Common use of Additional Actions Clause in Contracts

Additional Actions. If, at any time after the Effective Time, the Surviving Bank shall consider that any further assignments or assurances in law or any other acts are necessary or desirable to (i) vest, perfect or confirm, of record or otherwise, in the Surviving Bank its rights, title or interest in, to or under any of the rights, properties or assets of the Bank acquired or to be acquired by the Surviving Bank as a result of, or in connection with, the Merger, or (ii) otherwise carry out the purposes of this Agreement of Merger, the Bank and its proper officers and directors shall be deemed to have granted to the Surviving Bank an irrevocable power of attorney to execute and deliver all such proper deeds, assignments and assurances in law and to do all acts necessary or proper to vest, perfect or confirm title to and possession of such rights, properties or assets in the Surviving Bank and otherwise to carry out the purposes of this Agreement of Merger; and the proper officers and directors of the Surviving Bank are fully authorized in the name of the Bank or otherwise to take any and all such action.

Appears in 9 contracts

Samples: Voting and Support Agreement (Heritage Oaks Bancorp), Agreement and Plan of Merger (Commercial Capital Bancorp Inc), Agreement and Plan of Merger (Mission Community Bancorp)

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Additional Actions. If, at any time after the Effective Time, the Surviving Bank shall consider determine that any further assignments or assurances in law or any other acts are necessary or desirable to (ia) vest, perfect or confirm, of record or otherwise, in the Surviving Bank its rights, title or interest in, to or under any of the rights, properties or assets of the Xxxxxx Bank acquired or to be acquired by the Surviving Bank as a result of, or in connection with, the Bank Merger, or (iib) otherwise carry out the purposes of this Agreement of MergerBank Merger Agreement, the Xxxxxx Bank and its proper officers and directors shall be deemed to have granted to the Surviving Bank an irrevocable power of attorney to (i) execute and deliver all such proper deeds, assignments and assurances in law and to do all acts necessary or proper to vest, perfect or confirm title to and possession of such rights, properties or assets in the Surviving Bank and (ii) otherwise to carry out the purposes of this Agreement of Merger; and the Bank Merger Agreement. The proper officers and directors of the Surviving Bank are fully authorized in the name of the Xxxxxx Bank or otherwise to take any and all such action.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Howard Bancorp Inc), Agreement and Plan of Merger (FNB Corp/Pa/), Agreement and Plan of Merger (Howard Bancorp Inc)

Additional Actions. If, at any time after the Effective Time, the Surviving Bank shall consider that any further assignments or assurances in law or any other acts are necessary or desirable to (i) vest, perfect or confirm, of record or otherwise, in the Surviving Bank its rights, title or interest in, to or under any of the rights, properties or assets of the Bank SBM acquired or to be acquired by the Surviving Bank as a result of, or in connection with, the Merger, or (ii) otherwise carry out the purposes of this Agreement and Plan of Merger, the Bank SBM and its proper officers and directors shall be deemed to have granted to the Surviving Bank an irrevocable power of attorney to execute and deliver all such proper deeds, assignments and assurances in law and to do all acts necessary or proper to vest, perfect or confirm title to and possession of such rights, properties or assets in the Surviving Bank and otherwise to carry out the purposes of this Agreement and Plan of Merger; and the proper officers and directors of the Surviving Bank are fully authorized in the name of the The Savings Bank of Manchester or otherwise to take any and all such action.

Appears in 2 contracts

Samples: Termination and Release Agreement (Newalliance Bancshares Inc), Agreement and Plan of Merger (Connecticut Bancshares Inc/De)

Additional Actions. If, at any time after the Effective Time, the Surviving Bank shall consider that any further assignments or assurances in law or any other acts are necessary or desirable to (ia) vest, perfect or confirm, of record or otherwise, in the Surviving Bank its rights, title or interest in, to or under any of the rights, properties or assets of the Bank UNCB acquired or to be acquired by the Surviving Bank as a result of, or in connection with, the Merger, Bank Merger or (iib) otherwise carry out the purposes of this Agreement of Merger, the Bank UNCB and its proper officers and directors shall be deemed to have granted to the Surviving Bank an irrevocable power of attorney to (i) execute and deliver all such proper deeds, assignments and assurances in law and to do all acts necessary or proper to vest, perfect or confirm title to and possession of such rights, properties or assets in the Surviving Bank and (ii) otherwise to carry out the purposes of this Agreement of Merger; and the . The proper officers and directors of the Surviving Bank are fully authorized in the name of the Bank UNCB or otherwise to take any and all such action.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Union National Financial Corp / Pa), Agreement and Plan of Merger (Donegal Group Inc)

