Available Consideration. Parent has available to it, or as of the Effective Time will have available to it, sufficient shares of authorized and unissued Parent 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: Cfo Non Solicitation Agreement (First Community Corp /Sc/), Agreement and Plan of Merger (First Community Corp /Sc/)
Available Consideration. Parent has available to it, or as of the Effective Time will have available to it, sufficient shares of authorized and unissued Parent Common Stock for the issuance of the Stock Consideration and First Bank has all funds necessary for the issuance and payment of the Merger Cash Consideration and Parent has funds available to it to satisfy its payment obligations under this Agreement.
Appears in 2 contracts
Samples: Employment Agreement (First National Corp /Va/), Employment Agreement (First National Corp /Va/)
