Common use of No Regulatory Approval Clause in Contracts

No Regulatory Approval. By FBMS or SWGB, if either of their respective boards of directors so determines by a vote of a majority of the members of its entire board, in the event any Regulatory Approval required for consummation of the transactions contemplated by this Agreement shall have been denied by final, non-appealable action by such Governmental Authority or an application therefor shall have been permanently withdrawn at the request of a Governmental Authority.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Southwest Georgia Financial Corp), Agreement and Plan of Merger (First Bancshares Inc /MS/)

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No Regulatory Approval. By FBMS or SWGBSSNF, if either of their respective boards of directors so determines by a vote of a majority of the members of its entire board, in the event any Regulatory Approval required for consummation of the transactions contemplated by this Agreement shall have been denied by final, non-appealable action by such Governmental Authority or an application therefor shall have been permanently withdrawn at the request of a Governmental Authority.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (First Bancshares Inc /MS/), Agreement and Plan of Merger (Sunshine Financial, Inc.)

No Regulatory Approval. By FBMS or SWGBHSBI, if either of their respective boards of directors so determines by a vote of a majority of the members of its entire board, in the event any Regulatory Approval required for consummation of the transactions contemplated by this Agreement shall have been denied by final, non-appealable action by such Governmental Authority or an application therefor shall have been permanently withdrawn at the request of a Governmental Authority.

Appears in 1 contract

Samples: Voting Agreement (First Bancshares Inc /MS/)

No Regulatory Approval. By FBMS or SWGBSWBS, if either of their respective boards of directors so determines by a vote of a majority of the members of its entire board, in the event any Regulatory Approval required for consummation of the transactions contemplated by this Agreement shall have been denied by final, non-appealable action by such Governmental Authority or an application therefor shall have been permanently withdrawn at the request of a Governmental Authority.

Appears in 1 contract

Samples: Agreement and Plan of Merger (First Bancshares Inc /MS/)

No Regulatory Approval. By FBMS Buyer or SWGBFNB, if either of their respective boards of directors so determines by a vote of a majority of the members of its entire board, in the event any Regulatory Approval required for consummation of the transactions contemplated by this Agreement shall have been denied by final, non-appealable action by such Governmental Authority or an application therefor shall have been permanently withdrawn at the request of a Governmental Authority.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Bank of the Ozarks Inc)

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No Regulatory Approval. By FBMS or SWGBBBI, if either of their respective boards of directors so determines by a vote of a majority of the members of its entire board, in the event any Regulatory Approval required for consummation of the transactions contemplated by this Agreement shall have been denied by final, non-appealable action by such Governmental Authority or an application therefor shall have been permanently withdrawn at the request of a Governmental Authority.

Appears in 1 contract

Samples: Agreement and Plan of Merger (First Bancshares Inc /MS/)

No Regulatory Approval. By FBMS or SWGBFPB, if either of their respective boards of directors so determines by a vote of a majority of the members of its entire board, in the event any Regulatory Approval required for consummation of the transactions contemplated by this Agreement shall have been denied by final, non-appealable action by such Governmental Authority or an application therefor shall have been permanently withdrawn at the request of a Governmental Authority.

Appears in 1 contract

Samples: Agreement and Plan of Merger (First Bancshares Inc /MS/)

No Regulatory Approval. By FBMS or SWGBFFB, if either of their respective boards of directors so determines by a vote of a majority of the members of its entire board, in the event any Regulatory Approval required for consummation of the transactions contemplated by this Agreement shall have been denied by final, non-appealable action by such Governmental Authority or an application therefor shall have been permanently withdrawn at the request of a Governmental Authority.

Appears in 1 contract

Samples: Agreement and Plan of Merger (First Bancshares Inc /MS/)

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