Pending Acquisition. The Pending Acquisition shall have occurred or the Pending Acquisition Agreement shall have been terminated in accordance with its terms (it being understood and agreed that the failure of the Company to consummate the Pending Acquisition shall not constitute a Material Adverse Effect under this Agreement or otherwise constitute a failure of any condition under this Section 7.2).
Appears in 2 contracts
Sources: Merger Agreement (Chittenden Corp /Vt/), Merger Agreement (People's United Financial, Inc.)