Common use of Corporate Power Clause in Contracts

Corporate Power. Each of Buyer and its Subsidiaries has the corporate power and authority to carry on its business as it is now being conducted and to own all of its properties and assets; and Buyer has the corporate power and authority to execute and deliver this Agreement, to perform its obligations under this Agreement and to consummate the transactions contemplated hereby.

Appears in 12 contracts

Samples: Agreement and Plan of Merger (Brookline Bancorp Inc), Agreement and Plan of Merger (PCSB Financial Corp), Agreement and Plan of Merger (DCB Financial Corp)

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Corporate Power. Each of Buyer and its Subsidiaries has the all requisite corporate power and authority to own, operate and lease its properties, to carry on its business businesses as it is and where such are now being conducted and to own all of its properties and assets; and Buyer has the corporate power and authority to execute and deliver this Agreement, to perform its obligations under this Agreement and to consummate the transactions contemplated herebyconducted.

Appears in 12 contracts

Samples: Acquisition Agreement (Outback Steakhouse Inc), Acquisition Agreement (Outback Steakhouse Inc), Acquisition Agreement (Outback Steakhouse Inc)

Corporate Power. Each of Buyer and its Subsidiaries Purchaser has the all requisite corporate power and authority to own, operate and lease its properties, to carry on its business as it and where such is now being conducted and to own all of its properties and assets; and Buyer has the corporate power and authority to execute and deliver this Agreementconducted, to perform its obligations under enter into this Agreement and the other documents and instruments to consummate be executed and delivered by Purchaser pursuant hereto and to carry out the transactions contemplated herebyhereby and thereby.

Appears in 9 contracts

Samples: Stock Purchase and Sale Agreement (Healthcare Capital Corp), Stock Purchase and Sale Agreement (Healthcare Capital Corp), Stock Purchase and Sale Agreement (Healthcare Capital Corp)

Corporate Power. Each of (a) Buyer and its Subsidiaries has Buyer Bank have the corporate power and authority to carry on its their business as it is now being conducted and to own all of its their properties and assets; and each of Buyer and Buyer Bank has the corporate power and authority to execute execute, deliver and deliver this Agreement, to perform its obligations under this Agreement and to consummate the transactions contemplated hereby, subject to receipt of all necessary approvals of Governmental Authorities.

Appears in 8 contracts

Samples: Agreement and Plan of Merger (Eagle Bancorp Montana, Inc.), Agreement and Plan of Merger (Eagle Bancorp Montana, Inc.), Agreement and Plan of Merger (Eagle Bancorp Montana, Inc.)

Corporate Power. Each of Buyer the Company and its Subsidiaries has the corporate power and authority to carry on its business as it is now being conducted and to own all of its properties and assets; and Buyer the Company has the corporate power and authority to execute and deliver this Agreement, to perform its obligations under this Agreement and to consummate the transactions contemplated hereby.

Appears in 7 contracts

Samples: Separation Agreement and Release (Randolph Bancorp, Inc.), Agreement and Plan of Merger (Brookline Bancorp Inc), Agreement and Plan of Merger (Bancorp Rhode Island Inc)

Corporate Power. Each of Buyer the Company and its Subsidiaries has the corporate power and authority to carry on its business as it is now being conducted and to own all of its properties and assets; assets and Buyer the Company has the corporate power and authority to execute and deliver this Agreement, to perform its obligations under this Agreement and to consummate the transactions contemplated hereby.

Appears in 6 contracts

Samples: Agreement and Plan of Merger (CNB Financial Corp/Pa), Agreement and Plan of Merger (First Commonwealth Financial Corp /Pa/), Agreement and Plan of Merger (DCB Financial Corp)

Corporate Power. Each of Buyer and its Subsidiaries has Buyer Bank have the corporate power and authority to carry on its their business as it is now being conducted and to own all of its their properties and assets; and each of Buyer and Buyer Bank has the corporate power and authority to execute execute, deliver and deliver this Agreement, to perform its obligations under this Agreement and to consummate the transactions contemplated hereby, subject to receipt of all necessary approvals of Governmental Authorities.

