Common use of Effective Date and Effective Time; Closing Clause in Contracts

Effective Date and Effective Time; Closing. (a) Subject to the satisfaction or waiver of the conditions set forth in Article VII (other than those conditions that by their nature are to be satisfied at the consummation of the Merger, but subject to the fulfillment or waiver of those conditions), the parties shall cause articles of merger relating to the Merger (the “Articles of Merger”) to be filed with the Secretary of State of the State of Washington pursuant to the WBCA on (i) a date selected by Washington Federal after such satisfaction or waiver which is no later than the later of (A) five Business Days after such satisfaction or waiver or (B) the first month end following such satisfaction or waiver, or (ii) such other date to which the parties may mutually agree in writing. The Merger provided for herein shall become effective upon such filings or on such date as may be specified therein. The date of such filings or such later effective date is herein called the “Effective Date.” The “Effective Time” of the Merger shall be the time of such filings or as set forth in such filings.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Washington Federal Inc), Shareholder Agreement (First Mutual Bancshares Inc)

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Effective Date and Effective Time; Closing. (a) Subject to the satisfaction or waiver of the conditions set forth in Article VII (VII, other than those conditions that by their nature are to be satisfied at the consummation of the Merger, but subject to the fulfillment or waiver of those conditions), the parties shall cause articles a certificate of merger relating to the Merger (the “Articles Certificate of Merger”) to be filed with the Secretary of State of the State of Washington Delaware pursuant to the WBCA DGCL on (i) a date selected by Washington Federal Purchaser after such satisfaction or waiver which that is no later than the later of (A) five Business Days after such satisfaction or waiver or (B) the first month end following such satisfaction or waiver, or (ii) such other date to which the parties may mutually agree in writingagree. The Merger provided for herein shall become effective upon such filings or on such date as may be specified therein. The date of such filings or such later effective date is herein called the “Effective Date.” The “Effective Time” of the Merger shall be the time of such filings or as set forth in such filings.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (PEM Holding Co.), Agreement and Plan of Merger (Penn Engineering & Manufacturing Corp)

Effective Date and Effective Time; Closing. (a) Subject to the satisfaction or waiver of the conditions set forth in Article VII (other than those conditions that by their nature are to be satisfied at the consummation of the Merger, but subject to the fulfillment or waiver of those conditions), the parties shall cause articles a certificate of merger relating to the Merger (the “Articles "Certificate of Merger") to be filed with the Secretary of State of the State of Washington Delaware pursuant to the WBCA DGCL on (i) a date selected by Washington Federal Parent after such satisfaction or waiver which is no later than the later of within thirty (A30) five Business Days after following such satisfaction or waiver or (B) the first month end following such satisfaction or waiver, or (ii) such other date to which the parties may mutually agree in writing. The Merger provided for herein shall become effective upon such filings filing or on such date as may be specified therein, provided that it is within the aforementioned thirty (30) Business Day period. The date of such filings filing or such later effective date is herein called the "Effective Date.” The “Effective Time” of the Merger shall be the time of such filings or as set forth in such filings."

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Bancorp Connecticut Inc), Shareholder Agreement (Banknorth Group Inc/Me)

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Effective Date and Effective Time; Closing. (a) Subject to the satisfaction or waiver of the conditions set forth in Article VII (other than those conditions that by their nature are to be satisfied at the consummation of the Merger, but subject to the fulfillment or waiver of those conditions), the parties shall cause articles of merger relating to the Merger (the “Articles of Merger”) to be filed with the Secretary of State of the State Commonwealth of Washington Massachusetts pursuant to the WBCA MBCL on (i) a date selected by Washington Federal Parent after such satisfaction or waiver which is no later than the later of (A) five (5) Business Days after following such satisfaction or waiver or and (B) the first month end following such satisfaction or waiver, or (ii) such other date to which the parties may mutually agree in writing. The Merger provided for herein shall become effective upon such filings filing or on such date as may be specified therein. The date of such filings filing or such later effective date is herein called the “Effective Date.” The “Effective Time” of the Merger shall be the time of such filings filing or as set forth in such filingsfiling.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Banknorth Group Inc/Me)

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