Assets and Rights. All rights, privileges, franchises and property of Bank or Subsidiary, and all debts and liabilities due or to become due to Bank or Subsidiary, including things in action and every interest or asset of conceivable value or benefit, shall be deemed fully and finally and without any right of reversion transferred to and vested in the Surviving Corporation without further act or deed, and the Surviving Corporation shall have and hold the same in its own right as fully as the same was possessed and held by Bank or Subsidiary.
Appears in 5 contracts
Samples: Merger Agreement (First Choice Bancorp), Agreement and Plan of Merger (CU Bancorp), Agreement and Plan of Merger (CU Bancorp)
