Common use of Rights etc Clause in Contracts

Rights etc. Upon consummation of the Merger, the Continuing Corporation shall possess all of the rights, privileges, immunities and franchises, of a public as well as of a private nature, of each of the merging corporations; and all property, real, personal and mixed, and all debts due on whatever account, and all other choses in action, and all and every other interest, of or belonging to or due to each of the corporations so merged, shall be deemed to be vested in the Continuing Corporation without further act or deed; and the title to any real estate or any interest therein, vested in each of such corporations, shall not revert or be in any way impaired by reason of the Merger.

Appears in 4 contracts

Samples: Agreement and Plan of Merger (Interwest Bancorp Inc), Employment Agreement (Heritage Financial Corp /Wa/), Employment Agreement (Heritage Financial Corp /Wa/)

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Rights etc. Upon consummation of the Merger, the Continuing Corporation shall thereupon and thereafter possess all of the rights, privileges, immunities and franchises, of a public as well as of a private nature, of each of the merging corporations; and all property, real, personal and mixed, and all debts due on whatever account, and all other choses in action, and all and every other interest, of or belonging to or due to each of the corporations so merged, shall be deemed to be vested in the Continuing Corporation without further act or deed; and the title to any real estate or any interest therein, vested in each any of such corporations, shall not revert or be in any way impaired by reason of the MergerMerger as provided by the laws of the Commonwealth of Virginia.

Appears in 3 contracts

Samples: Stock Option Agreement (Mainstreet Bankgroup Inc), Agreement and Plan of Merger (Mainstreet Bankgroup Inc), Agreement and Plan of Merger (Mainstreet Bankgroup Inc)

Rights etc. Upon consummation of the Merger, the Continuing Corporation shall thereupon and thereafter possess all of the rights, privileges, immunities and franchises, of a public as well as of a private nature, of each of the merging corporations; Southern and Peninsula, and all property, real, personal and mixed, mixed and all debts due on whatever account, and all other choses in causes of action, and all and every other interest, interest of or belonging to or due to each of the corporations so merged, merged shall be deemed to be vested in the Continuing Corporation without further act or deed; and the . The title to any real estate estate, or any interest therein, vested in each any of such corporations, shall not revert or be in any way impaired by reason of the Merger, as provided by the laws of the State of Florida.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Southern Community Bancorp)

Rights etc. Upon consummation of the Merger, the Continuing Corporation shall will possess all of the rights, privileges, immunities and franchises, of a public as well as of a private nature, of each of the merging corporations; and all property, real, personal and mixed, and all debts due on whatever account, and all other choses in action, and all and every other interest, of or belonging to or due to each of the corporations so merged, shall be deemed to be vested in the Continuing Corporation without further act or deed; and the title to any real estate or any interest therein, vested in each of such corporations, shall not revert or be in any way impaired by reason of the Merger.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Interwest Bancorp Inc)

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Rights etc. Upon consummation of the Merger, the Continuing Corporation shall thereupon and thereafter possess all of the rights, privileges, immunities and franchises, of a public as well as of a private nature, of each of the merging corporationsBank and Xxxxx; and all property, real, personal and mixed, mixed and all debts due on whatever account, and all other choses in action, and all and every other interest, interest of or belonging to or due to each of the corporations so merged, shall be deemed to be vested in the Continuing Corporation without further act or deed; and the title to any real estate estate, or any interest therein, vested in each any of such corporations, shall not revert or be in any way impaired by reason of the MergerMerger as provided by the laws of the State of Delaware.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Bancorp, Inc.)

Rights etc. Upon consummation of the Merger, ----------- the Continuing Corporation shall possess all of the rights, privileges, immunities and franchises, of a public as well as of a private nature, of each of the merging corporations; and all property, real, personal and mixed, and all debts due on whatever account, and all other choses in action, and all and every other interest, of or belonging to or due to each of the corporations so merged, shall be deemed to be vested in the Continuing Corporation without further act or deed; and the title to any real estate or any interest therein, vested in each of such corporations, shall not revert or be in any way impaired by reason of the Merger.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Community National Corp /Tn)

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