Common use of Ordinary Course Clause in Contracts

Ordinary Course. Conduct its business other than in the ordinary and usual course consistent with past practice or, fail to use reasonable best efforts to preserve intact its business organizations and assets and maintain its rights, franchises and existing relations with customers, suppliers, employees and business associates, or take any action that would (i) adversely affect the ability of any party to obtain any necessary approval of any Governmental Authority required for the transactions contemplated hereby or (ii) adversely affect its ability to perform any of its material obligations under this Agreement.

Appears in 6 contracts

Samples: Agreement and Plan of Merger (Northeast Bancorp /Me/), Agreement and Plan of Merger (Beverly National Corp), Agreement and Plan of Merger (Danvers Bancorp, Inc.)

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Ordinary Course. Conduct its business other than in the ordinary and usual course consistent with recent past practice or, or fail to use reasonable best efforts to preserve intact its business organizations and assets and maintain its rights, franchises and existing relations with customers, suppliers, employees and business associates, or take any action that would (i) adversely affect the ability of any party to obtain any necessary approval of any Governmental Authority required for the transactions contemplated hereby or (ii) adversely affect its ability to perform any of its material obligations under this Agreement.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (People's United Financial, Inc.), Agreement and Plan of Merger (LSB Corp), Agreement and Plan of Merger (Massbank Corp)

Ordinary Course. Conduct the business of it and its business Subsidiaries other than in the ordinary and usual course consistent with past practice or, or fail to use reasonable best efforts to preserve intact its their business organizations and assets and maintain its their rights, franchises and existing relations with customers, suppliers, employees and business associates, or take any action that would (i) adversely affect the ability of any party to obtain any necessary approval approvals of any Governmental Authority Entities required for the transactions contemplated hereby hereby, or (ii) adversely affect its ability to perform any of its material obligations under this Agreement.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Echlin Inc), Agreement and Plan of Merger (Echlin Inc), Agreement and Plan of Merger (Dana Corp)

Ordinary Course. Conduct its business other than in the ordinary and usual course consistent with past practice orpractice, or fail to use reasonable best efforts to preserve intact its business organizations and assets and maintain its rights, franchises and existing relations with customers, suppliers, employees and business associates, or take any action that would reasonably be expected to (i) adversely affect the ability of any party to obtain any necessary approval of any Governmental Authority required for the transactions contemplated hereby hereby, or (ii) adversely affect its the Company’s ability to perform any of its material obligations under this Agreement.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Orrstown Financial Services Inc), Agreement and Plan of Merger (Orrstown Financial Services Inc), Agreement and Plan of Merger (Camden National Corp)

Ordinary Course. Conduct its business other than in the ordinary and usual course or, to the extent consistent with past practice ortherewith, fail to use reasonable best efforts to preserve intact its business organizations and assets and maintain its rights, franchises and existing relations with customers, suppliers, employees and business associates, or take any action that would (i) adversely affect the ability of any party to obtain any necessary approval of any Governmental Regulatory Authority required for the transactions contemplated hereby or (ii) adversely affect its ability to perform any of its material obligations under this Agreement.. 5.2

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Chittenden Corp /Vt/), Agreement and Plan of Merger (Chittenden Corp /Vt/)

Ordinary Course. Conduct its business other than in the ordinary and usual course consistent with past practice orpractice, or fail to use reasonable best efforts to preserve intact its business organizations and assets and maintain its rights, franchises and existing relations with customers, suppliers, employees and business associates, or take any action that would reasonably be expected to (i) adversely affect the ability of any party to obtain any necessary approval of any Governmental Authority required for the transactions contemplated hereby hereby, or (ii) adversely affect its the Company's ability to perform any of its material obligations under this Agreement.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Brookline Bancorp Inc), Agreement and Plan of Merger (Bancorp Rhode Island Inc)

Ordinary Course. Conduct its business other than in the ordinary and usual course consistent with past practice orpractice, or fail to use reasonable best efforts to preserve intact its business organizations and assets and maintain its rights, franchises and existing relations with customers, suppliers, employees (including but not limited to mortgage loan originators) and business associates, or take any action that would reasonably be expected to (i) adversely affect the ability of any party to obtain any necessary approval of any Governmental Authority required for the transactions contemplated hereby hereby, or (ii) adversely affect its the Company’s ability to perform any of its material obligations under this Agreement.

Appears in 1 contract

Samples: Separation Agreement and Release (Randolph Bancorp, Inc.)

Ordinary Course. Conduct its business other than in the ordinary and usual course consistent in all material respects with past practice orpractice, or fail to use reasonable best efforts to preserve intact its business organizations and assets and maintain its rights, franchises and existing relations with customers, suppliers, employees and business associates, or take any action that would reasonably be expected to (i) adversely affect the ability of any party to obtain any necessary approval of any Governmental Authority required for the transactions contemplated hereby hereby, or (ii) adversely affect its ability to perform any of its material obligations under this Agreement.

Appears in 1 contract

Samples: Orrf Voting Agreement (Orrstown Financial Services Inc)

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Ordinary Course. Conduct the business of it and its business Subsidiaries other than in the ordinary and usual course or, to the extent consistent with past practice ortherewith, fail to use reasonable best efforts to preserve intact its their business organizations and assets and maintain its their rights, franchises and existing relations with customers, suppliers, employees and business associates, or take any action that would (i) adversely affect the ability of any party to obtain any necessary approval approvals of any Governmental Authority Regulatory Authorities required for the transactions contemplated hereby or (ii) adversely affect its ability to perform any of its material obligations under this Agreement.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Business Bancorp /Ca/)

Ordinary Course. Conduct its business other than in the ordinary and usual course consistent with past practice orpractice, or fail to use all commercially reasonable best efforts to preserve intact its business organizations and assets and maintain its rights, franchises and existing relations with customers, suppliers, employees and business associates, or take any action that would reasonably be expected to (i) adversely affect the ability of any party to obtain any necessary approval of any Governmental Authority required for the transactions contemplated hereby hereby, or (ii) adversely affect its the Company’s ability to perform any of its material obligations under this Agreement.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Brookline Bancorp Inc)

Ordinary Course. Conduct its business other than in the ordinary and usual course consistent with past practice orpractice, or fail to use reasonable best efforts to preserve intact its business organizations and assets and maintain its rights, franchises and existing relations with customers, suppliers, employees suppliers and business associatesemployees, or take any action that would reasonably be expected to (i) adversely affect the ability of any party to obtain any necessary approval of any Governmental Authority required for the transactions contemplated hereby hereby, or (ii) adversely affect its the Company’s ability to perform any of its material obligations under this Agreement.

Appears in 1 contract

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

Ordinary Course. Conduct its business other than in the ordinary and usual course consistent with past practice or, fail to use reasonable best efforts to preserve intact its business organizations and assets and maintain its rights, franchises and existing relations with customers, suppliers, employees and business associates, or take any action that would (i) adversely affect the ability of any party to obtain any necessary approval of any Governmental Regulatory Authority required for the transactions contemplated hereby or (ii) adversely affect its ability to perform any of its material obligations under this Agreement.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Chittenden Corp /Vt/)

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