Directxxx xx Xesulting Corporation Sample Clauses

Directxxx xx Xesulting Corporation. The directors of New YCB Bank immediately prior to the Effective Time of the Merger shall be the directors of the Resulting Corporation until their successors have been chosen and qualified in accordance with the Articles of Incorporation and the Bylaws of the Resulting Corporation; provided, however, that prior to the Effective Time of the Merger, the directors of New YCB Bank shall (i) fix the exact number of directors of the Resulting Corporation at twelve (12), and (ii) appoint all ten (10) of the existing members of the Board of Directors of YCB to serve on the board of directors of New YCB Bank, being: Roger Kohlmeier, Charles Santoni, Thomas Scarlett, H. James Gray, Kxxxx Xxxxxxxx, Tixxxxx Xxxxxx, Xarxxx Xxxxxxx, Xxhn Pexxx, Xxxxxs Xxxxxxxxxxxxx, axx Xxxx XxXxxxelx, xx xxxxx xxtix xxxxx xxccxxxxxx xxx xxxx xxxxted anx xxxxxxxxx, xnd (iii) appoint two (2) of the existing directors of NVBancorp (to be designated by the Board of Directors of NVBancorp) to also serve on the board of directors of the Resulting Corporation until their successors are duly elected and qualifed.
Sample 1
AutoNDA by SimpleDocs

Related to Directxxx xx Xesulting Corporation

  • The Surviving Corporation Section 3.01.

  • Name of Surviving Corporation After the merger, the Surviving Corporation shall have the name "Capital Bank Corporation"

  • Real Property Holding Corporation The Company is not and has never been a U.S. real property holding corporation within the meaning of Section 897 of the Internal Revenue Code of 1986, as amended, and the Company shall so certify upon Purchaser’s request.

  • Not a U.S. Real Property Holding Corporation The Acquiror Company is not and has not been a United States real property holding corporation within the meaning of Section 897(c)(2) of the Code at any time during the applicable period specified in Section 897(c)(1)(A)(ii) of the Code.

  • Directors of Surviving Corporation At the Effective Time of the Merger, the Board of Directors of the Surviving Corporation shall be comprised of the persons serving as directors of Merger Sub immediately prior to the Effective Time of the Merger. Such persons shall serve until the earlier of their resignation or removal or until their respective successors are duly elected and qualified.

  • U.S. Real Property Holding Corporation The Company is not and has never been a U.S. real property holding corporation within the meaning of Section 897 of the Internal Revenue Code of 1986, as amended, and the Company shall so certify upon Purchaser’s request.

  • Surviving Corporation 6 Tax...........................................................................17

  • Bylaws of Surviving Corporation At the Effective Time, the Bylaws of Merger Sub (the “Merger Sub Bylaws”), as in effect immediately prior to the Effective Time, shall be the Bylaws of the Surviving Corporation until thereafter amended in accordance with applicable law.

  • Residential Funding Corporation If Residential Funding Corporation is found by a court of competent jurisdiction to no longer be able to fulfill its obligations as REMIC Administrator under this Agreement the Master Servicer or Trustee acting as Master Servicer shall appoint a successor REMIC Administrator, subject to assumption of the REMIC Administrator obligations under this Agreement.

  • Corporation, etc The Buyer is a corporation (other than a bank, savings and loan association or similar institution), Massachusetts or similar business trust, partnership, or charitable organization described in Section 501(c)(3) of the Internal Revenue Code of 1986, as amended.

Time is Money Join Law Insider Premium to draft better contracts faster.