Board and Shareholder Approvals; Effectiveness. This Subsidiary Merger Agreement has been authorized and approved by the respective boards of directors of B&H Bank and SCB, by BHRB as the sole shareholder of B&H Bank and by SMMF as the sole shareholder of SCB. Subject to applicable law, the Subsidiary Merger shall become effective at the later of: (i) the issuance by the Virginia State Corporation Commission (the “VSCC”) of a certificate of merger relating to the Subsidiary Merger; (ii) the issuance by the West Virginia Secretary of State (“WVSOS”) of a certificate of merger relating to the Subsidiary Merger; and (iii) the time set forth in the articles of merger relating to the Subsidiary Merger filed with the VSCC and the WVSOS or such other time and date as shall be provided by law and agreed to by the parties hereto (such date and time being herein referred to as the “Subsidiary Merger Effective
Board and Shareholder Approvals; Effectiveness. This Subsidiary Bank Agreement has been authorized and approved by the respective boards of directors of Blue Ridge Bank and FVCbank, by BRBS as the sole shareholder of Blue Ridge Bank and by FVCB as the sole shareholder of FVCbank, and the merger shall become effective as of [__]:[__] a.m. Eastern Time, on [_____________], 202[_], and the parties hereto request that such time and date be specified in the merger approval to be issued by the Comptroller of the Currency of the United States.
Board and Shareholder Approvals; Effectiveness. This Subsidiary Bank Agreement has been authorized and approved by the respective boards of directors of American National Bank and HomeTown Bank, by American as the sole shareholder of American National Bank and by HomeTown as the sole shareholder of HomeTown Bank, and the merger shall become effective as of [__]:[__] p.m. Eastern Time, on [_____________], 2019, and the parties hereto request that such time and date be specified in the merger approval to be issued by the Comptroller of the Currency of the United States. Table of Contents
Board and Shareholder Approvals; Effectiveness. This Subsidiary Bank Agreement has been authorized and approved by the respective boards of directors of Virginia National Bank and The Fauquier Bank, by VABK as the sole shareholder of Virginia National Bank and by FBSS as the sole shareholder of The Fauquier Bank, and the merger shall become effective as of [__]:[__] a.m. Eastern Time, on [_____________], 2021, and the parties hereto request that such time and date be specified in the merger approval to be issued by the Comptroller of the Currency of the United States.
