Corporators Sample Clauses
The 'Corporators' clause defines the individuals or entities who are recognized as the founding members or incorporators of a corporation. It typically lists the names and addresses of these persons, establishing their authority to form the corporation and sign the articles of incorporation. This clause ensures legal clarity regarding who is responsible for the initial creation of the corporation and helps prevent disputes about the corporation's origins or legitimacy.
POPULAR SAMPLE Copied 1 times
Corporators persons who compose the corporation whether as stockholders or members.
Corporators. This Agreement has been duly and validly executed and delivered by 1855 Bancorp and, assuming due authorization, execution and delivery by Sandwich, constitutes a legal, valid and binding obligation of 1855 Bancorp which is enforceable against 1855 Bancorp in accordance with its terms, subject, as to enforceability, to bankruptcy, insolvency and other laws of general applicability relating to or affecting creditors' rights and to general equity principles.
Corporators. Priests and/or Religious;
Corporators dated , 2003, relating to the Conversion (the “Corporator Statement”) and the Prospectus (such Notice of Conversion, as amended to date, if applicable, and as from time to time amended or supplemented hereafter, is hereinafter referred to as the “FDIC Notice”). The Department has, by order dated , 2003, approved the Connecticut Application, such approval remains in full force and effect and no order has been issued by the Department suspending or revoking such approval and no proceedings therefor have been initiated or, to the knowledge of the Company or the Bank, threatened by the Department. The FDIC has, by letter dated , 2003, issued a notice of its intention not to object to the Conversion, and such non-objection remains in full force and effect and no order has been issued by the FDIC suspending or revoking such approval and no proceedings therefor have been initiated or, to the knowledge of the Company or the Bank, threatened by the FDIC. In addition, on July 21, 2003, the Bank filed an application with the FDIC requesting the FDIC to waive its requirement for a depositor vote on the Conversion. The FDIC granted a waiver of the depositor vote requirement on November 14, 2003. At the date of such approval by the Department and the issuance of such letter of non-objection by the FDIC, and at the Closing Time referred to in Section 2, the Connecticut Application and the FDIC Notice each complied and will comply in all material respects with the applicable provisions of the Conversion Regulations.
