The Bank Merger. (a) Following the Effective Time, the Company-Bank shall be merged and consolidated with and into the Acquiror-Bank under the Charter and By-Laws of Acquiror-Bank, pursuant to the provisions of, and with the effect provided in, applicable Law, and Acquiror-Bank shall be the surviving bank and the separate existence of Company-Bank shall thereupon cease (the term "Surviving Bank" shall refer to Acquiror-Bank following the Bank Merger). Subject to the terms and conditions specified herein, and upon satisfaction of all requirements of law, the Bank Merger shall become effective on such date as shall be designated by the Acquiror following the Effective Time and subsequent to the receipt of approvals from all applicable governmental authorities authorizing the consolidation (the "Bank Merger Effective Date").
Appears in 2 contracts
Samples: Agreement and Plan of Merger (First Federal Capital Corp), Agreement and Plan of Merger (First Federal Capital Corp)
The Bank Merger. (a) Following the Effective Time, the Company-Bank shall be merged and consolidated with and into the Acquiror-Bank under the Charter and By-Laws of Acquiror-Bank, pursuant to the provisions of, and with the effect provided in, applicable Law, and Acquiror-Bank shall be the surviving bank and the separate existence of Company-Bank shall thereupon cease (the term "“Surviving Bank" ” shall refer to Acquiror-Bank following the Bank Merger). Subject to the terms and conditions specified herein, and upon satisfaction of all requirements of law, the Bank Merger shall become effective on such date as shall be designated by the Acquiror following the Effective Time and subsequent to the receipt of approvals from all applicable governmental authorities authorizing the consolidation (the "“Bank Merger Effective Date"”).
Appears in 1 contract
Samples: Agreement and Plan of Merger (Anchor Bancorp Wisconsin Inc)
The Bank Merger. (a) Merger. Following the Effective Time, the Company-Ledger Bank ("Company Bank") shall be merged and consolidated with and into the Acquiror-Bank AnchorBank ("Acquiror Bank") under the Charter and By-Laws of Acquiror-BankAcquiror Bank (the "Bank Merger"), pursuant to the provisions of, and with the effect provided in, applicable Law, and Acquiror-Acquiror Bank shall be the surviving bank and the separate existence of Company-Company Bank shall thereupon cease (the term "Surviving Bank" shall refer to Acquiror-Acquiror Bank following the Bank Merger). Subject to the terms and conditions specified herein, and upon satisfaction of all requirements of lawlaw and the conditions specified herein, the Bank Merger shall become effective on such date as shall be designated by the Acquiror following the Effective Time and subsequent to the receipt of approvals from all applicable governmental authorities authorizing the consolidation (the "Bank Merger Effective Date").
Appears in 1 contract
The Bank Merger. (a) Following the Effective Time, the Company-Bank shall be merged and consolidated with and into the Acquiror-Bank under the Charter and By-Laws of Acquiror-Bank, pursuant to the provisions of, and with the effect provided in, applicable Law, and Acquiror-Bank shall be the surviving bank and the separate existence of Company-Bank shall thereupon cease (the term "Surviving Bank" shall refer to Acquiror-Bank following the Bank Merger). Subject to the terms and conditions specified herein, and upon satisfaction of all requirements of law, the Bank Merger shall become effective on such date as shall be designated by the Acquiror following the Effective Time and subsequent to the receipt of approvals from all applicable governmental authorities authorizing the consolidation (the "Bank Merger Effective Date").
Appears in 1 contract
Samples: Agreement and Plan of Merger (First Federal Capital Corp)
