Common use of Valley Common Stock Clause in Contracts

Valley Common Stock. The shares of Valley Common Stock to be issued hereunder pursuant to the Merger, will be duly and validly reserved for issuance, and when issued in accordance with the terms of this Agreement, will be duly authorized and validly issued, fully paid, nonassessable, free of preemptive rights and free and clear of all Liens created by or through Valley, with no personal liability attaching to the ownership thereof.

Appears in 5 contracts

Samples: Agreement and Plan of Merger (Valley National Bancorp), Agreement and Plan of Merger, Agreement and Plan of Merger (Oritani Financial Corp)

AutoNDA by SimpleDocs

Valley Common Stock. The Subject to approval by Valley shareholders of the Valley Charter Amendment, the shares of Valley Common Stock to be issued hereunder pursuant to the Merger, will be duly and validly reserved for issuance, and when issued in accordance with the terms of this Agreement, will be duly authorized and validly issued, fully paid, nonassessable, free of preemptive rights and free and clear of all Liens created by or through Valley, with no personal liability attaching to the ownership thereof.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Valley National Bancorp), Agreement and Plan of Merger (1st United Bancorp, Inc.)

AutoNDA by SimpleDocs

Valley Common Stock. The As of the date hereof, Valley has available and reserved shares of Valley Common Stock sufficient for issuance pursuant to the Merger. The Valley Common Stock to be issued hereunder pursuant to the Merger, will be duly and validly reserved for issuance, and when issued in accordance with the terms of this Agreement, Merger will be duly authorized and validly issued, fully paid, nonassessable, free of preemptive rights and free and clear of all Liens liens, encumbrances or restrictions created by or through Valley, with no personal liability attaching to the ownership thereof. 4.10.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Valley National Bancorp)

Time is Money Join Law Insider Premium to draft better contracts faster.