Examples of Interim Common Stock in a sentence
Each outstanding share of common stock of Interim, $.01 par value per share ("Interim Common Stock"), on the Effective Time shall be converted automatically and without any action on the part of the holder thereof into an equal number of shares of the Surviving Corporation, which shall constitute all of the outstanding common stock of the Surviving Corporation.
The approval of the Holding Company, as the sole holder of the Interim Common Stock, shall be required to approve the Plan of Conversion, of which this Plan of Merger is a part, on behalf of Interim.
Each share of Interim Common Stock which is issued and outstanding immediately prior to the Effective Time shall be converted automatically and without any action on the part of the holder thereof into an equal number of issued and outstanding shares of common stock of the Surviving Corporation.
Each share of Interim Common Stock which is issued and outstanding immediately prior to the Effective Time shall be converted automatically and without any action on the part of the holder thereof into an issued and outstanding share of Common Stock of the Surviving Corporation.
Norrxxx xxx Interim each shall use all reasonable efforts to cause the Registration Statement to become effective as promptly as practicable, and, prior to the effective date of the Registration Statement, Interim shall take all or any action required under any applicable federal or state securities laws in connection with the issuance of shares of Interim Common Stock pursuant to the Merger.
Notwithstanding any other provision of this Agreement, each holder of shares of Norrxxx Xxxmon Stock exchanged pursuant to the Merger who would otherwise have been entitled to receive a fraction of a share of Interim Common Stock (after taking into account all certificates delivered by such holder) shall receive, in lieu thereof, cash (without interest) in an amount equal to such fractional part of a share of Interim Common Stock multiplied by the Base Period Trading Price.
Interim, as the sole shareholder Sub, has (i) approved the Merger and (ii) resolved to recommend that the holders of Interim Common Stock approve this Agreement and the transactions contemplated hereby.
As of March 19, 1999, the authorized capital stock of Interim consists of (i) 100,000,000 shares of Interim Common Stock, of which 47,427,492 shares are issued, 47,268,292 shares are outstanding and 159,200 shares are held as treasury shares, and (ii) 2,500,000 shares of preferred stock, par value $0.01 per share, none of which are issued and outstanding.
The approval of the Holding Company, as the sole holder of the Interim Common Stock, shall be required to approve the Plan of Conversion, of which this Plan of Merger is a part, on behalf of Interim III.
Interim shall use its reasonable efforts to list, prior to the Effective Time, on the NYSE, subject to official notice of issuance, the shares of Interim Common Stock to be issued to the holders of Norrxxx Xxxmon Stock pursuant to the Merger, and Interim shall give all notices and make all filings with the NYSE required in connection with the transactions contemplated herein.