Common use of Failure to Fulfill Conditions Clause in Contracts

Failure to Fulfill Conditions. In the event that either of the parties hereto determines that a condition to its respective obligations to consummate the transactions contemplated hereby cannot be fulfilled on or prior to the termination of this Agreement, it will promptly notify the other party. Each party will promptly inform the other party of any facts applicable to it that would be likely to prevent or materially delay approval of the Merger by any governmental or regulatory authority or third party or which would otherwise prevent or materially delay completion of the Merger.

Appears in 4 contracts

Samples: Agreement and Plan of Reorganization (Winthrop Resources Corp), Agreement and Plan of Reorganization (TCF Financial Corp), Agreement and Plan of Reorganization (Standard Financial Inc)

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Failure to Fulfill Conditions. In the event that either of the parties Parties hereto determines that a condition to its respective obligations to consummate the transactions contemplated hereby canmay not be fulfilled on or prior to the termination of this Agreement, it promptly will promptly notify the other party. Each party promptly will promptly inform the other party of any facts applicable to it that would be likely to prevent or materially delay approval of the Merger by any governmental or regulatory authority Governmental Authority or third party or which that would otherwise prevent or materially delay completion of the Merger.

Appears in 2 contracts

Samples: Agreement and Plan of Reorganization (Miami Computer Supply Corp), Agreement and Plan of Reorganization (Gilson H Clark as Trustee of the Gilson Trust)

Failure to Fulfill Conditions. In the event that either of the parties hereto determines that a condition to its respective obligations to consummate the transactions contemplated hereby canmay not be fulfilled on or prior to the termination of this Agreement, it will promptly notify the other party. Each party will promptly inform the other party of any facts applicable to it that would be likely to prevent or materially delay approval of the Merger by any governmental or regulatory authority Governmental Authority or third party or which would otherwise prevent or materially delay completion of the Merger.

Appears in 2 contracts

Samples: Agreement and Plan of Reorganization (Miami Computer Supply Corp), Agreement and Plan of Reorganization (Miami Computer Supply Corp)

Failure to Fulfill Conditions. In the event that either of the parties hereto determines that a condition to its respective obligations to consummate the transactions contemplated hereby canmay not be fulfilled on or prior to the termination of this Agreement, it will promptly notify the other party. Each party will promptly inform the other party of any facts applicable to it that would be likely to prevent or materially delay approval of the Corporate Merger, Liquidation or Bank Merger or any of the other transactions contemplated hereby by any governmental or regulatory authority Governmental Entity or third party or which would otherwise prevent or materially delay completion consummation of the Mergersuch transactions.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Hudson River Bancorp Inc), Agreement and Plan of Merger (SFS Bancorp Inc)

Failure to Fulfill Conditions. In the event that either of the parties hereto determines that a condition to its respective obligations to consummate the transactions contemplated hereby canmay not be fulfilled on or prior to the termination of this Agreement, it will promptly notify the other party. Each party will promptly inform the other party of any facts applicable to it that would be likely to prevent or materially delay approval of the Merger by any governmental or regulatory authority Governmental Entity or third party or which would otherwise prevent or materially delay completion of the Merger.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Tappan Zee Financial Inc), Agreement and Plan of Merger (Usb Holding Co Inc)

Failure to Fulfill Conditions. In the event that either of the parties Parties hereto determines that a condition to its respective obligations to consummate the transactions contemplated hereby canmay not be fulfilled on or prior to the termination of this Agreement, it will promptly notify the other partyParty. Each party Party will promptly inform the other party Party of any facts applicable to it that would be likely to prevent or materially delay approval of the Merger by any governmental or regulatory authority or third party or which would otherwise prevent or materially delay completion of the Merger.materially

Appears in 2 contracts

Samples: Agreement and Plan of Merger (United Community Financial Corp), Agreement and Plan of Merger (Potters Financial Corp)

Failure to Fulfill Conditions. In the event that either any of the parties hereto determines that a condition to its respective obligations to consummate the transactions contemplated hereby cannot be fulfilled on or prior to the termination of this Agreement, it will promptly notify the other partyparty or parties. Each party will promptly inform the other party or parties of any facts applicable to it that would be likely to prevent or materially delay approval of the Merger by any governmental or regulatory authority Governmental Entity or third party or which would otherwise prevent or materially delay completion of the Merger.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Pboc Holdings Inc)

