Abandonment of Agreement. Notwithstanding any of the provisions of this Agreement, the Boards of Directors of the Constituent Corporations, at any time before or after the approval by shareholder of any of them, and prior to the Effective Time, and for any reason they may deem sufficient and proper, shall have the power and authority to abandon and refrain from making effective the contemplated Merger as set forth herein; in which case this Agreement shall thereby be cancelled and become null and void.
Appears in 9 contracts
Samples: Plan and Agreement of Merger (Nationwide Provident Va Separate Account A), Plan and Agreement of Merger (Nationwide Provident Va Separate Account A), Plan and Agreement of Merger (Nationwide Provident Vli Separate Account A)
