Common use of Post-Merger Agreements Clause in Contracts

Post-Merger Agreements. Each of the Merging Banks hereby appoints the Resulting Bank to be its true and lawful attorney for the purpose of taking, in its name, place and stead, any and all actions that the Resulting Bank deems necessary or advisable to vest in the Resulting Bank title to all property or rights of each of the Merging Banks or otherwise to effect the purposes of this Agreement, and each of the Merging Banks hereby grants to said attorney full power and authority to take all actions necessary to effect those purposes, including the power to execute, in its name, place and stead, such further assignments or assurances in law necessary or advisable to vest in the Resulting Bank title to all property and rights of each of the Merging Banks.

Post-Merger Agreements. Each of the Merging Banks hereby appoints the Resulting Bank RESULTING BANK to be its true and lawful attorney for the purpose of taking, in its name, place and stead, any and all actions that the Resulting Bank RESULTING BANK deems necessary or advisable to vest in the Resulting Bank RESULTING BANK title to all property or rights of each of the Merging Banks or otherwise to effect the purposes of this Agreement, and each of the Merging Banks hereby grants to said attorney full power and authority to take all actions necessary to effect those purposes, including the power to execute, in its name, place and stead, such further assignments or assurances in law necessary or advisable to vest in the Resulting Bank RESULTING BANK title to all property and rights of each of the Merging Banks.