Common use of Operations Pending Closing Clause in Contracts

Operations Pending Closing. The Seller hereby covenants to and agrees with the Buyer that, from the date hereof to the Closing Date or the termination of this Agreement, and subject to the requirement of the regulators that the Seller must control its own operations in accordance with past operating practice, the Seller shall not without the written consent of the Buyer, cause or allow the Bank to:

Appears in 2 contracts

Samples: Plan and Agreement of Merger (Citizens Community Bancorp Inc.), Plan and Agreement of Merger (Citizens Community Bancorp Inc.)

AutoNDA by SimpleDocs

Operations Pending Closing. The Seller hereby covenants to and agrees with the Buyer that, from the date hereof to the Closing Date or the termination of this Agreement, and subject to except with the requirement of the regulators that the Seller must control its own operations in accordance with past operating practice, the Seller shall not without the prior written consent of the Buyer, which consent shall not be unreasonably withheld, conditioned or delayed, the Seller will not cause or allow the Bank to:

Appears in 1 contract

Samples: Stock Purchase Agreement (Vineyard National Bancorp)

AutoNDA by SimpleDocs

Operations Pending Closing. The Seller hereby covenants to and agrees with the Buyer that, from the date hereof to the Closing Date or the termination of this Agreement, and subject to except with the requirement prior written consent of the regulators that the Seller must control its own operations in accordance with past operating practiceBuyer, the Seller shall will not without the written consent of the Buyer, cause or allow the Bank to:

Appears in 1 contract

Samples: Stock Purchase Agreement (Mackinac Financial Corp /Mi/)

Time is Money Join Law Insider Premium to draft better contracts faster.