Examples of TFC Common Stock in a sentence
In addition to the day-to-day operations and maintenance functions, and as part of the O&M Services, LUMA Energy will play an integral role in executing PREPA’s energy grid modernization strategy, as well as actively participate and assist in the deployment of federal funding for grid reconstruction.
No gain or loss will be recognized for federal tax purposes by any TFC shareholder upon his, her, or its exchange of TFC Common Stock solely for CBAC Common Stock.
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If the deemed redemption is treated as an exchange under Section 302(b) of the Code, gain, but not loss, will be recognized to the extent of the lesser of: (i) the amount of cash received by the TFC shareholder, or (ii) the excess of (A) the sum of the value of the CBAC Common Stock and cash received by such TFC shareholder over (B) the TFC shareholder’s aggregate tax basis in the TFC Common Stock exchanged.
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His family owned meat processing facilities from the 1920s through the 1990s.
The Company represents that it has no actual or constructive knowledge of any grounds on which a charge of inequitable conduct could credibly be directed against any inventor, Company employee or patent practitioner associated with Company Intellectual Property that is owned by the Companyor against any Company employee associated with Company Intellectual Property that is controlled as of the Effective Date.
RBB Bancorp shall not be obligated to deliver the consideration to which any former holder of TFC Common Stock is entitled as a result of the TFC Merger until such holder surrenders a certificate or certificates representing such shares of TFC Common Stock for exchange as provided herein.
The books and records of TFC and the Bank, including the list of holders of TFC Common Stock, Preferred Stock and all stock awards, have been fully, properly and accurately maintained in all material respects.
Notwithstanding the foregoing, neither the Exchange Agent nor any party hereto shall be liable to any former holder of TFC Common Stock for any amount properly delivered to a public official pursuant to applicable abandoned property, escheat or similar laws.