Common use of Stock and Cash Reserve Clause in Contracts

Stock and Cash Reserve. Northwest Bancshares agrees at all times from the date of this Agreement until the Merger Consideration has been paid in full to reserve a sufficient number of shares of Northwest Bancshares Common Stock and to maintain sufficient liquid accounts to fulfill its obligations under this Agreement.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Mutualfirst Financial Inc), Agreement and Plan of Merger (Northwest Bancshares, Inc.), Agreement and Plan of Merger (LNB Bancorp Inc)

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Stock and Cash Reserve. Northwest Bancshares agrees at all times from the date of this Agreement until the Merger Consideration has been paid in full to reserve a sufficient number of shares of Northwest Bancshares Common Stock and to maintain sufficient liquid accounts to fulfill its obligations under this Agreement.71

Appears in 1 contract

Samples: Agreement and Plan of Merger (Northwest Bancshares, Inc.)

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