Common use of Branch Clause in Contracts

Branch. Subject to factors outside of its control, the Purchaser will continue operating the existing branch of the Vendor at 0000 Xxxxxxxxxx Xxxxx, Xxxxxxxxx, Xxxxxxx Xxxxxxxx, at least for the duration of the current term of the lease for such branch (i.e., to June 30, 2025). The branch will be integrated into the Purchaser’s branch network and it is intended to be an integral part of the business development strategy for Purchaser after the merger. It is not presently intended that there shall be any reduction of hours for the existing 0000 Xxxxxxxxxx Xxxxx branch; provided, however, that the Purchaser may vary the current hours of business after the Effective Date to better suit the members of the branch and the communities that it serves.

Appears in 4 contracts

Samples: Asset Transfer Agreement, Asset Transfer Agreement, Asset Transfer Agreement

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