Common use of Bank Accounts and Drafts Clause in Contracts

Bank Accounts and Drafts. In addition to such bank accounts as may be authorized by the Board of Directors, the primary financial officer or any person designated by said primary financial officer, whether or not an employee of the Corporation, may authorize such bank accounts to be opened or maintained in the name and on behalf of the Corporation as he may deem necessary or appropriate, payments from such bank accounts to be made upon and according to the check of the Corporation in accordance with the written instructions of said primary financial officer, or other person so designated by the Treasurer.

Appears in 11 contracts

Samples: Merger Agreement (Blount International Inc), Merger Agreement (Willis Group Holdings PLC), Merger Agreement (Towers Watson & Co.)

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Bank Accounts and Drafts. In addition to such bank accounts as may be authorized by the Board of Directors, the primary chief financial officer officer, the Treasurer or any person designated by said primary chief financial officerofficer or Treasurer, whether or not an employee of the Corporation, may authorize such bank accounts to be opened or maintained in the name and on behalf of the Corporation as he such person may deem necessary or appropriate, payments from such bank accounts to be made upon and according to the check of the Corporation in accordance with the written instructions of said primary chief financial officer, or other person so designated by the Treasurer.

Appears in 4 contracts

Samples: Merger Agreement (Brookfield Property Partners L.P.), Merger Agreement (Brookfield Asset Management Inc.), Merger Agreement (GGP Inc.)

Bank Accounts and Drafts. In addition to such bank accounts as may be authorized by the Board of Directors, the primary financial officer or any person designated by said primary financial officer, whether or not an employee of the Corporation, may authorize such bank accounts to be opened or maintained in the name and on behalf of the Corporation as he such primary financial officer (or designee thereof) may deem necessary or appropriate, payments from such bank accounts to be made upon and according to the check of the Corporation in accordance with the written instructions of said primary financial officer, officer or other person so designated by the Treasurer.

Appears in 4 contracts

Samples: Merger Agreement (Scilex Holding Co), Merger Agreement (Denali Capital Acquisition Corp.), Merger Agreement (Scilex Holding Co)

Bank Accounts and Drafts. In addition to such bank accounts as may be authorized by the Board of Directors, the primary financial officer or any person designated by said primary financial officer, whether or not an employee of the CorporationCompany, may authorize such bank accounts to be opened or maintained in the name and on behalf of the Corporation Company as he may deem necessary or appropriate, payments from such bank accounts to be made upon and according to the check of the Corporation Company in accordance with the written instructions of said primary financial officer, or other person so designated by the Treasurer.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Manville Personal Injury Settlement Trust), Agreement and Plan of Merger (Johns Manville Corp /New/)

Bank Accounts and Drafts. In addition to such bank accounts as may be authorized by the Board of Directors, the primary financial officer or any person designated by said primary financial officer, whether or not an employee of the Corporation, may authorize such bank accounts to be opened or maintained in the name and on behalf of the Corporation as he or she may deem necessary or appropriate, payments from such bank accounts to be made upon and according to the check of the Corporation in accordance with the written instructions of said primary financial officer, or other person so designated by the Treasurersuch primary financial officer.

Appears in 1 contract

Samples: Merger Agreement (Alexanders J Corp)

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Bank Accounts and Drafts. In addition to such bank accounts as may be authorized by the Board of Directors, the primary financial officer Chief Financial Officer or any person designated by said primary financial officerChief Financial Officer, whether or not an employee of the Corporation, may authorize such bank accounts to be opened or maintained in the name and on behalf of the Corporation as he may deem necessary or appropriate, payments from such bank accounts to be made upon and according to the check of the Corporation in accordance with the written instructions of said primary financial officerChief Financial Officer, or other person so designated by the Treasurer.

Appears in 1 contract

Samples: Business Combination Agreement (CBRE Acquisition Holdings, Inc.)

Bank Accounts and Drafts. In addition to such bank accounts as may be authorized by the Board of Directors, the primary financial officer or any person designated by said primary financial officer, whether or not an employee of the Corporation, may authorize such bank accounts to be opened or maintained in the name and on behalf of the Corporation as he may deem necessary or appropriate, payments from such bank accounts to be made upon and according to the check of the Corporation in accordance with the written instructions of said primary financial officer, or other person so designated by the TreasurerPresident.

Appears in 1 contract

Samples: Business Combination Agreement (Spartan Acquisition Corp. III)

Bank Accounts and Drafts. In addition to such bank accounts as may be authorized by the Board of Directors, the primary financial officer or any person designated by said primary financial officer, whether or not an employee of the Corporation, may authorize such bank accounts to be opened or maintained in the name and on behalf of the Corporation as he may deem necessary or appropriate, payments from such bank accounts to be made upon and according to the check of the Corporation in accordance with the written instructions of said primary financial officer, or such other person so designated by the said primarily financial officer or by a Treasurer.

Appears in 1 contract

Samples: Merger Agreement (Avista Healthcare Public Acquisition Corp.)

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