Common use of Effectiveness of Closing Clause in Contracts

Effectiveness of Closing. Upon the satisfactory completion of the Closing, which does not include and shall not require completion of the adjustment and proration arrangements set forth in Section 6.04, the Acquisition shall be deemed to be effective and the Closing shall be deemed to have occurred.

Appears in 6 contracts

Samples: Branch Purchase and Assumption Agreement (Bnccorp Inc), Office Purchase and Assumption Agreement (Isb Financial Corp/La), Office Purchase and Assumption Agreement (Isb Financial Corp/La)

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Effectiveness of Closing. Upon the satisfactory completion of the Closing, which does not include and shall not require completion of the adjustment and proration arrangements set forth in Section 6.046.4, the Acquisition shall be deemed to be effective and the Closing shall be deemed to have occurred.

Appears in 4 contracts

Samples: Purchase and Assumption Agreement (Ohio Legacy Corp), Office Purchase and Assumption Agreement (CSB Bancorp Inc /Oh), Office Purchase and Assumption Agreement (Heartland Financial Usa Inc)

Effectiveness of Closing. Upon the satisfactory completion of the Closing, which does not include and shall not require completion of the adjustment and proration arrangements set forth in Section 6.046.4, the Acquisition shall be deemed to be effective and the Closing shall be deemed to have occurredoccurred as of the close of business of the date the parties agree shall be the effective date of the Closing.

Appears in 2 contracts

Samples: Purchase and Assumption Agreement (Home Bancshares Inc), Purchase and Assumption Agreement (Park National Corp /Oh/)

Effectiveness of Closing. Upon the satisfactory completion of the such Closing, which does not include and shall not require completion and payment of the adjustment and proration arrangements amounts set forth in Section 6.046.05, the Acquisition shall be deemed to be effective effective, and the Closing shall be deemed to have occurred.

Appears in 2 contracts

Samples: Purchase and Assumption Agreement (Commercial Bancshares Inc \Oh\), Purchase and Assumption Agreement (Middlefield Banc Corp)

Effectiveness of Closing. Upon the satisfactory completion of the such Closing, which does not include and shall not require completion and payment of the adjustment and proration arrangements amounts set forth in Section 6.045.05, the Acquisition shall be deemed to be effective effective, and the Closing shall be deemed to have occurred.

Appears in 1 contract

Samples: Purchase and Assumption Agreement (Middlefield Banc Corp)

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Effectiveness of Closing. Upon the satisfactory completion of ------------------------- the Closing, which does not include and shall not require completion of the adjustment and proration arrangements set forth in Section 6.04SECTION 6.4, the Acquisition ----------- shall be deemed to be effective effective, and the Closing shall be deemed to have occurred.

Appears in 1 contract

Samples: Office Purchase and Assumption Agreement (Blackhawk Bancorp Inc)

Effectiveness of Closing. Upon the satisfactory completion of the Closing, which does not include and shall not require completion of the adjustment and proration arrangements set forth in Section 6.04, the Acquisition transactions shall be deemed to be effective and the Closing shall be deemed to have occurred.

Appears in 1 contract

Samples: Branch Purchase and Assumption Agreement (Banc Corp)

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