Common use of Approval of Bank Plan of Merger Clause in Contracts

Approval of Bank Plan of Merger. Mid Penn shall take all action necessary and appropriate to approve the Bank Plan of Merger as sole shareholder of Mid Penn Bank and obtain the approval of, and cause the execution and delivery of, the Bank Plan of Merger by Mid Penn Bank in accordance with applicable laws and regulations and as soon as practicable after completion of the Merger on the Effective Time.

Appears in 4 contracts

Samples: Agreement and Plan of Merger (Mid Penn Bancorp Inc), Agreement and Plan of Merger (First Priority Financial Corp.), Agreement and Plan of Merger (Mid Penn Bancorp Inc)

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Approval of Bank Plan of Merger. Mid Penn shall take all action necessary and appropriate to approve the Bank Plan of Merger as sole shareholder of Mid Penn Bank and obtain the approval of, and cause the execution and delivery of, the Bank Plan of Merger by Mid Penn Bank in accordance with applicable laws and regulations and as soon as practicable no later than after completion of the Merger on the Effective Time.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Mid Penn Bancorp Inc), Agreement and Plan of Merger (William Penn Bancorporation), Agreement and Plan of Merger (Mid Penn Bancorp Inc)

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