Additional Actions. If, at any time after the Effective Time, the Surviving Bank shall consider that any further assignments or assurances in law assurances, or any other acts are necessary or desirable to (i) vest, perfect or confirm, of record or otherwise, in the Surviving Bank its rights, title or interest in, to or under any of the rights, properties or assets of the Bank acquired or to be acquired by the Surviving Bank as a result of, or in connection with, the Merger, or (ii) otherwise carry out the purposes of this Agreement of Merger, the Bank and its proper officers and directors shall be deemed to have granted to the Surviving Bank an irrevocable power of attorney to execute and deliver all such proper deeds, assignments and assurances in law and to do all acts necessary or proper to vest, perfect or confirm title to and possession of such rights, properties or assets in the Surviving Bank and otherwise to carry out the purposes of this Agreement of Merger; and the proper officers and directors of the Surviving Bank are fully authorized in the name of the Surviving Bank or otherwise to take any take·any and all such action.

Appears in 2 contracts

Samples: Agreement and Plan of Reorganization and Merger (Sierra Bancorp), Agreement of Merger (First Choice Bancorp)

Additional Actions. If, at any time after the Effective Time, the Surviving Bank shall consider that any further assignments or assurances in law Law or any other acts are necessary or desirable to (i) vest, perfect or confirm, of record or otherwise, in the Surviving Bank its rights, title or interest in, to or under any of the rights, properties or assets of the Bank RBA acquired or to be acquired by the Surviving Bank as a result of, or in connection with, the Bank Merger, or (ii) otherwise carry out the purposes of this Agreement Plan of Bank Merger, the Bank RBA and its proper officers and directors shall be deemed to have granted to the Surviving Bank an irrevocable power of attorney to execute and deliver all such proper deeds, assignments and assurances in law Law and to do all acts necessary or proper to vest, perfect or confirm title to and possession of such rights, properties or assets in the Surviving Bank and otherwise to carry out the purposes of this Agreement Plan of Bank Merger; and the proper officers and directors of the Surviving Bank are fully authorized in the name of the Bank RBPI, RBA or otherwise to take any and all such action.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Royal Bancshares of Pennsylvania Inc), Agreement and Plan of Merger (Bryn Mawr Bank Corp)

Additional Actions. If, at any time after the Effective Time, the Surviving Bank shall consider that any further assignments or assurances in law or any other acts are necessary or desirable to (i) vest, perfect or confirm, of record or otherwise, in the Surviving Bank its rights, title or interest in, to or under any of the rights, properties or assets of the Bank acquired or to be acquired by the Surviving Bank as a result of, or in connection with, the Merger, or (ii) otherwise carry out the purposes of this Agreement of MergerBank Merger Agreement, the Bank and its proper officers and directors shall be deemed to have granted to the Surviving Bank an irrevocable power of attorney to execute and deliver all such proper deeds, assignments and assurances in law and to do all acts necessary or proper to vest, perfect or confirm title to and possession of such rights, properties or assets in the Surviving Bank and otherwise to carry out the purposes of this Agreement of MergerBank Merger Agreement; and the proper officers and directors of the Surviving Bank are fully authorized in the name of the Bank or otherwise to take any and all such action.

