Common use of Savings Accounts Clause in Contracts

Savings Accounts. Upon the Effective Date, any savings accounts of Interim III, without reissue, shall be and become savings accounts of the Surviving Bank without change in their respective terms, including, without limitation, maturity, minimum required balances or withdrawal value.

Appears in 2 contracts

Samples: Plan of Conversion and Reorganization (Bridge Street Financial Inc), Plan of Conversion and Agreement and Plan of Reorganization (Bridge Street Financial Inc)

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Savings Accounts. Upon the Effective Date, any savings accounts of Interim III, without reissue, shall be and become savings accounts of the Surviving Bank Corporation without change in their respective terms, including, without limitation, maturity, maturity minimum required balances or withdrawal value.

Appears in 2 contracts

Samples: Merger Agreement (Bradford Bancorp Inc /MD), Merger Agreement (Patapsco Bancorp Inc)

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Savings Accounts. Upon the Effective Date, any savings accounts of Interim IIII, without reissue, shall be and become savings accounts of the Surviving Bank without change in their respective terms, including, without limitation, maturity, minimum required balances or withdrawal value.

Appears in 1 contract

Samples: Plan of Conversion and Agreement and Plan of Reorganization (Rome Bancorp Inc)

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