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 Consolidation, but subject to the fulfillment or waiver of those conditions), the parties shall request the OCC to issue a certificate of consolidation (the "Certificate of Consolidation"), and in connection therewith make such filing or filings as may be required to consummate the Consolidation by applicable laws and regulations, on (i) a date selected by Parkvale after such satisfaction or waiver which is not later than the later of (A) seven 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 agree in writing. The Consolidation provided for herein shall become effective upon the issuance of a Certificate of Consolidation by the OCC or on such date as may be specified therein. The date of such filing or such later effective date is herein called the "Effective Date."

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 Consolidation, but subject to the fulfillment or waiver of those conditions), the parties shall cause Parent Sub and the Converted Company to request the OCC to issue a certificate of consolidation (the "Certificate of Consolidation"), and in connection therewith make such filing or filings as may be required to consummate the Consolidation by applicable laws and regulations, on (i) a date selected by Parkvale Parent after such satisfaction or waiver which is not later than the later of (A) seven 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 agree in writing. The Consolidation provided for herein shall become effective upon the issuance of a Certificate of Consolidation by the OCC or on such date as may be specified therein. The date of such filing or such later effective date is herein called the "Effective Date."

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 ConsolidationMerger, but subject to the fulfillment or waiver of those conditions), and subject to applicable law, the parties Merger shall request become effective on the date and at the time shown on the certification of merger relating to the Merger issued by the OCC to issue a certificate (“Certification of consolidation (the "Certificate of Consolidation"Merger”), and in connection therewith make such filing or filings as may . The Effective Time shall be required to consummate the Consolidation by applicable laws and regulations, on (i) a date selected by Parkvale OPNB after such satisfaction or waiver which that is not no later than the later of (A) seven five (5) Business Days after such satisfaction or waiver or (B) the first month end following such satisfaction or waiver, waiver or (ii) such other date to which the parties may mutually agree in writing. The Consolidation provided for herein shall become effective upon the issuance of a Certificate of Consolidation by the OCC or on such date as may be specified therein. The date of such filing or such later effective date specified in the Certification of Merger is herein called the "“Effective Date."” The “

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 Consolidation, but subject to the fulfillment or waiver of those conditions), the parties shall request the OCC to issue a certificate of consolidation (the "Certificate of Consolidation"), and in connection therewith make such filing or filings as may be required to consummate the Consolidation by applicable laws and regulations, on (i) a date selected by Parkvale Parent after such satisfaction or waiver which is not later than the later of (A) seven 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 agree in writing. The Consolidation provided for herein shall become effective upon the issuance of a Certificate of Consolidation by the OCC or on such date as may be specified therein. The date of such filing or such later effective date is herein called the "Effective Date."