EFFECTIVE DATE OF THE REORGANIZATION Sample Clauses

EFFECTIVE DATE OF THE REORGANIZATION. The Reorganization shall become effective upon the delivery of the Exchange Agreement (Exhibit C) duly executed by the TCSLLC Members, to Acquiror, however, for accounting purposes the effective date shall be October 1, 2015.
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EFFECTIVE DATE OF THE REORGANIZATION. The Share Exchange and the reorganization of the Bank into a bank holding company structure shall be effective as of the date and time specified in the certificate or articles of share exchange to be filed with the Georgia Secretary of State in accordance with the applicable provisions of Section 14-2-1105 of the Georgia Business Corporations Code (the “Effective Date of the Reorganization”). Because the Share Exchange will effect the reorganization of the Bank into a bank holding company structure, such Share Exchange and reorganization, collectively, shall hereinafter be referred to as the “Reorganization.” SECTION 3 LOCATION, ARTICLES AND BYLAWS, MANAGEMENT
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EFFECTIVE DATE OF THE REORGANIZATION. The merger of Interim with and into the Bank and the reorganization of the Bank into a holding company structure shall be effective as of the date (the “Effective Date of the Reorganization”) specified in the certificate of merger to be issued by the Georgia Secretary of State in accordance with the applicable provisions of the Financial Institutions Code, O.C.G.A. § 7-1-535(b). Since the merger of Interim with and into the Bank will effect the reorganization of the Bank into a holding company structure, such merger and reorganization, collectively, shall hereinafter be referred to as the “Reorganization.”
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EFFECTIVE DATE OF THE REORGANIZATION. (a) The Reorganization shall be effective five (5) business days after each of the conditions in Sections 8 and 9 has been satisfied or waived by the applicable party, or at such other time and date as fixed by the mutual consent of the parties (such date, the "Effective Date"). 8.
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EFFECTIVE DATE OF THE REORGANIZATION. The reorganization of the Bank into a holding company structure by virtue of the share exchange described in this Agreement shall be effective as of the date (the "Effective Date of the Reorganization") to be determined by the Bank after all conditions precedent to the Reorganization set forth in Section 9 have been satisfied. At such time, the Company shall prepare Articles of Exchange to be filed on an informational basis with the Tennessee Secretary of State. The Effective Date of the Reorganization shall be the date on which the Tennessee Secretary of State accepts the Articles of Exchange for filing. Since the share exchange described in this Agreement will effect the reorganization of the Bank into a holding company structure, such share exchange and reorganization, collectively, shall hereinafter be referred to as the "Reorganization."
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Related to EFFECTIVE DATE OF THE REORGANIZATION

  • Effective Date of the Merger The Merger shall become effective when a properly executed Certificate of Merger is duly filed with the Secretary of State of the State of Delaware, which filing shall be made concurrently with the closing of the transaction contemplated by this Agreement in accordance with Section 1.12. When used in this Agreement, the term "Effective Date" shall mean the date and time at which such Certificate of Merger is so filed or at such time thereafter as is provided in such Certificate of Merger.

  • Effective Date of Dissolution Any dissolution of the Company shall be effective as of the date on which the event occurs giving rise to such dissolution, but the Company shall not terminate unless and until all its affairs have been wound up and its assets distributed in accordance with the provisions of the Act and the Certificate is cancelled.

  • Effective Date of Merger Upon satisfaction or waiver (in accordance with the provisions of this Agreement) of each of the conditions set forth herein, the parties hereto shall execute and cause to be filed Articles of Combination, and/or such certificates or further documents as shall be required by the OTS, the Office of the Secretary of the OTS, and with such other federal or state regulatory agencies as may be required. Upon approval by the OTS, and endorsement of such certificates, the Merger and other transactions contemplated by this Agreement shall become effective. The Effective Date for all purposes hereunder shall be the date of such endorsement.

  • Effective Date of Amendment This Amendment shall be deemed effective as of the date first written above, as if executed on such date.

  • Effective Date of the Agreement The date indicated in the Agreement on which it becomes effective, but if no such date is indicated, it means the date on which the Agreement is signed and delivered by the last of the two parties to sign and deliver.

  • Effective Time of the Merger Subject to the provisions of this Agreement, the parties hereto shall cause the Merger to be consummated by filing a certificate of merger (the "Certificate of Merger") with the Secretary of State of the State of Delaware, as provided in the DGCL, as soon as practicable on or after the Closing Date. The Merger shall become effective upon such filing or at such time thereafter as is provided in the Certificate of Merger as the Company and Sub shall agree (the "Effective Time").

  • EFFECTIVE DATE OF PLAN Stock Awards and Options may be granted under this Plan upon its adoption by the Board, provided that no incentive stock option will continue to be effective unless this Plan is approved by a majority of the votes entitled to be cast by the Stockholders, voting either in person or by proxy, at a duly held Stockholders' meeting or by the consent of stockholders owning more than 50% of shares of the Common Stock within twelve months of such adoption.

  • Effective Date; Termination Section 6.01. The following events are specified as additional conditions to the effectiveness of the Development Credit Agreement within the meaning of Section 12.01 (b) of the General Conditions:

  • EFFECTIVE DATE OF CONTRACT This contract shall not become effective until and unless approved by the City of Nashua.

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