Common use of Execute Instruments Clause in Contracts

Execute Instruments. When authorized by the Board of Directors or required by law (except where the signing and execution thereof is delegated by the Board of Directors to other officers of the Corporation), execute in the name of the Corporation, deeds, conveyances, warrants, promissory notes, debentures, contracts, and other papers and instruments in writing, including any of the foregoing given under seal, and unless the Board of Directors shall order otherwise by resolution, make and execute such contracts as the ordinary conduct of the Corporation’s business may require.

Appears in 1 contract

Sources: Merger Agreement (Customers Bancorp, Inc.)

Execute Instruments. When authorized by the Board of Directors or required by law (except where the signing and execution thereof is delegated by the Board of Directors to other officers of the Corporation)law, execute in the name of the Corporation, deeds, conveyances, notices, leases, checks, drafts, bills of exchange, warrants, promissory notes, debentures, contracts, and other papers and instruments in writing, including any of the foregoing given under seal, and unless the Board of Directors shall order otherwise by resolution, make and execute such contracts as the ordinary conduct of the Corporation’s business may require.

Appears in 1 contract

Sources: Merger Agreement (CMS Bancorp, Inc.)