ANSON HERITAGE Sample Clauses

ANSON HERITAGE. At the Uwharrie Merger Effective Time and by reason ox xxx Xxharrie Merger, and in accordance with N.C. GEN. STAT. SS. 55-11-06, all of Anson Heritage's property, assets and rights of every kind and character (including without limitation all real, personal or mixed property, all debts due on whatever account, all other choses in action and all and every other interest of or belonging to or due to Anson Heritage, whether tangible or intangible) shall be transferred to and vest in Uwharrie, and Uwharrie shall succeed to all the rights, privileges, immunities, powers, purposes and franchises of a public or private nature of Anson Heritage, all without any conveyance, assignment or further act or deed; and Uwharrie shall become responsible for all of the liabilities, duties and obligations of every kind, nature and description of Anson Heritage as of the Uwharrie Merger Effective Time.
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