2Effective Time. Immediately following the Closing, C&N and Susquehanna will cause a Statement of Merger (the “Statement of Merger”) to be delivered and properly filed with the Filing Office. The Merger shall become effective at 11:58 p.m. (or such other time as the Parties may agree) on the day on which the Closing occurs and the Statement of Merger is filed with the Filing Office or such later date and time as may be specified in the Statement of Merger (the “Effective Time”). The “Effective Date” when used herein means the day on which the Effective Time occurs.
Appears in 2 contracts
Sources: Merger Agreement (Citizens & Northern Corp), Merger Agreement (Citizens & Northern Corp)