Common use of Legality of Shares to be Issued Clause in Contracts

Legality of Shares to be Issued. The shares of F & M Common to be delivered pursuant to this Agreement, when so delivered, will have been duly and validly authorized and issued by F & M and will be fully paid and nonassessable, except as provided by Wis. Stats. Section 180.0622(2)(b).

Appears in 3 contracts

Samples: Plan and Agreement of Merger and Reorganization (F&m Bancorporation Inc), Plan and Agreement of Merger and Reorganization (F&m Bancorporation Inc), Merger Agreement (F&m Bancorporation Inc)

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Legality of Shares to be Issued. The shares of F & M Common to be delivered pursuant to this Agreement, when so delivered, will have been duly and validly authorized and issued by F & M and will be fully paid and nonassessable, except as provided by Wis. Stats. Section 180.0622(2)(b). Such shares of F & M Common shall have been registered by F & M under the Securities Act of 1993, and shall be freely transferrable thereunder (except for restrictions on transfer applying to affiliates of F & M and BANK).

Appears in 1 contract

Samples: Plan and Agreement of Merger and Reorganization (F&m Bancorporation Inc)

Legality of Shares to be Issued. The shares of F & M Common to be delivered pursuant to this Agreement, when so delivered, will have been duly and validly authorized and issued by F & M and will be fully paid and nonassessable, except as provided by Wis. Stats. Section 180.0622(2)(b).Wis.

Appears in 1 contract

Samples: Merger Agreement (F&m Bancorporation Inc)

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Legality of Shares to be Issued. The shares of F & M F&M Common to be delivered pursuant to this Agreement, when so delivered, will have been duly and validly authorized and issued by F & M F&M and will be fully paid and nonassessable, except as provided by Wis. Stats. Section 180.0622(2)(b)ss.180.0622(2)(b) and judicial interpretations thereof.

Appears in 1 contract

Samples: Merger Agreement (F&m Bancorporation Inc)

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