Appears in 2 contracts

Samples: Shareholder Agreement (First Mutual Bancshares Inc), Agreement and Plan of Merger (Washington Federal Inc)

Additional Actions. If, at any time after the Effective Time, the Surviving Bank shall consider that any further assignments or assurances in law or any other acts are necessary or desirable to (i) vest, perfect or confirm, of record or otherwise, in the Surviving Bank its rights, title or interest in, to or under any of the rights, properties or assets of the Company Bank acquired or to be acquired by the Surviving Bank as a result of, or in connection with, the Bank Merger, or (ii) otherwise carry out the purposes of this Agreement Plan of Bank Merger, the Company Bank and its proper officers and directors shall be deemed to have granted to the Surviving Bank an irrevocable power of attorney to execute and deliver all such proper deeds, assignments and assurances in law and to do all acts necessary or proper to vest, perfect or confirm title to and possession of such rights, properties or assets in the Surviving Bank and otherwise to carry out the purposes of this Agreement Plan of Bank Merger; and the proper officers and directors of the Surviving Bank are fully authorized in the name of the Bank Company or otherwise to take any and all such action.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Trinity Capital Corp), Agreement and Plan of Merger (Enterprise Financial Services Corp)

Additional Actions. If, at any time after the Effective Time, the Surviving Bank shall consider that any further assignments or assurances in law or any other acts are necessary or desirable to (i) vest, perfect or confirm, of record or otherwise, in the Surviving Bank its rightsright, title or interest in, to or under any of the rights, properties or assets of the Bank Calnet acquired or to be acquired by the Surviving Bank as a result of, or in connection with, the Merger, or (ii) otherwise carry out the purposes of this Agreement of MergerAgreement, the Bank Calnet, and its proper officers and directors directors, shall be deemed to have granted to the Surviving Bank an irrevocable power of attorney to execute and deliver all such proper deeds, assignments and assurances in law and to do all acts necessary or proper to vest, perfect or confirm title to and possession of such rights, properties or assets in the Surviving Bank and otherwise to carry out the purposes of this Agreement of Merger; Agreement, and the proper officers and directors of the Surviving Bank are fully authorized in the name of the Surviving Bank or otherwise to take any and all such action.

Appears in 1 contract

Samples: Calnet Shareholder Agreement (Commercial Capital Bancorp Inc)

Additional Actions. If, at any time after the Effective Time, the Surviving Bank shall consider that any further assignments or assurances in law or any other acts are necessary or desirable to (ia) vest, perfect or confirm, of record or otherwise, in the Surviving Bank its rights, title or interest in, to or under any of the rights, properties or assets of the Bank Pocono acquired or to be acquired by the Surviving Bank as a result of, or in connection with, the Merger, or (iib) otherwise carry out the purposes of this Agreement of MergerAgreement, the Bank Pocono and its proper officers and directors shall be deemed to have granted to the Surviving Bank an irrevocable power of attorney to (i) execute and deliver all such proper deeds, assignments and assurances in law and to do all acts necessary or proper to vest, perfect or confirm title to and possession of such rights, properties or assets in the Surviving Bank and (ii) otherwise to carry out the purposes of this Agreement of Merger; and the Agreement. The proper officers and directors of the Surviving Bank are fully authorized in the name of the Bank Pocono or otherwise to take any and all such action.

Appears in 1 contract

Samples: Agreement and Plan of Merger (First Keystone Corp)

Additional Actions. If, at any time after the Effective Time, the Surviving Bank shall consider that any further assignments or assurances in law or any other acts are necessary or desirable to (i) vest, perfect or confirm, of record or otherwise, in the Surviving Bank its rights, title or interest in, to or under any of the rights, properties or assets of the CMS Bank acquired or to be acquired by the Surviving Bank as a result of, or in connection with, the Bank Merger, or (ii) otherwise carry out the purposes of this Agreement of MergerBank Merger Agreement, the CMS Bank and its proper officers and directors shall be deemed to have granted to the Surviving Bank an irrevocable power of attorney to execute and deliver all such proper deeds, assignments and assurances assurance in law and to do all acts necessary or proper to vest, perfect or confirm title to and possession of such rights, properties or assets in the Surviving Bank and otherwise to carry out the purposes of this Agreement of MergerBank Merger Agreement; and the proper officers and directors trustees of the Surviving Bank are fully authorized in the name of the CMS Bank or otherwise to take any and all such action.

Appears in 1 contract

Samples: Agreement and Plan of Merger (CMS Bancorp, Inc.)

