Common use of Available Consideration Clause in Contracts

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 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: Agreement and Plan of Merger (ATRM Holdings, Inc.), Agreement and Plan of Merger (Digirad Corp)

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Available Consideration. Parent has available to it, or and 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: Agreement and Plan of Merger (Palmetto Bancshares Inc), Agreement and Plan of Merger (United Community Banks Inc)

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