Nature of Transaction; Plan of Merger. Subject to the provisions of this Agreement, at the "Effective Time" (as defined in Paragraph 1.07 below), CNB will be merged into and with MFC (the "Merger") as provided in the plan of merger (the "Plan of Merger") attached as Exhibit A to this Agreement.
Nature of Transaction; Plan of Merger. Subject to the provisions of this Agreement, at the “Effective Time” (as defined in Section 1.07 below), Mutual will be merged with and into M&F Bank (the “Merger”).
Nature of Transaction; Plan of Merger. Subject to the provisions of this Agreement, at the Effective Time SFC and SNB each simultaneously will be merged into and with FCB (the “Merger”) as provided in the plan of merger (the “Plan of Merger”) attached as Exhibit A to this Agreement. 2.02.
Nature of Transaction; Plan of Merger. Subject to the provisions of this Agreement, at the "Effective Time" (as defined in Paragraph 1.07 below), Cardinal will be merged into and with MFC (the "Merger") as provided in the plan of merger (the "Plan of Merger") attached as Exhibit A to this Agreement.
Nature of Transaction; Plan of Merger. Subject to the provisions of this Plan of Merger, at the “Effective Time” specified in the Articles of Merger filed with the North Carolina Secretary of State and the South Carolina Secretary of State, BHS will be merged into and with Waccamaw pursuant to Section 53-12 of the North Carolina General Statutes and Title 34 of the South Carolina Code of Laws (the “Merger”).
Nature of Transaction; Plan of Merger. Subject to the provisions of this Agreement, at the “Effective Time” (as defined in Paragraph 1.06 below), PCCC and PCB each simultaneously will be merged into and with FCB (the “Merger”) as provided in the plan of merger (the “Plan of Merger”) attached as Exhibit A to this Agreement.
Nature of Transaction; Plan of Merger. Subject to the provisions of this Plan of Merger, at the “Effective Time” specified in the Articles of Merger filed with the North Carolina Secretary of State, PSB will be merged into and with New Century pursuant to Section 53-12 of the North Carolina General Statutes (the “Merger”).
Nature of Transaction; Plan of Merger. Subject to the provisions of this Agreement, at the “Effective Time” (as defined in Paragraph 1.07 below), the Bank of Richmond will be merged with and into Gateway Bank (the “Merger”) as provided in the plan of merger (the “Plan of Merger”) attached as Exhibit A to this Agreement.
Nature of Transaction; Plan of Merger. Subject to the provisions of this Agreement, at the Effective Time CBI and CRB each simultaneously will be merged into and with FCB pursuant to Section 33-11-101, et. seq., of the Code of Laws of South Carolina, as amended (xxx "Xerger"), as provided in the plan of merger (the "Plan of Merger") attached as Exhibit A to this Agreement.
Nature of Transaction; Plan of Merger. Subject to the provisions of this Agreement, at the “Effective Time” (as defined in Paragraph 1.07 below), SSB will be merged with and into the Bank (the “Merger”) as provided in the plan of merger (the “Plan of Merger”) attached as Exhibit A to this Agreement.
