Common use of Effective Agreement Clause in Contracts

Effective Agreement. Subject to the receipt of any and all necessary regulatory approvals and required consents, the execution, delivery, and performance of this Agreement by 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 Articles of Association or By-Laws of SELLER, under any judgment, decree or order, under any law, rule, or regulation of any government or agency thereof, or under any material contract, material agreement or material instrument to which SELLER is subject, where such conflict, breach, violation, default, acceleration or lien would have a material adverse effect on the Assets or SELLER'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 approvals and required consentsapprovals, the execution, delivery, and performance of this Agreement by SELLER 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 Incorporation or By-Laws ByLaws of SELLERBUYER, under any judgment, decree or order, under any law, rule, rule or regulation of any government or agency thereof, or under any material contractagreement, material agreement contract or material instrument to which SELLER BUYER is subject, where such conflict, breach, violation, default, acceleration or lien would have a material adverse effect on the Assets or SELLERBUYER'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 approvals Regulatory Approvals and required third party consents, the execution, delivery, and performance of this Agreement by SELLER 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 SELLERPurchaser, under any judgment, decree decree, or order, under any law, rule, or regulation of any government or agency thereof, or under any material contract, material agreement contract or material instrument to which SELLER Purchaser is subject, where such conflict, breach, violation, default, acceleration acceleration, or lien would have a material adverse effect on the Assets or SELLER's Purchaser’s ability to perform its obligations hereunder.

Appears in 1 contract

Samples: Branch Purchase and Assumption Agreement (LNB Bancorp Inc)

Effective Agreement. Subject to the receipt of any and all necessary regulatory approvals and required consentsapprovals, the execution, delivery, delivery and performance of this Agreement by SELLER 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 encumbrance, under any of the provisions of Articles the Charter, Bylaws or similar governing documents of Association or By-Laws of SELLERPurchaser, under any judgment, decree or order, under any law, rule, rule or regulation of any government or agency thereof, or under any material contractagreement, material agreement contract or material instrument to which SELLER Purchaser is subject, where which such conflict, breach, conflict violation, default, acceleration acceleration, or lien would have a material adverse effect on the Assets Acquisition or SELLERPurchaser's ability to perform its obligations hereunder.

Appears in 1 contract

Samples: Branch Purchase and Assumption Agreement (Ameriana Bancorp)

Effective Agreement. Subject to the receipt of any and all necessary regulatory approvals and required consents, the execution, delivery, and performance of this Agreement by 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 Articles of Association or By-Laws of SELLER, under any judgment, decree or order, under any law, rule, or regulation of any government or agency thereof, or under any material contract, material agreement or material instrument to which SELLER is subject, where such conflict, breach, violation, default, acceleration or lien would have a material adverse effect on the Assets or SELLER's ’s ability to perform its obligations hereunder.

Appears in 1 contract

Samples: Office Purchase and Assumption Agreement (CSB Bancorp Inc /Oh)

Effective Agreement. Subject to the receipt of any and all necessary regulatory approvals Regulatory Approvals and required third party consents, the execution, delivery, and performance of this Agreement by SELLER 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 Articles of Association the Charter or By-Laws of SELLERSeller, under any judgment, decree decree, or order, under any law, rule, or regulation of any government or agency thereof, or under any material contract, material agreement contract or material instrument to which SELLER Seller is subject, where such conflict, breach, violation, default, acceleration acceleration, or lien Encumbrance would have a material adverse effect on the Assets business of any Branch or SELLER's Seller’s ability to perform its obligations hereunder.

Appears in 1 contract

Samples: Branch Purchase and Assumption Agreement (LNB Bancorp Inc)

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Effective Agreement. Subject to the receipt of any and all necessary regulatory approvals and required consentsapprovals, the execution, delivery, and performance of this Agreement by SELLER 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 Incorporation, Code of Regulations or By-Laws other governing documents of SELLERBUYER, under any judgment, decree or order, under any law, rule, rule or regulation of any government or agency thereof, or under any material contractagreement, material agreement contract or material instrument to which SELLER BUYER is subject, where such conflict, breach, violation, default, acceleration or lien would have a material adverse effect on the Assets or SELLER's BUYER’s ability to perform its obligations hereunder.

Appears in 1 contract

Samples: Office Purchase and Assumption Agreement (CSB Bancorp Inc /Oh)

Effective Agreement. Subject to the receipt of any and all necessary regulatory approvals and required consentsapprovals, the execution, delivery, and performance of this Agreement by SELLER 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 Association Incorporation or By-Laws Code of SELLERRegulations of BUYER, 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 to of which SELLER BUYER is subject, where such conflict, breach, violation, default, acceleration acceleration, or lien would have a material adverse effect on the Assets or SELLER's BUYER’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 approvals and required consentsapprovals, the execution, delivery, and performance of this Agreement by SELLER 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 Association or By-Laws Bylaws of SELLERSeller, under any judgment, decree or order, under any law, rule, rule or regulation of any government or agency thereof, or under any material contract, material agreement or material instrument to which SELLER Seller is subject, where which such breach, conflict, breach, violation, default, acceleration or lien would have a material adverse effect on the Assets Assets, the Acquisition or SELLER's Seller’s ability to perform its obligations hereunder.

Appears in 1 contract

Samples: Purchase and Assumption Agreement (Nb&t Financial Group Inc)

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