Common use of ARTICLES OF ASSOCIATION, BYLAWS AND FACILITIES OF CONTINUING BANK Clause in Contracts

ARTICLES OF ASSOCIATION, BYLAWS AND FACILITIES OF CONTINUING BANK. On the Effective Date and until thereafter amended in accordance with law, the Articles of Association of Continuing Bank shall be the Articles of Association of Bayshore as in effect on the Effective Date. Until altered, amended or repealed as therein provided and in the Articles of Association of Continuing Bank, the Bylaws of Continuing Bank shall be the Bylaws of Bayshore as in effect on the Effective Date. Unless and until changed by the Board of Directors of Continuing Bank, the main office of Continuing Bank shall be the main office of Bayshore as of the Effective Date. The established offices and facilities of the First Surviving Bank immediately prior to the Final Consolidation shall become established offices and facilities of the Continuing Bank. Until thereafter changed in accordance with law or the Articles of Association or Bylaws of Continuing Bank, all corporate acts, plans, policies, contracts, approvals and authorizations of the First Surviving Bank and Bayshore and their respective shareholders, boards of directors, committees elected or appointed thereby, officers and agents, which were valid and effective immediately prior to the Effective Date, shall be taken for all purposes as the acts, plans, policies, contracts, approvals and authorizations of Continuing Bank and shall be as effective and binding thereon as the same were with respect to the First Surviving Bank and Bayshore, respectively, as of the Effective Date.

Appears in 2 contracts

Samples: Escrow Agreement (Bay Bancshares Inc), Escrow Agreement (Bay Bancshares Inc)

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ARTICLES OF ASSOCIATION, BYLAWS AND FACILITIES OF CONTINUING BANK. On the Effective Date and until thereafter amended in accordance with law, the Articles of Association of Continuing Resulting Bank shall be the Articles of Association of Bayshore as in effect on the Effective Date. Until altered, amended or repealed as therein provided and in the Articles of Association of Continuing Resulting Bank, the Bylaws of Continuing Resulting Bank shall be the Bylaws of Bayshore as in effect on the Effective Date. Unless and until changed by the Board of Directors of Continuing Resulting Bank, the main office of Continuing Resulting Bank shall be the main office of Bayshore as of the Effective Date. The established offices and facilities of the First Surviving Bank Texas National immediately prior to the Final Consolidation shall become established offices and facilities of the Continuing Resulting Bank. Until thereafter changed in accordance with law or the Articles of Association or Bylaws of Continuing Resulting Bank, all corporate acts, plans, policies, contracts, approvals and authorizations of the First Surviving Bank Texas National and Bayshore and their respective shareholders, boards of directors, committees elected or appointed thereby, officers and agents, which were valid and effective immediately prior to the Effective Date, shall be taken for all purposes as the acts, plans, policies, contracts, approvals and authorizations of Continuing Resulting Bank and shall be as effective and binding thereon as the same were with respect to the First Surviving Bank Texas National and Bayshore, respectively, as of the Effective Date.

Appears in 1 contract

Samples: Escrow Agreement (Bay Bancshares Inc)

ARTICLES OF ASSOCIATION, BYLAWS AND FACILITIES OF CONTINUING BANK. On At the Effective Date Time and until thereafter amended in accordance with applicable law, the Articles of Association of Continuing Bank shall be the Articles of Association of Bayshore FPB as in effect on at the Effective DateTime. Until altered, amended or repealed as therein provided and in the Articles of Association of Continuing Bank, the Bylaws of Continuing Bank shall be the Bylaws of Bayshore FPB as in effect on at the Effective DateTime. Unless and until changed by the Board of Directors of Continuing Bank, the main office of Continuing Bank shall be the main office of Bayshore FPB as of the Effective DateTime. The established offices and facilities of the First Surviving Bank immediately prior to the Final Consolidation Merger shall become established offices and facilities of the Continuing Bank. Until thereafter changed in accordance with law or the Articles of Association or Bylaws of Continuing Bank, all corporate acts, plans, policies, contracts, approvals and authorizations of the First Surviving Bank and Bayshore FPB and their respective shareholders, boards of directors, committees elected or appointed thereby, officers and agents, which were valid and effective immediately prior to the Effective DateTime, shall be taken for all purposes as the acts, plans, policies, contracts, approvals and authorizations of Continuing Bank and shall be as effective and binding thereon as the same were with respect to the First Surviving Bank and BayshoreFPB, respectively, as of the Effective DateTime.

