Lapse of Time. If the Closing Date does not occur on or prior to June 30, 1999, despite each party's best efforts to consummate the Merger on or before that date, then this Agreement may be terminated by the Board of Directors of either 1ST BANCORP or German American by giving written notice thereof to the other party.
Appears in 2 contracts
Sources: Agreement and Plan of Reorganization (First Bancorp /In/), Reorganization Agreement (German American Bancorp)
Lapse of Time. If the Closing Date does not occur on or prior to June September 30, 19992000, despite each party's best efforts to consummate the Merger on or before that date, then this Agreement may be terminated by the Board of Directors of either 1ST BANCORP or German American party by giving written notice thereof to the other party.
Appears in 1 contract
Sources: Agreement and Plan of Reorganization (First Community Bancshares Inc /In)