Common use of Necessary Corporate Actions Clause in Contracts

Necessary Corporate Actions. Seller shall have taken any and all requisite corporate actions and other steps and secured any other corporate approvals, including any requisite shareholder’s approval, necessary to authorize and consummate this Agreement and the transactions contemplated hereby.

Appears in 6 contracts

Samples: Purchase and Assumption Agreement (Select Bancorp, Inc.), Purchase and Assumption Agreement (New Century Bancorp Inc), Purchase and Assumption Agreement (Independent Bank Group Inc)

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Necessary Corporate Actions. Seller shall have taken any and all requisite corporate actions and other steps and secured any other corporate approvals, including any requisite shareholder’s shareholder approval, necessary to authorize and consummate this Agreement and the transactions contemplated hereby.

Appears in 4 contracts

Samples: Branch Purchase and Assumption Agreement (Spirit of Texas Bancshares, Inc.), Branch Purchase and Assumption Agreement (Simmons First National Corp), Branch Purchase and Assumption Agreement (Simmons First National Corp)

Necessary Corporate Actions. Seller shall have taken any and all requisite corporate actions and other steps and secured any other corporate approvals, including any requisite shareholder’s 's approval, necessary to authorize and consummate this Agreement and the transactions contemplated hereby.

Appears in 1 contract

Samples: Purchase and Assumption Agreement (Unionbancorp Inc)

Necessary Corporate Actions. Seller shall have taken any and all requisite corporate actions and other steps and secured any other corporate approvals, including any requisite shareholder’s shareholders approval, necessary to authorize and consummate this Agreement and the transactions contemplated hereby.

Appears in 1 contract

Samples: Purchase and Assumption Agreement (Surety Capital Corp /De/)

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Necessary Corporate Actions. The Seller shall have taken any and all requisite corporate actions and other steps and secured any other corporate approvals, including any requisite shareholder’s approval, necessary to authorize and consummate this Agreement and the transactions contemplated hereby.

Appears in 1 contract

Samples: Purchase and Assumption Agreement (Citizens Bancshares Corp /Ga/)

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