Trustees, Corporators and Officers of Surviving MHC Sample Clauses

Trustees, Corporators and Officers of Surviving MHC. Effective as of the Effective Time, (i) all of the trustees and corporators of Ion MHC as of the date immediately prior to the Effective Time shall continue to constitute the members of the Surviving MHC’s Board of Trustees and Board of Corporators, and (ii) the officers of the Surviving MHC shall be the persons serving as officers of Ion MHC immediately prior to the Effective Time, with the following additions: effective as of the Effective Time, one member of Lincoln MHC’s Board of Directors who is in office as of immediately prior to the Effective Time (to be chosen by Ion in consultation with Lincoln MHC) shall be elected or appointed to Ion MHC’s Board of Trustees (subject to nomination and approval by Ion MHC’s Board of Trustees).
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Trustees, Corporators and Officers of Surviving MHC. Effective as of the MHC Effective Time, (i) the existing corporators of MB MHC shall continue as corporators of the Surviving MHC, (ii) all of the members of the Service MHC Board of Trustees as of the date immediately prior to the MHC Effective Date shall be elected or appointed as corporators of the Surviving MHC, (iii) three (3) of the trustees of Service MHC who are in office as of the date immediately prior to the MHC Effective Date (to be chosen by Middlesex after consultation with Strata) shall be elected or appointed as trustees of the Surviving MHC, and (iv) the officers of the Surviving MHC shall be the persons serving as officers of MB MHC immediately prior to the MHC Effective Date.
Trustees, Corporators and Officers of Surviving MHC. Effective as of the MHC Effective Time, (i) all of the trustees and corporators of Westborough MHC as of the date immediately prior to the Effective Date shall be elected or appointed to the Surviving MHC Board of Trustees and Board of Corporators, and (ii) the officers of the Surviving MHC shall be the persons serving as officers of AVB immediately prior to the Effective Date, plus JFM, who shall be elected or appointed as President and Chief Executive Officer of the Surviving MHC.

Related to Trustees, Corporators and Officers of Surviving MHC

  • Directors and Officers of Surviving Corporation The directors of Merger Sub immediately prior to the Effective Time shall be the directors of the Surviving Corporation, each to hold office in accordance with the certificate of incorporation and bylaws of the Surviving Corporation. The officers of Merger Sub immediately prior to the Effective Time shall be the officers of the Surviving Corporation, each to hold office in accordance with the bylaws of the Surviving Corporation.

  • Directors and Officers of the Surviving Corporation The directors and officers of Merger Sub immediately prior to the Effective Time shall serve as the initial directors and officers of the Surviving Corporation, until their respective successors are duly elected or appointed and qualified.

  • Directors and Officers of the Surviving Company The directors of Merger Sub immediately prior to the Effective Time will, from and after the Effective Time, be the directors of the Surviving Company, and the officers of the Merger Sub immediately prior to the Effective Time will, from and after the Effective Time, be the officers of the Surviving Company, in each case, until their respective successors have been duly elected, designated or qualified, or until their earlier death, disqualification, resignation or removal in accordance with the Surviving Company’s M&A.

  • Officers of Surviving Corporation The officers of the Company at the Effective Time shall, from and after the Effective Time, be the officers of the Surviving Corporation until their successors have been duly elected or appointed and qualified or until their earlier death, resignation or removal in accordance with the Surviving Charter and the Surviving By-Laws.

  • No Personal Liability of Directors, Officers, Employees, Incorporators and Stockholders No director, officer, employee, incorporator or stockholder of the Company, any Subsidiary Guarantor or any Subsidiary of any thereof shall have any liability for any obligation of the Company or any Subsidiary Guarantor under this Indenture, the Notes or any Subsidiary Guarantee, or for any claim based on, in respect of, or by reason of, any such obligation or its creation. Each Noteholder, by accepting the Notes, waives and releases all such liability. The waiver and release are part of the consideration for issuance of the Notes.

  • Immunity of Incorporators Stockholders Officers and Directors Section 15.01 Immunity of Incorporators, Stockholders, Officers and Directors. No recourse under or upon any obligation, covenant or agreement of this Indenture, or of any Security, or for any claim based thereon or otherwise in respect thereof, shall be had against any incorporator, stockholder, officer or director, as such, past, present or future, of the Company or of any successor corporation, either directly or through the Company, whether by virtue of any constitution, statute or rule of law, or by the enforcement of any assessment or penalty or otherwise; it being expressly understood that this Indenture and the obligations issued hereunder are solely corporate obligations, and that no personal liability whatever shall attach to, or is or shall be incurred by, the incorporators, stockholders, officers or directors, as such, of the Company or any successor corporation, or any of them, because of the creation of the indebtedness hereby authorized, or under or by this Indenture or in any of the Securities or implied therefrom; and that any and all such personal liability of every name and nature, either at common law or in equity or by constitution or statute, of, and any and all such rights and claims against, every such incorporator, stockholder, officer or director, as such, because of the creation of the indebtedness hereby authorized, or under or by reason of the obligations, covenants or agreements contained in this Indenture or in any of the Securities or implied therefrom are hereby expressly waived and released as a condition of, and as a consideration for, the execution of this Indenture and the issue of such Securities.

  • Officers and Directors of Surviving Corporation The officers and directors of Merger Sub shall be the officers and directors of the Surviving Corporation, until the earlier of their resignation or removal or otherwise ceasing to be an officer or director or until their respective successors are duly elected and qualified, as the case may be.

  • Resignations of Directors and Officers The persons holding the positions of a director or officer of the Company, in office immediately prior to the Effective Time, shall have resigned from such positions in writing effective as of the Effective Time.

  • Officers of the Surviving Corporation The officers of the Company immediately prior to the Effective Time shall be the initial officers of the Surviving Corporation, each to hold office until the earlier of their resignation or removal or until their respective successors are duly elected and qualified, as the case may be.

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