Common use of Time and Place of the Closing and Closing Date Clause in Contracts

Time and Place of the Closing and Closing Date. A. On a date mutually agreeable to Interchange and BVB, which is not less than 10 business days nor more than 45 calendar days after the latter of (i) the receipt of all necessary regulatory approvals (including the expiration of any mandatory waiting periods) or (ii) the receipt of all necessary shareholder approvals, unless extended by mutual agreement of the parties ("Closing Date"), a meeting (the "Closing") will take place at which the parties to this Agreement will exchange certificates, opinions, letters and other documents in order to determine whether all of the conditions set forth in Articles VII and VIII of this Agreement have been satisfied or waived or whether any condition exists that would permit a party to this Agreement to terminate this Agreement. If no such condition then exists, or if no party elects to exercise any right it may have to terminate this Agreement, then and thereupon the appropriate parties shall execute such documents and instruments as may be necessary or appropriate in order to effect the transactions contemplated by this Agreement. B. The Closing shall take place at the offices of Interchange, Park 80 West/Plaza Two, Saddle Brook, Ne▇ ▇▇▇▇▇▇ ▇▇ ▇▇:▇▇ ▇.▇., ▇▇▇▇▇ ▇▇▇▇, ▇▇ ▇▇▇ Closing Date, or at such other time or place to which the parties may mutually agree.

Time and Place of the Closing and Closing Date. A. On a date mutually agreeable to Interchange and BVB, which is not less than 10 business days nor more than 45 calendar days after the latter of (i) the receipt of all necessary regulatory approvals (including the expiration of any mandatory waiting periods) or (ii) the receipt of all necessary shareholder approvals, unless extended by mutual agreement of the parties ("Closing Date"), a meeting (the "Closing") will take place at which the parties to this Agreement will exchange certificates, opinions, letters and other documents in order to determine whether all of the conditions set forth in Articles VII and VIII of this Agreement have been satisfied or waived or whether any condition exists that would permit a party to this Agreement to terminate this Agreement. If no such condition then exists, or if no party elects to exercise any right it may have to terminate this Agreement, then and thereupon the appropriate parties shall execute such documents and instruments as may be necessary or appropriate in order to effect the transactions contemplated by this Agreement. B. The Closing shall take place at the offices of Interchange, Park 80 West/Plaza Two, Saddle Brook, Ne▇▇ ▇▇▇▇/▇▇▇▇▇ ▇▇ ▇▇:, ▇▇ ▇.▇., ▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇ ▇▇▇▇▇▇ at 10:00 a.m., local time, on the Closing Date, or at such other time or place to which the parties may mutually agree.

Time and Place of the Closing and Closing Date. A. On a date mutually agreeable to Interchange State National BHC and BVBHeritage BHC, which is not less than 10 business days nor more than 45 calendar date shall be within thirty (30) days after the latter of (i) the receipt of all necessary regulatory approvals (including the expiration of any mandatory waiting periods) or (ii) the receipt of all necessary shareholder approvals, unless extended by mutual agreement of the parties ("Closing Date"), a meeting (the "Closing") will take place at which the parties to this Agreement will exchange certificates, opinions, letters and other documents in order to determine whether all of the conditions set forth in Articles Article VII and Article VIII of this Agreement have been satisfied or waived or whether any condition exists that would permit a party to this Agreement to terminate this Agreement. If no such condition then exists, or if no party elects to exercise any right it may have to terminate this Agreement, then and thereupon the appropriate parties shall execute such documents and instruments as may be necessary or appropriate in order to effect the transactions contemplated by this Agreement. B. The Closing shall take place at the offices of Interchange▇▇▇▇▇▇▇▇ & ▇▇▇▇▇, Park 80 West/Plaza Twoa Professional Corporation, Saddle Brook, Ne▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇ ▇, ▇▇▇▇ ▇▇:▇▇ ▇.▇., ▇▇▇▇▇ ▇▇▇▇, ▇▇ -▇▇▇▇ at 10:00 a.m., local time, on the Closing Date, or at such other time or place to which the parties may mutually agree.