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

Sources: Merger Agreement (Amegy Bancorporation, Inc.), Merger Agreement (1st Source Corp), Merger Agreement (Zions Bancorporation /Ut/)

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

Sources: Merger Agreement (M&t Bank Corp), Merger Agreement (Cullen Frost Bankers Inc), Merger Agreement (Summit Bancshares Inc /Tx/)

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

Sources: Merger Agreement (Harber Lacy J), Merger Agreement (Timco Aviation Services Inc), Merger Agreement (Owl Creek I Lp)

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

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

Sources: Merger Agreement (Newalliance Bancshares Inc), Merger Agreement (First Niagara Financial Group 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

Sources: Merger Agreement (FCB Financial Holdings, Inc.), Merger Agreement (First Midwest 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

Sources: Merger Agreement (Cephalon Inc), Merger Agreement (Cima Labs Inc)

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

Sources: Merger Agreement (Convergys Corp), Merger Agreement (Intervoice Inc)

Power. It and each of its Subsidiaries The Company 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. The Company and each of its Subsidiaries have the corporate (or comparable) power and authority to carry on the Business and to own all its properties and assets.

Appears in 2 contracts

Sources: Merger Agreement (Intelligroup Inc), Merger Agreement (Intelligroup 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

Sources: Merger Agreement, Merger Agreement (Byline 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 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

Sources: Merger Agreement (Newalliance Bancshares Inc), Merger Agreement (First Niagara Financial Group 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

Sources: Merger Agreement (Stewart & Stevenson Services Inc), Merger Agreement (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

Sources: Merger Agreement (Danvers Bancorp, Inc.), Merger Agreement (Beverly National Corp)

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 1 contract

Sources: Merger Agreement (Carver Bancorp 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

Sources: Merger Agreement (Trans World 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

Sources: Merger Agreement (Southtrust 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

Sources: Merger Agreement (LendingClub Corp)

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

Sources: Merger Agreement (Popular Inc)

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

Sources: Merger Agreement (Checkers Drive in Restaurants Inc /De)

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

Sources: Merger Agreement (Umb Financial Corp)

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

Sources: Merger Agreement (Armor Holdings Inc)