Surviving Institution. From and after the Effective Time of the Merger, the Surviving Institution shall be responsible for all obligations of each of the constituent corporations and each claim existing and each action or proceeding pending by or against either of the constituent corporations may be prosecuted as if the Merger had not taken place, and the Surviving Institution may be substituted in the place of such constituent corporation. No right of any creditor of either constituent corporation and no lien upon the property of either constituent corporation shall be impaired by the Merger.
Appears in 5 contracts
Samples: Agreement and Plan of Merger (City Holding Co), Agreement and Plan of Merger (City Holding Co), Agreement and Plan of Reorganization (City Holding Co)
