Common use of Organization of Merger Sub Clause in Contracts

Organization of Merger Sub. Buyer shall cause Merger Sub to be organized under the OGCL as soon as practicable hereafter. Following the organization, the Board of Directors of Merger Sub shall approve this Agreement and the transactions contemplated hereby, whereupon Merger Sub shall become a party to, and be bound by, this Agreement, and Buyer shall approve this Agreement in its capacity as the sole stockholder of Merger Sub.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Advance Financial Bancorp), Agreement and Plan of Merger (Ohio State Financial Services Inc)

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Organization of Merger Sub. Buyer Bank shall cause Merger Sub to be organized under the OGCL as soon as practicable hereafter. Following the organization, the Board of Directors of Merger Sub shall approve this Agreement and the Plan of Corporate Merger and the transactions contemplated hereby, whereupon Merger Sub shall become a party to, and be bound by, this Agreement, and Buyer Bank shall approve this Agreement in its capacity as the sole stockholder shareholder of Merger Sub.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Potters Financial Corp), Agreement and Plan of Merger (United Community Financial Corp)

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Organization of Merger Sub. 34 39 Buyer shall cause Merger Sub to be organized under the OGCL as soon as practicable hereafter. Following the organization, the Board of Directors of Merger Sub shall approve this Agreement and the Plan of Corporate Merger and the transactions contemplated hereby, whereupon Merger Sub shall become a party to, and be bound by, this Agreement, and Buyer shall approve this Agreement in its capacity as the sole stockholder of Merger Sub.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Industrial Bancorp Inc)

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