Successor Organization Sample Clauses

Successor Organization. If we merge with, purchase, or are acquired by, another organization, such organization, if qualified, may automatically become the successor custodian or trustee of your IRA.
Successor Organization. The obligations of the Corporation and the Bank as set forth herein shall continue to be the obligation of any successor organization, any organization which purchases substantially all of the liabilities of the Corporation or the Bank, as well as any organization which assumes substantially all of the liabilities of the Corporation or the Bank whether by merger, consolidation, or other form of business
Successor Organization. If we merge with, purchase, or are beneficiary after your death, to elect a distribution reason, provide acquired by, another organization, such organization, if qualified, documentation, and provide a proper tax identification number before may automatically become the successor custodian or trustee of your we process a distribution. These withdrawals may be subject to SIMPLE IRA. taxes, withholding, and penalties. Distributions may be in cash or in 8.19 Folio as Broker-Dealer. In establishing this SIMPLE IRA, you also kind based on our policies. In-kind distributions will be valued are establishing a brokerage relationship with Folio and this according to our policies at the time of the distribution. agreement is a part of and is incorporated into the Folio Customer Required minimum distributions will be based on Treasury Agreement applicable to this SIMPLE IRA. Investment instructions Regulations 1.401(a)(9) and 1.408-8 in addition to our then current with respect to your SIMPLE IRA are to be provided to Folio in the policies and procedures. The required minimum distribution form and manner acceptable to Folio.
Successor Organization. If we merge with, purchase, or are nominee custodian and Folio as sub-custodian.
Successor Organization. In the event that DCPCA transfers the licensing for the CPC-HIE System to another entity (“the Successor Organization”), this Agreement, including all amendments, shall transfer to the Successor Organization.
Successor Organization. If the Financial Organization is merged with or bought by another organization, the successor organization may continue to receive the products and services set forth in this Agreement if it desires and UPI so consents.
Successor Organization. The obligations of the Corporation and the Bank as set forth herein shall continue to be the obligation of any successor organization, and any organization which purchases substantially all of the assets of the Corporation, whether by merger, consolidation, or other form of business combination. This Agreement is personal to the Officer and the Officer may not delegate his or her duties hereunder.

Related to Successor Organization

  • Incorporation and Organization The Corporation has been incorporated and organized and is a valid and subsisting corporation under the laws of its jurisdiction of incorporation and has all requisite corporate power and authority to carry on its business as now conducted or proposed to be conducted and to own or lease and operate the property and assets thereof and the Corporation has all requisite corporate power and authority to enter into, execute and deliver this Agreement and to carry out the obligations thereof hereunder.

  • Due Organization The Company is a corporation duly incorporated and organized, validly existing and in good standing under the laws of the State of Incorporation, and has the requisite power and authority to carry on its business as it is now being conducted. The Company is duly qualified to do business and is in good standing in each jurisdiction in which the nature of its business or the ownership or leasing of its properties makes such qualification necessary, except (i) as set forth on Schedule 5.1 or (ii) where the failure to be so authorized or qualified would not have a material adverse effect on the business, operations, properties, assets or condition (financial or otherwise), of the Company taken as a whole (as used herein with respect to the Company, or with respect to any other Person, a "Material Adverse Effect"). Schedule 5.1 sets forth a list of all jurisdictions in which the Company is authorized or qualified to do business. True, complete and correct copies of (i) the Certificate of Incorporation and By-laws, each as amended, of the Company (the "Charter Documents"), and (ii) the stock records of the Company, are all attached to Schedule 5.1. The Company has delivered complete and correct copies of all minutes of meetings, written consents and other evidence, if any, of deliberations of or actions taken by the Company's Board of Directors and stockholders during the last five years.

  • Corporate Organization (a) The Company is a corporation duly organized, validly existing and in good standing under the Laws of the State of New Jersey. The Company has the corporate power and authority to own or lease all of its properties and assets and to carry on its business as it is now being conducted, and is duly licensed or qualified to do business in each jurisdiction in which the nature of the business conducted by it or the character or location of the properties and assets owned or leased by it makes such licensing or qualification necessary, except where the failure to be so licensed or qualified would not have a Material Adverse Effect on the Company. The Company is registered as a bank holding company under the Bank Holding Company Act of 1956, as amended (the “BHCA”). Copies of the certificate of incorporation and by-laws of the Company have previously been delivered to Parent’s counsel (with a designation that such copies have been delivered pursuant to Section 3.1(a) of the then current draft of this Agreement); such copies are true and complete copies of such documents as in effect as of the date of this Agreement.

  • Corporate Organization, Etc The Stockholder is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware, with full corporate power to own its assets and to conduct its business as it is now being conducted. The Companies are corporations duly organized, validly existing and in good standing under the laws of their respective jurisdictions of incorporation as set forth in Schedule 3.1 hereto, with full corporate power to own their respective assets and to conduct their respective businesses as they are now being conducted. The Companies are, or as of the Closing will be, qualified or licensed to conduct their businesses and are in good standing in each of the jurisdictions set forth on Schedule 3.1 hereto, which constitute the only jurisdictions where the nature of their activities or the character of the properties utilized in their businesses make such qualification or licensing necessary, except for jurisdictions in which the Companies' failure to be so qualified or licensed and in good standing would not have a Material Adverse Effect on any of the Companies individually or the Companies as a whole. Except as set forth on Schedule 3.1, the Companies do not have any Subsidiaries.