Common use of Rights etc Clause in Contracts

Rights etc. The Continuing Bank 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 institutions so merged; and all property, real, personal and mixed, and all debts due on whatever account, and all and every other interest, of or belonging to or due to each of the institutions so merged, shall be deemed to be vested in the Continuing Bank without further act or deed; and the title to any real estate or any interest therein, vested in each of such institutions, shall not revert or be in any way impaired by reason of the Bank Merger.

Appears in 4 contracts

Samples: Merger Agreement (Heritage Financial Corp /Wa/), Merger Agreement (Frontier Financial Corp /Wa/), Merger Agreement (Cascade Financial Corp)

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

Appears in 3 contracts

Samples: Merger Agreement (Heritage Financial Corp /Wa/), Merger Agreement (Frontier Financial Corp /Wa/), Merger Agreement (Frontier Financial Corp /Wa/)

Rights etc. The Continuing Resulting Bank 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 institutions corporations so merged; and all property, real, personal and mixed, and all debts due on whatever account, and all and every other interest, of or belonging to or due to each of the institutions corporations so merged, shall be deemed to be vested in the Continuing Resulting Bank without further act or deed; and the title to any real estate or any interest therein, vested in each of such institutions, shall not revert or be in any way impaired by reason of the Bank Merger.

Appears in 1 contract

Samples: Merger Agreement (Frontier Financial Corp /Wa/)

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Rights etc. The Continuing Bank 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 institutions corporations so merged; and all property, real, personal and mixed, and all debts due on whatever account, and all and every other interest, of or belonging to or due to each of the institutions corporations so merged, shall be deemed to be vested in the Continuing Bank Corporation without further act or deed; and the title to any real estate or any interest therein, vested in each of such institutions, shall not revert or be in any way impaired by reason of the Bank Merger.

Appears in 1 contract

Samples: Merger Agreement (Pacific Northwest Bancorp)

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