Reservation of Right to Revise Structure. FBMS may at any time and without the approval of FPB change the method of effecting the business combination contemplated by this Agreement if and to the extent that it reasonably deems such a change to be necessary; provided, however, that no such change shall (i) alter or change the amount of the consideration to be issued to Holders as Merger Consideration, (ii) reasonably be expected to materially impede or delay consummation of the Merger, (iii) adversely affect the federal income tax treatment of Holders in connection with the Merger, or (iv) require submission to or approval of FPB’s shareholders after the plan of merger set forth in this Agreement has been approved by FPB’s shareholders. In the event that FBMS elects to make such a change, the Parties agree to cooperate to execute appropriate documents to reflect the change.
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Reservation of Right to Revise Structure. FBMS BFC may at any time and time, without the approval of FPB HTB, change the method of effecting the business combination contemplated by this Agreement if and to the extent that it reasonably deems such a change to be necessary; provided, however, that no such change shall (i) alter or change the amount of the consideration to be issued to the Holders as Merger Consideration, (ii) reasonably be expected to materially impede or delay consummation of the Merger, (iii) adversely affect the federal income tax treatment of the Holders in connection with the Merger, or (iv) require submission to or approval of FPBHTB’s shareholders after the plan of merger set forth in this Agreement has been approved by FPBHTB’s shareholders. In the event that FBMS BFC elects to make such a change, the Parties agree to cooperate to execute appropriate documents to reflect the change.
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Sources: Merger Agreement (Bank First Corp)
Reservation of Right to Revise Structure. FBMS may at any time and time, without the approval of FPB BBI, change the method of effecting the business combination contemplated by this Agreement if and to the extent that it reasonably deems such a change to be necessary; provided, however, that no such change shall (i) alter or change the amount amount, form, or timing of the consideration to be issued to Holders as Merger Consideration, (ii) reasonably be expected to materially impede or delay consummation of the Merger, (iii) adversely affect the federal income tax Tax treatment of the Holders in connection with the Merger, or (iv) require submission to or approval of FPBBBI’s shareholders after the plan Plan of merger set forth in this Agreement Merger has been approved by FPBBBI’s shareholders. In the event that FBMS elects to make such a change, the Parties agree to cooperate to execute appropriate documents to reflect the change.
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Reservation of Right to Revise Structure. FBMS may at any time and time, without the approval of FPB HSBI, change the method of effecting the business combination contemplated by this Agreement if and to the extent that it reasonably deems such a change to be necessary; provided, however, that no such change shall (i) alter or change the amount amount, form, or timing of the consideration to be issued to Holders as Merger Consideration, (ii) reasonably be expected to materially impede or delay consummation of the Merger, (iii) adversely affect the federal income tax Tax treatment of the Holders in connection with the Merger, or (iv) require submission to or approval of FPBHSBI’s shareholders after the plan Plan of merger set forth in this Agreement Merger has been approved by FPBHSBI’s shareholders. In the event that FBMS elects to make such a change, the Parties agree to cooperate to execute appropriate documents to reflect the change.
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