Common use of Merger of Subsidiary Clause in Contracts

Merger of Subsidiary. In the event that SNC shall request, UCB shall cooperate in taking such actions, and shall cooperate in causing the UCB Subsidiaries to take such actions, as may be required in order to effect, at the Effective Time, the merger of one or more of the UCB Subsidiaries with and into, in each case, one of the SNC Subsidiaries.

Appears in 3 contracts

Sources: Agreement and Plan of Reorganization (Southern National Corp /Nc/), Merger Agreement (Southern National Corp /Nc/), Merger Agreement (United Carolina Bancshares Corp)