Common use of Alternative Method Clause in Contracts

Alternative Method. Notwithstanding any provision of this Agreement to the contrary, upon written notice to the Company, Buyer may, at any time prior to the Effective Time, change the method of effecting the Merger or the making of Merger Consideration available to the Company’s shareholders if, and to the extent, it deems such change to be necessary, appropriate or desirable; provided, however, that no such change shall alter or change the Merger Consideration or the status of the Merger as a “reorganization” within the meaning of section 368(a) of the Code.

Appears in 2 contracts

Sources: Merger Agreement (Pacifica Bancorp Inc), Merger Agreement (Ucbh Holdings Inc)