Common use of Right to Intervene Clause in Contracts

Right to Intervene. In the event that any claim, protest, suit or other proceeding is instituted against Purchaser under this Agreement, Seller shall have the right, at its discretion and expense, to intervene in such litigation, and Purchaser hereby consents to such intervention.

Appears in 3 contracts

Samples: Branch Purchase and Assumption Agreement (LNB Bancorp Inc), Branch Purchase and Assumption Agreement (First Federal Financial Services Corp), Branch Purchase and Assumption Agreement (Park National Corp /Oh/)

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Right to Intervene. In the event that that, prior to Closing, any claim, protest, suit or other proceeding is instituted against Purchaser under Buyer in connection with this Agreement, Seller shall have the right, at its discretion and expense, to intervene in such litigation, and Purchaser Buyer hereby consents to such intervention.

Appears in 1 contract

Samples: Purchase and Assumption Agreement (First Western Bancorp Inc)

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