PSB Common Stock definition

PSB Common Stock has the meaning given to that term in Section 3.02(a) of this Agreement.
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PSB Common Stock means the common stock of PSB described in Section 3.02(a).
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PSB Common Stock means the PSB Class B Common Stock and the PSB Voting Common Stock, collectively.
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Examples of PSB Common Stock in a sentence

  • Subject to the terms and conditions of this Agreement, on the Effective Date, the Bank shall merge with and into FBKP in accordance with the provisions of the Banking Code and the BCL and the outstanding shares of FBKP Common Stock shall be converted into shares of PSB Common Stock as provided in Section 1.02(e).

  • To the extent that amounts are so withheld, such withheld amounts shall be treated for all purposes of this Agreement as having been paid to the former holder of the shares of PSB Common Stock in respect of which such deduction and withholding was made.

  • Each of the Exchange Agent and Summit shall be entitled to deduct and withhold from the consideration otherwise payable pursuant to this Agreement to any former holder of shares of PSB Common Stock such amounts as it is required to deduct and withhold with respect to the making of such payment under the Code and the rules and regulations promulgated thereunder, or any provision of state, local or foreign tax law.

  • As promptly as practicable after the Effective Date, PSB shall send or cause to be sent to each shareholder of record of JADE Common Stock transmittal materials for use in exchanging certificates representing JADE Common Stock for cash equal to $13.55 per share of JADE Common Stock canceled in the Merger or PSB Common Stock, as the case may be.

  • The stockholders of PSB will recognize no gain or loss upon the exchange of their PSB Common Stock solely for shares of South Alabama Common Stock.

  • The fair market value of the South Alabama Common Stock and other consideration received by the stockholders of PSB will be, in each instance, approximately equal to the fair market value of the PSB Common Stock surrendered in exchange therefor.

  • Shares of PSB Common Stock owned by FBKP (other than shares held in trust, managed, custodial or nominee accounts and the like, that in any such case are beneficially owned by third parties (any such shares, "trust account shares") and shares acquired in respect of debts previously contracted (any such shares, "DPC shares")) shall become treasury stock of PSB on the Effective Date.

  • As promptly as practicable after the Effective Date, PSB shall send or cause to be sent to each shareholder of record of FBKP Common Stock transmittal materials for use in exchanging certificates representing FBKP Common Stock for certificates representing PSB Common Stock into which the former have been converted in the Merger.

  • The holding period of the South Alabama Common Stock received by the PSB stockholders will, in each instance, include the period during which the PSB Common Stock surrendered in exchange therefor was held, provided that the PSB Common Stock was held as a capital asset on the date of the exchange.

  • PSB has no Rights authorized, issued or outstanding, other than options to acquire 92,242 shares of PSB Common Stock under PSB's stock option plan.


More Definitions of PSB Common Stock

PSB Common Stock means the $100 par value common stock of PSB.
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PSB Common Stock has the meaning set forth in the recitals.
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Related to PSB Common Stock

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

  • Class B Common Stock means the Class B 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.

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

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

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

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

  • 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.

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

  • Class B Common Shares means (x) the Company’s Class B Common shares, $0.002 par value per share, the terms of which may be designated by the board of directors of the Company in a certificate of designations and (y) any share capital into which such preferred shares shall have been changed or any share capital resulting from a reclassification of such preferred shares (other than a conversion of such preferred shares into Common Shares in accordance with the terms of such certificate of designations).

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

  • 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.

  • Fully-Diluted Common Stock means the aggregate of all outstanding Common Stock as of the date hereof, plus all shares of Common Stock issuable upon the exercise or conversion of securities exercisable for, or convertible into, shares of Common Stock of the Company which securities are outstanding or issuable as of the date hereof.

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

  • Existing Common Stock means shares of common stock of Delphi that are authorized, issued, and outstanding prior to the Effective Date.

  • Common Stock means the common stock of the Company.

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

  • Parent Class B Common Stock means the Class B Common Stock, par value $0.01 per share, of Parent.

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

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

  • Parent Class A Common Stock means the Class A Common Stock, par value $0.01 per share, of Parent.

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

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

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

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

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