Stock Reserve. Mid Penn 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 5 contracts
Samples: Agreement and Plan of Merger (First Priority Financial Corp.), Agreement and Plan of Merger (Riverview Financial Corp), Agreement and Plan of Merger (Mid Penn Bancorp Inc)
Stock Reserve. Mid Penn 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 Mid Penn Common Stock, to reserve a sufficient number of shares of Mid Penn Preferred Stock to issue the Mid Penn SBLF Preferred Stock and to maintain sufficient liquid accounts or borrowing capacity to fulfill its obligations under this Agreement.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Mid Penn Bancorp Inc)