Appears in 5 contracts

Samples: Agreement and Plan of Merger (Bank of the Ozarks Inc), Agreement and Plan of Merger and Reorganization (Bank of the Carolinas CORP), Agreement and Plan of Merger (Bank of the Ozarks Inc)

Corporate Power. Each of Buyer and its Subsidiaries has the all requisite corporate power and authority to own and/or lease and operate its properties and assets and to carry on its business as it is now being conducted and to own all of its properties and assets; and conducted. Buyer has the all requisite corporate power and authority to execute execute, deliver, carry out and deliver this Agreement, to perform its obligations under this Agreement and each other Transaction Document to which it is a party and to consummate the transactions contemplated herebyhereby and thereby.

Appears in 4 contracts

Samples: Stock Purchase Agreement (Teo Foods Inc), Stock Purchase Agreement (Teo Foods Inc), Stock Purchase Agreement (Nascent Wine Company, Inc.)

Corporate Power. Each of Buyer Purchaser and its Subsidiaries has the corporate power and authority to carry on its business as it is now being conducted and to own all of its properties and assets; and Buyer Purchaser has the corporate power and authority to execute execute, deliver and deliver this Agreement, to perform its obligations under this Agreement and to consummate the transactions contemplated hereby. Subject to the receipt of all requisite regulatory approvals and the expiration of all waiting periods, Purchaser Bank has the corporate power and authority to consummate the Subsidiary Merger and the Agreement to Merge in accordance with the terms of this Agreement.

Appears in 4 contracts

Samples: Agreement and Plan of Merger (S&t Bancorp Inc), Agreement and Plan of Merger (S&t Bancorp Inc), Agreement and Plan of Merger (S&t Bancorp Inc)

Corporate Power. Each of Buyer and its Subsidiaries has the requisite corporate power and authority to carry on its business as it is now being conducted and to own all of its properties and assets; and each of Buyer, Buyer Bank and Merger Sub has the requisite corporate power and authority to execute and deliver this Agreement, to perform its obligations under this Agreement and to consummate the transactions contemplated hereby.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (People's United Financial, Inc.), Agreement and Plan of Merger (LSB Corp), Agreement and Plan of Merger (Massbank Corp)

Corporate Power. Each of Buyer and its Subsidiaries has the (i) all requisite corporate power and authority to own or lease its property and carry on its business the Business as it is now being conducted and to own all of its properties and assets; and Buyer has the corporate power and authority to execute and deliver this Agreement, to perform its obligations under this Agreement and to consummate the transactions contemplated hereby, and (ii) taken all necessary action to consummate the transactions contemplated by this Agreement.

Appears in 3 contracts

Samples: Asset Purchase Agreement (Jackson Hewitt Tax Service Inc), Asset Purchase Agreement (Jackson Hewitt Tax Service Inc), Asset Purchase Agreement (Jackson Hewitt Tax Service Inc)

Corporate Power. Each of Buyer and its Subsidiaries The Purchaser has the all necessary corporate power and authority to carry on its business as it is now being conducted and to own all out the Transaction in accordance with the terms of its properties and assets; and Buyer has the corporate power and authority to execute and deliver this Agreement, to perform its obligations under this Agreement and to consummate own or lease the transactions contemplated herebyPurchaser Assets and to carry on the Purchaser Business as now being conducted by it.

Appears in 2 contracts

Samples: Share Purchase Agreement, Share Purchase Agreement

Corporate Power. Each of Buyer and its Subsidiaries has the corporate power and authority to carry on its business as it is now being conducted and to own all of its properties and assets; and Buyer has the corporate power and authority to execute execute, deliver and deliver this Agreement, to perform its obligations under this Agreement and and, subject to receipt of approval of this Agreement by the stockholders of Buyer, to consummate the transactions contemplated hereby.

