Failure of Holder to Elect. For the purposes hereof, a holder of LFB Common Stock who does not submit a Form of Election which is received by the Exchange Agent prior to the Election Deadline (as hereinafter defined) shall be deemed to have made a Non-Election. If HUBCO or the Exchange Agent shall determine that any purported Cash Election or Stock Election was not properly made, such purported Cash Election or Stock Election shall, unless cured by the Election Deadline (as hereafter defined), be deemed to be of no force and effect and the shareholder or Representative making such purported Cash Election or Stock Election shall, for purposes hereof, be deemed to have made a Non-Election.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Hubco Inc), Agreement and Plan of Merger (Little Falls Bancorp Inc)
Failure of Holder to Elect. For the purposes purpose hereof, a holder of LFB Company Common Stock who does not submit a Form of Election which is received by the Exchange Agent prior to the Election Deadline (as hereinafter defined) shall be deemed to have made a Non-Election. If HUBCO Buyer or the Exchange Agent shall determine that any purported Cash Election or Stock Election was not properly made, such purported Cash Election or Stock Election shall, unless cured by prior to the Election Deadline (as hereafter defined), be deemed to be of no force and effect and the shareholder or Representative making such purported Cash Election or Stock Election shall, for purposes hereof, be deemed to have made a Non-Election.
Appears in 2 contracts
Samples: And Restated Agreement and Plan of Merger (Center Bancorp Inc), Agreement and Plan of Merger (Center Bancorp Inc)
Failure of Holder to Elect. For the purposes purpose hereof, a holder of LFB Shrewsbury Common Stock who does not submit a Form of Election which is received by the Exchange Agent prior to the Election Deadline (as hereinafter defined) shall be deemed to have made a Non-Election. If HUBCO Valley or the Exchange Agent shall determine that any purported Cash Election or Stock Election was not properly made, such purported Cash Election or Stock Election shall, unless cured by the Election Deadline (as hereafter defined), be deemed to be of no force and effect and the shareholder or Representative making such purported Cash Election or Stock Election shall, for purposes hereof, be deemed to have made a Non-Election.. (h)
Appears in 1 contract
Samples: Agreement and Plan of Merger (Valley National Bancorp)
Failure of Holder to Elect. For the purposes purpose hereof, a holder of LFB Company Common Stock who does not submit a Form of Election which is received by the Exchange Agent prior to the Election Deadline (as hereinafter defined) shall be deemed to have made a Non-Election. If HUBCO Parent or the Exchange Agent shall determine that any purported Cash Election or Stock Election was not properly made, such purported Cash Election or Stock Election shall, unless cured by the Election Deadline (as hereafter defined), be deemed to be of no force and effect and the shareholder or Representative making such purported Cash Election or Stock Election shall, for purposes hereof, be deemed to have made a Non-Election.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Lakeland Bancorp Inc)
