Abandonment of Merger. Any time prior to the effective date, this merger may be abandoned without further obligation or liability by action of the board of directors of either of the Constituent Corporations.
Abandonment of Merger. This Plan of Merger may be terminated and the Merger abandoned at any time prior to the Effective Time (notwithstanding that approval of this Plan of Merger by the stockholders of First Evergreen may have previously been obtained) as follows:
Abandonment of Merger. The rights and obligations of the Constituent Corporations under this Agreement may be terminated and the Merger abandoned prior to the Effective Time by the mutual agreement of the Board of Directors of both of the Constituent Corporations.
Abandonment of Merger. The Constituent Corporations have the power to abandon the Merger by mutual written consent prior to the filing of this Agreement with the California Secretary of State.
Abandonment of Merger. In the event that the Merger Agreement is terminated and the Merger abandoned pursuant to Article VII of the Merger Agreement, no party hereto not in breach of its obligations hereunder shall have any liability to any other party, including, but not limited to, liability for expenses incurred by any such other party in connection with this Agreement.
Abandonment of Merger. Anything herein or elsewhere to the contrary notwithstanding, this Agreement may be abandoned by actions of the Board of Directors of the Surviving Corporation or members of the Merged Company at any time prior to the Effective Date, whether before or after submission to their respective shareholders or members.
Abandonment of Merger. The Constituent Companies may abandon the Merger and terminate this Plan of Merger, notwithstanding the authorization of the Merger by the Board of Directors or the Sole Member of the Constituent Companies (as the case may be), subject to any contractual rights, at any time prior to the Effective Time, by action of the Board of Directors or the Sole Member of each of the Constituent Companies, as evidenced by appropriate resolutions.
Abandonment of Merger. This Agreement and Plan of Merger shall be terminated and abandoned without further action by the parties hereto in the event that the Reorganization Agreement is terminated in accordance with its terms, and in such event this Agreement and Plan of Merger shall have no further force and there shall be no liability on the part of the parties hereto to each other, except to the extent otherwise provided in the Reorganization Agreement.
Abandonment of Merger. Pursuant to the terms of Article Five, at any time prior to the approval of the Merger by the Commissioner of the Iowa Insurance Division and the Commissioner of the Wisconsin Office of the Commis- sioner of Insurance, notwithstanding the approval thereof by the supreme governing body of each Party, the Merger and all transactions contemplated by this Agreement may be aban- doned and this Agreement terminated following proper Notice.
Abandonment of Merger. Subject to Article IX, at any time before the Effective Time, this Agreement may be terminated and the Merger may be abandoned by the Board of Directors of Parent, notwithstanding the approval of this Agreement by its shareholders, or by the Company, by the Members.
