Examples of United Preferred Stock in a sentence
No series of New United Preferred Stock will have been designated as of immediately prior to the Closing.
All of the outstanding shares of United Class A Stock, United Class B Stock and United Preferred Stock are duly authorized, validly issued, fully paid and nonassessable and are free and clear of any Lien or Restriction, except for Liens and Restrictions created by the holders thereof and restrictions on transfer arising under federal or state securities laws.
The Board of Directors of United has duly authorized the creation of a new series of United Preferred Stock, consisting of 1,500 authorized shares of United Preferred Stock designated the Series E Preferred Stock ("United Series E Preferred Stock").
As of June 30, 1998, there were 9,375,345 shares of United Common Stock issued and outstanding, including 94,303 treasury shares and 2,700 shares of restricted stock granted under the United National Bancorp Long Term Stock Based Incentive Plan (the "United Option Plan"), and there were no shares of United Preferred Stock outstanding.
As of the date of this Agreement, there were 44,437,306 shares of Hxxxxx United Common Stock issued and outstanding, no shares of Hxxxxx United Preferred Stock outstanding and 7,810,560 shares of Hxxxxx United Common Stock held in Hxxxxx United’s treasury.
The authorized capital stock of United consists of 16,000,000 shares of United Common Stock and 1,000,000 shares of preferred stock ("United Preferred Stock").
The number of shares of Brands Common Stock that each United stockholder will be entitled to receive will be determined by multiplying the number of shares of United Common Stock and United Preferred Stock held by such stockholder by the Exchange Ratio.
As of the date hereof, there were 34,489,547 shares of 1st United Common Stock issued and outstanding, and no shares of 1st United Common Stock issued and held in the treasury and no shares of 1st United Preferred Stock issued and outstanding and no shares of 1st United Preferred Stock issued and held in treasury.
On and after the Effective Time, the certificates that immediately prior to the Effective Time represented shares of United Common Stock and United Preferred Stock (the "CERTIFICATES"), shall cease to represent any rights with respect to United Common Stock and United Preferred Stock and shall only represent the right to receive the Merger Consideration.
From and after the Effective Time, holders of Certificates theretofore evidencing shares of United Common Stock or United Preferred Stock shall cease to have any rights as stockholders of United, except as provided herein or by Law.