Common use of Additional Contracts Clause in Contracts

Additional Contracts. (a) From the date of this Agreement until the Closing Date, the parties shall take the following actions for any contract or group of related contracts which are related to the operations of the Branch Offices or the other operations that are the subject of this Agreement, and which are expected to result in payments of more than $50,000 in any year or $25,000 in the case of contracts which are not cancelable on 60 days or less notice without cost or penalty (an "Additional Contract").

Appears in 2 contracts

Samples: Purchase and Sale Agreement (First Nationwide Holdings Inc), Purchase and Sale Agreement (First Nationwide Parent Holdings Inc)

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Additional Contracts. (a) From the date of this Agreement until the Closing Date, the parties shall take the following actions for any contract or group of related contracts which are related to the operations of the Branch Offices Office or the other operations that are the subject of this Agreement, and which are expected to result in payments of more than $50,000 5,000 in any year or $25,000 1,000 in the case of contracts which are not cancelable on 60 sixty (60) calendar days or less notice without cost or penalty (an "Additional Contract").

Appears in 2 contracts

Samples: Asset Purchase and Sale Agreement (City National Bancshares Corp), Asset Purchase and Sale Agreement (City National Bancshares Corp)

Additional Contracts. (a) From the date of this Agreement until and through the Closing Date, the parties shall take the following actions for any contract or group of related contracts which are related to the operations of the Branch Offices or the other operations that are the subject of this Agreement, and which are (i) not related to the ordinary course of business of the Branch Offices or (ii) expected to result in payments of more than $50,000 in any year or $25,000 in the case of contracts which are not cancelable on 60 days or less notice without cost or penalty (an "Additional Contract").

Appears in 1 contract

Samples: Asset Purchase and Sale Agreement (North Fork Bancorporation Inc)

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Additional Contracts. (a) From the date of this Agreement until the Closing Date, the parties shall take the following actions for any contract or group of related contracts which are related to the operations of the Branch Offices or the other operations that are the subject of this Agreement, and which are expected to result in payments of more than $50,000 in any year or $25,000 25,0O0 in the case of contracts which are not cancelable on 60 days or less notice without cost or penalty (an "Additional Contract").

Appears in 1 contract

Samples: Purchase and Sale Agreement (Charter One Financial Inc)

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