Common use of Postponement of Closing Clause in Contracts

Postponement of Closing. Old Kent and CFSB agree not to convene the Closing at any time that would result in there being a record date, ex-dividend date, or ex-distribution date for any trans- action described in Sections 2.3.1 (STOCK DIVIDENDS AND DISTRIBUTIONS) or 2.

Appears in 2 contracts

Sources: Merger Agreement (Old Kent Financial Corp /Mi/), Merger Agreement (CFSB Bancorp Inc)