Appears in 1 contract

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

ARTICLES OF ASSOCIATION, BYLAWS AND FACILITIES OF CONTINUING BANK. On the Effective Date and until thereafter amended in accordance with law, the Articles of Association of Continuing Resulting Bank shall be the Articles of Association of Bayshore as in effect on the Effective Date. Until altered, amended or repealed as therein provided and in the Articles of Association of Continuing Resulting Bank, the Bylaws of Continuing Resulting Bank shall be the Bylaws of Bayshore as in effect on the Effective Date. Unless and until changed by the Board of Directors of Continuing Resulting Bank, the main office of Continuing Resulting Bank shall be the main office of Bayshore as of the Effective Date. The established offices and facilities of the First Surviving Bank immediately prior to the Final Consolidation shall become established offices and facilities of the Continuing Resulting Bank. Until thereafter changed in accordance with law or the Articles of Association or Bylaws of Continuing Resulting Bank, all corporate acts, plans, policies, contracts, approvals and authorizations of the First Surviving Bank and Bayshore and their respective shareholders, boards of directors, committees elected or appointed thereby, officers and agents, which were valid and effective immediately prior to the Effective Date, shall be taken for all purposes as the acts, plans, policies, contracts, approvals and authorizations of Continuing Resulting Bank and shall be as effective and binding thereon as the same were with respect to the First Surviving Bank and Bayshore, respectively, as of the Effective Date.

Appears in 1 contract

Samples: Escrow Agreement (Bay Bancshares Inc)

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ARTICLES OF ASSOCIATION, BYLAWS AND FACILITIES OF CONTINUING BANK. On the Effective Date and until thereafter amended in accordance with law, the Articles of Association of Continuing Bank shall be the Articles of Association of Bayshore FPB as in effect on the Effective Date. Until altered, amended or repealed as therein provided and in the Articles of Association of Continuing Bank, the Bylaws of Continuing Bank shall be the Bylaws of Bayshore FPB as in effect on the Effective Date. Unless and until changed by the Board of Directors of Continuing Bank, the main office of Continuing Bank shall be the main office of Bayshore FPB as of the Effective Date. The established offices and facilities of the First Surviving Bank CNB immediately prior to the Final Consolidation Bank Merger shall become established offices and facilities of the Continuing Bank. Until thereafter changed in accordance with the law or the Articles of Association or Bylaws of Continuing Bank, all corporate acts, plans, policies, contracts, approvals and authorizations of the First Surviving Bank CNB and Bayshore FPB and their respective shareholders, boards of directors, committees elected or appointed thereby, officers and agents, which were valid and effective immediately prior to the Effective Date, shall be taken for all purposes as the acts, plans, policies, contracts, approvals and authorizations of Continuing Bank and shall be as effective and binding thereon as the same were with respect to the First Surviving Bank CNB and BayshoreFPB, respectively, as of the Effective Date.

Appears in 1 contract

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

ARTICLES OF ASSOCIATION, BYLAWS AND FACILITIES OF CONTINUING BANK. On At the Effective Date Time and until thereafter amended in accordance with applicable law, the Articles of Association of Continuing Bank shall be the Articles of Association of Bayshore Prosperity as in effect on at the Effective DateTime. Until altered, amended or repealed as therein provided and in the Articles of Association of Continuing Bank, the Bylaws of Continuing Bank shall be the Bylaws of Bayshore Prosperity as in effect on at the Effective DateTime. Unless and until changed by the Board of Directors of Continuing Bank, the main office of Continuing Bank shall be the main office of Bayshore Prosperity as of the Effective DateTime. The established offices and facilities of the First Surviving Bank immediately prior to the Final Consolidation Merger shall become established offices and facilities of the Continuing Bank. Until thereafter changed in accordance with law or the Articles of Association or Bylaws of Continuing Bank, all corporate acts, plans, policies, contracts, approvals and authorizations of the First Surviving Bank and Bayshore Prosperity and their respective shareholders, boards of directors, committees elected or appointed thereby, officers and agents, which were valid and effective immediately prior to the Effective DateTime, shall be taken for all purposes as the acts, plans, policies, contracts, approvals and authorizations of Continuing Bank and shall be as effective and binding thereon as the same were with respect to the First Surviving Bank and BayshoreProsperity, respectively, as of the Effective DateTime.

Appears in 1 contract

Samples: Agreement and Plan (Prosperity Bancshares Inc)

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