Holding Company Common Stock. On the Effective Date, any shares of Holding Company Common Stock held by the Bank immediately prior to the Effective Date shall be canceled and shall no longer be deemed outstanding for any purpose.
Holding Company Common Stock. Each share of Holding Company Common Stock issued and outstanding immediately prior to the effective time of the Xxxxxxx Merger shall be contributed to Holding Company, without payment of any consideration therefor, and thereupon retired.
Holding Company Common Stock. At the Effective Time of the OccuSystems Merger, each share of Holding Company Common Stock issued and outstanding immediately prior thereto shall, by virtue of the OccuSystems Merger and without any action by the Constituent Corporations, the holder of such share or any other person, be canceled without payment of any consideration therefor and cease to exist and be outstanding.
Holding Company Common Stock. At the Effective Time of the CRA Merger, each share of Holding Company Common Stock issued and outstanding immediately prior thereto shall, by virtue of the CRA Merger and without any action by the Constituent Corporations, the holder of such share or any other person, be canceled without payment of any consideration therefor and cease to exist and be outstanding.
Holding Company Common Stock. At the Effective Time, each share of capital stock of Holding Company issued and outstanding immediately prior to the Effective Time and owned by aaiPharma shall be contributed to Holding Company, without payment of any consideration therefor, and thereupon retired.
Holding Company Common Stock. Immediately after the Effective Date of the Reorganization (as defined below), the Holding Company shall repurchase all of the shares of the Holding Company's common stock that are issued and outstanding as of the date of this Plan of Reorganization (the "Organizational Shares") in consideration for the payment to the holder(s) thereof of an amount equal to the aggregate capital contribution theretofore made by such holder(s) to the Holding Company with respect to such shares.
Holding Company Common Stock. The shares of Holding Company common stock, no par value, to be issued pursuant to this Plan of Reorganization will, upon the issuance thereof in accordance with the terms set forth in this Plan of Reorganization, be validly issued, fully paid and nonassessable.
Holding Company Common Stock. On the Effective Date, the Holding Company shall, without any further action on its part or on the part of the holders of Bank Common Stock, automatically and by operation of law, acquire and become the owner for all purposes of all of the then issued and outstanding shares of Bank Common Stock (other than shares held by stockholders exercising the rights of dissenting stockholders pursuant to Title 3, Subtitle 2 of the Corporations Article, if any). Thereafter, the Holding Company shall have full and exclusive power to vote such shares of Bank Common Stock, to receive dividends thereon, and to exercise all rights of an owner thereof.
Holding Company Common Stock. The common stock authorized to be issued from time to time by the Stock Holding Company.
Holding Company Common Stock. The Holding Company Common Stock shall be fully paid and nonassessable. The total number of shares of Holding Company Common Stock authorized under the Stock Holding Company's Charter will exceed the number of shares of Holding Company Conversion Stock to be issued to the Stock Holding Company stockholders in the Conversion. HOLDING COMPANY COMMON STOCK WILL NOT BE COVERED BY DEPOSIT INSURANCE.
