Common use of Term Termination Clause in Contracts

Term Termination. The term of this Agreement shall commence on the date hereof. This Agreement shall terminate upon the earlier of (i) the Effective Time of the Merger, or (ii) termination of the Merger Agreement in accordance with Article 7 of the Merger Agreement. Other than as provided for herein, following the termination of this Agreement, there shall be no further liabilities or obligations hereunder on the part of the Shareholder, XBKS or UBSH, or their respective officers or directors, except that nothing in this Section 6 shall relieve any party hereto from any liability for breach of this Agreement before such termination.

Appears in 7 contracts

Samples: Affiliate Agreement (Xenith Bankshares, Inc.), Affiliate Agreement (Union Bankshares Corp), Affiliate Agreement (BankCap Equity Fund, LLC)

AutoNDA by SimpleDocs

Term Termination. The term of this Agreement shall commence on the date hereof. This Agreement shall terminate upon the earlier of (i) the Effective Time of the Merger, or (ii) termination of the Merger Agreement in accordance with Article 7 of the Merger Agreement. Other than as provided for herein, following the termination of this Agreement, there shall be no further liabilities or obligations hereunder on the part of the Shareholder, XBKS FVCB or UBSHBRBS, or their respective officers or directors, except that nothing in this Section 6 shall relieve any party hereto from any liability for breach of this Agreement before such termination.

Appears in 4 contracts

Samples: Affiliate Agreement (FVCBankcorp, Inc.), Affiliate Agreement (Blue Ridge Bankshares, Inc.), Form of FVCB Affiliate Agreement (Blue Ridge Bankshares, Inc.)

Term Termination. The term of this Agreement shall commence on the date hereof. This Agreement shall terminate upon the earlier earliest to occur of (i) the Effective Time of the Merger, or Date and (ii) the termination of the Merger Agreement in accordance with Article 7 of the Merger Agreement. Other than as provided for herein, following the termination of this Agreement, there shall be no further liabilities or obligations hereunder on the part of the Shareholder, XBKS SONA or UBSHEVBS, or their respective officers or directors, except that nothing in this Section 6 shall relieve any party hereto from any liability for breach of this Agreement before such termination.

Appears in 4 contracts

Samples: Affiliate Agreement (Southern National Bancorp of Virginia Inc), Affiliate Agreement (Eastern Virginia Bankshares Inc), Affiliate Agreement (Eastern Virginia Bankshares Inc)

Term Termination. The term of this Agreement shall commence on the date hereof. This Agreement shall terminate upon the earlier of (i) the Effective Time of the Merger, or (ii) termination of the Merger Agreement in accordance with Article 7 of the Merger Agreement. Other than as provided for herein, following the termination of this Agreement, there shall be no further liabilities or obligations hereunder on the part of the Shareholder, XBKS Access or UBSHMiddleburg, or their respective officers or directors, except that nothing in this Section 6 shall relieve any party hereto from any liability for breach of this Agreement before such termination.

Appears in 4 contracts

Samples: Affiliate Agreement (Middleburg Financial Corp), Affiliate Agreement (Middleburg Financial Corp), Affiliate Agreement (Access National Corp)

Term Termination. The term of this Agreement shall commence on the date hereof. This Agreement shall terminate upon the earlier of (i) the Effective Time of the Merger, or (ii) termination of the Merger Agreement in accordance with Article 7 of the Merger Agreement. Other than as provided for herein, following the termination of this Agreement, there shall be no further liabilities or obligations hereunder on the part of the Shareholder, XBKS FVCB or UBSHBRBS, or their respective officers or directors, except that nothing in this Section 6 7 shall relieve any party hereto from any liability for breach of this Agreement before such termination.

Appears in 4 contracts

Samples: Affiliate Agreement (FVCBankcorp, Inc.), Affiliate Agreement (Blue Ridge Bankshares, Inc.), Form of BRBS Affiliate Agreement (FVCBankcorp, Inc.)

