Common use of Actions to be Taken Clause in Contracts

Actions to be Taken. The acts and things required to be done by the North Carolina General Statutes in order to make this Agreement effective, including the submission of this Agreement to the shareholders of the Constituent Banks and the filing of the articles of merger relating hereto in the manner provided in said North Carolina General Statutes, shall be attended to and done by the proper officers of the Constituent Banks with the assistance of counsel as soon as practicable.

Appears in 6 contracts

Samples: Merger Agreement (Select Bancorp, Inc.), Merger Agreement (First Bancorp /Nc/), Merger Agreement (ASB Bancorp Inc)

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Actions to be Taken. The acts and things required to be done by the North Carolina General Statutes and the S.C. Code in order to make this Agreement effective, including the submission of this Agreement to the shareholders sole shareholder of each of the Constituent Banks and the filing of the articles of merger relating hereto in the manner provided in said the North Carolina General StatutesStatutes and the S.C. Code, shall be attended to and done by the proper officers of the Constituent Banks with the assistance of counsel as soon as practicable.

Appears in 2 contracts

Samples: Merger Agreement (First Bancorp /Nc/), Merger Agreement (Grandsouth Bancorporation)

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