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 (Financial Bancorp Inc), Merger Agreement (North Central Bancshares Inc)
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 Target Bank established in connection with Target Bank's conversion from mutual to stock form.
Appears in 1 contract
Samples: Merger Agreement (Security of Pennsylvania Financial Corp)