Examples of FBFC Stock in a sentence
This Agreement shall have been duly approved by the requisite vote of the holders of outstanding shares of FBFC Stock and this Agreement shall have been approved by the requisite vote of the holders of outstanding shares of NHTB Stock.
The authorized capital stock of FBFC consists solely of 500,000 shares of FBFC Stock, of which 499,860 shares are outstanding as of the date hereof.
Each of NHTB and FBFC agrees to use all reasonable efforts, after consultation with the other party hereto, to respond promptly to all such comments of and requests by the SEC and to cause the Joint Proxy Statement/Prospectus and all required amendments and supplements thereto to be mailed to the holders of NHTB Stock entitled to vote at the NHTB Meeting and to the holders of FBFC Stock entitled to vote at the FBFC Meeting, at the earliest practicable time.
As of the date hereof, there are 140 shares of FBFC Stock held in treasury by FBFC.
Neither the Exchange Agent nor any of the parties hereto shall be liable to any holder of FBFC Stock represented by any Certificate for any consideration paid to a public official pursuant to applicable abandoned property, escheat or similar laws.
The FBFC Board has directed that this Agreement be submitted to FBFC’s shareholders for approval at a meeting of such shareholders and, except for the approval and adoption of this Agreement by the affirmative vote of the holders of a majority of the outstanding shares of FBFC Stock, no other vote of the shareholders of FBFC is required by law, the Articles of Incorporation of FBFC, the Bylaws of FBFC or otherwise to approve this Agreement and the transactions contemplated hereby.
After the Effective Time, there shall be no transfers on the stock transfer books of FBFC of shares of FBFC Stock.
The outstanding shares of FBFC Stock have been duly authorized and validly issued and are fully paid and non-assessable.
On the Effective Date, NHTB will have all funds necessary to consummate the Merger and pay the aggregate Merger Consideration to holders of FBFC Stock pursuant to Article III hereof.
Each outstanding share of FBFC Stock the holder of which has perfected his or her right to dissent from the Merger under Chapter 13 of the VBCA and has not effectively withdrawn or lost such rights as of the Effective Time (the “Dissenting Shares”) shall not be converted into the right to receive the Merger Consideration, and the holder thereof shall be entitled only to such rights as are granted by such provisions of the VBCA.