Acquisition Subsidiary. The authorized capital stock of Acquisition Subsidiary consists only of 1,000,000 shares of common stock, par value $1.00 per share, of which 1,000 shares are issued and outstanding. All of the issued and outstanding shares of common stock of Acquisition Subsidiary are owned beneficially and of record, free and clear of all Liens, by Gold Banc. All outstanding shares of common stock of Acquisition Subsidiary are validly issued, fully paid and nonassessable.
Appears in 4 contracts
Samples: Agreement and Plan of Reorganization (American Bancshares Inc \Fl\), Agreement and Plan of Reorganization (Union Bankshares LTD), Agreement and Plan of Reorganization (Gold Banc Corp Inc)
Acquisition Subsidiary. The authorized capital stock of Acquisition Subsidiary consists only of 1,000,000 shares of common stock, par value $1.00 per share, of which 1,000 shares are issued and outstanding. All of the issued and outstanding shares of common stock of Acquisition Subsidiary are owned beneficially and of record, free and clear of all Liens, by Gold Banc. All outstanding shares of common stock of Acquisition Subsidiary are validly issued, fully paid and nonassessable.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Gold Banc Corp Inc)
