Common use of Merger Co Clause in Contracts

Merger Co. As of the Closing Date, Merger Co. will be a corporation duly organized, validly existing, duly qualified to do business and in good standing under the laws of its jurisdiction of incorporation, and will have corporate power and authority to own or lease its properties and assets and to carry on its business.

Appears in 3 contracts

Samples: Agreement and Plan of Reorganization (North County Bancorp), Agreement and Plan of Reorganization (Prime Bancshares Inc /Tx/), Agreement and Plan of Reorganization (Michigan Financial Corp)

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Merger Co. As of the Closing Date, Merger Co. will be a corporation --------- duly organized, validly existing, duly qualified to do business and in good standing under the laws of its jurisdiction of incorporation, and will have corporate power and authority to own or lease its properties and assets and to carry on its business.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Central Bancorporation Inc /Tx)

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