Common use of No Acquisitions Clause in Contracts

No Acquisitions. Company and Company Bank shall not acquire or agree to acquire, by merging or consolidating with, by purchasing an equity interest in any assets of, by forming a partnership or joint venture with, or in any other manner, any business or any corporation, partnership, association or other business organization or division thereof or otherwise acquire or agree to acquire any material assets not in the ordinary course of business; provided, however, that the foregoing shall not prohibit foreclosures, repossessions or other DPC acquisitions in the ordinary course of business.

Appears in 3 contracts

Samples: Agreement of Merger (First Choice Bancorp), Agreement and Plan of Reorganization and Merger (Sierra Bancorp), Agreement and Plan of Reorganization and Merger (Sierra Bancorp)

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No Acquisitions. Company and Company Bank shall not acquire or agree to acquire, acquire --------------- by merging or consolidating with, or by purchasing an equity interest in any a substantial portion of the assets of, or by forming a partnership or joint venture with, or in any other manner, any business or any corporation, partnership, association or other business organization or division thereof or otherwise acquire or agree to acquire make any material assets not in the ordinary course of business; provided, however, that the foregoing shall not prohibit foreclosures, repossessions or other DPC acquisitions in the ordinary course of businesssuch acquisition.

Appears in 3 contracts

Samples: Agreement and Plan of Reorganization (Primus Knowledge Solutions Inc), Agreement and Plan of Reorganization (Expedia Inc), The Agreement and Plan of Reorganization (Expedia Inc)

No Acquisitions. Company and Company Bank shall not acquire or agree to acquire, acquire by merging or consolidating with, or by purchasing an equity interest in any a substantial portion of the assets of, or by forming a partnership or joint venture with, or in any other manner, any business or any corporation, partnership, association or other business organization or division thereof or otherwise acquire or agree to acquire make any material assets not in the ordinary course of business; provided, however, that the foregoing shall not prohibit foreclosures, repossessions or other DPC acquisitions in the ordinary course of businesssuch acquisition.

Appears in 2 contracts

Samples: Agreement and Plan of Reorganization (Primus Knowledge Solutions Inc), Share Purchase Agreement (Primus Knowledge Solutions Inc)

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No Acquisitions. The Company and Company Bank shall not acquire or agree to acquireacquire by merger or consolidation, by merging or consolidating with, by purchasing an a substantial equity interest in any or a substantial portion of the assets of, or by forming a partnership or joint venture with, or in any other manner, any business or any corporation, partnership, association or other business organization or division thereof or otherwise acquire or agree to acquire any material assets not in the ordinary course of business; provided, however, that the foregoing shall not prohibit foreclosures, repossessions or other DPC acquisitions in the ordinary course of businessassets.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Clearone Communications Inc), Agreement and Plan of Merger (Iomed Inc)

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