Common use of Effective Time of the Bank Merger Clause in Contracts

Effective Time of the Bank Merger. Subject to the provisions of this Agreement, the Bank Merger shall become effective at the date and time set forth in the certificate which shall be issued by the Superintendent of Banks of the New York Banking Department (the “Superintendent”) pursuant to § 601-b of the N.Y.B.L. The “Bank Merger Effective Time” shall be the date and time when the Bank Merger becomes effective, as specified in the certificate of the Superintendent.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (New York Community Bancorp Inc), Agreement and Plan of Merger (New York Community Bancorp Inc)

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Effective Time of the Bank Merger. Subject to the provisions of this Agreement, the Bank Merger shall become effective at the date and time set forth in the certificate which shall be issued by the Superintendent of Banks of the New York Banking Department (the "Superintendent") pursuant to § ss. 601-b of the N.Y.B.L. The "Bank Merger Effective Time" shall be the date and time when the Bank Merger becomes effective, as specified in the certificate of the Superintendent.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Synergy Financial Group Inc /Nj/)

Effective Time of the Bank Merger. Subject to the provisions of --------------------------------- this Agreement, the Bank Merger shall become effective at in accordance with the date and time set forth in terms of the certificate which shall Certificate of Merger (the "Certificate of Merger") to be issued by the Superintendent of Banks of the State of New York Banking Department (the “Superintendent”) pursuant to § 601-b of the N.Y.B.L. "Commissioner"). The term "Bank Merger Effective Time" shall be mean the date and time when the Bank Merger becomes effective, as specified in on the certificate Certificate of Merger, which shall be immediately following the effective time of the SuperintendentMerger.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Roslyn Bancorp Inc)

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Effective Time of the Bank Merger. Subject to the provisions of this Agreement, the Bank Merger shall become effective at in accordance with the date and time set forth in terms of the certificate which shall Certificate of Merger (the "Certificate of Merger") to be issued by the Superintendent of Banks of the State of New York Banking Department (the “Superintendent”) pursuant to § 601-b of the N.Y.B.L. "Commissioner"). The term "Bank Merger Effective Time" shall be mean the date and time when the Bank Merger becomes effective, as specified in on the certificate Certificate of Merger, which shall be immediately following the effective time of the SuperintendentMerger.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Tr Financial Corp)

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