Notice of Adverse Changes. Each Party agrees to give written notice promptly to the other Party upon becoming aware of the occurrence or impending occurrence of any event or circumstance relating to it or any of its Subsidiaries which (i) is reasonably likely to have, individually or in the aggregate, a Material Adverse Effect on it or (ii) would cause or constitute a material breach of any of its representations, warranties, or covenants contained herein, and to use its reasonable efforts to prevent or promptly to remedy the same.
Appears in 14 contracts
Samples: Agreement and Plan of Merger (Superior Bancorp), Agreement and Plan of Merger (Southern States Bancshares, Inc.), Agreement and Plan of Merger (River Financial Corp)
Notice of Adverse Changes. Each Party agrees to give written notice promptly to the other Party upon becoming aware of the occurrence or impending occurrence of any event or circumstance relating to it or any of its Subsidiaries which (i) is reasonably likely to have, individually or in the aggregate, a Material Adverse Effect material adverse effect on it or (ii) would cause or constitute a material breach of any of its representations, warranties, or covenants contained herein, and to use its reasonable efforts to prevent or promptly to remedy the same.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Southern Security Financial Corp), Southern Security Financial Corp
Notice of Adverse Changes. Each Party party agrees to give written notice promptly to the other Party upon becoming aware of the occurrence or impending occurrence of any event or circumstance relating to it or any of its Subsidiaries the Bank which (i) is reasonably likely to have, individually or in the aggregate, a Material Adverse Effect material adverse effect on it or (ii) would cause or constitute a material breach of any of its representations, warranties, or covenants contained herein, herein and to use its reasonable efforts to prevent or promptly to remedy the same.
Appears in 2 contracts
Samples: Stock Purchase Agreement (Vision Bancshares Inc), Stock Purchase Agreement (Banctrust Financial Group Inc)
Notice of Adverse Changes. Each Party agrees to give written ------------------------- notice promptly to the other Party upon becoming aware of the occurrence or impending occurrence of any event or circumstance relating to it or any of its Subsidiaries which (i) is reasonably likely to have, individually or in the aggregate, a Material Adverse Effect on it or (ii) would cause or constitute a material breach of any of its representations, warranties, or covenants contained herein, and to use its reasonable efforts to prevent or promptly to remedy the same.
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