TFC Sample Clauses
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TFC. The obligation of TFC to consummate the Merger is subject to the satisfaction and fulfillment of each of the following conditions on or prior to the Effective Time, unless waived in writing by TFC:
TFC. TFC shall (i) pay dividends on or redeem any of its shares of common stock or any Indebtedness not identified on Schedule 12.01-P attached hereto and made a part hereof prior to its stated maturity or (ii) issue equity Securities, incur Indebtedness for borrowed money, or sell, lease, transfer, convey or otherwise dispose of any assets not identified on Schedule 12.01-P without transferring the proceeds of such equity Securities, Indebtedness or such assets to the Borrower to enable the Borrower to repay the principal of, and all accrued interest on, the Term Loans in full and repay the Revolving Loans by an amount sufficient to reduce the outstanding principal amount thereof to no more than $52,000,000 and reduce the Revolving Credit Commitments to an amount no more than $52,000,000. An Event of Default shall be deemed "continuing" until cured or waived in writing in accordance with Section 15.07.
TFC. See Section 12, the Termination for Convenience (TFC) clause. Decide whether the contract should contain that clause. You may find that a TFC clause makes the contract less attractive to firms. If you delete it, do so in a way that it reads “Sec.
TFC. TFC is a duly organized and existing Delaware corporation and bank holding company for the Bank, its wholly-owned subsidiary, having its principal place of business in Alhambra, California.