Valley Common Stock. The shares of Valley Common Stock to be issued hereunder pursuant to the Merger, will be duly and validly reserved for issuance, and when issued in accordance with the terms of this Agreement, will be duly authorized and validly issued, fully paid, nonassessable, free of preemptive rights and free and clear of all Liens created by or through Valley, with no personal liability attaching to the ownership thereof.
Appears in 5 contracts
Samples: Merger Agreement (Valley National Bancorp), Merger Agreement, Merger Agreement (Oritani Financial Corp)
Valley Common Stock. The shares of At the Effective Time, the Valley Common Stock to be issued hereunder pursuant to the Mergerterms of Section 2.1, will when so issued, shall be duly and validly reserved for issuanceauthorized, and when issued in accordance with the terms of this Agreement, will be duly authorized and validly issued, fully paid, nonassessableand non-assessable, free of preemptive rights and free and clear of all Liens liens, encumbrances or restrictions created by or through Valley, with no personal liability attaching to the ownership thereof.
Appears in 3 contracts
Samples: Merger Agreement (Valley National Bancorp), Merger Agreement (Wayne Bancorp Inc /De/), Merger Agreement (Valley National Bancorp)
Valley Common Stock. The Subject to approval by Valley shareholders of the Valley Charter Amendment, the shares of Valley Common Stock to be issued hereunder pursuant to the Merger, will be duly and validly reserved for issuance, and when issued in accordance with the terms of this Agreement, will be duly authorized and validly issued, fully paid, nonassessable, free of preemptive rights and free and clear of all Liens created by or through Valley, with no personal liability attaching to the ownership thereof.
Appears in 2 contracts
Samples: Merger Agreement (1st United Bancorp, Inc.), Merger Agreement (Valley National Bancorp)
Valley Common Stock. The As of the date hereof, Valley has available and reserved shares of Valley Common Stock sufficient for issuance pursuant to the Merger. The Valley Common Stock to be issued hereunder pursuant to the Merger, will be duly and validly reserved for issuance, and when issued in accordance with the terms of this Agreement, Merger will be duly authorized and validly issued, fully paid, nonassessable, free of preemptive rights and free and clear of all Liens liens, encumbrances or restrictions created by or through Valley, with no personal liability attaching to the ownership thereof.
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