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 a certificate of merger relating to the Merger (the “Certificate of Merger”) to be filed with the Secretary of State of the State of Delaware pursuant to the DGCL on (i) a date selected by Purchaser after such satisfaction or waiver that is no later than five Business Days after such satisfaction or waiver, or (ii) such other date to which the parties may mutually agree. 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: Merger Agreement (PEM Holding Co.), Merger Agreement (Penn Engineering & Manufacturing Corp)

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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 a certificate of merger relating to the Merger (the "Certificate of Merger") to be filed with the Secretary of State of the State of Delaware pursuant to the DGCL on (i) a date selected by Purchaser Parent after such satisfaction or waiver that which is no later than five within thirty (30) Business Days after following such satisfaction or waiver, waiver or (ii) such other date to which the parties may mutually agreeagree 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 filing or as set forth in such filingsfiling.

Appears in 2 contracts

Samples: Merger Agreement (Bancorp Connecticut Inc), Merger Agreement (Banknorth Group Inc/Me)

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 Parties shall cause a certificate articles of merger relating to the Merger (the “Certificate "Articles of Merger") to be filed with the Secretary of State of the State Commonwealth of Delaware Pennsylvania pursuant to the DGCL PBCL on (i) a date selected by Purchaser Parent after such satisfaction or waiver that which is no later than the later of (A) five Business Days after following such satisfaction or waiver, waiver and (B) the first month end following such satisfaction or waiver or (ii) such other date to which the parties may mutually agreeagree 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: Merger Agreement (Chester Valley Bancorp 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 a certificate the Agreement of merger relating to the Merger (the “Certificate of Merger”) to be filed with the Secretary of State of the State of Delaware California and the Department pursuant to the DGCL GCLC and the FCSC on (i) a date selected by Purchaser Parent after such satisfaction or waiver that 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 agreeagree 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 1 contract

Samples: Merger Agreement (Vineyard National Bancorp)

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