Common use of Lapse of Time Clause in Contracts

Lapse of Time. If the Closing Date does not occur on or prior to October 1, 2019, then this Agreement may be terminated by the Board of Directors of either Citizens First or GABC by giving written notice thereof to the other party.

Appears in 2 contracts

Sources: Merger Agreement (German American Bancorp, Inc.), Merger Agreement (Citizens First Corp)

Lapse of Time. If the Closing Date does not occur on or prior to October April 1, 20192022, then this Agreement may be terminated by the Board of Directors of either Citizens First CUB or GABC by giving written notice thereof to the other party.

Appears in 1 contract

Sources: Agreement and Plan of Reorganization (German American Bancorp, Inc.)

Lapse of Time. If the Closing Date does not occur on or prior to October 1December 31, 20192013, then this Agreement may be terminated by the Board of Directors of either Citizens First UCBN or GABC by giving written notice thereof to the other party.

Appears in 1 contract

Sources: Merger Agreement (German American Bancorp, Inc.)

Lapse of Time. If the Closing Date does not occur on or prior to October February 1, 2019, then this Agreement may be terminated by the Board of Directors of either Citizens First FSI or GABC by giving written notice thereof to the other party.

Appears in 1 contract

Sources: Agreement and Plan of Reorganization (German American Bancorp, Inc.)