AFC COMMON STOCK. The shares of AFC Common Stock to be issued pursuant to this Agreement, when issued in accordance with the terms of this Agreement, will be duly authorized, validly issued, fully paid and non-assessable and subject to no preemptive rights.
Appears in 5 contracts
Samples: Agreement and Plan of Merger (Alliance Financial Corp /Ny/), Agreement and Plan of Merger (Bridge Street Financial Inc), Rights Agreement (Long Island Bancorp Inc)