Term Termination. The term of this Agreement shall commence on the date hereof. This Agreement shall terminate upon the earlier of (i) the Effective Time of the Merger, or (ii) termination of the Merger Agreement in accordance with Article 7 of the Merger Agreement. Other than as provided for herein, following the termination of this Agreement, there shall be no further liabilities or obligations hereunder on the part of the Shareholder, XBKS BAYK or UBSHBRBS, or their respective officers or directors, except that nothing in this Section 6 shall relieve any party hereto from any liability for breach of this Agreement before such termination.

Appears in 4 contracts

Samples: Affiliate Agreement (Bay Banks of Virginia Inc), Affiliate Agreement (Bay Banks of Virginia Inc), Affiliate Agreement (Blue Ridge Bankshares, Inc.)

Term Termination. The term of this Agreement shall commence on the date hereof. This Agreement shall terminate upon the earlier of (i) the Effective Time of the Merger, or (ii) termination of the Merger Agreement in accordance with Article ARTICLE 7 of the Merger Agreement. Other than as provided for herein, following the termination of this Agreement, there shall be no further liabilities or obligations hereunder on the part of the Shareholder, XBKS SMMF or UBSHBHRB, or their respective officers or directors, except that nothing in this Section 6 7 shall relieve any party hereto from any liability for breach of this Agreement before such termination.

Appears in 3 contracts

Samples: Agreement and Plan of Reorganization (Summit Financial Group, Inc.), Affiliate Agreement (Summit Financial Group, Inc.), Affiliate Agreement (Summit Financial Group, Inc.)

Term Termination. The term of this Agreement shall commence on the date hereof. This Agreement shall terminate upon the earlier of (i) the Effective Time Date of the Merger, or (ii) termination of the Merger Agreement in accordance with Article 7 of the Merger Agreement. Other than as provided for herein, following the termination of this Agreement, there shall be no further liabilities or obligations hereunder on the part of the ShareholderStockholder, XBKS MainStreet or UBSHAmerican, or their respective officers or directors, except that nothing in this Section 6 shall relieve any party hereto from any liability for breach of this Agreement before such termination.

Appears in 3 contracts

Samples: Agreement and Plan of Reorganization (American National Bankshares Inc.), Agreement and Plan of Reorganization (Mainstreet Bankshares Inc), Affiliate Agreement (American National Bankshares Inc.)

Term Termination. The term of this Agreement shall commence on the date hereof. This Agreement shall terminate upon the earlier of (i) the Effective Time of the Merger, or (ii) termination of the Merger Agreement in accordance with Article ARTICLE 7 of the Merger Agreement. Other than as provided for herein, following the termination of this Agreement, there shall be no further liabilities or obligations hereunder on the part of the Shareholder, XBKS SMMF or UBSHBHRB, or their respective officers or directors, except that nothing in this Section 6 7 shall relieve any party hereto from any liability for breach of this Agreement before such termination. 8.

Appears in 2 contracts

Samples: Agreement and Plan of Reorganization (Burke & Herbert Financial Services Corp.), Affiliate Agreement (Burke & Herbert Financial Services Corp.)

Term Termination. The term of this Agreement shall commence on the date hereof. This Agreement shall terminate upon the earlier of (i) the Effective Time of the Merger, or (ii) termination of the Merger Agreement in accordance with Article ARTICLE 7 of the Merger Agreement. Other than as provided for herein, following the termination of this Agreement, there shall be no further liabilities or obligations hereunder on the part of the Shareholder, XBKS SMMF or UBSHBHRB, or their respective officers or directors, except that nothing in this Section 6 7 shall relieve any party hereto from any liability for breach of this Agreement before such termination. 8. [Intentionally omitted.] 9.

Appears in 2 contracts

Samples: Agreement and Plan of Reorganization (Burke & Herbert Financial Services Corp.), Affiliate Agreement (Burke & Herbert Financial Services Corp.)

Term Termination. The term of this Agreement shall commence on the date hereof. This Agreement shall terminate upon the earlier of (i) the Effective Time of the Merger, or (ii) termination of the Merger Agreement in accordance with Article 7 of the Merger Agreement. Other than as provided for herein, following the termination of this Agreement, there shall be no further liabilities or obligations hereunder on the part of the ShareholderStockholder, XBKS UFBC or UBSHCFNL, or their respective officers or directors, except that nothing in this Section 6 shall relieve any party hereto from any liability for breach of this Agreement before such termination.

