Common use of Consummation of Clause in Contracts

Consummation of. (A) a complete liquidation of the Company; or (B) a sale or disposition of all or substantially all the Company's business or assets (including, but not limited to, the sale or other transfer of one or more of the Company's principal Subsidiary banks if such sale or transfer could constitute a substantial majority of the Company's business or assets); or (C) a merger, consolidation or reorganization of the Company with or involving any other corporation or entity, other than a merger, consolidation or reorganization that would result in the voting securities of the Company outstanding immediately prior thereto continuing to represent (either by remaining outstanding or by being converted into voting securities of the surviving entity) at least fifty-one percent (51%) of the combined voting power of the voting securities of the Company (or the surviving entity, or an entity which as a result of such transaction owns the Company or all or substantially all of the Company's assets either directly or through one or more subsidiaries) outstanding immediately after such merger, consolidation or reorganization. For purposes of this Section 10(c), the following terms have the following meanings:

Consummation of. (A) a complete liquidation of the Company; or (B) a sale or disposition of all or substantially all the Company's ’s business or assets (including, but not limited to, the sale or other transfer of one or more of the Company's ’s principal Subsidiary banks if such sale or transfer could constitute a substantial majority of the Company's ’s business or assets); or (C) a merger, consolidation or reorganization of the Company with or involving any other corporation or entity, other than a merger, consolidation or reorganization that would result in the voting securities of the Company outstanding immediately prior thereto continuing to represent (either by remaining outstanding or by being converted into voting securities of the surviving entity) at least fifty-one percent (51%) of the combined voting power of the voting securities of the Company (or the surviving entity, or an entity which as a result of such transaction owns the Company or all or substantially all of the Company's ’s assets either directly or through one or more subsidiaries) outstanding immediately after such merger, consolidation or reorganization. For purposes of this Section 10(c), the following terms have the following meanings: