Common use of Corporate Power; Minute Books Clause in Contracts

Corporate Power; Minute Books. (a) Buyer and Buyer Bank have the corporate power and authority to carry on their business as it is now being conducted and to own all their properties and assets; and Buyer and 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. (b) The minute books of Buyer and Buyer Bank contain true, complete and accurate records of all corporate actions taken by the shareholders of Buyer and the board of directors of Buyer (including committees of the Buyer’s board of directors).

Appears in 2 contracts

Samples: Merger Agreement (Independent Bank Corp), Merger Agreement (Central Bancorp Inc /Ma/)

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Corporate Power; Minute Books. (a) Buyer and Buyer Bank have the corporate power and authority to carry on their business as it is now being conducted and to own all their properties and assets; and Buyer and Buyer Bank has have the corporate power and authority to execute, deliver and perform its their obligations under this Agreement and to consummate the transactions contemplated hereby, subject to receipt of all necessary approvals of Governmental Authorities. (b) . The minute books of Buyer and Buyer Bank contain true, complete and accurate records of all corporate actions taken by the shareholders stockholders of Buyer and Buyer Bank and the board of directors of Buyer and Buyer Bank (including committees of the Buyer’s board and Buyer Bank’s boards of directors).

Appears in 2 contracts

Samples: Merger Agreement (Peoples Federal Bancshares, Inc.), Merger Agreement (Independent Bank Corp)

Corporate Power; Minute Books. (a) Buyer and Buyer Bank have the corporate power and authority to carry on their business as it is now being conducted and to own all their properties and assets; and Buyer and Buyer Bank has have the corporate power and authority to execute, deliver and perform its their obligations under this Agreement and to consummate the transactions contemplated hereby, subject to receipt of all necessary approvals of Governmental Authorities. (b) . The minute books of Buyer and Buyer Bank contain true, complete and accurate records of all corporate actions taken by the shareholders of Buyer and Buyer Bank and the board of directors of Buyer and Buyer Bank (including committees of the Buyer’s board and Buyer Bank’s boards of directors).

Appears in 2 contracts

Samples: Merger Agreement (Mayflower Bancorp Inc), Merger Agreement (Independent Bank Corp)

Corporate Power; Minute Books. (a) Each of Buyer and Buyer Bank have has the corporate power and authority to carry on their its business as it is now being conducted and to own all their its properties and assets; and each of Buyer and 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. (b) . The minute books of Buyer and Buyer Bank contain true, complete and accurate records of all meetings and other corporate actions held or taken by the shareholders of Buyer and the board of directors of Buyer Board (including committees of the Buyer’s board of directorsBuyer Board).

Appears in 1 contract

Samples: Merger Agreement (New Hampshire Thrift Bancshares Inc)

Corporate Power; Minute Books. (a) Buyer and Buyer Bank have the corporate power and authority to carry on their business as it is now being conducted and to own all their properties and assets; and Buyer and 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. (b) . The minute books of Buyer and Buyer Bank contain true, complete and accurate records of all meetings and other corporate actions held or taken by the shareholders of Buyer and the board Board of directors Directors of Buyer (including committees of the Buyer’s board Board of directorsDirectors).

Appears in 1 contract

Samples: Merger Agreement (Independent Bank Corp)

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Corporate Power; Minute Books. (a) Each of Buyer and Buyer Bank have its Subsidiaries has the corporate power and authority to carry on their its business as it is now being conducted and to own all their its properties and assets; and each of Buyer and 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. (b) . The minute books of Buyer and Buyer Bank contain true, complete and accurate records of all meetings and other corporate actions held or taken by the shareholders of Buyer and the board of directors of Buyer Board (including committees of the Buyer’s board of directorsBuyer Board).

Appears in 1 contract

Samples: Merger Agreement (New Hampshire Thrift Bancshares Inc)

Corporate Power; Minute Books. (a) Buyer and Buyer Bank have the corporate power and authority to carry on their business as it is now being conducted and to own all their properties and assets; and Buyer and 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. (b) . The minute books of Buyer and Buyer Bank contain true, complete and accurate records of all meetings and other corporate actions held or taken by the shareholders of Buyer and the board Board of directors Directors of Buyer (including committees of the Buyer’s board 's Board of directorsDirectors).

Appears in 1 contract

Samples: Merger Agreement (Slades Ferry Bancorp)

Corporate Power; Minute Books. (a) Buyer and Buyer Bank have the corporate power and authority to carry on their business as it is now being conducted and to own all their properties and assets; and Buyer and 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. (b) . The minute books of Buyer and Buyer Bank contain true, complete and accurate records of all corporate actions taken by the shareholders of Buyer and the board Board of directors Directors of Buyer (including committees of the Buyer’s board Board of directorsDirectors).

Appears in 1 contract

Samples: Merger Agreement (Independent Bank Corp)

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