Common use of CCB Clause in Contracts

CCB. This Agreement shall inure to the benefit of and be binding upon CCB and its successors and assigns. CCB will require any successor (whether direct or indirect, by purchase, merger, consolidation or otherwise) to all or substantially all of the business and/or assets of CCB to assume expressly and agree to perform this Agreement in the same manner and to the same extent that CCB would be required to perform it if no such succession had taken place. As used in this Agreement, "CCB" shall mean CCB as hereinbefore defined and any successor to its business and/or assets as aforesaid which assumes and agrees to perform this Agreement by operation of law or otherwise.

Appears in 2 contracts

Samples: Employment Agreement (CCB Financial Corp), Employment Agreement (CCB Financial Corp)

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CCB. This Agreement shall inure to the benefit of and be binding upon CCB and its successors and assigns. CCB will require any successor (whether direct or indirect, by purchase, merger, consolidation or otherwise) to all or substantially all of the business and/or assets of CCB to assume expressly and agree to perform this Agreement in the same manner and to the same extent that CCB would be required to perform it if no such succession had taken place. As used in this Agreement, "CCB" shall mean CCB as hereinbefore defined and any successor to its business and/or assets as aforesaid which assumes and agrees to perform this Agreement by operation of law or otherwise. 13.

Appears in 1 contract

Samples: Employment Agreement (CCB Financial Corp)

CCB. This Agreement shall inure to the benefit of and be binding upon CCB and its successors and assigns. CCB will require any successor (whether direct or indirect, by purchase, merger, consolidation or otherwise) to all or substantially all of the business and/or assets of CCB to assume expressly and agree to perform this Agreement in the same manner and to the same extent that CCB would be required to perform it if no such succession had taken place. As used in this Agreement, "CCB" shall mean CCB as hereinbefore defined and any successor to its business and/or assets as aforesaid which assumes and agrees to perform this Agreement by operation of law or otherwise.7

Appears in 1 contract

Samples: Employment Agreement (CCB Financial Corp)

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CCB. This Agreement shall inure to the benefit of and be binding upon CCB and its successors and assigns. CCB will require any successor (whether direct or indirect, by purchase, merger, consolidation or otherwise) to all or substantially all of the its business and/or assets of CCB to assume expressly and agree to perform this Agreement in the same manner and to the same extent that CCB would be required to perform it if no such succession had taken place. As used in this Agreement, "CCB" shall mean CCB as hereinbefore defined and any successor to its business businesses and/or assets as aforesaid which assumes and agrees to perform this Agreement by operation of law or otherwise.

Appears in 1 contract

Samples: Employment Agreement (CCB Financial Corp)

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