are outstanding.
FBI shall have delivered to the Exchange Agent the consideration to be paid to holders of the First National Common Stock pursuant to Sections 3.1 and 3.3 of this Agreement.
Assuming an IPO Price of $11.00 per share (which represents the mid-point of the estimated range), each share of First National Common Stock outstanding immediately before the Merger is effected will be convertible into approximately 0.605 shares of Florida Banks Common Stock ($6.6586 divided by $11.00).
Any other provision of this Agreement notwithstanding, neither FBI nor the Exchange Agent shall be liable to a holder of First National Common Stock for any amounts paid or property delivered in good faith to a public official pursuant to any applicable abandoned property Law.
Prior to the Distribution, the Parties shall have prepared and mailed to the holders of First National Common Stock such information concerning Pavana, its business, operations and management, the Distribution and such other matters as First National shall reasonably determine and as may be required by law.
All of the issued and outstanding shares of FBI Capital Stock are authorized and validly issued, and all of the FBI Common Stock to be issued in exchange for First National Common Stock upon consummation of the Merger, will be authorized and reserved for issuance prior to the Effective Time and, when issued in accordance with the terms of this Agreement, will be, duly and validly issued and outstanding and fully paid and nonassessable under the FBCA.
Until such outstanding certificates formerly representing First National Common Stock are surrendered, no dividend payable to holders of record of Premier Common Stock for any period as of any date subsequent to the Effective Time of the Merger shall be paid to the holder of such outstanding certificates in respect thereof.
First National shall give FBI prompt notice upon receipt by First National of any written objection to the Merger and such written demands for payment of the fair value of shares of First National Common Stock, and the withdrawals of such demands, and any other instruments provided to First National pursuant to the Dissent Provisions (any shareholder duly making such demand being hereinafter called a "Dissenting Shareholder").