Additional Actions. If, at any time after the Effective Time, the Surviving Bank shall consider determine that any further assignments or assurances in law or any other acts are necessary or desirable to (ia) vest, perfect or confirm, of record or otherwise, in the Surviving Bank its rights, title or interest in, to or under any of the rights, properties or assets of the Union Bank acquired or to be acquired by the Surviving Bank as a result of, or in connection with, the Bank Merger, or (iib) otherwise carry out the purposes of this Agreement of MergerBank Merger Agreement, the Union Bank and its proper officers and directors shall be deemed to have granted to the Surviving Bank an irrevocable power of attorney to (i) execute and deliver all such proper deeds, assignments and assurances in law and to do all acts necessary or proper to vest, perfect or confirm title to and possession of such rights, properties or assets in the Surviving Bank and (ii) otherwise to carry out the purposes of this Agreement of Merger; and the Bank Merger Agreement. The proper officers and directors of the Surviving Bank are fully authorized in the name of the Union Bank or otherwise to take any and all such action.

Appears in 1 contract

Samples: Agreement and Plan of Merger (FNB Corp/Pa/)

Additional Actions. If, at any time after the Effective Time, the Surviving Bank shall consider determine that any further assignments or assurances in law or any other acts are necessary or desirable to (i) vest, perfect or confirm, of record or otherwise, in the Surviving Bank its rightsright, title or interest in, to or under any of the rights, properties or assets of the Bank FCB acquired or to be acquired by the Surviving Bank as a result of, or in connection with, the Merger, or (ii) otherwise carry out the purposes of this Agreement of MergerAgreement, the Bank FCB and its proper officers and directors directors, shall be deemed to have granted to the Surviving Bank and its proper officers and directors an irrevocable power of attorney to execute and deliver all such proper deeds, assignments and assurances in law and to do all acts necessary or proper to vest, perfect or confirm title to and possession of such rights, properties or assets in the Surviving Bank and otherwise to carry out the purposes of this Agreement of Merger; Agreement, and the proper officers and directors of the Surviving Bank are fully authorized in the name of the Bank Surviving Bank, FCB or otherwise to take any and all such action.

Appears in 1 contract

Samples: Agreement and Plan of Merger (National Bankshares Inc)

Additional Actions. If, at any time after the Effective Time, the Surviving Bank shall consider that any further assignments or assurances in law or any other acts are necessary or desirable to (i) vest, perfect or confirm, of record or otherwise, in the Surviving Bank its rightsright, title or interest in, to or under any of the rights, properties or assets of the Bank PBV acquired or to be acquired by the Surviving Bank as a result of, or in connection with, the Merger, or (ii) otherwise carry out the purposes of this Agreement of MergerAgreement, the Bank PBV and its proper officers and directors directors, shall be deemed to have granted to the Surviving Bank an irrevocable power of attorney attorney, coupled with an interest, to execute and deliver all such proper deeds, assignments and assurances in law and to do all acts necessary or proper to vest, perfect or confirm title to and possession of such rights, properties or assets in the Surviving Bank and otherwise to carry out the purposes of this Agreement of Merger; Agreement, and the proper officers and directors of the Surviving Bank are fully authorized in the name of the Surviving Bank or otherwise to take any and all such action.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (First Community Bancshares Inc /Nv/)

Additional Actions. If, at any time after the Effective Time, the Surviving Bank shall consider that any further assignments or assurances in law assurances, or any other acts are necessary or desirable to (i) vest, perfect or confirm, of record or otherwise, in the Surviving Bank its rights, title or interest in, to or under any of the rights, properties or assets of the Bank acquired or to be acquired by the Surviving Bank as a result of, or in connection with, the Merger, or (ii) otherwise carry out the purposes of this Agreement of Merger, the Bank and its proper officers and directors shall be deemed to have granted to the Surviving Bank an irrevocable power of attorney to execute and deliver all such proper deedsproper·deeds, assignments and assurances in law and to do all acts necessary or proper to vest, perfect or confirm title to and possession of such rights, properties or assets in the Surviving Bank and otherwise to carry out the purposes of this Agreement of Merger; and the proper officers and directors of the Surviving Bank are fully authorized in the name of the Bank or otherwise to take take· any and all such action.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization and Merger (Sierra Bancorp)

