Common use of Affiliate Merger Clause in Contracts

Affiliate Merger. PCCI will cooperate with PCBC and its Subsidiaries to cause the Bank to merge (the “Affiliate Merger”) with or into PCBNA immediately after the Effective Time. PCCI agrees to cooperate, and will cause the Bank to cooperate, and join in with PCBC and its Subsidiaries in the preparation, execution and processing of all applications and all director, shareholder and regulatory approvals of PCBC, its Subsidiaries, PCCI and the Bank necessary or appropriate to obtain regulatory, corporate and other approvals of the Affiliate Merger in a timely manner.

Appears in 2 contracts

Samples: Agreement and Plan of Reorganization (Pacific Capital Bancorp /Ca/), Agreement and Plan of Reorganization (Pacific Crest Capital Inc)

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Affiliate Merger. PCCI will cooperate with PCBC and its Subsidiaries shall cause PCBNA to cause consummate the Bank to merge (the “Affiliate Merger”) with or into PCBNA Merger immediately after the Effective Time. PCCI agrees to cooperate, Time and will cause the Bank PCBNA to cooperate, cooperate and join in with PCBC and its Subsidiaries the Bank in the preparation, execution execution, and processing of all applications and all director, shareholder and regulatory approvals of PCBC, its Subsidiaries, PCCI and the Bank necessary or appropriate to obtain regulatory, corporate and other approvals of the Affiliate Merger in a timely manner.

Appears in 2 contracts

Samples: Agreement and Plan of Reorganization (Pacific Crest Capital Inc), Agreement and Plan of Reorganization (Pacific Capital Bancorp /Ca/)

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