Republic Common Stock definition
Examples of Republic Common Stock in a sentence
Promptly after the Closing, Republic shall deliver to the Shareholders that number of shares of Republic Common Stock that the Shareholders are entitled to receive based upon the foregoing calculation.
Fractional shares of Republic Common Stock will not be issued, instead shares of Republic Common Stock will be issued determined to the nearest whole share of Republic Common Stock.
The authorized capital stock of Republic consists of 350,000,000 shares of Republic Common Stock and 5,000,000 shares of preferred stock.
The affirmative vote of a majority of the issued and outstanding shares of Republic Common Stock entitled to vote shall be required for such approval of this Agreement and for such approval of the Republic Charter Amendment.
All such shares of Tower Common Stock, when so converted, shall no longer be outstanding and shall automatically be canceled and retired and shall cease to exist, and each holder of a certificate representing any such shares shall cease to have any rights with respect thereto, except the right to receive the shares of Republic Common Stock to be issued in consideration therefor upon the surrender of such certificate in accordance with Section 2.24 hereof.
All such shares of Corporate Planners Common Stock, when so converted, shall no longer be outstanding and shall automatically be canceled and retired and shall cease to exist, and each holder of a certificate representing any such shares shall cease to have any rights with respect thereto, except the right to receive the shares of Republic Common Stock to be issued in consideration therefor upon the surrender of such certificate in accordance with Section 2.24 hereof.
At the Closing, Republic shall deliver a copy of the countersigned, irrevocable instructions which were delivered to its transfer agent regarding the issuance of such Republic Common Stock.
Following six months after the Effective Time, the Exchange Agent shall return to Republic any certificates for Republic Common Stock and cash remaining in the possession of the Exchange Agent (together with any dividends in respect thereof) and thereafter shareholders of D&N shall look exclusively to Republic for shares of Republic Common Stock and cash to which they are entitled hereunder.
Until delivered as contemplated by this Section 2.24(b), each Certificate shall be deemed at any time after the Effective Time to represent the right to receive upon such surrender the number of shares of Republic Common Stock as provided by this Article II and the provisions of the Florida Statute and, in the case of Fleet and Alamo (Puerto Rico), the applicable laws of the State of New York and the State of Delaware, respectively.
After the Effective Time, there shall be no further registration of transfers on the records of D&N of outstanding certificates formerly representing shares of D&N Common Stock and, if a certificate formerly representing such shares is presented to Republic or D&N, it shall be forwarded to the Exchange Agent for cancellation and exchanged for a certificate representing shares of Republic Common Stock and cash for any fractional share interest (if any), as herein provided.