Appears in 2 contracts

Samples: Agreement and Plan of Reorganization (Cardinal Financial Corp), Affiliate Agreement (Cardinal Financial Corp)

Term Termination. The term of this Agreement shall commence on the date hereof. This Agreement shall terminate upon the earlier of (i) the Effective Time of the Merger, or (ii) termination of the Merger Agreement in accordance with Article 7 of the Merger Agreement. Other than as provided for herein, following the termination of this Agreement, there shall be no further liabilities or obligations hereunder on the part of the Shareholder, XBKS UBSH or UBSHXBKS, or their respective officers or directors, except that nothing in this Section 6 shall relieve any party hereto from any liability for breach of this Agreement before such termination.

Appears in 2 contracts

Samples: Affiliate Agreement (Union Bankshares Corp), Affiliate Agreement (Xenith Bankshares, Inc.)

Term Termination. The term of this Agreement shall commence on the date hereof. This Agreement shall terminate upon the earlier of (i) the Effective Time of the Merger, or (ii) termination of the Merger Agreement in accordance with Article 7 of the Merger Agreement. Other than as provided for herein, following the termination of this Agreement, there shall be no further liabilities or obligations hereunder on the part of the Shareholder, XBKS FBSS or UBSHVABK, or their respective officers or directors, except that nothing in this Section 6 shall relieve any party hereto from any liability for breach of this Agreement before such termination.

Appears in 2 contracts

Samples: Agreement and Plan of Reorganization (Virginia National Bankshares Corp), Form of FBSS Affiliate Agreement (Virginia National Bankshares Corp)

Term Termination. The term of this Agreement shall commence on the date hereof. This Agreement shall terminate upon the earlier earliest to occur of (i) the Effective Time of the Merger, or Date and (ii) the termination of the Merger Agreement in accordance with Article 7 of the Merger Agreement. Other than as provided for hereinherein (including Section 9), following the termination of this Agreement, there shall be no further liabilities or obligations hereunder on the part of the Shareholder, XBKS SONA or UBSHEVBS, or their respective officers or directors, except that nothing in this Section 6 shall relieve any party hereto from any liability for breach of this Agreement before such termination.

Appears in 2 contracts

Samples: Voting Agreement (Southern National Bancorp of Virginia Inc), Voting Agreement (Eastern Virginia Bankshares Inc)

AutoNDA by SimpleDocs

Term Termination. The term of this Agreement shall commence on the date hereof. This Agreement shall terminate upon the earlier of (i) the Effective Time of the Merger, or (ii) termination of the Merger Agreement in accordance with Article 7 of the Merger Agreement. Other than as provided for herein, following the termination of this Agreement, there shall be no further liabilities or obligations hereunder on the part of the Shareholder, XBKS FBSS or UBSHVABK, or their respective officers or directors, except that nothing in this Section 6 7 shall relieve any party hereto from any liability for breach of this Agreement before such termination.

Appears in 2 contracts

Samples: Agreement and Plan of Reorganization (Virginia National Bankshares Corp), Form of Vabk Affiliate Agreement (Virginia National Bankshares Corp)

Term Termination. The term of this Agreement shall commence on the date hereof. This Agreement shall terminate upon the earlier of (i) the Effective Time of the Merger, or (ii) termination of the Merger Agreement in accordance with Article 7 of the Merger Agreement. Other than as provided for herein, following the termination of this Agreement, there shall be no further liabilities or obligations hereunder on the part of the ShareholderStockholder, XBKS Union or UBSHStellarOne, or their respective officers or directors, except that nothing in this Section 6 shall relieve any party hereto from any liability for breach of this Agreement before such termination.

Appears in 2 contracts

Samples: Affiliate Agreement (Union First Market Bankshares Corp), Affiliate Agreement (StellarOne CORP)

Term Termination. The term of this Agreement shall commence on the date hereof. This Agreement shall terminate upon the earlier of (i) the Effective Time of the Merger, or (ii) termination of the Merger Agreement in accordance with Article 7 of the Merger Agreement. Other than as provided for herein, following the termination of this Agreement, there shall be no further liabilities or obligations hereunder on the part of the ShareholderStockholder, XBKS StellarOne or UBSHUnion, or their respective officers or directors, except that nothing in this Section 6 shall relieve any party hereto from any liability for breach of this Agreement before such termination.