Additional Actions. If, at any time after the Effective Time, the Surviving Bank shall consider that any further assignments or assurances in law or any other acts are necessary or desirable to (i) vest, perfect or confirm, of record or otherwise, in the Surviving Bank its rights, title or interest in, to or under any of the rights, properties or assets of the Bank NHBT acquired or to be acquired by the Surviving Bank as a result of, or in connection with, the Merger, or (ii) otherwise carry out the purposes of this Agreement of MergerMerger Agreement, the Bank NHBT and its proper officers and directors shall be deemed to have granted to the Surviving Bank an irrevocable power of attorney to execute and deliver all such proper deeds, assignments and assurances in law and to do all acts necessary or proper to vest, perfect or confirm title to and possession of such rights, properties or assets in the Surviving Bank and otherwise to carry out the purposes of this Agreement of MergerMerger Agreement; and the proper officers and directors of the Surviving Bank are fully authorized in the name of the Bank NHBT or otherwise to take any and all such action.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Emclaire Financial Corp)

Additional Actions. If, at any time after the Effective Time, the Surviving Bank shall consider that any further assignments or assurances in law or any other acts are necessary or desirable to (i) vest, perfect or confirm, of record or otherwise, in the Surviving Bank its rights, title or interest in, to or under any of the rights, properties or assets of the Bank NVSL acquired or to be acquired by the Surviving Bank as a result of, or in connection with, the Bank Merger, or (ii) otherwise carry out the purposes of this Agreement of MergerBank Merger Agreement, the Bank NVSL and its proper officers and directors shall be deemed to have granted to the Surviving Bank an irrevocable power of attorney to execute and deliver all such proper deeds, assignments and assurances assurance in law and to do all acts necessary or proper to vest, perfect or confirm title to and possession of such rights, properties or assets in the Surviving Bank and otherwise to carry out the purposes of this Agreement of MergerBank Merger Agreement; and the proper officers and directors of the Surviving Bank are fully authorized in the name of the Bank NVSL or otherwise to take any and all such action.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Naugatuck Valley Financial Corp)

Additional Actions. If, at any time after the Effective Time, the Surviving Bank shall consider that any further assignments or assurances in law or any other acts are necessary or desirable to (i) vest, perfect or confirm, of record or otherwise, in the Surviving Bank its rights, title or interest in, to or under any of the rights, properties or assets of the Bank BSC acquired or to be acquired by the Surviving Bank as a result of, or in connection with, the Bank Merger, or (ii) otherwise carry out the purposes of this Agreement of MergerBank Merger Agreement, the Bank BSC and its proper officers and directors shall be deemed to have granted to the Surviving Bank an irrevocable power of attorney to execute and deliver all such proper deeds, assignments and assurances assurance in law and to do all acts necessary or proper to vest, perfect or confirm title to and possession of such rights, properties or assets in the Surviving Bank and otherwise to carry out the purposes of this Agreement of MergerBank Merger Agreement; and the proper officers and directors of the Surviving Bank are fully authorized in the name of the Bank BSC or otherwise to take any and all such action.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Southern Connecticut Bancorp Inc)

Additional Actions. If, at any time after the Effective Time, the Surviving Bank shall consider that any further assignments or assurances in law or any other acts are necessary or desirable to (i) vest, perfect or confirm, of record or otherwise, in the Surviving Bank its rights, title or interest in, to or under any of the rights, properties or assets of the First Choice Bank acquired or to be acquired by the Surviving Bank as a result of, or in connection with, the Bank Merger, or (ii) otherwise carry out the purposes of this Agreement Plan of Bank Merger, the First Choice Bank and its proper officers and directors shall be deemed to have granted to the Surviving Bank an irrevocable power of attorney to execute and deliver all such proper deeds, assignments and assurances in law and to do all acts necessary or proper to vest, perfect or confirm title to and possession of such rights, properties or assets in the Surviving Bank and otherwise to carry out the purposes of this Agreement Plan of Bank Merger; and the proper officers and directors of the Surviving Bank are fully authorized in the name of the First Choice Bank or otherwise to take any and all such action.

