Effective Time; Effects of the Merger a. The Merger shall become effective at the latest of (i) the issuance by the Virginia State Corporation Commission (the “SCC”) of a certificate of merger relating to the Merger; and (ii) the time set forth in articles of merger relating to the Merger filed with the SCC; such time referred to herein as the “Effective Time.”
Effective Time; Effects of the Merger. Subject to the provisions of this Agreement, the Statement of Merger shall be duly prepared, executed and delivered for filing with the PDS, as required, on the Closing Date. The Merger shall become effective at such time, on such date, as the Statement of Merger is filed with the PDS, as required, or at such date and time as may be specified in the Statement of Merger (such time being the “Effective Time”). At and after the Effective Time, the Merger shall have the effects set forth in Section 336 of the ETL and this Agreement.
Effective Time; Effects of the Merger. (a) Subject to the provisions of this Agreement, the Merger shall become effective at 7:00 a.m. Eastern Time on October 12, 2016 (the “Effective Time”), as stated in the certificate of merger (the “Certificate of Merger”) filed with and accepted by the Secretary of State of the State of Delaware in accordance with Section 251 of the DGCL.
Effective Time; Effects of the Merger. (a) Subject to the terms and conditions of this Agreement, on the Closing Date, the Surviving Corporation shall file a certificate of merger complying with the requirements of the GBCC (the “Certificate of Merger”) with the Secretary of State of the State of Georgia (the “Georgia Secretary”). The term “
Effective Time; Effects of the Merger a. The Bank Merger shall become effective at the later of (i) the time and date designated by United Bank to the Virginia Bureau of Financial Institutions as the time and date on which the Bank Merger shall be effective and (ii) the time and date on which the Virginia Bureau of Financial Institutions orders the Bank Merger to be effective; provided, however, that in no event shall the Effective Time be earlier than, or at the same time as, the effective time of the merger (the “Merger”) of Cardinal Financial Corporation, the parent company of Cardinal Bank (“Cardinal”), with and into UBV Holding Company, LLC, the parent company of United Bank (“UBV”), and wholly-owned subsidiary of United Bankshares, Inc. (“UBSI”); such time referred to herein as the “Effective Time.”
Effective Time; Effects of the Merger a. The Bank Merger shall become effective at the later of (i) the issuance by the Virginia State Corporation (the “VSCC”) of a certificate of merger relating to the Bank Merger, and (ii) the time set forth in the articles of merger relating to the Bank Merger filed with the VSCC, such time referred to herein as the “Effective Time”; provided, however, that in no event shall the Effective Time be earlier than, or at the same time as, the effective time of the merger (the “Merger”) of Community Bankers Trust Corporation, the parent company of Essex Bank (“CBTC”), with and into United Bankshares, Inc. (“United”), the parent company of United Bank.
Effective Time; Effects of the Merger. Prior to the Closing, Parent and the Company shall prepare, and on the Closing Date the Company shall cause to be filed with the Secretary of State of the State of California, a copy of an agreement of merger substantially in the form of Exhibit E hereto (the “Agreement of Merger”) and the officer’s certificates of the Company and Merger Sub required by Section 1103 of the CGCL (collectively, the “Merger Filing”), and the Merger shall become effective at such time when the Merger Filing is filed with and accepted by the Secretary of State of the State of California or at such later time as is agreed to by the Parties and is specified in the Merger Filing (the “Effective Time”). From and after the Effective Time, the Merger shall have the effects provided for in this Agreement and in Section 1107 of the CGCL.
Effective Time; Effects of the Merger. (a) The Merger shall become effective at the date and time (the “Effective Time”) specified in the Articles of Merger.
Effective Time; Effects of the Merger. The Merger shall become effective when both (a) this Agreement shall be adopted and approved by the stockholders of PCI in accordance with the applicable provisions of the GCL and (b) the Certificate of Merger, executed in accordance with the relevant provisions of the GCL, is filed with the Secretary of State of Delaware (the time the Merger becomes effective being referred to as the "Effective Time of the Merger"). Without limiting the generality of the foregoing, and subject thereto, at the Effective Time of the Merger: the separate existence of Merger Sub shall cease; the Surviving Corporation shall possess all assets and property of every description, and all interests therein, wherever located, and the rights, privileges, immunities, powers, franchises and authority, of a public as well as of a private nature, of each of Merger Sub and PCI (the "Constituent Corporations"); all obligations belonging to or due each of the Constituent Corporations shall be vested in, and become the obligations of, the Surviving Corporation without further act or deed; title to any real estate or any interest therein vested in either of the Constituent Corporations shall not revert or in any way be impaired by reason of the Merger; all rights of creditors and all liens upon any property of any of the Constituent Corporations shall be preserved unimpaired, and the Surviving Corporation shall be liable for all of the obligations of each of the Constituent Corporations; and any claim existing, or action or proceeding pending, by or against either of the Constituent Corporations may be prosecuted to judgment with right of appeal, as if the Merger had not taken place.
Effective Time; Effects of the Merger. The Merger shall become effective at the later of the time of filing of the certificate of merger with the Secretary of State of the State of Delaware in accordance with the requirements of Section 251 of the DGCL and the time of filing of the certificate of merger with the Secretary of State of the State of California in accordance with the requirements of Section 1103 of the CGCL or at such later time which the parties hereto shall have agreed upon and designated in such filings as the effective time of the Merger (the "Effective Time").
