Effects of Merger; Surviving Institutions. On the Merger Effective Date the Merger will be effected as follows:
(a) The Corporate Merger and Mid-Tier Merger. Corporation Merger Sub shall merge with and into Pulaski Bancorp with Pulaski Bancorp as the surviving entity (the "Corporate Merger"). Pulaski Bancorp and Corporation Merger Sub shall enter into the Corporate Merger Agreement substantially in the form of Exhibit A hereto. Immediately thereafter, Pulaski Bancorp shall merge with and into Corporation with Corporation as the surviving entity in accordance with the Mid-Tier Merger Agreement substantially in the form of Exhibit B hereto.
Effects of Merger; Surviving Institutions. On the Merger Effective Date the Merger will be effected as follows:
(a) The Mid-Tier Merger. Ridgewood Financial shall convert into Mid-Tier Interim Bank and immediately thereafter merge with and into Ridgewood Savings, with Ridgewood Savings as the surviving institution. Each stockholder of Ridgewood Financial shall actually or constructively receive shares of Ridgewood Savings in exchange for their shares of Ridgewood Financial. The separate existence of Ridgewood Financial and the Mid-Tier Interim Bank shall cease, and all of the property (real, personal and mixed), rights, powers and duties and obligations of Ridgewood Financial and Mid-Tier Interim Bank shall be taken and deemed to be transferred to and vested in Ridgewood Savings, as the surviving institution in the Mid-Tier Merger, without further act or deed, all in accordance with the applicable laws of the State of New Jersey, and regulations of the Department. Ridgewood Financial, Mid-Tier Interim Bank and Ridgewood Savings shall enter into the Mid-Tier Merger Agreement substantially in the form of Exhibit A hereto.
(b) The MHC Merger. Ridgewood MHC shall convert into MHC Interim Bank and immediately thereafter merge with and into Ridgewood Savings, with Ridgewood Savings as the surviving institution. The separate existence of Ridgewood MHC and the MHC Interim Bank shall cease, and all of the property (real, personal and mixed), rights, powers and duties and obligations of Ridgewood MHC and MHC Interim Bank shall be taken and deemed to be transferred to and vested in Ridgewood Savings, as the surviving institution in the MHC Merger, without further act or deed, all in accordance with the applicable laws of the State of New Jersey, and regulations of the
Effects of Merger; Surviving Institutions. On the Merger Effective Date the Merger will be effected as follows:
(a) The Mid-Tier Merger. Skibo Financial will exchange its federal stock holding company xxxxter for an interim stock savings association charter to become Interim, and Interim will merge with and into First Carnegie with First Carnegie as the surviving association pursuant to the merger agreement substantially in the Form of Exhibit A hereto. Thereafter, First Carnegie shall be a wholly-owned subsidiary of Skibo MHC. As a result of the Mid-Tier Merger, the separate exisxxxxx of Skibo Financial and Interim shall cease, and all of the property (xxxl, personal and mixed), rights, powers, duties and obligations of Skibo Financial and Interim shall be transferred to and assumxx xx First Carnegie as the surviving entity in the Mid-Tier Merger, without further act or deed, all in accordance with the HOLA and regulations of the OTS.
Effects of Merger; Surviving Institutions. On the Merger Effective Date, the Merger will be effected as follows:
Effects of Merger; Surviving Institutions. The Merger will be effected as follows:
(a) The Merger. MWCB shall merge with and into East Boston Savings Bank with East Boston Savings Bank as the surviving entity. The separate existence of MWCB shall cease, and all of the property (real, personal and mixed), rights, powers and duties and obligations of MWCB shall be transferred to and assumed by East Boston Savings Bank as the surviving entity in the Merger, without further act or deed, all in accordance with the MGL and regulations of the Commissioner. As a result of the Merger, each holder of a deposit account in MWCB as of the Merger Effective Time shall have the same rights and privileges in East Boston Savings Bank as if the deposit account had been established at East Boston Savings Bank, and all deposit accounts established at MWCB prior to the Merger Effective Time shall confer on a depositor the same rights and privileges in East Boston Savings Bank as if such deposit account had been established at East Boston Savings Bank on the date established at MWCB, including without limitation for purposes of any subscription rights in any future conversion of Meridian MHC to stock form.
Effects of Merger; Surviving Institutions. On the Merger Effective Date the Merger will be effected in the order as follows:
(a) The MHC Merger. Liberty MHC shall merge with and into MHC, with MHC as the surviving entity (the "MHC Merger"
