F & M Common definition
Examples of F & M Common in a sentence
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.
Subject to the fulfilling of the conditions precedent to the closing of this transaction set forth below, F & M will transfer to Subsidiary such shares of F & M Common as may be necessary to effect the merger, as described under paragraph 3.3 below.
Subject to fulfilling of the conditions precedent to the closing of this transaction set forth below, F & M will transfer to Subsidiary such shares of F & M Common and cash as may be necessary to effect the merger, as described under paragraph 3.3 below.
Subject to the fulfilling of the conditions precedent to the closing of this transaction set forth below, F & M will transfer to Subsidiary such shares of F & M Common and cash as may be necessary to effect the merger, as described under paragraph 3.3 below.
F & M and Subsidiary shall have received all other federal or state securities permits, exemptions, registrations or other authorizations necessary to issue the F & M Common in exchange for the CLB Stock to consummate the merger.
Delivery of certificates representing shares of F & M Common to former CNB Shareholders who have tendered their certificates for their shares of CNB Common at or before the Effective Time shall be made as soon as reasonably possible after the Effective Time.
F & M anticipates increasing its authorized shares to Twenty Million (20,000,000) at its annual shareholders meeting to be held April 23, 1996, and that additional shares of F & M Common may be issued by it prior to the Closing Date.
Upon the subsequent surrender and exchange of such BANK Stock certificates, such holder of record of the certificates formerly representing shares of BANK Stock (or such holder's assignee) shall be paid the amount of any such cash dividends or other distributions, without interest, which became payable under this Agreement to holders of record of shares of F & M Common on or after the Effective Time and prior to the surrender and exchange of the certificates.
F & M and Subsidiary shall also use their best efforts to qualify under the blue sky laws of the various states in which common shareholders of FMS are located the shares of F & M Common Stock to be issued pursuant to this transaction and shall file the NASD Listing Application in a timely manner.
F & M shall have received all other federal or state securities permits, exemptions, registrations or other authorizations necessary to issue the F & M Common in exchange for the CNB Stock to consummate the merger.