Appears in 1 contract

Samples: Agreement and Plan of Merger (First Choice Bancorp)

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Additional Actions. If, at any time after the Effective Time, the Surviving Bank shall consider that any further assignments or assurances in law or any other acts are necessary or desirable to (i) vest, perfect or confirm, of record or otherwise, in the Surviving Bank its rights, title or interest in, to or under any of the rights, properties or assets of the Company Bank acquired or to be acquired by the Surviving Bank as a result of, or in connection with, the Bank Merger, or (ii) otherwise carry out the purposes of this Agreement of Merger, the Company Bank and its proper officers and directors shall be deemed to have granted to the Surviving Bank an irrevocable power of attorney to execute and deliver all such proper deeds, assignments and assurances in law and to do all acts necessary or proper to vest, perfect or confirm title to and possession of such rights, properties or assets in the Surviving Bank and otherwise to carry out the purposes of this Agreement of Merger; and the proper officers and directors of the Surviving Bank are fully authorized in the name of the Company Bank or otherwise to take any and all such action.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Home Bancorp, Inc.)

Additional Actions. If, at any time after the Effective Time, the Surviving Bank shall consider that any further assignments or assurances in law or any other acts are necessary or desirable to (i) vest, perfect or confirm, of record or otherwise, in the Surviving Bank its rightsright, title or interest in, to or under any of the rights, properties or assets of the Bank TCB acquired or to be acquired by the Surviving Bank as a result of, or in connection with, the Merger, or (ii) otherwise carry out the purposes of this Agreement of MergerAgreement, the Bank TCB, and its proper officers and directors directors, shall be deemed to have granted to the Surviving Bank an irrevocable power of attorney attorney, coupled with an interest, to execute and deliver all such proper deeds, assignments and assurances in law and to do all acts necessary or proper to vest, perfect or confirm title to and possession of such rights, properties or assets in the Surviving Bank and otherwise to carry out the purposes of this Agreement of Merger; Agreement, and the proper officers and directors of the Surviving Bank are fully authorized in the name of the Surviving Bank or otherwise to take any and all such action.

Appears in 1 contract

Samples: Agreement and Plan of Merger (First Community Bancshares Inc /Nv/)

Additional Actions. If, at any time after the Effective Time, the Surviving Bank shall consider that any further assignments or assurances in law or any other acts are necessary or desirable to (i) vest, perfect or confirm, of record or otherwise, in the Surviving Bank its rights, title or interest in, to or under any of the rights, properties or assets of the Bank Tolland acquired or to be acquired by the Surviving Bank as a result of, or in connection with, the Merger, or (ii) otherwise carry out the purposes of this Agreement and Plan of Merger, the Bank Tolland and its proper officers and directors shall be deemed to have granted to the Surviving Bank an irrevocable power of attorney to execute and deliver all such proper deeds, assignments and assurances in law and to do all acts necessary or proper to vest, perfect or confirm title to and possession of such rights, properties or assets in the Surviving Bank and otherwise to carry out the purposes of this Agreement and Plan of Merger; and the proper officers and directors of the Surviving Bank are fully authorized in the name of the Tolland Bank or otherwise to take any and all such action.

Appears in 1 contract

Samples: Termination and Release Agreement (Alliance Bancorp of New England Inc)

Additional Actions. If, at any time after the Effective Time, the Surviving Bank shall consider that any further assignments or assurances in law or any other acts are necessary or desirable to (ia) vest, perfect or confirm, of record or otherwise, in the Surviving Bank its rights, title or interest in, to or under any of the rights, properties or assets of the Bank FNB acquired or to be acquired by the Surviving Bank as a result of, or in connection with, the Merger, or (iib) otherwise carry out the purposes of this Agreement of MergerAgreement, the Bank FNB and its proper officers and directors shall be deemed to have granted to the Surviving Bank an irrevocable power of attorney to (i) execute and deliver all such proper deeds, assignments and assurances in law and to do all acts necessary or proper to vest, perfect or confirm title to and possession of such rights, properties or assets in the Surviving Bank and (ii) otherwise to carry out the purposes of this Agreement of Merger; and the Agreement. The proper officers and directors of the Surviving Bank are fully authorized in the name of the Bank FNB or otherwise to take any and all such action.

Appears in 1 contract

Samples: Agreement and Plan of Merger (TGR Financial, Inc.)

