Common use of Corporate Organization and Powers Clause in Contracts

Corporate Organization and Powers. (a) Seller is a federally chartered savings bank, duly organized, validly existing and in good standing under the laws of the United States of America.

Appears in 5 contracts

Samples: Asset Purchase and Sale Agreement (City National Bancshares Corp), Asset Purchase and Sale Agreement (North Fork Bancorporation Inc), Purchase and Sale Agreement (First Nationwide Holdings Inc)

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Corporate Organization and Powers. (a) Seller is a federally federally-chartered savings bankassociation, duly organized, validly existing and in good standing under federal law and Parent is a corporation, duly organized, validly existing and in current status under the laws of the United States State of AmericaWisconsin.

Appears in 1 contract

Samples: Branch Purchase Agreement (Tierone Corp)

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