The Combination. Upon the terms and subject to the conditions set forth in this Agreement, at the Effective Time, the Company shall merge with and into Parent and the separate corporate existence of the Company shall cease. Parent shall be the Surviving Corporation in the Merger, and shall continue to exist as a Delaware corporation with all its rights, privileges, immunities, powers and franchises continuing unaffected by the Merger.
Appears in 4 contracts
Sources: Merger Agreement (CU Bancorp), Merger Agreement (Pacwest Bancorp), Merger Agreement (Square 1 Financial Inc)
The Combination. Upon the terms and subject to the conditions set forth in this Agreement, at the Effective Time, the Company shall merge with and into Parent and the separate corporate existence of the Company shall cease. Parent shall be the Surviving Corporation in the Merger, and shall continue to exist as a Delaware Maryland corporation with all its rights, privileges, immunities, powers and franchises continuing unaffected by the Merger.
Appears in 2 contracts
Sources: Merger Agreement (Banc of California, Inc.), Merger Agreement (Pacific Mercantile Bancorp)