Appears in 2 contracts

Samples: Agreement and Plan of Reorganization (Virginia Commerce Bancorp Inc), Agreement and Plan of Reorganization (United Bankshares Inc/Wv)

Corporate Power. Each of Buyer and its Subsidiaries has the corporate power and authority to carry on its business as it is now being conducted and to own all of its properties and assets; and Buyer has and Merger Sub have the corporate power and authority to execute execute, deliver and deliver this Agreement, to perform its their obligations under this Agreement and to consummate the transactions contemplated hereby.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Southern Missouri Bancorp, Inc.), Agreement and Plan of Merger (Southern Missouri Bancorp, Inc.)

Corporate Power. Each of Buyer and its Subsidiaries has the corporate power and authority to carry on its business as it is now being conducted and to own all of its properties and assets; and Buyer has the corporate power and authority , to execute and deliver this Agreement, to perform its obligations under this Agreement hereunder and to consummate the transactions contemplated hereby.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Orrstown Financial Services Inc)

Corporate Power. Each of Buyer and its Subsidiaries has the corporate power and authority to carry on its business as it is now being conducted and to own all of its properties and assets; and Buyer has the corporate power and authority to execute and deliver this Agreement, to perform its obligations under this Agreement hereunder and to consummate the transactions contemplated hereby.

Appears in 1 contract

Samples: Separation Agreement and Release (Randolph Bancorp, Inc.)

Corporate Power. Each of Buyer and its Subsidiaries has the corporate power and authority to carry on its business as it is now being conducted and to own all of its properties and assets; and Buyer has the corporate power and authority to execute and deliver this Agreement, to Agreement and perform its obligations under this Agreement and to consummate the transactions contemplated hereby.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Chittenden Corp /Vt/)

Corporate Power. Each of Buyer and its Subsidiaries Buyer Bank has the corporate power and authority to carry on its business as it is now being conducted and to own all of its properties and assets; and each of Buyer and Buyer Bank has the corporate power and authority to execute execute, deliver and deliver this Agreement, to perform its obligations under this Agreement and to consummate the transactions contemplated hereby, subject to receipt of all necessary approvals of Governmental Authorities.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Community Bancorp /Vt)

Corporate Power. Each of Buyer and its Subsidiaries has the corporate power and authority to carry on its business as it is now being conducted and to own all of its properties and assets; and Buyer has the corporate power and authority to execute execute, deliver and deliver this Agreement, to perform its obligations under this Agreement and to consummate the transactions contemplated hereby.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Southern Missouri Bancorp Inc)

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Corporate Power. Each of (a) Buyer and its Subsidiaries has Buyer Bank have the corporate power and authority to carry on its their business as it is now being conducted and to own all of its their properties and assets; and each of Buyer and Buyer Bank has (or, in the case of Buyer Bank, will have) the corporate power and authority to execute execute, deliver and deliver this Agreement, to perform its obligations under this Agreement and to consummate the transactions contemplated hereby, subject to receipt of all necessary approvals of Governmental Authorities.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Enterprise Financial Services Corp)

Corporate Power. Each of Buyer and its Subsidiaries has the corporate power and authority to carry on its business as it is now being conducted and to own all of its properties and assets; and Buyer has the corporate power and authority to execute and deliver this Agreement, to perform its obligations under this Agreement Agreement, each Buyer’s Closing Document and to consummate the transactions contemplated hereby.

