Examples of Sovereign Common Stock in a sentence
No shares of Sovereign Common Stock were issued in violation of any preemptive rights.
If more than one certificate is surrendered at one time and in one transmittal package for the same shareholder account, the number of whole shares of Sovereign Common Stock for which certificates will be issued pursuant to this Section 1.02(g) will be computed on the basis of the aggregate number of shares represented by the certificates so surrendered.
Notwithstanding anything herein to the contrary, no fraction of a whole share of Sovereign Common Stock and no scrip or certificate therefore shall be issued in connection with the Merger.
Each issued and outstanding share of Sovereign Common Stock shall, at and after the Effective Time, continue to be issued and outstanding as an identical share of Sovereign Common Stock.
Upon surrender of certificates for shares of ML Common Stock in exchange for certificates for Sovereign Common Stock, Sovereign also shall pay any dividends to which such holder of ML Common Stock may be entitled as a result of the declaration of a dividend on the ML Common Stock by ML in accordance with the terms of this Agreement with a record date prior to the Effective Date and a payment date after the Effective Date.
All shares of Sovereign Common Stock issued and cash paid upon conversion of shares of First Essex Common Stock in accordance with the terms of this Agreement shall be deemed to have been issued or paid in full satisfaction of all rights pertaining to the shares of First Essex Common Stock.
Until surrendered, each certificate theretofore evidencing shares of First Home Common Stock will, from and after the Effective Date, evidence solely the right to receive certificates for shares of Sovereign Common Stock pursuant to Section 1.02(g)(i) hereof and a check for cash in lieu of any fractional share in accordance with Section 1.02(e)(ii)(D) hereof.
Each certificate for shares of Sovereign Common Stock issued in exchange for certificates for ML Common Stock pursuant to Section 1.02(g)(i) hereof will be dated the Effective Date and be entitled to dividends and all other rights and privileges pertaining to such shares of stock from and after the Effective Date.
Until such time as certificates for shares of First Home Common Stock are surrendered by a First Home shareholder to Sovereign for exchange, Sovereign shall have the right to withhold dividends or any other distributions on the shares of Sovereign Common Stock issuable to such shareholder.
The outcome of any submission which is tabled to the Committee will be communicated to the Architect who makes the submission by the Controlling Architect within five working days of the meeting having taken place.