Common use of Effective Agreement Clause in Contracts

Effective Agreement. Subject to the receipt of any and all necessary Regulatory Approvals, the execution, delivery, and performance of this Agreement by BUYER, and the consummation of the transactions contemplated hereby, will not conflict with, result in the breach of, constitute a violation or default, result in the acceleration of payment or other obligations, or create a lien, charge, or encumbrance, under any of the provisions of the Articles of Incorporation or Code of Regulations or Bylaws of BUYER, under any judgment, decree, or order, under any law, rule, or regulation of any government or agency thereof, or under any material agreement, contract, or instrument of which BUYER is subject, where such conflict, breach, violation, default, acceleration, or lien would have a material adverse effect on BUYER’s ability to perform its obligations hereunder.

Appears in 2 contracts

Samples: Purchase and Assumption Agreement (Commercial Bancshares Inc \Oh\), Purchase and Assumption Agreement (Middlefield Banc Corp)

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Effective Agreement. Subject to the receipt of any and all necessary Regulatory ApprovalsApprovals and required consents, the execution, delivery, and performance of this Agreement by BUYERSELLER, and the consummation of the transactions contemplated hereby, will not conflict with, result in the breach of, constitute a violation or default, result in the acceleration of payment or other obligations, or create a lien, charge, or encumbrance, under any of the provisions of the Articles of Incorporation or Code of Regulations or Bylaws of BUYERSELLER, under any judgment, decree, or order, under any law, rule, or regulation of any government or agency thereof, or under any material contract, agreement, contract, or instrument of to which BUYER SELLER is subject, where such conflict, breach, violation, default, acceleration, or lien would have a material adverse effect on BUYERthe Assets or SELLER’s ability to perform its obligations hereunder.

Appears in 2 contracts

Samples: Purchase and Assumption Agreement (Middlefield Banc Corp), Purchase and Assumption Agreement (Commercial Bancshares Inc \Oh\)

Effective Agreement. Subject to the receipt of any and all necessary Regulatory Approvalsregulatory approvals and required consents, the execution, delivery, and performance of this Agreement by BUYER, SELLER and the consummation of the transactions contemplated hereby, will not conflict with, result in the breach of, constitute a violation or default, result in the acceleration of payment or other obligations, or create a lien, charge, charge or encumbrance, under any of the provisions of the Articles of Association or Incorporation or Code By-Laws of Regulations or Bylaws of BUYERSELLER, under any judgment, decree, decree or order, under any law, rule, or regulation of any government or agency thereof, or under any material agreement, contract, material agreement or material instrument of to which BUYER SELLER is subject, where such conflict, breach, violation, default, acceleration, acceleration or lien would have a material adverse effect on BUYERthe Assets or SELLER’s ability to perform its obligations hereunder.

Appears in 1 contract

Samples: Purchase and Assumption Agreement (Home Bancshares Inc)

Effective Agreement. Subject to the receipt of any and all necessary Regulatory Approvalsregulatory approvals and the required consents, the execution, delivery, and performance of this Agreement by BUYER, and the consummation of the transactions contemplated hereby, will not conflict with, result in the breach of, constitute a violation or default, result in the acceleration of payment or other obligations, or create a lien, charge, charge or encumbrance, under any of the provisions of the Articles of Incorporation or Code of Regulations or Bylaws By-Laws of BUYER, under any judgment, decree, decree or order, under any law, rule, rule or regulation of any government or agency thereof, or under any material agreement, contract, material contract or material instrument of to which BUYER is subject, where such conflict, breach, violation, default, acceleration, acceleration or lien would have a material adverse effect on BUYER’s ability to perform its obligations hereunder.

Appears in 1 contract

Samples: Purchase and Assumption Agreement (Home Bancshares Inc)

Effective Agreement. Subject to the receipt of any and all necessary Regulatory Approvalsregulatory approvals and required consents, the execution, delivery, and performance of this Agreement by BUYER, SELLER and the consummation of the transactions contemplated hereby, will not conflict with, result in the breach of, constitute a violation or default, result in the acceleration of payment or other obligations, or create a lien, charge, charge or encumbrance, under any of the provisions of the Articles of Incorporation or Code ByLaws of Regulations or Bylaws of BUYERSELLER, under any judgment, decree, decree or order, under any law, rule, or regulation of any government or agency thereof, or under any material agreement, contract, material agreement or material instrument of to which BUYER SELLER is subject, where such conflict, breach, violation, default, acceleration, acceleration or lien would have a material adverse effect on BUYER’s the Assets or SELLER's ability to perform its obligations hereunder.

Appears in 1 contract

Samples: Office Purchase and Assumption Agreement (Peoples Bancorp Inc)

Effective Agreement. Subject to the receipt of any and all necessary Regulatory Approvalsregulatory approvals and required consents, the execution, delivery, and performance of this Agreement and each of the Transaction Documents by BUYER, BUYER and the consummation of the transactions contemplated herebyhereby and thereby, will not conflict with, result in the breach of, constitute a violation or default, result in the acceleration of payment or other obligations, or create a lien, charge, or encumbranceany Liens, under any of the provisions of the Articles of Incorporation or Incorporation, Code of Regulations or Bylaws other governing documents of BUYER, under any judgment, decree, decree or order, under any law, rule, rule or regulation of any government or agency thereof, or under any material agreement, contract, material contract or material instrument of to which BUYER is subject, where such conflict, breach, violation, default, acceleration, acceleration or lien Lien would have a material adverse effect on BUYER’s 's ability to perform its obligations hereunderhereunder or under any of the Transaction Documents.