Appears in 1 contract

Samples: Stock Purchase Agreement (United Bancshares Inc/Oh)

Corporate Power. (a) Each of Buyer and its Subsidiaries Party has the corporate power and authority to carry on its their business as it is now being conducted and to own all of its their properties and assets; and each Buyer Party has the corporate requisite power and authority to execute execute, deliver and deliver this Agreement, to perform its obligations under this Agreement to which they are a party and to consummate the transactions contemplated herebyhereby and thereby, subject only to receipt of all necessary approvals of Governmental Authorities, the Regulatory Approvals, the Requisite Buyer Stockholder Approval and the Buyer Bank Stockholder Approval.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Meta Financial Group Inc)

Corporate Power. Each of Buyer and its Subsidiaries Buyer Bank has the corporate power and authority to carry on its business as it is now being conducted and to own all of its properties and assets; and Buyer has the corporate power and authority to execute and deliver this Agreement, to perform its obligations under this Agreement hereunder and to consummate the transactions contemplated hereby, subject to the receipt of Regulatory Approvals.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Brookline Bancorp Inc)

Corporate Power. Each of (a) Buyer and its Subsidiaries has Buyer Bank have the corporate power and authority to carry on its their business as it is now being conducted and to own all of its their properties and assets; assets; and each of Buyer and Buyer Bank has the corporate power and authority to execute execute, deliver and deliver this Agreement, to perform its obligations under this Agreement and to consummate the transactions contemplated hereby, subject to receipt of all necessary approvals of Governmental Authorities.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Seacoast Banking Corp of Florida)

Corporate Power. Each of Buyer and its Subsidiaries has the corporate power and authority to carry on its business as it is now being conducted and to own all of its properties and assets; and Buyer has the corporate power and authority , to execute and deliver this Agreement, to perform its obligations under this Agreement hereunder and to consummate the transactions contemplated hereby.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Orrstown Financial Services Inc)

Corporate Power. Each of Buyer and its Subsidiaries has the all requisite corporate power and authority to own, operate and lease its properties, to carry on its business as it and where such is now being conducted and to own all of its properties and assets; and Buyer has the corporate power and authority to execute and deliver this Agreementconducted, to perform its obligations under enter into this Agreement and the other documents and instruments to consummate be executed and delivered by Buyer and to carry out the transactions contemplated herebyhereby and thereby.

Appears in 1 contract

Samples: Stock Purchase Agreement (Swing N Slide Corp)

Corporate Power. Each of Buyer Seller and its Subsidiaries has the corporate power and authority to carry on its business as it is now being conducted and to own all of its properties and assets; assets and Buyer each of Seller and Shareholder has the corporate power and authority to execute and deliver this Agreement, to perform its obligations under this Agreement and each Seller’s Execution Date Document and Seller’s Closing Document and to consummate the transactions contemplated herebyby this Agreement.

Appears in 1 contract

Samples: Stock Purchase Agreement (United Bancshares Inc/Oh)

Corporate Power. Each of Buyer Seller and its Subsidiaries has the corporate requisite power and authority to carry on its business as it is now being conducted and to own all of its properties and assets; and Buyer has the corporate power and authority to execute and deliver this Agreement, to perform its obligations under this Agreement and to consummate the transactions contemplated hereby.

Appears in 1 contract

Samples: Merger Agreement (Rexnord LLC)

Corporate Power. Each of The Buyer and its Subsidiaries has the corporate power and authority capacity to carry on its business as it is now being conducted and currently conducted, to own all of or lease its properties property and assets; and Buyer has the corporate power and authority to execute and deliver this Agreement, to perform its obligations under this Agreement and to consummate the transactions contemplated hereby.

Appears in 1 contract

Samples: Share Purchase Agreement

Corporate Power. Each of Buyer and its Subsidiaries the Purchaser Parties has the corporate power and authority to carry on its business as it is now being conducted and to own all of its properties and assets; and Buyer each of Purchaser Parties has the corporate power and authority to execute execute, deliver and deliver this Agreement, to perform its obligations under this Agreement and to consummate the transactions contemplated hereby, in each case, subject to receipt of all necessary approvals of its shareholders, members or partners, as the case may be, and approvals of Governmental Authorities.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Santa Lucia Bancorp)

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