Common use of Charter Provisions; State Takeover Laws; Firstar Rights Agreement Clause in Contracts

Charter Provisions; State Takeover Laws; Firstar Rights Agreement. (a) The provisions of Section 1131 of the WBCL are not applicable to this Agreement, the Firstar Option Agreement or the transactions contemplated hereby or thereby. The board of directors of Firstar has approved the transactions contemplated by this Agreement and the Firstar Option Agreement for purposes of Article V of the Firstar Articles and Section 1141 of the WBCL such that the provisions of such Article V and such Section 1141 will not apply to this Agreement or Firstar Option Agreement or any of the transactions contemplated hereby or thereby.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Firstar Corp /New/), Agreement and Plan of Merger (Us Bancorp \De\)

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Charter Provisions; State Takeover Laws; Firstar Rights Agreement. (a) The provisions of Section 1131 of the WBCL are not applicable to this Agreement, the Firstar Option Agreement or the transactions contemplated hereby or thereby. The board Board of directors Directors of Firstar has approved the transactions contemplated by this Agreement and the Firstar Option Agreement for purposes of Article V of the Firstar Articles and Section 1141 of the WBCL such that the provisions of such Article V and such Section 1141 will not apply to this Agreement or Firstar Option Agreement or any of the transactions contemplated hereby or thereby.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Mercantile Bancorporation Inc), Agreement and Plan of Merger (Firstar Corp /New/)

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