Authorization; Binding Effect. Each of the parties hereto represents and warrants that this Bank Merger Agreement has been duly authorized, executed and delivered by such party and, assuming the due authorization, execution and delivery by all other parties to this Bank Merger Agreement, constitutes the legal, valid and binding obligation of such party, enforceable against it in accordance with the terms hereof.
Appears in 7 contracts
Samples: Agreement and Plan of Merger (Eastern Virginia Bankshares Inc), Affiliate Agreement (Xenith Bankshares, Inc.), Affiliate Agreement (Union Bankshares Corp)