Common use of Failure to Fulfill Conditions Clause in Contracts

Failure to Fulfill Conditions. 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 transactions contemplated hereby by any Governmental Entity or third party or which would otherwise prevent or materially delay completion of the transactions contemplated hereby.

Appears in 2 contracts

Samples: Agreement and Plan of Reorganization (Bear State Financial, Inc.), Agreement and Plan of Reorganization (Southwest Bancorp Inc)

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Failure to Fulfill Conditions. If a Party determines that a condition to its obligations to consummate the Transactions may not be fulfilled, it will promptly notify the other Party. Each party Party will promptly inform the other party or parties Party of any facts applicable to it that would be likely to prevent or materially delay approval of any of the transactions contemplated hereby Transactions by any Governmental Entity or third party or which would otherwise prevent or materially delay completion of any of the transactions contemplated herebyTransactions.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Hudson River Bancorp Inc), Agreement and Plan of Merger (Ambanc Holding Co Inc)

Failure to Fulfill Conditions. If a Party determines that a condition to its obligations to consummate the Merger may not be fulfilled, it will promptly notify the other Party. Each party Party will promptly inform the other party or parties Party of any facts applicable to it that would be likely to prevent or materially delay approval of any of the transactions contemplated hereby Transactions by any Governmental Entity or third party or which would otherwise prevent or materially delay completion of any of the transactions contemplated herebyTransactions.

Appears in 2 contracts

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

Failure to Fulfill Conditions. If a Party determines that a condition to its obligations to consummate the Transactions may not be fulfilled, it will promptly notify the other Parties. Each party Party will promptly inform the other party or parties Parties of any facts applicable to it that would be likely to prevent or materially delay approval of any of the transactions contemplated hereby Transactions by any Governmental Entity or third party or which would otherwise prevent or materially delay completion of any of the transactions contemplated herebyTransactions.

Appears in 2 contracts

Samples: Employment Agreement (Parkvale Financial Corp), Agreement and Plan of Merger (Cohoes 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 may not be fulfilled on it will promptly notify the other party. 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 transactions contemplated hereby Merger by any Governmental Entity or third party or which would otherwise prevent or materially delay completion of the transactions contemplated herebysuch transactions.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Hemlock Federal Financial Corp)

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Failure to Fulfill Conditions. If a Party determines that a condition ----------------------------- to its obligations to consummate the Transactions may not be fulfilled, it will promptly notify the other Party. Each party Party will promptly inform the other party or parties Party of any facts applicable to it that would be likely to prevent or materially delay approval of any of the transactions contemplated hereby Transactions by any Governmental Entity or third party or which would otherwise prevent or materially delay completion of any of the transactions contemplated herebyTransactions.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Teche Holding Co)

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

Appears in 1 contract

Samples: Agreement and Plan of Merger (North Bancorp Inc)

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