Common use of Board Action Clause in Contracts

Board Action. The respective Boards of Directors of each of Acquiror, the Bank and the Company have determined that it is in the best interests of their respective companies and their stockholders to consummate the business combination transaction provided for in this Agreement.

Appears in 3 contracts

Samples: 47 Agreement and Plan of Combination (North American Mortgage Co), 2 Agreement (Dime Bancorp Inc), Dime Bancorp Inc

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Board Action. The respective Boards of Directors of each of Acquiror, the Bank Acquiror and the Company have determined that it is in the best interests of their respective companies and their stockholders shareholders to consummate the business combination transaction provided for in this Agreement.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Lakeview Financial Corp /Nj/), Agreement and Plan of Merger (Dime Bancorp Inc)

Board Action. The respective Boards of Directors of each of AcquirorParent, the Bank and the Company IPC have determined that it is in the best interests of their respective companies and their stockholders to consummate the business combination transaction Transaction provided for in this Agreementherein.

Appears in 1 contract

Samples: Employment Agreement (First Community Bancshares Inc /Nv/)

Board Action. The respective Boards of Directors of each of AcquirorFirst Union, FUNB, Signet and the Bank and the Company have determined that it is in the best interests of their respective companies and their stockholders to consummate the strategic business combination transaction provided for in this Agreementherein.

Appears in 1 contract

Samples: Agreement and Plan of Mergers (First Union Corp)

Board Action. The respective Boards of Directors of the Company and each of Acquiror, the Bank and the Company Acquisition Parties have determined that it is in the best interests of their respective companies and their stockholders shareholders to consummate the strategic business combination transaction provided for in this Agreementherein.

Appears in 1 contract

Samples: Voting Agreement (Financial Security Assurance Holdings LTD/Ny/)

Board Action. The respective Boards of Directors of each of Acquiror, the RGF, RAC and Crown Bank and the Company have determined that it is in the best interests of their respective companies and their stockholders to consummate the business combination transaction Transaction provided for in this Agreementherein.

Appears in 1 contract

Samples: Stock Purchase Agreement (R&g Financial Corp)

Board Action. The respective Boards of Directors of each of Acquiror, the Acquiror and Bank and the Company have determined that it is in the best interests of their respective companies organizations and their stockholders shareholders to consummate the strategic business combination transaction provided for in this Agreementherein.

Appears in 1 contract

Samples: Employment Agreement (Millennium Bankshares Corp)

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Board Action. The respective Boards of Directors of each of Acquiror, the Bank Purchaser and the Company Seller have determined that it is in the best interests of their respective companies and their stockholders to consummate the business combination transaction Transaction as provided for in this Agreementherein.

Appears in 1 contract

Samples: Stock Purchase Agreement (1st Independence Financial Group, Inc.)

Board Action. The respective Boards of Directors of each of Acquiror, the Bank Acquiror and the Company have determined that it is in the best interests of their respective companies and their stockholders to consummate the business combination transaction transactions provided for in this Agreement.

Appears in 1 contract

Samples: Agreement and Plan of Merger (McDonald & Co Investments Inc)

Board Action. The respective Boards Board of Directors of each of Acquiror, the Bank and the Company have parties has determined that it is in the best interests of their respective companies and their stockholders shareholders to the consummate the business combination transaction provided for in this Agreementcombinations contemplated herein.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Alliance Bancorp)

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