Common use of Conditions to Company’s Obligation Clause in Contracts

Conditions to Company’s Obligation. 3.2.2.1 Since the date of this Agreement, there shall not have been any action taken, or any law, rule or regulation enacted, entered, enforced or deemed applicable to Company or its Subsidiaries or the transactions contemplated by this Agreement by any Governmental Agency which imposes any restriction or condition that Company determines, in its reasonable good faith judgment, is materially and unreasonably burdensome on Company’s business or would materially reduce the economic benefits of the transactions contemplated by this Agreement to Company to such a degree that Company would not have entered into this Agreement had such condition or restriction been known to it on the date hereof.

Appears in 22 contracts

Samples: Subordinated Note Purchase Agreement (RBB Bancorp), Subordinated Note Purchase Agreement (ConnectOne Bancorp, Inc.), Form of Subordinated Note Purchase Agreement (Orrstown Financial Services Inc)

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Conditions to Company’s Obligation. 3.2.2.1 Since the date of this Agreement, there shall not have been any action taken, or any law, rule or regulation enacted, entered, enforced or deemed applicable to Company or its Subsidiaries or the transactions contemplated by this Agreement by any Governmental Agency which imposes any restriction or condition that Company determines, in its reasonable good faith judgment, is materially and unreasonably burdensome on Company’s 's business or would materially reduce the economic benefits of the transactions contemplated by this Agreement to Company to such a degree that Company would not have entered into this Agreement had such condition or restriction been known to it on the date hereof.

Appears in 2 contracts

Samples: Subordinated Note Purchase Agreement (BCB Bancorp Inc), Subordinated Note Purchase Agreement (First Guaranty Bancshares, Inc.)

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Conditions to Company’s Obligation. 3.2.2.1 a) Since the date of this Agreement, there shall not have been any action taken, or any law, rule or regulation enacted, entered, enforced or deemed applicable to Company or its Subsidiaries or the transactions contemplated by this Agreement by any Governmental Agency which imposes any restriction or condition that Company determines, in its reasonable good faith judgment, is materially and unreasonably burdensome on Company’s business or would materially reduce the economic benefits of the transactions contemplated by this Agreement to Company to such a degree that Company would not have entered into this Agreement had such condition or restriction been known to it on the date hereof.

Appears in 2 contracts

Samples: Subordinated Note Purchase Agreement (Salisbury Bancorp Inc), Subordinated Note Purchase Agreement (Wellesley Bancorp, Inc.)

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