Common use of Stock and Cash Reserve Clause in Contracts

Stock and Cash Reserve. OFC agrees at all times from the date of this Agreement until the Merger Consideration has been paid in full to reserve a sufficient number of shares of its common stock and to maintain sufficient liquid accounts or borrowing capacity to fulfill its obligations under this Agreement.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Greater Community Bancorp), Agreement and Plan of Merger (Oritani Financial Corp.)

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Stock and Cash Reserve. OFC The Company agrees at all times from the date of this Agreement until the Merger Consideration has been paid in full to reserve a sufficient number of shares of its common stock and to maintain sufficient liquid accounts or borrowing capacity to fulfill its obligations under this Agreement.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Emclaire Financial Corp), Agreement and Plan of Merger (Emclaire Financial Corp)

Stock and Cash Reserve. OFC FFC agrees at all times from the date of this Agreement until the Merger Consideration has been paid in full to reserve a sufficient number of shares of its common stock FFC Common Stock and to maintain sufficient liquid accounts or borrowing capacity to fulfill its obligations under this Agreement.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Flushing Financial Corp), Agreement and Plan of Merger (Atlantic Liberty Financial Corp)

Stock and Cash Reserve. OFC Investors agrees at all times from the date of this Agreement until the Merger Consideration has been paid in full to reserve a sufficient number of shares of its common stock and to maintain sufficient liquid accounts or borrowing capacity to fulfill its obligations under this Agreement.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Investors Bancorp Inc), Agreement and Plan of Merger (American Bancorp of New Jersey Inc)

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Stock and Cash Reserve. OFC Xxxxxxxx agrees at all times from the date of this Agreement until the Merger Consideration has been paid in full to reserve a sufficient number of shares of its common stock and to maintain sufficient liquid accounts or borrowing capacity to fulfill its obligations under this Agreement.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Vist Financial Corp), Agreement and Plan of Merger (Tompkins Financial Corp)

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