Common use of Understanding of Restrictions on Dispositions Clause in Contracts

Understanding of Restrictions on Dispositions. The undersigned has carefully read the Agreement and this Affiliate Agreement and discussed their requirements and impact upon his or her ability to sell, transfer, or otherwise dispose of the shares of BancTrust Common Stock received by the undersigned, to the extent he or she believes necessary, with his or her counsel or counsel for CommerceSouth.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Commercesouth Inc), Agreement and Plan of Merger (Banctrust Financial Group Inc)

AutoNDA by SimpleDocs

Understanding of Restrictions on Dispositions. The undersigned has carefully read the Agreement and this Affiliate Agreement and discussed their requirements and impact upon his or her ability to sell, transfer, or otherwise dispose of the shares of BancTrust Surviving Corporation Common Stock received by the undersigned, to the extent he or she believes necessary, with his or her counsel or counsel for CommerceSouthBancTrust.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Peoples Banctrust Co Inc), Agreement and Plan of Merger (South Alabama Bancorporation Inc /De/)

Understanding of Restrictions on Dispositions. The undersigned has carefully read the Agreement and this Affiliate Agreement and discussed their requirements and impact upon his or her ability to sell, transfer, transfer or otherwise dispose of the shares of BancTrust Colony Common Stock received by the undersignedundersigned in connection with the Merger, to the extent he or she believes necessary, with his or her counsel or counsel for CommerceSouthQuitman.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Colony Bankcorp Inc), Agreement and Plan of Merger (Quitman Bancorp Inc)

Understanding of Restrictions on Dispositions. The undersigned has carefully read the Agreement and this Affiliate Agreement and discussed their requirements and impact upon his or her ability to sell, transfer, transfer or otherwise dispose of the shares of BancTrust Purchaser Common Stock received by the undersignedundersigned in connection with the Merger, to the extent he or she believes necessary, with his or her counsel or counsel for CommerceSouthFCB.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Atlantic Southern Financial Group, Inc.)

Understanding of Restrictions on Dispositions. The undersigned has carefully read the Agreement and this Affiliate Agreement and discussed their requirements and impact upon his or her ability to sell, transfer, transfer or otherwise dispose of the shares of BancTrust WGNB Common Stock received by the undersignedundersigned in connection with the Merger, to the extent he or she believes necessary, with his or her counsel or counsel for CommerceSouthFirst Xxxxxxxx.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (WGNB Corp)

Understanding of Restrictions on Dispositions. The undersigned has carefully read the Agreement and this Affiliate Agreement and discussed their requirements and impact upon his or her the undersigned's ability to sell, transfer, or otherwise dispose of the shares of BancTrust UPC Common Stock received by the undersigned, to the extent he or she the undersigned believes necessary, with his or her the undersigned's counsel or counsel for CommerceSouthTarget.

Appears in 1 contract

Samples: Affiliate Agreement (Magna Group Inc)

Understanding of Restrictions on Dispositions. The undersigned has carefully read the Agreement and this Affiliate Agreement and discussed their requirements and impact upon his or her ability to sell, transfer, or otherwise dispose of the shares of BancTrust SouthTrust Common Stock received by the undersigned, to the extent he or she believes necessary, with his or her counsel or counsel for CommerceSouthBFC.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Bankers First Corp)

AutoNDA by SimpleDocs

Understanding of Restrictions on Dispositions. The undersigned has carefully read the Agreement and this Affiliate Agreement and discussed their requirements and impact upon his or her ability to sell, transfer, transfer or otherwise dispose of the shares of BancTrust the Surviving Corporation Common Stock received by the undersigned, to the extent he or she the undersigned believes necessary, with his or her the undersigned's counsel or counsel for CommerceSouthXxxxxx Xxxxxxxx.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Premier Bancshares Inc /Ga)

Understanding of Restrictions on Dispositions. The undersigned has carefully read the Agreement and this Affiliate Agreement and discussed their requirements and impact upon his or her ability to sell, transfer, transfer or otherwise dispose of the shares of BancTrust Company Common Stock (if any) received by the undersignedundersigned in connection with the Merger, or to compete with the Company, the Bank or their Affiliates following the Merger, to the extent he or she believes necessary, with his or her counsel or counsel for CommerceSouthTBI.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Community Bank Shares of Indiana Inc)

Understanding of Restrictions on Dispositions. The undersigned has carefully read the Agreement and this Affiliate Agreement and discussed their requirements and impact upon his or her ability to sell, transfer, transfer or otherwise dispose of the shares of BancTrust the Surviving Corporation Common Stock received by the undersigned, to the extent he or she the undersigned believes necessary, with his or her the undersigned's counsel or counsel for CommerceSouthCentral and Southern.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Central & Southern Holding Co/Ga)

Understanding of Restrictions on Dispositions. The undersigned --------------------------------------------- has carefully read the Agreement and this Affiliate Agreement and discussed their requirements and impact upon his or her ability to sell, transfer, transfer or otherwise dispose of the shares of BancTrust the Surviving Corporation Common Stock received by the undersigned, to the extent he or she the undersigned believes necessary, with his or her the undersigned's counsel or counsel for CommerceSouthCentral and Southern.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (First Alliance/Premier Bancshares Inc)

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