Manner of Termination. Notwithstanding anything to the contrary herein contained, neither party hereto shall have the right to terminate this Agreement on account of its own breach or any immaterial breach by the other party hereto. If a party hereto desires to terminate this Agreement pursuant to any right under this Article, such termination shall be ineffective unless notice is given in writing to the other party five (5) Business Days prior to the date of termination.
Appears in 2 contracts
Samples: Purchase of Assets and Liability Assumption Agreement (International Bancshares Corp), Assets and Liability Assumption Agreement (Mellon Financial Corp)
Manner of Termination. Notwithstanding anything to the contrary herein contained, neither party hereto shall have the right to terminate this Agreement on account of its own breach or any immaterial breach by the other party hereto. If a party hereto desires to terminate this Agreement pursuant to any right under this ArticleArticle XIV, such termination shall be ineffective unless notice is given in writing to the other party five (5) Business Days prior to the date of termination.
Appears in 1 contract
Samples: Assets and Liability Assumption Agreement (Ohio State Bancshares Inc)
Manner of Termination. Notwithstanding anything to the contrary herein contained, neither party hereto shall have the right to terminate this Agreement on account of its own breach or any immaterial breach by the other party hereto. If a party hereto desires to terminate this Agreement pursuant to any right under this Article, such termination shall be ineffective unless notice is given communicated in writing to the other party five (5) Business Days prior to the date of terminationparty.
Appears in 1 contract
Samples: Purchase and Assumption Agreement (Colonial Trust Co /Az)
Manner of Termination. Notwithstanding anything to the contrary herein contained, neither party hereto shall have the right to terminate this Agreement on account of its own breach or any immaterial breach by the other party hereto. If a party hereto desires to terminate this Agreement pursuant to any right under this ArticleARTICLE 12, such termination shall be ineffective unless notice is given communicated in writing to the other party five (5) Business Days prior to the date of terminationparty.
Appears in 1 contract
Samples: Purchase and Assumption Agreement (Colonial Trust Co /Az)