Appears in 2 contracts

Samples: Affiliate Agreement (Union First Market Bankshares Corp), Affiliate Agreement (StellarOne CORP)

Term Termination. The term of this Agreement shall commence on the date hereof. This Agreement shall terminate upon the earlier of (i) the Effective Time of the Merger, or (ii) termination of the Merger Agreement in accordance with Article 7 of the Merger Agreement. Other than as provided for herein, following the termination of this Agreement, there shall be no further liabilities or obligations hereunder on the part of the Shareholder, XBKS HomeTown or UBSHAmerican, or their respective officers or directors, except that nothing in this Section 6 shall relieve any party hereto from any liability for breach of this Agreement before such termination.

Appears in 2 contracts

Samples: Agreement and Plan of Reorganization (HomeTown Bankshares Corp), Agreement and Plan of Reorganization (American National Bankshares Inc.)

Term Termination. The term of this Agreement shall commence on the date hereof. This Agreement shall terminate upon the earlier of (i) the Effective Time of the Merger, or (ii) termination of the Merger Agreement in accordance with Article 7 VIII of the Merger Agreement. Other than as provided for herein, following the termination of this Agreement, there shall be no further liabilities or obligations hereunder on the part of the ShareholderStockholder, XBKS the Company or UBSHParent, or their respective officers or directors, except that nothing in this Section 6 shall relieve any party hereto from any liability for breach of this Agreement before such termination.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Franklin Financial Corp)

Term Termination. The term of this Agreement shall commence on the date hereof. This Agreement shall terminate upon the earlier of (i) the Effective Time Date of the Merger, or (ii) termination of the Merger Agreement in accordance with Article 7 of the Merger Agreement. Other than as provided for herein, following the termination of this Agreement, there shall be no further liabilities or obligations hereunder on the part of the ShareholderStockholder, XBKS StellarOne or UBSHUnion, or their respective officers or directors, except that nothing in this Section 6 shall relieve any party hereto from any liability for breach of this Agreement before such termination.

Appears in 1 contract

Samples: Affiliate Agreement (Union First Market Bankshares Corp)

Term Termination. The term of this Agreement shall commence on the date hereof. This Agreement shall terminate upon the earlier of (i) the Effective Time Date of the Merger, or (ii) termination of the Merger Agreement in accordance with Article 7 of the Merger Agreement. Other than as provided for herein, following the termination of this Agreement, there shall be no further liabilities or obligations hereunder on the part of the Shareholder, XBKS Holding Company or UBSHBuyer, or their respective officers or directors, except that nothing in this Section 6 shall relieve any party hereto from any liability for breach of this Agreement before such termination.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Monarch Financial Holdings, Inc.)

Term Termination. The term of this Agreement shall commence on the date hereof. This Agreement shall terminate upon the earlier of (i) the Effective Time Date of the Merger, or (ii) termination of the Merger Agreement in accordance with Article 7 of the Merger Agreement. Other than as provided for herein, following the termination of this Agreement, there shall be no further liabilities or obligations hereunder on the part of the Shareholder, XBKS Holding Company or UBSHTowne, or their respective officers or directors, except that nothing in this Section 6 shall relieve any party hereto from any liability for breach of this Agreement before such termination.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Paragon Commercial CORP)

Term Termination. The term of this Agreement shall commence on the date hereof. This Agreement shall terminate upon the earlier of (i) the Effective Time Date of the Merger, or (ii) termination of the Merger Agreement in accordance with Article 7 of the Merger Agreement. Other than as provided for herein, following the termination of this Agreement, there shall be no further liabilities or obligations hereunder on the part of the ShareholderStockholder, XBKS Union or UBSHStellarOne, or their respective officers or directors, except that nothing in this Section 6 shall relieve any party hereto from any liability for breach of this Agreement before such termination.

Appears in 1 contract

Samples: Affiliate Agreement (Union First Market Bankshares Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.