Additional Actions. If, at any time after the Effective Time, the Surviving Bank shall consider that any further assignments or assurances in law or any other acts are necessary or desirable to (i) vest, perfect or confirm, of record or otherwise, in the Surviving Bank its rights, title or interest in, to or under any of the rights, properties or assets of the First Choice Bank acquired or to be acquired by the Surviving Bank as a result of, or in connection with, the Bank Merger, or (ii) otherwise carry out the purposes of this Agreement Plan of Bank Merger, the First Choice Bank and its proper officers and directors shall be deemed to have granted to the Surviving Bank an irrevocable power of attorney to execute and deliver all such proper deeds, assignments and assurances in law and to do all acts necessary or proper to vest, perfect or confirm title to and possession of such rights, properties or assets in the Surviving Bank and otherwise to carry out the purposes of this Agreement Plan of Bank Merger; and the proper officers and directors of the Surviving Bank are fully authorized in the name of the First Choice Bank or otherwise to take any and all such action.. 124

Appears in 1 contract

Samples: Agreement and Plan of Merger (Enterprise Financial Services Corp)

Additional Actions. If, at any time after the Effective Time, the Surviving Bank shall consider that any further assignments or assurances in law or any other acts are necessary or desirable to (ia) vest, perfect or confirm, of record or otherwise, in the Surviving Bank its rights, title or interest in, to or under any of the rights, properties or assets of the Bank AHB acquired or to be acquired by the Surviving Bank as a result of, or in connection with, the Merger, or (iib) otherwise carry out the purposes of this Agreement of MergerAgreement, the Bank AHB and its proper officers and directors shall be deemed to have granted to the Surviving Bank an irrevocable power of attorney to (i) execute and deliver all such proper deeds, assignments and assurances in law and to do all acts necessary or proper to vest, perfect or confirm title to and possession of such rights, properties or assets in the Surviving Bank and (ii) otherwise to carry out the purposes of this Agreement of Merger; and the Agreement. The proper officers and directors of the Surviving Bank are fully authorized in the name of the Bank AHB or otherwise to take any and all such action.

Appears in 1 contract

Samples: Agreement and Plan of Merger (First Chester County Corp)

Additional Actions. If, at any time after the Effective Time, the Surviving Bank shall consider that any further assignments or assurances in law or any other acts are necessary or desirable to (i) vest, perfect or confirm, of record or otherwise, in the Surviving Bank its rights, title or interest in, to or under any of the rights, properties or assets of the Seller Bank acquired or to be acquired by the Surviving Bank as a result of, or in connection with, with the Merger, or (ii) otherwise carry out the purposes of this Agreement of MergerAgreement, the Seller Bank and its proper officers and directors shall be deemed to have granted to the Surviving Bank an irrevocable power of attorney to execute and deliver all such proper deeds, assignments and assurances in law and to do all acts necessary or proper desirable to vest, perfect or confirm title to and possession of such rights, properties or assets in the Surviving Bank and otherwise to carry out the purposes of this Agreement of MergerAgreement; and the proper officers and directors of the Surviving Bank are fully authorized in the name of the Seller Bank or otherwise to take any and all such actionaction and execute any and all such documents.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Community Bancorp /Vt)

Additional Actions. If, at any time after the Effective Time, the Surviving Bank shall consider that any further assignments or assurances in law or any other acts are necessary or desirable to (i) vest, perfect or confirm, of record or otherwise, in the Surviving Bank its rights, title or interest in, to or under any of the rights, properties or assets of the Community First Bank acquired or to be acquired by the Surviving Bank as a result of, or in connection with, the Bank Merger, or (ii) otherwise carry out the purposes of this Agreement of MergerMerger Agreement, the Community First Bank and its proper officers and directors shall be deemed to have granted to the Surviving Bank an irrevocable power of attorney to execute and deliver all such proper deeds, assignments and assurances in law and to do all acts necessary or proper to vest, perfect or confirm title to and possession of such rights, properties or assets in the Surviving Bank and otherwise to carry out the purposes of this Agreement of MergerMerger Agreement; and the proper officers and directors of the Surviving Bank are fully authorized in the name of the Community First Bank or otherwise to take any and all such action.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Emclaire Financial Corp)

