Common use of CONDITIONS TO CONSUMMATION Clause in Contracts

CONDITIONS TO CONSUMMATION. This Agreement is subject to, and consummation of the Bank Merger herein provided for, is conditioned upon the fulfillment prior to the Effective Time of each of the following conditions: (a) approval of this Agreement by the affirmative vote of all the holders of the outstanding shares of common stock of Midland and Centrue; (b) consummation of the transactions contemplated by the Holding Company Agreement, including without limitation, the Holding Company Merger; and (c) procurement of all other actions, consents, approvals or rulings, governmental or otherwise, and satisfaction of all other requirements of law (including, without limitation, the approval of the Federal Reserve and the DFPR) which are, or in the opinion of counsel for Midland or Centrue may be, necessary to permit or enable the Continuing Bank, upon and after the Bank Merger, to conduct all or any part of the business and activities of Midland or Centrue

CONDITIONS TO CONSUMMATION. This Agreement is subject to, and consummation of the Bank Merger herein provided for, is conditioned upon the fulfillment prior to the Effective Time of each of the following conditions: (a) approval of this Agreement by the affirmative vote of all the holders of the outstanding shares of common stock of Midland Busey and CentrueFirst Community; (b) consummation of the transactions contemplated by the Holding Company Agreement, including without limitation, the Holding Company Merger; and (c) procurement of all other actions, consents, approvals or rulings, governmental or otherwise, and satisfaction of all other requirements of law (including, without limitation, the approval of the Federal Reserve FDIC and the DFPR) which are, or in the opinion of counsel for Midland Busey or Centrue First Community may be, necessary to permit or enable the Continuing Bank, upon and after the Bank Merger, to conduct all or any part of the business and activities of Midland or CentrueBank