Common use of Corporate Power; Minute Books Clause in Contracts

Corporate Power; Minute Books. Each of Buyer and Buyer Bank has the corporate power and authority to carry on its business as it is now being conducted and to own all its properties and assets; and each of Buyer and Buyer Bank has the corporate power and authority to execute, deliver and perform its obligations under this Agreement and to consummate the transactions contemplated hereby, subject to receipt of all necessary approvals of Governmental Authorities. The minute books of Buyer contain true, complete and accurate records of all meetings and other corporate actions held or taken by shareholders of Buyer and the Buyer Board (including committees of the Buyer Board).

Appears in 1 contract

Samples: Agreement and Plan of Merger (New Hampshire Thrift Bancshares Inc)

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Corporate Power; Minute Books. Each of Buyer and Buyer Bank its Subsidiaries has the corporate power and authority to carry on its business as it is now being conducted and to own all its properties and assets; and each of Buyer and Buyer Bank has the corporate power and authority to execute, deliver and perform its obligations under this Agreement and to consummate the transactions contemplated hereby, subject to receipt of all necessary approvals of Governmental Authorities. The minute books of Buyer contain true, complete and accurate records of all meetings and other corporate actions held or taken by shareholders of Buyer and the Buyer Board (including committees of the Buyer Board).

Appears in 1 contract

Samples: Agreement and Plan of Merger (New Hampshire Thrift Bancshares Inc)

Corporate Power; Minute Books. Each of Buyer and Buyer Bank has have the corporate power and authority to carry on its their business as it is now being conducted and to own all its their properties and assets; and each of Buyer and Buyer Bank has the corporate power and authority to execute, deliver and perform its obligations under this Agreement and to consummate the transactions contemplated hereby, subject to receipt of all necessary approvals of Governmental Authorities. The minute books of Buyer and Buyer Bank contain true, complete and accurate records of all meetings and other corporate actions held or taken by the shareholders of Buyer and the Board of Directors of Buyer Board (including committees of the Buyer BoardBuyer’s Board of Directors).

Appears in 1 contract

Samples: Settlement Agreement (Independent Bank Corp)

Corporate Power; Minute Books. Each of Buyer and Buyer Bank has have the corporate power and authority to carry on its their business as it is now being conducted and to own all its their properties and assets; and each of Buyer and Buyer Bank has the corporate power and authority to execute, deliver and perform its obligations under this Agreement and to consummate the transactions contemplated hereby, subject to receipt of all necessary approvals of Governmental Authorities. The minute books of Buyer and Buyer Bank contain true, complete and accurate records of all meetings and other corporate actions held or taken by the shareholders of Buyer and the Board of Directors of Buyer Board (including committees of the Buyer BoardBuyer’s Board of Directors).

Appears in 1 contract

Samples: Agreement and Plan of Merger (Independent Bank Corp)

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Corporate Power; Minute Books. Each of Buyer and Buyer Bank has have the corporate power and authority to carry on its their business as it is now being conducted and to own all its their properties and assets; and each of Buyer and Buyer Bank has the corporate power and authority to execute, deliver and perform its obligations under this Agreement and to consummate the transactions contemplated hereby, subject to receipt of all necessary approvals of Governmental Authorities. The minute books of Buyer and Buyer Bank contain true, complete and accurate records of all meetings and other corporate actions held or taken by the shareholders of Buyer and the Board of Directors of Buyer Board (including committees of the Buyer BoardBuyer's Board of Directors).

Appears in 1 contract

Samples: Agreement and Plan of Merger (Slades Ferry Bancorp)

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