Common use of Dissenters Clause in Contracts

Dissenters. The number of shares as to which shareholders of Acquired Corporation have exercised dissenters rights of appraisal under section 2.6 does not exceed 10% of the outstanding shares of common stock of Acquired Corporation.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Southern Security Financial Corp), Southern Security Financial Corp

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Dissenters. The number of shares as to which shareholders of Acquired Corporation have exercised dissenters rights of appraisal under section 2.6 3.6 does not exceed 10% of the outstanding shares of common stock of Acquired Corporation.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Sarasota Bancorporation Inc / Fl)

Dissenters. The number of shares as to which shareholders of Acquired Corporation Seller have exercised dissenters rights of appraisal under section 2.6 Section 1.9 does not exceed 10% of the outstanding shares of common stock of Acquired CorporationSeller.

Appears in 1 contract

Samples: Stock Purchase Agreement (Colonial Bancgroup Inc)

Dissenters. The number of shares as to which shareholders of Acquired Corporation have exercised dissenters rights of appraisal under section 2.6 Section 3.6 does not exceed 10% of the outstanding shares of common stock of Acquired Corporation.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Superior Bancorp)

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Dissenters. The number of shares as to which shareholders of ---------- Acquired Corporation have exercised dissenters rights of appraisal under section 2.6 3.7 does not exceed 10% of the outstanding shares of common stock of Acquired Corporation.

Appears in 1 contract

Samples: Agreement and Plan of Merger (FFLC Bancorp Inc)

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