Appears in 1 contract

Samples: Branch Office Purchase and Assumption Agreement (Ohio Legacy Corp)

Effective Agreement. Subject to the receipt of any and all necessary Regulatory Approvalsregulatory approvals, the execution, delivery, and performance of this Agreement by BUYER, and the consummation of the transactions contemplated hereby, will not conflict with, result in the breach of, constitute a violation or default, result in the acceleration of payment or other obligations, or create a lien, charge, charge or encumbrance, under any of the provisions of the Articles of Incorporation or Incorporation, Code of Regulations or Bylaws other governing documents of BUYER, under any judgment, decree, decree or order, under any law, rule, rule or regulation of any government or agency thereof, or under any material agreement, contract, material contract or material instrument of to which BUYER is subject, where such conflict, breach, violation, default, acceleration, acceleration or lien would have a material adverse effect on BUYER’s 's ability to perform its obligations hereunder.

Appears in 1 contract

Samples: Office Purchase and Assumption Agreement (Ohio Legacy Corp)

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Effective Agreement. Subject to the receipt of any and all necessary Regulatory Approvalsregulatory approvals (including approval of the Merger (as hereinafter defined)), the execution, delivery, and performance of this Agreement by BUYERBuyer, and the consummation of the transactions contemplated hereby, will not conflict with, result in the breach of, constitute a violation or default, result in the acceleration of payment or other obligations, or create a lien, charge, charge or encumbrance, under any of the provisions of the Articles of Incorporation or Code of Regulations Association or Bylaws of BUYERBuyer, under any judgment, decree, decree or order, under any law, rule, rule or regulation of any government or agency thereof, or under any material agreement, contract, material contract or material instrument of to which BUYER Buyer is subject, where such conflict, breach, violation, default, acceleration, acceleration or lien would have a material adverse effect on BUYER’s Buyer's ability to perform its obligations hereunder.

Appears in 1 contract

Samples: Branch Purchase and Assumption Agreement (Banc Corp)

Effective Agreement. Subject to the receipt of any and all necessary Regulatory Approvalsregulatory approvals and required consents, the execution, delivery, and performance of this Agreement by BUYER, Seller and the consummation of the transactions contemplated hereby, will not conflict with, result in the breach of, constitute a violation or default, result in the acceleration of payment or other obligations, or create a lien, charge, charge or encumbrance, under any of the provisions of the Articles of Incorporation or Code of Regulations or Bylaws of BUYERSeller, under any judgment, decree, decree or order, under any law, rule, or regulation of any government or agency thereof, or under any material agreement, contract, material agreement or material instrument of to which BUYER Seller is subject, where such conflict, breach, violation, default, acceleration, acceleration or lien would have a material adverse effect on BUYER’s the Assets or Seller's ability to perform its obligations hereunder.

Appears in 1 contract

Samples: Branch Purchase and Assumption Agreement (Banc Corp)

Effective Agreement. Subject to the receipt of any and all necessary Regulatory Approvalsregulatory approvals and required consents, the execution, delivery, and performance of this Agreement by BUYER, SELLER and the consummation of the transactions contemplated hereby, will not conflict with, result in the breach of, constitute a violation or default, result in the acceleration of payment or other obligations, or create a lien, charge, or encumbrance, under any of the provisions of the Articles of Incorporation or Code of Regulations Constitution or Bylaws of BUYERSELLER, under any judgment, decree, or order, under any law, rule, or regulation of any government or agency thereof, or under any material contract, agreement, contract, or instrument of to which BUYER SELLER is subject, where such conflict, breach, violation, default, acceleration, or lien would have a material adverse effect on BUYERthe Assets or SELLER’s ability to perform its obligations hereunder.

Appears in 1 contract

Samples: Purchase and Assumption Agreement (Middlefield Banc Corp)

Effective Agreement. Subject to the receipt of any and all necessary Regulatory Approvalsregulatory approvals and except for those contracts designated as requiring consent on Schedule F, the execution, delivery, and performance of this Agreement by BUYER, Seller and the consummation of the transactions contemplated hereby, will not conflict with, result in the breach of, constitute a violation or default, result in the acceleration of payment or other obligations, or create a lien, charge, charge or encumbrance, under any of the provisions of the Articles Articles, Bylaws or similar governing documents of Incorporation or Code of Regulations or Bylaws of BUYERSeller, under any judgment, decree, decree or order, under any law, rule, rule or regulation of any government or agency thereof, or under any material agreement, contract, material agreement or material instrument of to which BUYER Seller is subject, where which such breach, conflict, breach, violation, default, acceleration, acceleration or lien would have a material adverse effect on BUYER’s the Assets, the Acquisition or Seller's ability to perform its obligations hereunder.

Appears in 1 contract

Samples: Branch Purchase and Assumption Agreement (Ameriana Bancorp)

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