THE CONTINUING CORPORATION Sample Clauses
The "Continuing Corporation" clause defines which entity will assume the rights and obligations of a company following a merger, consolidation, or similar corporate restructuring. In practice, this clause identifies the surviving or successor corporation that will continue to be bound by the terms of the agreement, ensuring that contractual commitments remain enforceable even after significant organizational changes. Its core function is to provide certainty and continuity for all parties by clarifying who is responsible for fulfilling the contract if the original company undergoes a structural transformation.
THE CONTINUING CORPORATION. In accordance with the terms of RCW Ch. 23B.11, the Company shall merge into InterWest (the "Merger"), the separate existence of the Company shall cease and InterWest (the "Continuing Corporation") shall survive, and the name of the Continuing Corporation shall be "InterWest Bancorp, Inc."
THE CONTINUING CORPORATION. In accordance with the terms of RCW Ch. 23B.11, the Company shall merge into Heritage (the "Merger"), the separate existence of the Company shall cease and Heritage (the "Continuing Corporation") shall survive, and the name of the Continuing Corporation shall be "Heritage Financial Corporation."
THE CONTINUING CORPORATION. On the Merger Effective Date the Holding Company shall merge into Regency (the "Merger"), the separate existence of the Holding Company shall cease and Regency (the "Continuing Corporation") shall survive.
THE CONTINUING CORPORATION. On the Merger Effective Date (as hereinafter defined) Ballston shall merge into MSBC (the"Merger"), the separate existence of Ballston shall cease and MSBC (the "Continuing Corporation") shall survive.
THE CONTINUING CORPORATION. On the Merger Effective Date (as hereinafter defined), JBI Merger Sub shall merge with and into UVHC, the separate existence of JBI Merger Sub shall cease and UVHC (sometimes hereinafter referred to as the "Continuing Corporation") shall survive. The name of the
THE CONTINUING CORPORATION. The Merging Entity shall merge with and into the Company (the "Merger"), the separate existence of the Merging Entity shall cease and the Company (sometimes hereinafter referred to as the "Continuing Corporation") shall survive the Merger and the name of the Continuing Corporation shall be "First Union Genesis Holdings, Inc". The Continuing Corporation shall continue to be governed by the laws of the State of Florida, and the separate corporate existence of the Continuing Corporation with all its rights, privileges, immunities, powers and franchises shall continue unaffected by the Merger. The Merger shall have the effects specified in the Florida Business Corporation Act (the "FBCA").
THE CONTINUING CORPORATION. In accordance with -------------------------- the terms of TBCA ▇▇-▇▇-▇▇▇, NEWCO shall merge into the Company (the "Merger"), the separate existence of NEWCO shall cease and the Company (the "Continuing Corporation") shall survive, and the name of the Continuing Corporation shall be "Community National Corporation".
THE CONTINUING CORPORATION. On the Merger Effective Date, Peninsula shall merge with and into Southern, the separate existence of Peninsula shall cease and Southern (sometimes hereinafter referred to as the "CONTINUING CORPORATION") shall survive. The name of the Continuing Corporation shall be "Southern Community Bancorp."
THE CONTINUING CORPORATION. The Company shall merge with and into First Union (the "Corporate Merger"), the separate existence of the Company shall cease and First Union (the "Continuing Corporation") shall survive and the name of the Continuing Corporation shall be "First Union Corporation."
THE CONTINUING CORPORATION. On the Merger Effective Date (as hereinafter defined), the Holding Company shall merge into Tysons (the "Merger"), the separate existence of the Holding Company shall cease and Tysons (the "Continuing Corporation") shall survive.