Common use of Other Rights or Obligations Clause in Contracts

Other Rights or Obligations. All of the issued and outstanding shares of capital stock of WSFS have been duly authorized and are validly issued, and are fully paid and nonassessable and free of preemptive rights, with no personal liability attaching to the ownership thereof. None of the outstanding shares of capital stock of WSFS has been issued in violation of or subject to any preemptive rights or other rights to subscribe for or purchase securities of the current or past stockholders of WSFS.

Appears in 4 contracts

Samples: Agreement and Plan of Merger (Bryn Mawr Bank Corp), Agreement and Plan of Reorganization (WSFS Financial Corp), Agreement and Plan of Reorganization (Beneficial Bancorp Inc.)

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