Common use of Ordinary Conduct of Business Clause in Contracts

Ordinary Conduct of Business. Except as otherwise expressly permitted by this Agreement, the Company will, and will cause its Subsidiaries (including the Company Bank) to, from the date of this Agreement to the Closing, conduct its business in the ordinary course in substantially the same manner as presently conducted and make reasonable commercial efforts consistent with past practices to preserve its relationships with other Persons. Additionally, except as otherwise contemplated by this Agreement or as set forth on Section 6.1(a) of the Company's Disclosure Schedule, the Company will not, and it will not permit its Subsidiaries (including the Company Bank) to, do any of the following without the prior written consent of the Buyer:

Appears in 5 contracts

Samples: Merger Agreement (Capital Bank Corp), Merger Agreement (High Street Corp), Merger Agreement (1st State Bancorp Inc)

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Ordinary Conduct of Business. Except as otherwise expressly permitted ---------------------------- by this Agreement, the Company will, and will cause its Subsidiaries subsidiaries (including the Company Bank) to, from the date of this Agreement to the Closing, conduct its business in the ordinary course in substantially the same manner as presently conducted and make reasonable commercial efforts consistent with past practices to preserve its relationships with other Persons. Additionally, except as otherwise contemplated by this Agreement or as set forth on Section 6.1(a7.1(a) of ------------- the Company's Disclosure Schedule, the Company will not, and it will not permit its Subsidiaries subsidiaries (including the Company Bank) to, to do any of the following without the prior written consent of the Buyer:

Appears in 1 contract

Samples: Merger Agreement (First Commerce Corp)

Ordinary Conduct of Business. Except as otherwise expressly permitted by this Agreement, the Company will, and will cause its Subsidiaries subsidiaries (including the Company Bank) to, from the date of this Agreement to the Closing, conduct its business in the ordinary course in substantially the same manner as presently conducted and make reasonable commercial efforts consistent with past practices to preserve its relationships with other Persons. Additionally, except as otherwise contemplated by this Agreement or as set forth on Section 6.1(a7.1(a) of the Company's Disclosure Schedule, the Company will not, and it will not permit its Subsidiaries subsidiaries (including the Company Bank) to, to do any of the following without the prior written consent of the Buyer:

Appears in 1 contract

Samples: Merger Agreement (Community Capital Corp /Sc/)

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Ordinary Conduct of Business. Except as otherwise expressly permitted by this Agreement, the Company will, and each will cause its Subsidiaries subsidiaries (including the Company Bank) to, from the date of this Agreement to the Closing, conduct its business in the ordinary course in substantially the same manner as presently conducted and make reasonable commercial efforts consistent with past practices to preserve its relationships with other Persons. Additionally, except as otherwise contemplated by this Agreement or as set forth on Section 6.1(aSECTION 7.1(A) of the Company's Disclosure Schedule, the Company will not, and it will not permit its Subsidiaries subsidiaries (including the Company Bank) to, do any of the following without the prior written consent of the Buyer:

Appears in 1 contract

Samples: Merger Agreement (Century Bancorp Inc /Nc)

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