Common use of Approvals of Regulatory Authorities Clause in Contracts

Approvals of Regulatory Authorities. Procurement by NPB and PFI of all requisite approvals and consents of Regulatory Authorities and the expiration of the statutory waiting period or periods relating thereto for the Contemplated Transactions; and no such approval or consent shall have imposed any condition or requirement (other than conditions or requirements previously disclosed) which would so materially and adversely impact the economic or business benefits to NPB or PFI of the Contemplated Transactions that, had such condition or requirement been known, such party would not, in its reasonable judgment, have entered into this Agreement.

Appears in 2 contracts

Samples: Agreement (Peoples First Inc), Agreement (National Penn Bancshares Inc)

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Approvals of Regulatory Authorities. Procurement by PFI and NPB and PFI of all requisite approvals and consents of Regulatory Authorities and the expiration of the statutory waiting period or periods relating thereto for the Contemplated Transactions; and no such approval or consent shall have imposed any condition or requirement (other than conditions or requirements previously disclosed) which would so materially and adversely impact the economic or business benefits to PFI or NPB or PFI of the Contemplated Transactions that, had such condition or requirement been known, such party would not, in its reasonable judgment, have entered into this Agreement.

Appears in 1 contract

Samples: Agreement (Peoples First Inc)

Approvals of Regulatory Authorities. Procurement by HomeTowne and NPB and PFI of all requisite approvals and consents of Regulatory Authorities and the expiration of the statutory waiting period or periods relating thereto for the Contemplated Transactions; and no such approval or consent shall have imposed any condition or requirement (other than conditions or requirements previously disclosed) which would so materially and adversely impact the economic or business benefits to HomeTowne or NPB or PFI of the Contemplated Transactions that, had such condition or requirement been known, such party would not, in its reasonable judgment, have entered into this Agreement.

Appears in 1 contract

Samples: Agreement and Plan of Merger (National Penn Bancshares Inc)

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Approvals of Regulatory Authorities. Procurement by NPB and PFI HomeTowne of all requisite approvals and consents of Regulatory Authorities and the expiration of the statutory waiting period or periods relating thereto for the Contemplated Transactions; and no such approval or consent shall have imposed any condition or requirement (other than conditions or requirements previously disclosed) which would so materially and adversely impact the economic or business benefits to NPB or PFI HomeTowne of the Contemplated Transactions that, had such condition or requirement been known, such party would not, in its reasonable judgment, have entered into this Agreement.

Appears in 1 contract

Samples: Agreement and Plan of Merger (National Penn Bancshares Inc)

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