FNH definition
Examples of FNH in a sentence
The recitals contained herein shall be taken as the statements of the Company and New FNH, and the Trustee assumes no responsibility for their correctness.
New FNH, as the transferee Person in the Asset Transfer, hereby expressly assumes the due and punctual payment of the principal of and interest on the Securities and all obligations of the Company under the Securities and the Indenture and shall be the successor to the Company under the Indenture.
Upon New FNH becoming the successor Company under the Indenture, the Company shall be discharged from all obligations and covenants under the Indenture and the Securities.
Upon the later to occur of (i) the execution and delivery of this Second Supplemental Indenture by the Company, New FNH and the Trustee and (ii) the consummation of the Asset Transfer, the Indenture shall be supplemented in accordance herewith, and this Second Supplemental Indenture shall form a part of the Indenture for all purposes, and every Holder of Securities heretofore or hereafter authenticated and delivered under the Indenture shall be bound thereby.
As of the date of this Agreement, no shares of capital stock of Parent Holdings or FNH were reserved for issuance.
In rendering such opinion, Golden State's Counsel may require and rely upon representations and covenants, including those contained in certificates of officers of Parent Holdings, FNH, CFB, Merger Sub, GFB and others, including FGH and Ford, reasonably satisfactory in form and substance to such counsel.
Upon consummation of the Mergers, the separate corporate existence of each of Parent Holdings and FNH shall terminate.
Upon the due and valid approval of the Bank Merger Agreement by FNH as the sole stockholder of CFB, and by the Board of Directors of CFB, no other corporate proceedings on the part of CFB will be necessary to consummate the transactions contemplated thereby.
Each of FI, FNH and DutchCo has the requisite corporate power and authority to enter into this Agreement and, subject to the approval of the FI shareholders (the “FI Shareholder Approval”) and to the approval of FI, as sole shareholder of FNH and DutchCo, to consummate the transactions contemplated hereby.
All of the issued and outstanding shares of Parent Holdings Common Stock, FNH Class A Common Stock, FNH Class B Common Stock and FNH Preferred Stock have been duly authorized and validly issued and are fully paid, nonassessable and free of preemptive rights, with no personal liability attaching to the ownership thereof.