Common use of Effectiveness of Registration Statement, Compliance with Securities and Other Clause in Contracts

Effectiveness of Registration Statement, Compliance with Securities and Other. “Blue Sky” Requirements. The Registration Statement shall be effective under the 1933 Act and no stop order suspending the effectiveness of the Registration Statement shall have been issued and no proceedings for that purpose shall have been initiated or threatened by the SEC. 1st Financial shall have taken all such actions, if any, as required by applicable state securities laws (i) to cause the 1st Financial Stock to be issued upon consummation of the Merger, at the time of the issuance thereof, to be duly qualified or registered (unless exempt) under such laws; (ii) to cause all conditions to any exemptions from qualification or registration under such laws to have been satisfied; and (iii) to obtain any and all required approvals or consents with respect to the issuance of such stock, and any such required approvals or consents shall have been obtained and shall remain in effect.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (1st Financial Services CORP), Agreement and Plan of Merger (AB&T Financial CORP), Agreement and Plan of Merger (1st Financial Services CORP)

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Effectiveness of Registration Statement, Compliance with Securities and Other. Blue Sky" Requirements. The Registration Statement shall be effective under the 1933 Act and no stop order suspending the effectiveness of the Registration Statement shall have been issued and no proceedings for that purpose shall have been initiated or threatened by the SEC. 1st Financial The Holding Company shall have taken all such actions, if any, as required by applicable state securities laws (i) to cause the 1st Financial Triangle Stock to be issued upon consummation of the Merger, at the time of the issuance thereof, to be duly qualified or registered (unless exempt) under such laws; , (ii) to cause all conditions to any exemptions from qualification or registration under such laws to have been satisfied; , and (iii) to obtain any and all required approvals or consents with respect to the issuance of such stock, and any such required approvals or consents shall have been obtained and shall remain in effect.

Appears in 1 contract

Samples: Agreement and Plan (Triangle Bancorp Inc)

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Effectiveness of Registration Statement, Compliance with Securities and Other. “Blue Sky” Requirements. The Registration Statement shall be effective under the 1933 Act and no stop order suspending the effectiveness of the Registration Statement shall have been issued and no proceedings for that purpose shall have been initiated or threatened by the SEC. 1st Financial ACB shall have taken all such actions, if any, as required by applicable state securities laws (i) to cause the 1st Financial ACB Stock to be issued upon consummation of the Merger, at the time of the issuance thereof, to be duly qualified or registered (unless exempt) under such laws; (ii) to cause all conditions to any exemptions from qualification or registration under such laws to have been satisfied; and (iii) to obtain any and all required approvals or consents with respect to the issuance of such stock, and any such required approvals or consents shall have been obtained and shall remain in effect.

Appears in 1 contract

Samples: Agreement and Plan of Merger (FNB Bancshares Inc /Sc/)

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