Common use of Change of Control Waivers Clause in Contracts

Change of Control Waivers. Old Kent shall have received evidence of the consents or other waivers of any material rights and the waiver of the loss of any material rights that may be triggered by the change of control of Grand Premier upon consummation of the Merger under (a) any agreement, contract, mortgage, deed of trust, lease, commitment, indenture, note, or other instrument, under which the failure to obtain such consent or waiver is reasonably likely to have a Material Adverse Effect on Grand Premier; and (b) each contract identified in Exhibit I (collectively, the "Designated Contracts"); all in form and substance reasonably satisfactory to Old Kent.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Grand Premier Financial Inc), Old Kent Financial Corp /Mi/

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Change of Control Waivers. Old Kent shall have received evidence of the consents or other waivers of any material rights and the waiver of the loss of any material rights that may be triggered by the change of control of Grand Premier Home upon consummation of the Merger under (a) any agreement, contract, mortgage, deed of trust, lease, commitment, indenture, note, or other instrument, under which the failure to obtain such consent or waiver is reasonably likely to have a Material Adverse Effect on Grand PremierHome; and (b) each contract identified in Exhibit I F (collectively, the "Designated Contracts"); all in form and substance reasonably satisfactory to Old Kent.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Old Kent Financial Corp /Mi/)

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Change of Control Waivers. Old Kent shall have received evidence of the consents or other waivers of any material rights and the waiver of the loss of any material rights that may be triggered by the change of control of Grand Premier Pinnacle upon consummation of the Merger under (a) any agreement, contract, mortgage, deed of trust, lease, commitment, indenture, note, or other instrument, under which the failure to obtain such consent or waiver is reasonably likely to have could result in a Material Adverse Effect on Grand PremierPinnacle; and (b) each contract identified in Exhibit I EXHIBIT H (collectively, the "Designated ContractsDESIGNATED CONTRACTS"); all in form and substance reasonably satisfactory to Old Kent.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Old Kent Financial Corp /Mi/)

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