Additional Actions. If, at any time after the Effective Time, the Surviving Bank shall consider that any further assignments or assurances in law or any other acts are necessary or desirable to (i) vest, perfect or confirm, of record or otherwise, in the Surviving Bank its rightsright, title or interest in, to or under any of the rights, properties or assets of the Bank VCB acquired or to be acquired by the Surviving Bank as a result of, or in connection with, the Merger, or (ii) otherwise carry out the purposes of this Agreement of MergerAgreement, the Bank VCB and its proper officers and directors directors, shall be deemed to have granted to the Surviving Bank an irrevocable power of attorney attorney, coupled with an interest, to execute and deliver all such proper deeds, assignments and assurances in law and to do all acts necessary or proper to vest, perfect or confirm title to and possession of such rights, properties or assets in the Surviving Bank and otherwise to carry out the purposes of this Agreement of Merger; Agreement, and the proper officers and directors of the Surviving Bank are fully authorized in the name of the Surviving Bank or otherwise to take any and all such action.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Eastern Virginia Bankshares Inc)

Additional Actions. If, at any time after the Effective Time, the Surviving Bank shall consider determine that any further assignments or assurances in law or any other acts are necessary or desirable to (i) vest, perfect or confirm, of record or otherwise, in the Surviving Bank its rightsright, title or interest in, to or under any of the rights, properties or assets of the Bank CNB acquired or to be acquired by the Surviving Bank as a result of, or in connection with, the Merger, or (ii) otherwise carry out the purposes of this Agreement of MergerAgreement, the Bank CNB and its proper officers and directors directors, shall be deemed to have granted to the Surviving Bank and its proper officers and directors an irrevocable power of attorney to execute and deliver all such proper deeds, assignments and assurances in law and to do all acts necessary or proper to vest, perfect or confirm title to and possession of such rights, properties or assets in the Surviving Bank and otherwise to carry out the purposes of this Agreement of Merger; Agreement, and the proper officers and directors of the Surviving Bank are fully authorized in the name of the Bank Surviving Bank, CNB or otherwise to take any and all such action.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Old Point Financial Corp)

Additional Actions. If, at any time after the Effective Time, the Surviving Bank shall consider that any further assignments or assurances in law or any other acts are necessary or desirable to (i) vest, perfect or confirm, of record or otherwise, in the Surviving Bank its rights, title or interest in, to or under any of the rights, properties or assets of the Bank WB acquired or to be acquired by the Surviving Bank as a result of, or in connection with, the Bank Merger, or (ii) otherwise carry out the purposes of this Agreement of MergerBank Merger Agreement, the Bank WB and its proper officers and directors shall be deemed to have granted to the Surviving Bank an irrevocable power of attorney to execute and deliver all such proper deeds, assignments and assurances in law and to do all acts necessary or proper to vest, perfect or confirm title to and possession of such rights, properties or assets in the Surviving Bank and otherwise to carry out the purposes of this Agreement of MergerBank Merger Agreement; and the proper officers and directors of the Surviving Bank are fully authorized in the name of the Bank WB or otherwise to take any and all such action.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Newalliance Bancshares Inc)

Additional Actions. If, at any time after the Effective TimeDate, the Surviving Bank shall consider determine that any further assignments or assurances in law or any other acts are necessary or desirable to (i) vest, perfect perfect, or confirm, of or record or otherwise, in the Surviving Bank its rights, title title, or interest in, to to, or under any of the rights, properties properties, or assets of the Bank each merging bank acquired or to be acquired by the Surviving Bank as a result of, or in connection with, the MergerReorganization, or (ii) to otherwise carry out the purposes of this Agreement of MergerAgreement, the Bank then each merging bank and its proper officers and directors shall be deemed to have granted to the Surviving Bank an irrevocable power of attorney to execute and deliver all such proper deeds, assignments assignments, releases, and assurances in law and to do all acts necessary or proper to vest, perfect perfect, or confirm title to and possession of such the rights, properties properties, or assets in the Surviving Bank and to otherwise to carry out the purposes of this Agreement of Merger; and the Agreement. The proper officers and directors of the Surviving Bank are fully authorized in the name of the Bank or otherwise each merging bank to take any and all such actionactions as may be contemplated by this Agreement.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (American Community Bancorp, Inc.)

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