Common use of Corporate Power; Minute Books Clause in Contracts

Corporate Power; Minute Books. (a) Company and each of its Subsidiaries has the corporate power and authority to carry on its business as it is now being conducted and to own all of its properties and assets; and each of Company and Company Bank has the corporate power and authority to execute, deliver and perform its obligations under this Agreement and to consummate the transactions contemplated hereby, subject to receipt of all necessary approvals of Governmental Authorities, the Regulatory Approvals and the Requisite Company Shareholder Approval.

Appears in 3 contracts

Samples: Agreement and Plan of Merger and Reorganization (Bank of the Carolinas CORP), Agreement and Plan of Merger (Bank of the Ozarks Inc), Agreement and Plan of Merger (Bank of the Ozarks Inc)

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Corporate Power; Minute Books. (a) Company Buyer and each of its Subsidiaries has Buyer Bank have the corporate power and authority to carry on its their business as it is now being conducted and to own all of its their properties and assets; and each of Company Buyer and Company Buyer Bank has the corporate power and authority to execute, deliver and perform its obligations under this Agreement and to consummate the transactions contemplated hereby, subject to receipt of all necessary approvals of Governmental Authorities, the Regulatory Approvals and the Requisite Company Shareholder Approval.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Independent Bank Corp), Voting Agreement (Central Bancorp Inc /Ma/)

Corporate Power; Minute Books. (a) Company and each of its Subsidiaries has the corporate power and authority to carry on its business as it is now being conducted and to own all of its properties and assets; and each of Company and Company Bank has the corporate power and authority to execute, deliver and perform its obligations under this Agreement and to consummate the transactions contemplated hereby, subject to receipt of all necessary approvals of Governmental Authorities, the Regulatory Approvals Authorities and the Requisite Company Shareholder Approvalapproval of Company’s shareholders of this Agreement.

Appears in 2 contracts

Samples: Voting Agreement (Central Bancorp Inc /Ma/), Agreement and Plan of Merger (Independent Bank Corp)

Corporate Power; Minute Books. (a) Each of the Company and each of its Subsidiaries the Company Bank has the corporate power and authority to carry on its business as it is now being conducted and to own all of its properties and assets; and each of the Company and Company Bank has the corporate power and authority to execute, deliver and perform its obligations under this Agreement and to consummate the transactions contemplated hereby. The minute books of the Company contain true, subject to receipt complete and accurate records of all necessary approvals meetings and other corporate actions held or taken by shareholders of Governmental Authorities, the Regulatory Approvals Company and the Requisite Company Shareholder ApprovalBoard (including committees of the Company Board).

Appears in 1 contract

Samples: Agreement and Plan of Merger (New Hampshire Thrift Bancshares Inc)

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Corporate Power; Minute Books. (a) Company and each of its Subsidiaries has the corporate power and authority to carry on its business as it is now being conducted and to own all of its properties and assets; and each of Company and Company Bank has the corporate power and authority to execute, deliver and perform its obligations under this Agreement and to consummate the transactions contemplated hereby, subject to receipt of all necessary approvals of Governmental Authorities, the Regulatory Approvals and the Requisite Company Shareholder Stockholder Approval.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Bank of the Ozarks Inc)

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