Common use of Approvals; Authority Clause in Contracts

Approvals; Authority. (a) The Bank has full corporate power and authority to execute and deliver this Agreement (and any related documents), and the Bank has full legal capacity, power and authority to perform its obligations hereunder and thereunder and to consummate the contemplated transactions.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Prosperity Bancshares Inc)

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Approvals; Authority. (a) The State Bank has full corporate power and authority to execute and deliver this Agreement (and any related documents), and the State Bank has full legal capacity, power and authority to perform its obligations hereunder and thereunder and to consummate the contemplated transactions.

Appears in 1 contract

Samples: Agreement and Plan (Prosperity Bancshares Inc)

Approvals; Authority. (a) The Bank Company has full corporate power and authority to execute and deliver this Agreement (and any related documents), including documents to effect the Bank Merger, and each of the Company and the Bank has full legal capacity, power and authority to perform its their respective obligations hereunder and thereunder and to consummate the transactions contemplated transactionsby this Agreement.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Prosperity Bancshares Inc)

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Approvals; Authority. (a) The Bank Bankshares has full corporate power and authority to execute and deliver this Agreement (and any related documents)Agreement, and the Bank has full legal capacity, power and authority to perform its obligations hereunder and thereunder and to consummate the transactions contemplated transactionshereby.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Provident Bankshares Corp)

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