Effective Time of the Bank Merger definition

Effective Time of the Bank Merger means the date upon which the Bank Merger is consummated and the Agreement of Bank Merger, bearing the certification of the California Secretary of State, is filed with the Commissioner of Financial Institutions.
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Effective Time of the Bank Merger means the date and time the OTS specifies for the Bank Merger pursuant to the OTS Regulations.
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Effective Time of the Bank Merger means the date and time specified pursuant to Section 2.2 hereof.
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Examples of Effective Time of the Bank Merger in a sentence

  • The Surviving Bank shall be responsible for all of the liabilities of every kind and description, including liabilities arising from the operation of any trust department, of each of the merging banks existing as of the Effective Time of the Bank Merger.

  • The directors and officers of The First immediately prior to the Effective Time of the Bank Merger shall, from and after the Effective Time, continue as the directors and officers of the Surviving Bank until their successors shall have been duly elected, appointed, or qualified or until their earlier death, resignation, or removal in accordance with the charter and bylaws of the Surviving Bank.

  • The Surviving Bank shall be responsible for all of the liabilities of every kind and description of each of the merging banks existing as of the Effective Time of the Bank Merger.

  • All assets of Company Bank as they exist at the Effective Time of the Bank Merger shall pass to and vest in the Surviving Bank without any conveyance or other transfer.

  • At the Effective Time of the Bank Merger, the outstanding shares of common stock of Company Bank shall be cancelled, and Buyer Bank shall continue to conduct its business and operations as a wholly-owned, first-tier subsidiary of Buyer.

  • All assets of Boston Private Bank as they exist at the Effective Time of the Bank Merger shall pass to and vest in the Surviving Bank without any conveyance or other transfer.

  • This Bank Merger Agreement may, by the mutual consent and action of the Boards of Directors of CU Bank and Home Bank, be abandoned at any time before or after approval thereof by the shareholders of CU Bank and Home Bank, but not later than the Effective Time of the Bank Merger.

  • The Articles of Association of CU Bank as in effect immediately prior to the Effective Time of the Bank Merger shall, at and after the Effective Time of the Bank Merger, continue to be the Articles of Association of the Surviving Bank.

  • The Bank Merger will be effective upon the filing of Articles of Merger with the OCC and the Department or as of the date and time specified in such Articles of Merger as the Effective Time of the Bank Merger, as the case may be (the “Effective Time”), which shall in no event be earlier than the effective time of the Merger.

  • Immediately after the Effective Time of the Bank Merger, the executive officers of the Surviving Bank shall be comprised of the persons serving as executive officers of CBB immediately prior to the Effective Time of the Bank Merger.


More Definitions of Effective Time of the Bank Merger

Effective Time of the Bank Merger means the date and time the Commissioner specifies for the Bank Merger.
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Effective Time of the Bank Merger means the date upon which the Bank Merger is consummated and the Agreement of Bank Merger, bearing the
Sample 1
Effective Time of the Bank Merger means the date and time at which the Bank Merger contemplated by this Bank Merger Agreement becomes effective as provided in Section 2.2 hereof.
Sample 1

Related to Effective Time of the Bank Merger

  • Effective Time of the Merger means the time as of which the Merger becomes effective, which shall occur on the Funding and Consummation Date.

  • Bank Merger has the meaning set forth in Section 1.03.

  • Second Merger has the meaning set forth in the Recitals.

  • Effective Time has the meaning set forth in Section 2.2.

  • Merger Date means the closing date of a Merger Event or, where a closing date cannot be determined under the local law applicable to such Merger Event, such other date as determined by the Calculation Agent.

  • Surviving Bank has the meaning set forth in Section 1.03.