Common use of EFFECTIVE DATE OF THE BANK MERGER Clause in Contracts

EFFECTIVE DATE OF THE BANK MERGER. The Bank Merger shall be effective at the time and on the date specified in the certificate issued by the Office of the Comptroller of the Currency with respect thereto or, if such certificate cannot theretofore be obtained, on the date of consummation determined by Capital Bank (such date and time being herein referred to as the “Effective Date”).

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Capital Bank Financial Corp.), Agreement and Plan of Merger (North American Financial Holdings, Inc.), Agreement and Plan of Merger (Green Bankshares, Inc.)

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EFFECTIVE DATE OF THE BANK MERGER. The Bank Merger shall be effective at the time and on the date specified in upon which the certificate issued Bank Merger is permitted to occur by the Office of the Comptroller of the Currency with respect thereto or, if such certificate cannot theretofore be obtained, on the date of consummation determined by Capital Bank (such date and time being herein referred to as the "Effective Date").

Appears in 1 contract

Samples: 3 Agreement and Plan of Merger (Hudson Chartered Bancorp Inc)

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EFFECTIVE DATE OF THE BANK MERGER. The Bank Merger shall be effective at the time and on the date specified in the certificate issued by the Office of the Comptroller of the Currency OCC with respect thereto to the Bank Merger or, if such certificate cannot theretofore be obtained, on the date of consummation determined at the time agreed to by Capital Bank the parties (such date and time being herein referred to as the “Effective Date”). Notwithstanding the foregoing, the consummation and effectiveness of the Merger and the Parent Merger shall be a condition precedent to the effectiveness of the Bank Merger.

Appears in 1 contract

Samples: Agreement and Plan of Merger (FCB Financial Holdings, Inc.)

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