Installation of Data Circuits. After the Effective Date of this Agreement, CBES shall cause Community Bank to give NASB Bank reasonable access to Community Bank's locations during normal business hours for the purposes of installing and testing data circuits and data processing equipment, provided that the location, installation, and testing of said circuits and equipment shall not be permitted to disrupt Community Bank's normal daily functions and operation. In the event that this Agreement is terminated without consummation of the planned transactions, NASB Holding shall cause NASB Bank to remove its data processing equipment and circuits within 30 days after the termination and shall repair promptly any damage done to Community Bank's property during the installation or removal, all at NASB Bank's sole expense.
Appears in 2 contracts
Sources: Merger Agreement (Cbes Bancorp Inc), Merger Agreement (Nasb Financial Inc)