Amendment to Section 7 definition
Amendment to Section 7. 17: Section 7.17 of the Agreement is hereby amended and replaced in its entirety as follows: Immediately following the Effective Time, Merger Sub (a) shall cause the board of directors of Malvern Bank to take all actions as may be necessary by such board of directors to approve the Bank Merger Agreement and the Bank Merger, to the extent not already approved, (b) shall, as the sole shareholder of Malvern Bank thereupon approve the Bank Merger Agreement and the Bank Merger, to the extent not already approved, and (c) promptly following all such approvals, cause the Bank Merger Agreement to be executed and delivered by Malvern Bank.
Amendment to Section 7. Negative Covenants Liens and Related Matters. Subsection 7.2A of the Credit Agreement is hereby amended by (i) deleting the "and" at the end of clause (iv) therein, (ii) deleting the "." at the end of clause (v) therein and substituting therefore "; and", and (iii) adding at the end thereof the following new clause (vi):
Amendment to Section 7. Events of Default