Common use of Condition Precedent to Merger Clause in Contracts

Condition Precedent to Merger. Effectuation of the Merger herein provided for is conditioned upon: (a) consummation of the Parent Company Merger in accordance with the terms and conditions set forth in the Parent Company Merger Agreement; (b) approval of this Agreement and the Merger by the OCC; (c) approval of this Agreement by vote of the sole shareholder of First Mid Bank and Soy Capital as required by law; and (d) procurement of all other consents and approvals, and satisfaction of all other requirements prescribed by law, which are necessary for consummation of the Merger.

Appears in 2 contracts

Samples: Merger Agreement (First Mid Illinois Bancshares Inc), Merger Agreement (First Mid Illinois Bancshares Inc)

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Condition Precedent to Merger. Effectuation of the Merger herein provided for is conditioned upon: (a) consummation approval of this Agreement and the Parent Company Merger in accordance with by the terms and conditions set forth in the Parent Company Merger AgreementOCC; (b) approval of this Agreement and the Merger by the OCCMDOF; (c) approval of this Agreement by vote of the sole shareholder of First Mid Bank and Soy Capital Providence as required by law; and (d) procurement of all other consents and approvals, and satisfaction of all other requirements prescribed by law, which are necessary for consummation of the Merger.

Appears in 1 contract

Samples: Merger Agreement (First Mid Bancshares, Inc.)

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Condition Precedent to Merger. Effectuation of the Merger herein provided for is conditioned upon: (a) consummation of the Parent Company Merger in accordance with the terms and conditions set forth in the Parent Company Merger Agreement; (b) approval of this Agreement and the Merger by the OCC; (c) approval of this Agreement by vote of the sole shareholder of First Mid Bank FMIB and Soy Capital FBTI as required by law; and (d) procurement of all other consents and approvals, and satisfaction of all other requirements prescribed by law, which are necessary for consummation of the Merger.

Appears in 1 contract

Samples: Merger Agreement (First Mid Illinois Bancshares Inc)

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