Common use of INTERPRETATION OF THE PLAN Clause in Contracts

INTERPRETATION OF THE PLAN. All interpretations of this Plan and application of its provisions to particular circumstances by a majority of each of the Boards of Directors of the Primary Parties shall be final, subject to the authority of the OTS.

Appears in 9 contracts

Sources: Plan of Conversion and Agreement and Plan of Reorganization (Rome Bancorp Inc), Plan of Conversion and Agreement and Plan of Reorganization (Rome Bancorp Inc), Plan of Conversion and Agreement and Plan of Reorganization (Rome Bancorp Inc)

INTERPRETATION OF THE PLAN. All interpretations of this Plan and application of its provisions to particular circumstances by a majority of each of the Boards of Trustees or Directors of the Primary Parties shall be final, subject to the authority of the OTS.

Appears in 2 contracts

Sources: Agreement and Plan of Conversion and Reorganization (People's United Financial, Inc.), Agreement and Plan of Conversion and Reorganization (People's United Financial, Inc.)