Common use of Authorization of Merger Clause in Contracts

Authorization of Merger. All actions necessary to authorize ----------------------- the execution, delivery and performance of this Agreement and the Agreement of Merger by BAB and the consummation of the transactions contemplated hereby and thereby shall have been duly and validly taken by the Board of Directors and shareholders of BAB, and BAB shall have full power and right to merge pursuant to the Agreement of Merger.

Appears in 2 contracts

Samples: Agreement and Plan (Bay Area Bancshares), Agreement and Plan (Greater Bay Bancorp)

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Authorization of Merger. All actions necessary to authorize the ----------------------- the execution, delivery and performance of this Agreement and the Agreement of Merger by BAB BOP and the consummation of the transactions contemplated hereby and thereby shall have been duly and validly taken by the Board of Directors and shareholders of BABBOP, and BAB BOP shall have full power and right to merge pursuant to the Agreement of Merger.

Appears in 1 contract

Samples: Agreement and Plan (Greater Bay Bancorp)

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Authorization of Merger. All actions necessary to authorize ----------------------- the execution, delivery and performance of this Agreement and ------------------------ the Agreement of Merger by BAB CBB and Security Acquisition and the consummation of the transactions contemplated hereby and thereby shall have been duly and validly taken by the Board of Directors of CBB and shareholders of BABSecurity Acquisition, as required by applicable law, and BAB Security Acquisition shall have full power and right to merge pursuant to the Agreement of Merger.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (CVB Financial Corp)

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