Common use of Termination; Extension of Closing Date Clause in Contracts

Termination; Extension of Closing Date. This Agreement shall terminate and shall be of no further force or effect as between the parties hereto, except as to the liability for actual direct damages due to a willful breach of any material representation, warranty or covenant occurring or arising prior to the date of termination, upon the occurrence of any of the following:

Appears in 6 contracts

Samples: Purchase and Assumption Agreement, Purchase and Assumption Agreement (Bar Harbor Bankshares), Purchase and Assumption Agreement (DNB Financial Corp /Pa/)

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Termination; Extension of Closing Date. This Agreement shall terminate and shall be of no further force or effect as between the parties hereto, except as to the liability for actual direct damages due to a willful breach of any material representation, warranty or covenant occurring or arising prior to the date of termination, upon the occurrence of any of the following:

Appears in 3 contracts

Samples: Purchase and Assumption Agreement (Eagle Financial Corp), Purchase and Assumption Agreement (Webster Financial Corp), Purchase and Assumption Agreement (Eagle Financial Corp)

Termination; Extension of Closing Date. This Agreement shall terminate and shall be of no further force or effect as between the parties hereto, except as to the liability for actual direct damages due to a willful breach of any material representation, warranty or covenant occurring or arising prior to the date of termination, termination upon the occurrence of any of the following:

Appears in 2 contracts

Samples: Purchase and Assumption Agreement (Cib Marine Bancshares Inc), Purchase and Assumption Agreement (1st United Bancorp, Inc.)

Termination; Extension of Closing Date. This Agreement shall terminate and shall be of no further force or effect as between the parties hereto, except as to the provided on Schedule 9.8(b) and except for liability for actual direct damages due to a willful breach of any material representation, warranty warranty, covenant or covenant agreement occurring or arising prior to the date of termination, upon the occurrence of any of the following:

Appears in 1 contract

Samples: Purchase and Assumption Agreement (Sovereign Bancorp Inc)

Termination; Extension of Closing Date. This Agreement shall terminate and shall be of no further force or effect as between the parties hereto, except as to the liability for actual direct damages due to a willful material breach of any material representation, warranty or covenant 4832-5501-9850v.12 0058243-000353 occurring or arising prior to the date of terminationtermination and except as set forth in Section 16.13, upon the occurrence of any of the following:

Appears in 1 contract

Samples: Purchase and Assumption Agreement (People's Utah Bancorp)

Termination; Extension of Closing Date. This Agreement shall terminate and shall be of no further force or effect as between the parties hereto, except as to the liability for actual direct damages due to a willful breach of any material representation, warranty or covenant occurring or arising prior to the date of termination, upon the occurrence of any of the following:

Appears in 1 contract

Samples: Purchase and Assumption Agreement (Arrow Financial Corp)

Termination; Extension of Closing Date. This Agreement shall terminate and shall be of no further force or effect as between the parties hereto, except as to the liability for actual direct damages due to a willful breach of any material representation, warranty or covenant occurring or arising prior to the date of termination, upon the occurrence of any of the following:

Appears in 1 contract

Samples: Purchase and Assumption Agreement (Westbank Corp)

Termination; Extension of Closing Date. This Agreement shall terminate and shall be of no further force or effect as between the parties hereto, except as to the liability for actual direct damages due to a willful breach of any material representation, warranty or covenant occurring or arising prior to the date of termination, and except for the confidentiality obligations set forth in Section 16.6, upon the occurrence of any of the following:

Appears in 1 contract

Samples: Purchase and Assumption Agreement (Bar Harbor Bankshares)

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Termination; Extension of Closing Date. This Agreement shall terminate and shall be of no further force or effect as between the parties hereto, except as to the liability for actual direct damages due to a willful material breach of any material representation, warranty or covenant occurring or arising prior to the date of terminationtermination and except as set forth in Section 16.13, upon the occurrence of any of the following:

Appears in 1 contract

Samples: Purchase and Assumption Agreement (Independent Bank Corp /Mi/)

Termination; Extension of Closing Date. This Agreement -------------------------------------- shall terminate and shall be of no further force or effect as between the parties hereto, except as to the liability for actual direct damages due to a willful breach of any material representation, warranty or covenant occurring or arising prior to the date of termination, upon the occurrence of any of the following:

Appears in 1 contract

Samples: Purchase and Assumption Agreement (New Hampshire Thrift Bancshares Inc)

Termination; Extension of Closing Date. This Agreement shall terminate and shall be of no further force or effect as between the parties hereto, except as to the provided in Section 8.8(a) hereof and except for liability for actual direct damages due to a willful breach of any material representation, warranty warranty, covenant or covenant agreement occurring or arising prior to the date of termination, upon the occurrence of any of the following:

Appears in 1 contract

Samples: Purchase and Assumption Agreement (Sovereign Bancorp Inc)

Termination; Extension of Closing Date. This Agreement -------------------------------------- shall terminate and shall be of no further force or effect as between the parties hereto, except as to the liability for actual direct damages due to a willful breach of any material representation, warranty or covenant occurring or arising prior to the date of termination, upon the occurrence of any of the following:

Appears in 1 contract

Samples: Purchase and Assumption Agreement (Greater Atlantic Financial Corp)

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