Examples of Seller Bank Common Stock in a sentence
The authorized capital stock of Seller Bank consists of (i) 10,000,000 shares of Seller Bank Common Stock, $4.00 par value per share.
All of the outstanding shares of the Seller Bank Common Stock are validly issued, fully paid and nonassessable.
The authorized capital stock of Seller Bank consists of (i) 10,000,000 shares of common stock, par value $1.00 per share ("Seller Bank Common Stock"), of which 5,000,000 shares are issued and outstanding and (ii) 1,000,000 shares of preferred stock, par value $100.00 per share("Seller Bank Preferred Stock"), issuable in series, of which 200,000 shares are issued and outstanding.
All of the issued and outstanding shares of Seller Bank Common Stock have been duly authorized and validly issued and are fully paid, nonassessable and have been issued in compliance with or free of preemptive rights, with no personal liability attaching to the ownership thereof.
Seller is the sole record and beneficial owner of all the issued and outstanding Seller Bank Common Stock.
All of the issued and outstanding shares of Seller Bank Common Stock and Seller Bank Preferred Stock are validly issued, fully paid and nonassessable, and have not been issued in violation of any preemptive right.
Except for Seller Bank Common Stock, Seller does not own of record or beneficially, or have any interest in or right to acquire, any shares of Seller Bank Capital Stock.
As of the date of this Agreement, 1,000 shares of the Seller Bank Common Stock were outstanding, no shares of the Seller Bank Preferred Stock were outstanding, no shares of Seller Bank Common Stock or Seller Bank Preferred Stock were reserved for issuance and all outstanding shares of the Seller Bank Common Stock were, and as of the Effective Time will be, owned by Seller.
All of the issued and outstanding shares of Seller Bank Common Stock and Seller Bank Preferred Stock are owned by Bancshares and have been duly and validly authorized and issued, and are fully paid and non-assessable.
All of the outstanding shares of the Seller Bank Common Stock are validly issued, fully paid and nonassessable and not subject to any preemptive rights and there are no agreements or understandings with respect to the voting or disposition of any such shares.