Common use of EFFECTIVE TIME AND DATE OF THE MERGER Clause in Contracts

EFFECTIVE TIME AND DATE OF THE MERGER. The Bank Merger shall be effective at the time and on the date specified by the BMBC board of directors or a duly designated officer of BMBC following the receipt of all required regulatory approvals (the “Effective Time”).

Appears in 2 contracts

Sources: Merger Agreement (Royal Bancshares of Pennsylvania Inc), Merger Agreement (Bryn Mawr Bank Corp)