First Star definition
Examples of First Star in a sentence
First Star may commence the Subscription Offering and, provided that the Subscription Offering has commenced, may commence the Community Offering concurrently with or during the proxy solicitation of Voting Depositors and may close the Offerings before the Special Meeting, provided that the offer and sale of the Conversion Stock shall I be conditioned upon approval of the Plan by the Voting Depositors at the Special Meeting.
First Star agrees to maintain the effectiveness of the registration of the First Star Common Stock under the Securities Exchange Act of 1934, as amended, for a period of one year following the Effective Time or such later date as may be required by the regulations of the FDIC or the Department.
First Star shall offer ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ an employment agreement in the form attached hereto as Exhibit "C".
The principal office of First Star and the Bank shall continue to be ▇▇▇ ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇▇▇.
All shares of First Star Common Stock and Series A Preferred Stock issued and outstanding are validly issued, fully paid and nonassessable and free of preemptive rights.
First Star, in consultation with NSB, will divide the total dollar amount of each subscriber's order by the purchase price per share to determine the total number of shares to be issued to each subscriber, with a cash refund for any difference in lieu of the issuance of fractional or additional shares.
The information to be supplied by First Star for inclusion in the Registration Statement, at the time the Registration Statement is declared effective, will not contain any untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements made therein not misleading.
No representation, warranty or covenant shall be interpreted or construed to confer rights upon any third party except the covenant of First Star contained in Section 5.13 hereof regarding indemnification.
If sufficient shares are not available to satisfy all orders in the Community Offering, the shares available will be allocated by First Star in its discretion.
All Taxes, interest, additions and penalties due with respect to completed and settled examinations or concluded litigation relating to it have been, or will be prior to mailing date of the Proxy Statement and the Prospectus, paid in full or adequate provision has been, or will be, made for any such Taxes in the First Star annual financial statements (in accordance with GAAP) and in the quarterly Call Reports.