Common use of Installation of Equipment by Purchaser Clause in Contracts

Installation of Equipment by Purchaser. Subsequent to the Final Approval Date and prior to the Conversion Date, Sellers shall cooperate with and permit Purchaser, at Purchaser’s option and sole cost and expense, to make provision for the installation of teller or other equipment in the Branches; provided, however, that Purchaser shall arrange for the installation of such equipment at such times and in a manner that does not significantly interfere with the normal business activities and operation of the Branches.

Appears in 2 contracts

Samples: Purchase and Assumption Agreement (1st United Bancorp, Inc.), Purchase and Assumption Agreement (Cib Marine Bancshares Inc)

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Installation of Equipment by Purchaser. Subsequent to the Final Approval Date and prior to the Conversion Closing Date, Sellers Seller shall cooperate with and permit Purchaser, at Purchaser’s option and sole cost and expense, to make provision for the installation of teller or other equipment in the Branches; provided, however, that Purchaser shall arrange for the installation of such equipment at such times and in a manner that does not significantly interfere with the normal business activities and operation of the Branches.

Appears in 2 contracts

Samples: Purchase and Assumption Agreement (Bar Harbor Bankshares), Purchase and Assumption Agreement (Old National Bancorp /In/)

Installation of Equipment by Purchaser. Subsequent to the Final Approval Date date of receipt of Regulatory Approvals and prior to the Conversion Closing Date, Sellers Seller shall cooperate with and permit Purchaser, at Purchaser’s option and sole cost and expense, to make provision for the installation of teller or other equipment and telephone lines and systems in the Branches; provided, however, that Purchaser shall arrange for the installation of such equipment at such times and in a manner that does not significantly unreasonably interfere with the normal business activities and operation of the Branches.

Appears in 1 contract

Samples: Purchase and Assumption Agreement (People's Utah Bancorp)

Installation of Equipment by Purchaser. Subsequent to the Final Approval Date and prior to the Conversion Closing Date, Sellers Seller shall cooperate with and permit Purchaser, at Purchaser’s option and sole cost and expense, to make provision for the installation of teller or other equipment in the Branches; provided, however, that Purchaser shall arrange for the installation of such equipment at such times and in a manner that does not significantly interfere with the normal business activities and operation of the Branches.

Appears in 1 contract

Samples: Purchase and Assumption Agreement (Community Bank System Inc)

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Installation of Equipment by Purchaser. Subsequent to the Final Approval Date and prior to the Conversion Transfer Date, Sellers Seller shall cooperate with and permit Purchaser, at Purchaser’s 's option and sole cost and expense, to make provision for the installation of teller or other equipment in the Branches; provided, however, that Purchaser shall arrange for the installation of such equipment at such times and in a manner that does not significantly interfere with the normal business activities and operation of the Branches.

Appears in 1 contract

Samples: Purchase and Assumption Agreement (Enterprise Bancorp Inc /Ma/)

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