Common use of Technology Systems Clause in Contracts

Technology Systems. (i) No material action will be necessary as a result of the transactions contemplated by this Agreement to enable use of the Technology Systems to continue by the Surviving Corporation and its Subsidiaries to the same extent and in the same manner that it has been used by Professional and its Subsidiaries prior to the Effective Time.

Appears in 3 contracts

Samples: Restrictive Covenant Agreement (Professional Holding Corp.), Restrictive Covenant Agreement (Seacoast Banking Corp of Florida), Restrictive Covenant Agreement (Seacoast Banking Corp of Florida)

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Technology Systems. (i) No material action will be necessary as a result of the transactions contemplated by this Agreement to enable use of the Technology Systems to continue by the Surviving Corporation and its Subsidiaries to the same extent and in the same manner that it has been used by Professional Sabal Palm and its Subsidiaries prior to the Effective Time.

Appears in 2 contracts

Samples: Restrictive Covenant Agreement (Seacoast Banking Corp of Florida), Restrictive Covenant Agreement (Seacoast Banking Corp of Florida)

Technology Systems. (i) No material action will be necessary as a result of the transactions contemplated by this Agreement to enable use of the Technology Systems to continue by the Surviving Corporation and its Subsidiaries to the same extent and in the same manner that it has been used by Professional Business Bank and its Subsidiaries prior to the Effective Time.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Seacoast Banking Corp of Florida), Agreement and Plan of Merger (Seacoast Banking Corp of Florida)

Technology Systems. (i) No material To the Knowledge of Merchants, no action will be necessary as a result of the transactions contemplated by this Agreement to enable use of the Technology Systems to continue by the Surviving Corporation and its Subsidiaries to the same extent and in the same manner that it has been used by Professional Merchants and its Subsidiaries prior to the Effective Time.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Merchants Bancshares Inc), Agreement and Plan of Merger (Community Bank System, Inc.)

Technology Systems. (i) No material action will be necessary as a result of the transactions contemplated by this Agreement to enable use of the Technology Systems to continue by the Surviving Corporation Entity and its Subsidiaries to the same extent and in the same manner that it has the Technology Systems have been used by Professional the Company and its Subsidiaries prior to the Effective Time.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Community Bank System, Inc.)

Technology Systems. (i) No material action will be necessary as a result of the transactions contemplated by this Agreement to enable use of the Technology Systems to continue by the Surviving Corporation and its Subsidiaries to the same extent and in the same manner that it has been used by Professional Dxxxxxxx and its Subsidiaries prior to the Effective Time.

Appears in 1 contract

Samples: Restrictive Covenant Agreement (Seacoast Banking Corp of Florida)

Technology Systems. (i) No material action will be necessary as a result of the transactions contemplated by this Agreement to enable use of the Technology Systems to continue by the Surviving Corporation and its Subsidiaries to the same extent and in the same manner that it has been used by Professional Apollo and its Subsidiaries prior to the Effective Time.

Appears in 1 contract

Samples: Shareholder Support Agreement (Seacoast Banking Corp of Florida)

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Technology Systems. (i) No material action will be necessary as a result of the transactions contemplated by this Agreement to enable use of the Technology Systems to continue by the Surviving Corporation Bank and its Subsidiaries to the same extent and in the same manner that it has been used by Professional and its Subsidiaries the Company prior to the Effective Time.

Appears in 1 contract

Samples: Restrictive Covenant Agreement (Seacoast Banking Corp of Florida)

Technology Systems. (i) No material action will be necessary as a result of the transactions contemplated by this Agreement to enable use of the Technology Systems to continue by the Surviving Corporation and its Subsidiaries to the same extent and in the same manner that it has been used by Professional Fourth Street and its Subsidiaries prior to the Effective Time.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Seacoast Banking Corp of Florida)

Technology Systems. (i) No material action will be necessary as a result of the transactions contemplated by this Agreement to enable use of the Technology Systems to continue by the Surviving Corporation Company and its Subsidiaries to the same extent and in the same manner that it has been used by Professional the Company and its Subsidiaries prior to the Effective Time.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Southside Bancshares Inc)

Technology Systems. (i) No material action will be necessary as a result of the transactions contemplated by this Agreement to enable use of the Technology Systems to continue by the Surviving Corporation and its Subsidiaries to the same extent and in the same manner that it has been used by Professional Holdings and its Subsidiaries prior to the Effective Time.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Seacoast Banking Corp of Florida)

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