SouthCrest Common Stock definition

SouthCrest Common Stock means the no par value common stock of SouthCrest.

Examples of SouthCrest Common Stock in a sentence

  • None of the outstanding shares of SouthCrest Common Stock has been, and none of the shares of SouthCrest Common Stock to be issued in exchange for shares of Maplesville Common Stock upon consummation of the Merger will be, issued in violation of any preemptive rights of the current or past shareholders of SouthCrest.

  • To the extent required by Section 3.5 of this Agreement, each holder of shares of Maplesville Stock issued and outstanding at the Effective Time also shall receive, upon surrender of the certificate or certificates representing such shares, cash in lieu of any fractional share of SouthCrest Common Stock to which such holder may be otherwise entitled (without interest).

  • As of the date hereof, there were 3,581,193 shares of SouthCrest Common Stock issued and outstanding.

  • Notwithstanding any other provision of this Agreement, each holder of shares of Maplesville Stock exchanged pursuant to the Merger, who would otherwise have been entitled to receive a fraction of a share of SouthCrest Common Stock (after taking into account all certificates delivered by such holder), shall receive, in lieu thereof, cash (without interest) in an amount equal to such fractional part of a share of SouthCrest Common Stock multiplied by $22.75.

  • To the extent permitted by Law, former shareholders of record of Maplesville shall be entitled to vote after the Effective Time at any meeting of SouthCrest shareholders the number of whole shares of SouthCrest Common Stock into which their respective shares of Maplesville Stock are converted, regardless of whether such holders have exchanged their certificates representing Maplesville Stock for certificates representing SouthCrest Common Stock in accordance with the provisions of this Agreement.

  • All of the issued and outstanding shares of SouthCrest Common Stock are, and all of the shares of SouthCrest Common Stock to be issued in exchange for shares of Maplesville Common Stock upon consummation of the Merger, when issued in accordance with the terms of this Agreement, will be, duly and validly issued and outstanding and are fully paid and nonassessable under the GBCC.

  • SouthCrest shall take any action required to be taken under the applicable state Blue Sky or securities laws in connection with the resale of the shares of SouthCrest Common Stock upon consummation of the Merger.

  • However, upon surrender of such Maplesville Stock certificate in exchange for SouthCrest Common Stock, both the SouthCrest Common Stock certificate (together with all such undelivered dividends or other distributions without interest) and any undelivered cash payments to be paid for fractional share interests (without interest) shall be delivered and paid with respect to each share represented by such certificate.

  • In the event SouthCrest changes the number of shares of SouthCrest Common Stock issued and outstanding prior to the Effective Time as a result of a stock split, stock dividend or similar recapitalization with respect to such stock and the record date therefor (in the case of a stock dividend) or the effective date therefor (in the case of a stock split or similar recapitalization) shall be prior to the Effective Time, the Merger Consideration shall be proportionately adjusted.

  • SouthCrest is eligible to register the shares of SouthCrest Common Stock to be issued as Merger Consideration for resale by the Maplesville shareholders on Form S-3 pursuant to the rules and regulations of the SEC.

Related to SouthCrest Common Stock

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

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

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

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

  • 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.

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

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

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

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

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

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

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

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

  • 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.

  • Parent Common Shares means the common shares of beneficial interest, $0.01 par value per share, of Parent.

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

  • Class A Common Shares means shares of the Class A Common Stock, par value $.01 per share, of the Company.

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

  • 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.

  • Class B Common Shares means shares of the Class B Common Stock, par value $.01 per share, of the Company.

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

  • Surviving Corporation Common Stock has the meaning set forth in Section 1.7(a).

  • Company Common Shares means the common shares in the capital of the Company.

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

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

  • Acquiror Common Stock means the common stock, $0.001 par value per share, of Acquiror.