Capital Purchase Program. In the event that Tower, Graystone or their respective Subsidiaries receives approval from any Regulatory Authority to participate in the Capital Purchase Program, neither Tower, Graystone, nor their respective subsidiaries shall receive any funds under such program or enter into a securities purchase agreement, letter agreement, or any other applicable Capital Purchase Program agreement without the prior written approval of the other party.
Appears in 2 contracts
Sources: Merger Agreement (Tower Bancorp Inc), Merger Agreement (Tower Bancorp Inc)