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 Association or By-Laws 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, material contract or material instrument to 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 4 contracts

Samples: Office Purchase and Assumption Agreement (Community First Bankshares Inc), Office Purchase and Assumption Agreement (Heartland Financial Usa Inc), Office Purchase and Assumption Agreement (Isb Financial Corp/La)

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Effective Agreement. Subject to the receipt of any and all necessary regulatory approvalsRegulatory Approvals and required third party consents, the execution, delivery, and performance of this Agreement by BUYER, Seller and the consummation of the transactions transaction 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 encumbrancean Encumbrance, under any of the provisions of the Articles of Association Charter or By-Laws 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, material contract or material instrument to which BUYER Seller is subject, where such conflict, breach, violation, default, acceleration acceleration, or lien Encumbrance would have a material adverse effect on BUYERthe business of any Branch or Seller's ability to perform its obligations hereunder.

Appears in 2 contracts

Samples: Branch Purchase and Assumption Agreement (Park National Corp /Oh/), Branch Purchase and Assumption Agreement (First Federal Financial Services Corp)

Effective Agreement. Subject to the receipt of any and all necessary regulatory approvalsRegulatory Approvals and required third party consents, the execution, delivery, and performance of this Agreement by BUYER, Purchaser and the consummation of the transactions transaction 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 encumbrancean Encumbrance, under any of the provisions of the Articles of Association or By-Laws of BUYERPurchaser, 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, material contract or material instrument to which BUYER Purchaser is subject, where such conflict, breach, violation, default, acceleration acceleration, or lien would have a material adverse effect on BUYERPurchaser's ability to perform its obligations hereunder.

Appears in 2 contracts

Samples: Branch Purchase and Assumption Agreement (First Federal Financial Services Corp), Branch Purchase and Assumption Agreement (Park National Corp /Oh/)

Effective Agreement. Subject to the receipt of any and all -------------------- necessary regulatory approvals, the execution, delivery, delivery and performance of this Agreement by BUYER, BUYER and the consummation of the transactions contemplated hereby, will not conflict with, result in the breach of, constitute a violation or default, default or result in the acceleration of payment or other obligationsobligations under, or create a lien, charge or encumbranceencumbrance under, under any of the provisions of the Articles of Association or By-Laws 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, material contract or material instrument to 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 1 contract

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

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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 BUYER, Purchaser and the a 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 Association Charter or By-Laws laws of BUYERPurchaser, under any judgment, decree or order, under any law, rule or regulation of any government or agency thereof, or under any material agreementcontract, material contract agreement or material instrument to which BUYER Purchaser is subject, where except for any such conflict, breach, violation, default, acceleration or lien which would not have a material adverse effect on BUYERthe Purchaser's ability to perform its obligations hereunder.

Appears in 1 contract

Samples: Purchase and Assumption Agreement (Republic Bancorp Inc /Ky/)

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