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Common use of Government Authorization Clause in Contracts

Government Authorization. Buyer and its Subsidiaries have all Permits that, to the Knowledge of Buyer and its Subsidiaries, are or will be legally required to enable Buyer or any of its Subsidiaries to conduct their businesses in all material respects as now conducted by each of them.

Appears in 5 contracts

Samples: Merger Agreement (Community Bancshares Inc /De/), Merger Agreement (Kensington Bankshares Inc), Merger Agreement (Banc Corp)

Government Authorization. Buyer and its Subsidiaries have all Permits that, to the Knowledge of Buyer and its Subsidiaries, that are or will be legally required to enable Buyer or any of its Subsidiaries to conduct their businesses in all material respects as now conducted by each of them.

Appears in 1 contract

Samples: Merger Agreement (Superior Bancorp)