Common use of Merger or Change in Shareholding Clause in Contracts

Merger or Change in Shareholding. The rights and obligations created by this Agreement shall continue to be valid and binding for all purposes whatsoever notwithstanding any change by amalgamation, reconstruction, merger, acquisition or change in shareholding whether at the parent company level or otherwise which may be made in the constitution of the Bank.

Merger or Change in Shareholding. The rights and obligations created by this Agreement shall continue to be valid continueto bevalid and binding for all purposes whatsoever notwithstanding any bindingforallpurposeswhatsoevernotwithstandingany change by amalgamation, reconstruction, merger, acquisition or change in shareholding whether at the parent company level or otherwise which may be made in the constitution of the Bank.