Examples of TFC Merger in a sentence
In the MFN Merger and in the TFC Merger the Company acquired finance receivables that had been previously securitized in term securitization transactions that were reflected as secured financings.
The “Effective Time” of the TFC Merger shall be the time as set forth in such filing, but in no event more than fifteen (15) days from the Effective Date.
RBB Bancorp shall not be obligated to deliver the consideration to which any former holder of TFC Common Stock is entitled as a result of the TFC Merger until such holder surrenders a certificate or certificates representing such shares of TFC Common Stock for exchange as provided herein.
Subject to the satisfaction or waiver of the conditions set forth in Article VII (other than those conditions that by their nature are to be satisfied at the consummation of the TFC Merger, but subject to the fulfillment or waiver of those conditions), the parties shall cause the filings contemplated by Section 2.01 to be made (i) no later than the tenth Business Day after such satisfaction or waiver or (ii) such other date to which the parties may agree in writing.
As of the Effective Time, RBB Bancorp will have sufficient liquid assets available to deposit sufficient cash with the Exchange Agent to allow payments of the Merger Consideration, and RBB Bancorp will have sufficient capital levels in order to complete the TFC Merger.
The Company has the full power and authority to enter into, deliver and perform its obligations under this Amendment and the TFC Merger Agreement.
The TFC Merger, the RBB Bancorp Merger, and the RBB Merger, require certain shareholder and regulatory approvals and may be effected only after the necessary approvals have been obtained.
This Agreement, the TFC Merger and the RBB Merger have been duly approved by the affirmative votes of the TFC and the Bank shareholders, the affirmative vote of the RBB shareholder, and the respective boards of directors of TFC, the Bank, RBB Bancorp and RBB in accordance with applicable law.
Effective on and as of the Third Amendment Effective Date (as defined below), the Purchaser consents to the consummation by the Company and Merger Sub of the TFC Merger and, in connection therewith, the acquisition of TFCE and its Subsidiaries.
The satisfaction of the last of the conditions precedent set forth in this Section 3 to be so satisfied shall occur not later than the Effective Time (as defined in the TFC Merger Agreement) of the TFC Merger.