Common use of Upset Provision Clause in Contracts

Upset Provision. After a Closing is properly called pursuant to Section 1.2 (THE CLOSING), CFSB shall have the right to terminate this Plan of Merger if the "Upset Condition" then exists.

Appears in 2 contracts

Sources: Merger Agreement (Old Kent Financial Corp /Mi/), Merger Agreement (CFSB Bancorp Inc)