Failure to Fulfill Conditions. In the event that either of the parties hereto Parties determines that a condition to its respective obligations to consummate the transactions contemplated hereby canmay not be fulfilled on or prior to the termination of this Agreement, it will promptly notify the other partyParty. Each party Party will promptly inform the other party Party of any facts applicable to it that would be likely to prevent or materially delay approval of the Merger by any governmental or regulatory authority Governmental Entity or third party or which would otherwise prevent or materially delay completion of the Mergersuch transactions.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Wayne Savings Bancshares Inc /De/)

Failure to Fulfill Conditions. In the event that either of the parties hereto determines that a condition to its respective obligations to consummate the transactions contemplated hereby canmay not be fulfilled on or prior to the termination of this Agreement, it will promptly notify the other party. Each party will promptly inform the other party of any facts applicable to it that would be likely to prevent or materially delay approval of the Merger or any of the other transactions contemplated hereby by any governmental or regulatory authority Governmental Entity or third party or which would otherwise prevent or materially delay completion consummation of the Mergersuch transactions.

Appears in 1 contract

Samples: Agreement and Plan of Merger (East Texas Financial Services Inc)

Failure to Fulfill Conditions. 37 In the event that either any of the parties hereto determines that a condition to its respective obligations to consummate the transactions contemplated hereby cannot be fulfilled on or prior to the termination of this AgreementAgreement pursuant to Section 7.1, it will promptly notify the other partyparty or parties. Each party will promptly inform the other party or parties of any facts applicable to it that would be likely to prevent or materially delay approval of the Merger and the transactions contemplated hereby by any governmental or regulatory authority Governmental Entity or third party or which would otherwise prevent or materially delay completion of the MergerMerger and the transactions contemplated hereby.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Byl Bancorp)

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Failure to Fulfill Conditions. In the event that either any of the parties Parties hereto determines that a condition to its respective obligations to consummate the transactions contemplated hereby canmay not be fulfilled on or prior to the termination of this Agreement, it will promptly notify the other partyParty. Each party Party will promptly inform the other party Party of any facts applicable to it that would be likely to prevent or materially delay approval of the Merger transactions contemplated by this Agreement by any governmental or regulatory authority Governmental Authority or third party Party or which would otherwise prevent or materially delay completion of the Mergersaid transactions.

Appears in 1 contract

Samples: Stock Purchase and Sale and Agreement (Miami Computer Supply Corp)

Failure to Fulfill Conditions. In the event that either any of the parties hereto determines that a condition to its respective obligations to consummate the transactions contemplated hereby canmay not be fulfilled on or prior to the termination of this Agreement, it such party will promptly notify the other partyparty or parties. Each party will promptly inform the other party or parties of any facts applicable to it that would be likely to prevent or materially delay approval of the Merger by any governmental or regulatory authority Governmental Entity or third party or which would otherwise prevent or materially delay completion of the Merger.

Appears in 1 contract

Samples: Agreement and Plan of Merger and Reorganization (Greater Bay Bancorp)

Failure to Fulfill Conditions. In the event that either any of the parties hereto determines that a condition to its respective obligations to consummate the transactions contemplated hereby canmay not be fulfilled on or prior to the termination of this Agreement, it will promptly notify the other party. Each party will promptly inform the other party of any facts applicable to it that would be likely to prevent or materially delay approval of the Merger by any governmental or regulatory authority Governmental Authority or third party or which would otherwise prevent or materially delay completion of the Merger.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Miami Computer Supply Corp)

Failure to Fulfill Conditions. In the event that either of the parties hereto determines that a condition to its respective obligations to consummate the transactions contemplated hereby canmay not be fulfilled on or prior to the termination of this Agreement, it will promptly notify the other party. Each party will promptly inform the other party of any facts applicable to it that would be likely to prevent or materially delay approval of the Merger by any governmental or regulatory authority Governmental Authority or third party or which would otherwise prevent or materially delay completion of the Merger.. AGREEMENT AND PLAN OF REORGANIZATION PAGE 39

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Miami Computer Supply Corp)

Failure to Fulfill Conditions. In the event that either of the parties hereto determines that a condition to its respective obligations to consummate the transactions contemplated hereby canmay not be fulfilled on or prior to the termination of this Agreement, it will promptly notify the other party. Each party will promptly inform the other party of any facts applicable to it that would be likely to prevent or materially delay approval of the Merger or the Bank Merger by any governmental or regulatory authority Governmental Entity or third party or which would otherwise prevent or materially delay completion of the Merger or the Bank Merger.

Appears in 1 contract

Samples: Stock Option Agreement (First Financial Corp of Western Maryland)

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