Common use of Power Clause in Contracts

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

Appears in 12 contracts

Samples: Agreement and Plan of Merger (Zions Bancorporation /Ut/), Agreement and Plan of Merger (Texas Regional Bancshares Inc), Agreement and Plan of Merger (Amegy Bancorporation, Inc.)

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Power. It and each of its Subsidiaries has the corporate (or comparable) power and authority to carry on own and operate its assets and properties and to conduct its business as it is now being conducted and to own all its properties and assets; and it conducted. It has the corporate (or comparable) power and authority to execute, deliver and perform its obligations under this Agreement and to consummate the transactions contemplated hereby.

Appears in 6 contracts

Samples: Agreement and Plan of Merger (Cullen Frost Bankers Inc), Agreement and Plan of Merger (M&t Bank Corp), Agreement and Plan of Merger (Cullen Frost Bankers Inc)

Power. It and each of its Subsidiaries has the corporate (or comparable) power and authority to carry on its business their respective businesses as it is such businesses are now being conducted and to own all its their respective properties and assets; and it has the corporate (or comparable) power and authority to execute, deliver and perform its obligations under this Agreement and to consummate the transactions contemplated hereby.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Caesars Acquisition Co), Agreement and Plan of Merger (CAESARS ENTERTAINMENT Corp), Agreement and Plan of Merger (CAESARS ENTERTAINMENT Corp)

Power. It Each of the Company and each of its Subsidiaries has the corporate (or comparable) requisite power and authority as a corporation or other legal entity in all material respects to own, lease and operate its properties and to carry on its business respective businesses as it is they are now being conducted and to own all its properties and assets; and it has the corporate (or comparable) power and authority to execute, deliver and perform its obligations under this Agreement and to consummate the transactions contemplated herebyconducted.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Harber Lacy J), Agreement and Plan of Merger (Timco Aviation Services Inc), Agreement and Plan of Merger (Owl Creek I Lp)

Power. It and and, in the case of the Company only, each of its Subsidiaries Significant Subsidiaries, has the corporate (or comparable) power and authority to carry on its business as it is now being conducted and to own all its properties and assets; and it has the corporate (or comparable) power and authority to execute, deliver and perform its obligations under this Agreement and to consummate the transactions contemplated herebyTransactions.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Convergys Corp), Agreement and Plan of Merger (Intervoice Inc)

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

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Newalliance Bancshares Inc), Agreement and Plan of Merger (First Niagara Financial Group Inc)

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

Appears in 2 contracts

Samples: Agreement and Plan of Merger (First Niagara Financial Group Inc), Agreement and Plan of Merger (Newalliance Bancshares Inc)

Power. It and and, in the case of the Company only, each of its Subsidiaries Subsidiaries, has the corporate (or comparable) power and authority to carry on its business as it is now being conducted and to own all its properties and assets; and it has the corporate (or comparable) power and authority to execute, deliver and perform its obligations under this Agreement and to consummate the transactions contemplated herebyTransactions.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Stewart & Stevenson Services Inc), Agreement and Plan of Merger (Armor Holdings Inc)

Power. It Each of the Company and each of its Subsidiaries has the corporate (or comparable) all 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 it the Company has the corporate (or comparable) all requisite power and authority to executeexecute and deliver this Agreement, deliver and to perform its obligations under this Agreement and to consummate the transactions contemplated hereby.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Beverly National Corp), Agreement and Plan of Merger (Danvers Bancorp, Inc.)

Power. It and each of its Subsidiaries has the corporate (or comparable) power and authority to carry on its business as it is now being conducted and to own own, lease and operate all its properties and assets; and it has the corporate (or comparable) power and authority to execute, deliver and perform its obligations under this Agreement and to consummate the transactions contemplated hereby.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Cephalon Inc), Agreement and Plan of Merger (Cima Labs Inc)

Power. It The Company and each of its Subsidiaries has the corporate (or comparable) power and authority to carry on its business own and operate their respective assets and properties and to conduct their respective businesses as it is such businesses are now being conducted conducted. The Company and to own all each of its properties and assets; and it Subsidiaries has the corporate (or comparable) power and authority to execute, execute and deliver this Agreement and perform its obligations under this Agreement and to consummate the transactions contemplated hereby.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (First Midwest Bancorp Inc), Agreement and Plan of Merger (FCB Financial Holdings, Inc.)

Power. It The Company and each of its Subsidiaries has the corporate (or comparable) power and authority to carry on its business own and operate their respective assets and properties and to conduct their respective businesses as it is such businesses are now being conducted conducted. The Company and to own all each of its properties and assets; and it Subsidiaries has the corporate (or comparable) power and authority to execute, execute and deliver this 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 (Byline Bancorp, Inc.)

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Power. It The Company and each of its Subsidiaries has the corporate (or comparablecomparable organizational) power and authority to carry on its business own and operate their respective assets and properties and to conduct their respective businesses as it is such businesses are now being conducted conducted. The Company and to own all each of its properties and assets; and it Subsidiaries has the corporate (or comparablecomparable organizational) power and authority to execute, deliver and perform its obligations under this Agreement and to consummate the transactions contemplated hereby.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Umb Financial Corp)

Power. It The Company and each of its Subsidiaries has the corporate (or comparable) power and authority to carry on own and operate its assets and properties and to conduct its business as it is now being conducted and to own all its properties and assets; and it conducted. The Company has the corporate (or comparable) power and authority to execute, deliver and perform its obligations under this Agreement and to consummate or to cause the consummation of the transactions contemplated hereby.

Appears in 1 contract

Samples: Agreement and Plan of Merger (LendingClub Corp)

Power. It and each of its Subsidiaries has the corporate (or comparable) power and authority to carry on its business as it is now being conducted and to own all its properties and assets; and it has the corporate (or comparable) power and authority to execute, deliver and perform its obligations under this Agreement and the Stock Option Agreement and to consummate the transactions contemplated herebyhereby and thereby.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Southtrust Corp)

Power. It Each of the Company and each of its Subsidiaries has the requisite corporate (or comparable) power and corporate authority in all material respects to own, lease and operate its properties and to carry on its business respective businesses as it is they are now being conducted and to own all its properties and assets; and it has the corporate (or comparable) power and authority to execute, deliver and perform its obligations under this Agreement and to consummate the transactions contemplated herebyconducted.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Checkers Drive in Restaurants Inc /De)

Power. It The Company and each of its Subsidiaries has the corporate (or comparable) requisite power and authority (corporate and other) to carry on its business as it is now being conducted and to own all its properties and assets; , and it the Company has the corporate (or comparable) power and authority to execute, deliver and perform its obligations under this Agreement and to consummate the transactions contemplated hereby.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Popular Inc)

Power. It The Company and each of its Subsidiaries has the corporate (or comparable) power and authority to carry on its business their respective businesses as it is they are now being conducted and to own all of its respective properties and assets; and it has the corporate (or comparable) power and authority to execute, deliver and perform its obligations under this Agreement and to consummate the transactions contemplated herebyTransactions.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Armor Holdings Inc)

Power. It The Company and each of its Subsidiaries has the corporate (or comparable) power and authority to carry on its business their respective businesses as it is they are now being conducted and to own all of its respective properties and assets; and it has the all requisite corporate (or comparable) power and authority to execute, deliver and perform its obligations under this Agreement and any other agreement delivered in connection herewith and to consummate the transactions contemplated herebyTransactions.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Trans World Corp)

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