Common use of Sufficient Authorized but Unissued Shares Clause in Contracts

Sufficient Authorized but Unissued Shares. Parent has, and will continue to have through the Closing, sufficient authorized but unissued Parent Shares for the Parent to meet its obligation to deliver the Consideration Shares under this Agreement.

Appears in 2 contracts

Samples: Merger Agreement (Trulieve Cannabis Corp.), Merger Agreement (Trulieve Cannabis Corp.)

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Sufficient Authorized but Unissued Shares. At the Effective Time, Parent has, and will continue to have through the Closing, sufficient authorized but unissued Parent Shares shares or treasury shares for the Parent to meet its obligation to deliver the Consideration Parent Shares under this Agreement, and at the Effective Time, the Parent shall deliver Parent Shares, free and clear of all Liens, other than Permitted Liens.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Taylor Morrison Home Corp), Merger Agreement (AV Homes, Inc.)

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Sufficient Authorized but Unissued Shares. Parent has, and will continue to have through the Closing, sufficient authorized but unissued Parent Shares for the Parent to meet its obligation to deliver the Merger Closing Consideration Shares and GRH closing Consideration Shares under this Agreement.

Appears in 1 contract

Samples: Plan of Merger and Securities Purchase Agreement (Valens Company, Inc.)

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