Common use of Available Consideration Clause in Contracts

Available Consideration. Buyer has available to it, or as of the Effective Time will have available to it, sufficient shares of authorized and unissued Buyer Common Stock and all funds necessary for the issuance and payment of the Merger Consideration and has funds available to it to satisfy its payment obligations under this Agreement.

Appears in 11 contracts

Samples: Merger Agreement (Carolina Financial Corp), Merger Agreement (Congaree Bancshares Inc), Merger Agreement (State Bank Financial Corp)

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Available Consideration. Buyer has available to it, or as of the Effective Time will have available to it, sufficient shares of authorized and unissued Buyer Common Stock and all funds necessary for the issuance and payment of the Merger Consideration and has funds available to it and to satisfy its payment obligations under this Agreement.

Appears in 4 contracts

Samples: Merger Agreement (First Bancorp /Nc/), Merger Agreement (Grandsouth Bancorporation), Merger Agreement (Select Bancorp, Inc.)

Available Consideration. Buyer has available to it, or as of the Effective Time will have available to it, sufficient shares of authorized and unissued Buyer Common Stock and all funds necessary for the issuance and payment of the Merger Consideration and has funds available to it and to satisfy its payment obligations under this Agreement.

Appears in 3 contracts

Samples: Merger Agreement (Entegra Financial Corp.), Merger Agreement (ASB Bancorp Inc), Merger Agreement (First Bancorp /Nc/)

Available Consideration. The Buyer has available to it, or as of the Effective Time will have available to it, sufficient shares of authorized and unissued Buyer Common Stock and all funds necessary for the issuance and payment of the Merger Consideration and has funds available to it to satisfy its payment obligations under this Agreement.

Appears in 2 contracts

Samples: Merger Agreement (American Community Bancshares Inc), Merger Agreement (Yadkin Valley Financial Corp)

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Available Consideration. Buyer has available to it, or as of the Effective Time will have available to it, sufficient shares of authorized and unissued Buyer Common Stock and all funds necessary for the issuance and payment of the Merger Consideration and has funds available to it and to satisfy its payment obligations (including with respect to the Cash Consideration) under this Agreement.

Appears in 1 contract

Samples: Merger Agreement (Carolina Trust BancShares, Inc.)

Available Consideration. Buyer has available to it, or it as of the Effective Time Time, and will have available to itit as of the Closing, sufficient shares of authorized and unissued Buyer Common Stock and all funds necessary for the issuance and payment of the Merger Consideration and has funds available to it to satisfy its payment obligations under this AgreementClosing Consideration.

Appears in 1 contract

Samples: Securities Purchase Agreement (Cryolife Inc)

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