Representations and Warranties of Grantee. Grantee hereby represents and warrants to Issuer that Grantee has full corporate power and authority to enter into this Agreement and, subject to obtaining the approvals referred to in this Agreement, to consummate the transactions contemplated by this Agreement; the execution and delivery of this Agreement and the consummation of the transactions contemplated hereby have been duly authorized by all necessary corporate action on the part of Grantee; and this Agreement has been duly executed and delivered by Grantee.
Appears in 11 contracts
Samples: Stock Option Agreement (JSB Financial Inc), Stock Option Agreement (North Fork Bancorporation Inc), Stock Option Agreement (Peoples Bank)
Representations and Warranties of Grantee. Grantee hereby represents and warrants to Issuer that Grantee has full all requisite corporate power and authority to enter into this Agreement and, subject to obtaining the any approvals or consents referred to in this Agreementherein, to consummate the transactions contemplated by this Agreement; the hereby. The execution and delivery of this Agreement and the consummation of the transactions contemplated hereby have been duly authorized by all necessary corporate action on the part of Grantee; , and this Agreement has been duly executed and delivered by Grantee.
Appears in 7 contracts
Samples: Reorganization and Merger Agreement (Cecil Bancorp Inc), Stock Option Agreement (Cecil Bancorp Inc), Stock Option Agreement (First Financial Corp of Western Maryland)
Representations and Warranties of Grantee. Grantee hereby ----------------------------------------- represents and warrants to Issuer that Grantee has full corporate power and authority to enter into this Agreement and, subject to obtaining the approvals referred to in this Agreement, to consummate the transactions contemplated by this Agreement; the execution and delivery of this Agreement and the consummation of the transactions contemplated hereby have been duly authorized by all necessary corporate action on the part of Grantee; and this Agreement has been duly executed and delivered by Grantee.
Appears in 2 contracts
Samples: Stock Option Agreement (Roslyn Bancorp Inc), Stock Option Agreement (Roslyn Bancorp Inc)
Representations and Warranties of Grantee. (a) Grantee hereby represents and warrants to Issuer that Grantee has full corporate power and authority to enter into this Agreement and, subject to obtaining the approvals referred to in this Agreement, to consummate the transactions contemplated by this Agreement; the execution and delivery of this Agreement and the consummation of the transactions contemplated hereby have been duly authorized by all necessary corporate action on the part of Grantee; and this Agreement has been duly executed and delivered by Grantee.
Appears in 1 contract