Common use of Failure to Fulfill Conditions Clause in Contracts

Failure to Fulfill Conditions. In the event that either of the Parties hereto determines that a condition to its respective obligations to consummate the transactions contemplated may not be fulfilled on or prior to the termination of this Agreement, it will promptly notify the other Party. Each Party will promptly inform the other Party of any facts applicable to it that would be likely to prevent or materially delay approval of the Merger, the Conversion or any of the other transactions contemplated hereby by any Governmental Entity or third party or which would otherwise prevent or materially delay consummation of such transactions.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Home Federal Bancorp, Inc. Of Louisiana)

AutoNDA by SimpleDocs

Failure to Fulfill Conditions. In the event that either any of the Parties parties hereto determines that a condition to its respective obligations to consummate the transactions contemplated may hereby cannot be fulfilled on or prior to the termination of this AgreementAgreement pursuant to Section 7.1 hereof, it will promptly notify the other Partyparty or parties. Each Party party will promptly inform the other Party party or parties of any facts applicable to it that would be likely to prevent or materially delay approval of the Merger, Merger and the Conversion or any of the other transactions contemplated hereby by any Governmental Entity or third party or which would otherwise prevent or materially delay consummation completion of such transactionsthe Merger and the transactions contemplated hereby.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (R&g Financial Corp)

Failure to Fulfill Conditions. In the event that either of the Parties any party hereto determines that a condition to its respective obligations to consummate the transactions contemplated may hereby cannot be fulfilled on or prior to the termination of this Agreement, it will promptly notify the other Partyparties. Each Party party will promptly inform the other Party parties of any facts applicable to it that would be likely to prevent or materially delay approval of the Merger, the Conversion or any of the other transactions transaction contemplated hereby by any Governmental Entity or third party or which would otherwise other wise prevent or materially delay consummation completion of such transactions.

Appears in 1 contract

Samples: Asset Purchase Agreement (Atc Healthcare Inc /De/)

Failure to Fulfill Conditions. In the event that either any of the Parties parties hereto determines that a condition to its respective obligations to consummate the transactions contemplated may hereby cannot be fulfilled on or prior to the termination of this AgreementAgreement pursuant to Section 7.1 hereof, it will promptly notify the other Partyparties. Each Party party will promptly inform the other Party parties of any facts applicable to it that would be likely to prevent or materially delay approval of the Merger, Merger and the Conversion or any of the other transactions contemplated hereby by any Governmental Entity or third party or which would otherwise prevent or materially delay consummation completion of such transactionsthe Merger and the transactions contemplated hereby.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Usabancshares Com Inc)

Failure to Fulfill Conditions. In the event that either of the Parties any party hereto determines that a condition to its respective obligations to consummate the transactions contemplated may hereby cannot be fulfilled on or prior to the termination of this Agreement, it will promptly notify the other Partyparties. Each Party party will promptly inform the other Party parties of any facts applicable to it that would be likely to prevent or materially delay approval of the Merger, the Conversion or any of the other transactions transaction contemplated hereby by any Governmental Entity or third party or which would otherwise prevent or materially delay consummation completion of such transactions.

Appears in 1 contract

Samples: Asset Purchase Agreement (Atc Healthcare Inc /De/)

AutoNDA by SimpleDocs

Failure to Fulfill Conditions. In the event that either any of the Parties parties hereto determines that a condition to its respective obligations to consummate the transactions contemplated may hereby cannot be fulfilled on or prior to the termination of this AgreementAgreement pursuant to Section 7.1, it will promptly notify the other Partyparty or parties. Each Party party will promptly inform the other Party party or parties of any facts applicable to it that would be likely to prevent or materially delay approval of the Merger, Merger and the Conversion or any of the other transactions contemplated hereby by any Governmental Entity or third party or which would otherwise prevent or materially delay consummation completion of such transactionsthe Merger and the transactions contemplated hereby.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Pboc Holdings Inc)

Failure to Fulfill Conditions. In the event that either any of the Parties parties hereto ----------------------------- determines that a condition to its respective obligations to consummate the transactions contemplated may not be fulfilled on or prior to the termination of this Agreement, it such party will promptly notify the other Partyparty or parties. Each Party party will promptly inform the other Party party or parties of any facts applicable to it that would be likely to prevent or materially delay approval of the Merger, the Conversion or any of the other transactions contemplated hereby Merger by any Governmental Entity or third party or which would otherwise prevent or materially delay consummation completion of such transactionsthe Merger.

Appears in 1 contract

Samples: Agreement and Plan (Greater Bay Bancorp)

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