Common use of Conditions of Approval Clause in Contracts

Conditions of Approval. The Final Consolidation shall not become effective unless and until all terms and conditions to such effectiveness contained in the Consolidation Agreement, which conditions are incorporated herein by reference, shall have been satisfied or waived.

Appears in 2 contracts

Sources: Consolidation Agreement (Bay Bancshares Inc), Consolidation Agreement (Bay Bancshares Inc)

Conditions of Approval. The Final Consolidation shall not become effective unless and until all terms and conditions to such effectiveness contained in the Consolidation Agreement, which conditions are incorporated herein by reference, shall have been satisfied or waivedwaived and the Merger shall have become effective.

Appears in 2 contracts

Sources: Merger Agreement (Empire Federal Bancorp Inc), Merger Agreement (Sterling Financial Corp /Wa/)