3Effects of the Merger. At and after the Effective Time, the Merger shall have the effects prescribed by applicable law, including the DGCL and the IBCA. Without limiting the generality of the foregoing, at the Effective Time, all of the property, rights, privileges, powers and franchises of the Company shall be vested in the Surviving Entity, and all debts, liabilities and duties of the Company shall become the debts, liabilities and duties of the Surviving Entity.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (HBT Financial, Inc.), Agreement and Plan of Merger (HBT Financial, Inc.)
3Effects of the Merger. At and after the Effective Time, the Merger shall have the effects prescribed by set forth in the applicable law, including provisions of the DGCL and the IBCAWBCA. Without limiting the generality of the foregoing, and subject thereto, at the Effective Time, all of the property, rights, privileges, powers and franchises of the Company shall be vested vest in the Surviving EntityCorporation, and all debts, liabilities and duties of the Company shall become the debts, liabilities and duties of the Surviving EntityCorporation.
Appears in 1 contract
Samples: Agreement and Plan of Merger (National Bank Holdings Corp)
3Effects of the Merger. At and after the Effective Time, the Merger shall have the effects prescribed by set forth in the applicable law, including provisions of the DGCL and the IBCAURBCA. Without limiting the generality of the foregoing, and subject thereto, at the Effective Time, all of the property, rights, privileges, powers and franchises of the Company shall be vested vest in the Surviving EntityCorporation, and all debts, liabilities and duties of the Company shall become the debts, liabilities and duties of the Surviving EntityCorporation.
Appears in 1 contract
Samples: Agreement and Plan of Merger (National Bank Holdings Corp)
