Common use of Liquidation Account Clause in Contracts

Liquidation Account. Neither the Merger nor the Bank Merger will result in any payment or distribution payable out of the Liquidation Account of the Company Bank.

Appears in 3 contracts

Samples: Merger Agreement (Dime Community Bancshares Inc), Merger Agreement (North Central Bancshares Inc), Merger Agreement (Financial Bancorp Inc)

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Liquidation Account. Neither the Merger nor the Bank Merger will result in any payment or distribution payable out of the Liquidation Account liquidation account of the Company BankAssociation.

Appears in 2 contracts

Samples: Merger Agreement (Atlantic Bank of New York), Merger Agreement (Yonkers Financial Corp)

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Liquidation Account. Neither the Merger nor the Bank Merger will result in any payment or distribution payable out of the Liquidation Account of the Company Bank established in connection with the Company Bank's conversion from mutual to stock form.

Appears in 1 contract

Samples: Merger Agreement (Statewide Financial Corp)

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