Closing of the Exchange. All other provisions of this Agreement notwithstanding, in no event shall the parties hereto close and consummate the transactions set forth in this Agreement unless the parties concurrently proceed to close and consummate the transactions described in the Reciprocal Agreement, the transactions described herein and therein being conditioned and mutually dependent on the other.
Appears in 5 contracts
Samples: Purchase and Assumption Agreement, Purchase and Assumption Agreement (First Bancorp /Nc/), Purchase and Assumption Agreement (First Bancorp /Nc/)
