Examples of Subsidiary Stock in a sentence
The Company shall ensure that any amount required to be prepaid under paragraph 5 (Limitation on Sales of Assets and Subsidiary Stock) of Schedule 17 (Restrictive Covenants) is applied in prepayment and cancellation of the Facility.
At the Effective Time of the Merger, each outstanding share of Common Stock of the Subsidiary Stock Bank shall automatically be converted into one share of Common Stock of the Resulting Bank.
As a result of the substantive consolidation of Constar and the Consolidated Constar Entities provided for in Article IV.B of the Plan, no distributions shall be made to the Holders of Constar Consolidated Subsidiary Stock Interests.
Parent, as sole shareholder of the Resulting Bank, shall be entitled to receive a stock certificate(s) representing shares of Common Stock of the Resulting Bank in exchange for its certificate(s) representing an equivalent number of shares of Common Stock of the Subsidiary Stock Bank.
Limitation on Sales of Assets and Subsidiary Stock 53 SECTION 4.07.