PBI Common Stock definition

PBI Common Stock means the common shares, par value $.001, of PBI.
PBI Common Stock is defined in the preamble of this Agreement.
PBI Common Stock has the meaning given to the term in Section 3.2(a) of this Agreement. PBI Common Stockholder is any holder of record of PBI Common Stock immediately prior to the Closing Date.

Examples of PBI Common Stock in a sentence

  • At the Effective Time, the stock transfer books of PBI shall be closed as to holders of PBI Common Stock outstanding immediately prior to the Effective Time, and no transfer of PBI Common Stock by any PBI Record Holder shall thereafter be made or recognized.

  • For each outstanding Stock Option, the name of the holder thereof, the grant date, the number of shares of PBI Common Stock subject thereto, the exercise price per share and the vesting schedule thereof are as presented in Schedule 3.1(b).

  • As soon as practical after the Effective Time, the outstanding balance of the ESOP loan, plus accrued interest, shall be repaid in full by the ESOP Trustees with cash attributable to the Merger Consideration received in exchange for the shares of PBI Common Stock then held in the ESOP's loan suspense account.

  • As soon as practicable, after surrender to the Exchange Agent of the certificates of PBI Common Stock in accordance with the instructions of the letter of transmittal, the Exchange Agent shall distribute to the former holders of shares of PBI Common Stock a check for the Merger Consideration that each such holder is entitled to receive pursuant to this Agreement.

  • However, upon surrender of such PBI Common Stock certificate, both the NCBC Common Stock certificate and any undelivered dividends and cash payments payable hereunder (without interest) shall be delivered and paid with respect to each share represented by such certificate.

  • If any holder of Dissenting Shares shall have so failed to perfect or effectively withdrawn or lost such holder's right to dissent from the Merger, each of such holder's shares of PBI Common Stock shall thereupon no longer be deemed Dissenting Shares and to have become, as of the Effective Time, the right to receive the Merger Consideration pursuant to Section 2.2.

  • Except as set forth in Section 3.1(b), (c) or (d), there are no outstanding options, warrants, agreements, arrangements, commitments or any similar rights in existence for the purchase of or issuance of, or which encumber in any way, PBI Preferred Stock, PBI Common Stock or any equity interest in any Subsidiary of PBI.

  • Any shares of PBI Common Stock held in the trust established for the purposes of the MRP, but not subject to an outstanding award thereunder at the Effective Time, shall be cancelled without any consideration and no payment or distribution shall be made with respect thereto.

  • In the event of any change in the PBI Common Stock by reason of stock dividends, split-ups, mergers, reorganizations, recapitalizations, combinations, exchanges of shares or the like, the number and kind of shares or securities subject to the Option and the purchase price per share of Common Stock will be appropriately adjusted.

  • At any time from and after the date of this Agreement until the Option is no longer exercisable, PBI will give NCBC at least 10 days prior written notice before setting the record date for determining the holders of record of the PBI Common Stock entitled to vote on any transaction described in Section 2 above.


More Definitions of PBI Common Stock

PBI Common Stock means the common stock of Piedmont Bancorp, Inc., no par value per share.

Related to PBI Common Stock

  • Newco Common Stock means the common stock, par value $.01 per share, of Newco.

  • New Common Stock means shares of Common Stock and/or securities convertible into, and/or other rights exercisable for, Common Stock, which are offered or sold in a New Transaction.

  • Old Common Stock means the Company's common stock, par value $.01 per share, outstanding as of the date of the Company's filing of the petition commencing the Chapter 11 Case.

  • Pubco Common Stock means all classes and series of common stock of Pubco, including the Class A Common Stock and Class B Common Stock.

  • Common Stock means the common stock of the Company, par value $0.001 per share, and any other class of securities into which such securities may hereafter be reclassified or changed.

  • Holdings Common Stock means the common stock, par value $0.01 per share, of Holdings.

  • Class A Common Stock means the Class A Common Stock, par value $0.01 per share, of the Company.

  • Target Common Stock means the common stock, $.0001 par value per share, of Target.

  • Company Common Stock means the common stock, par value $0.01 per share, of the Company.

  • Parent Common Stock means the common stock, par value $0.01 per share, of Parent.

  • SpinCo Common Stock means the common stock, par value $0.01 per share, of SpinCo.

  • Series A Common Stock means the Series A Common Stock, par value $0.01 per share, of the Company.

  • Existing Common Stock means shares of common stock of Delphi that are authorized, issued, and outstanding prior to the Effective Date.

  • Class B Common Stock means the Class B Common Stock, par value $0.01 per share, of the Company.

  • Series B Common Stock means the Series B Common Stock, par value $0.01 per share, of the Company.

  • Voting Common Stock means the voting common stock, par value $0.01 per share, of the Company.

  • Merger Sub Common Stock means the common stock, par value $0.01 per share, of Merger Sub.

  • Amalco Common Shares means the common shares in the capital of Amalco;

  • Seller Common Stock means the common stock, par value $0.01 per share, of Seller.

  • Company Stock means, collectively, the Company Common Stock and the Company Preferred Stock.

  • Common Shares means the common shares in the capital of the Corporation;

  • Common Stock Equivalents means any securities of the Company or the Subsidiaries which would entitle the holder thereof to acquire at any time Common Stock, including, without limitation, any debt, preferred stock, right, option, warrant or other instrument that is at any time convertible into or exercisable or exchangeable for, or otherwise entitles the holder thereof to receive, Common Stock.

  • Common Stock Price means, as of a particular date, the average of the Fair Market Value of one share of Common Stock over the fifteen (15) consecutive trading days ending on, and including, such date (or, if such date is not a trading day, the most recent trading day immediately preceding such date); provided, however, that if such date is the date upon which a Transactional Change of Control occurs, the Common Stock Price as of such date shall be equal to the fair value, as determined by the Committee, of the total consideration paid or payable in the transaction resulting in the Transactional Change of Control for one share of Common Stock.

  • Class C Common Stock means the Class C Common Stock, par value $0.01 per share, of the Company.

  • Common Stock Equivalent means any Convertible Security or warrant, option or other right to subscribe for or purchase any Additional Shares of Common Stock or any Convertible Security.

  • Fully-Diluted Common Stock means, at any time, the then outstanding Common Stock plus (without duplication) all shares of Common Stock issuable, whether at such time or upon the passage of time or the occurrence of future events, upon the exercise, conversion, or exchange of all then outstanding Common Stock Equivalents.