Common use of No Regulatory Approval Clause in Contracts

No Regulatory Approval. By the Company or the Seller, if its Board of Directors so determines, in the event the approval of any Governmental Authority required for consummation of the Merger and the other transactions contemplated by this Agreement shall have been denied by final nonappealable action of such Governmental Authority.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Midwest Banc Holdings Inc), Agreement and Plan of Merger (Midwest Banc Holdings Inc), Agreement and Plan of Merger (Stifel Financial Corp)

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No Regulatory Approval. By the Company either Buyer or the SellerCompany, if its Board board of Directors directors so determinesdetermines by a majority vote of the members of its entire board of directors, in the event the approval of any Governmental Authority required for consummation of the Merger and the other transactions contemplated by this Agreement or Bank Merger shall have been denied by final final, nonappealable action by such Governmental Authority or an application seeking approval of such the Merger or Bank Merger shall have been permanently withdrawn at the request of a Governmental Authority.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Independent Bank Corp), Agreement and Plan of Merger (Independent Bank Corp)

No Regulatory Approval. By the Company or the SellerParent, if its Board of Directors so determinesdetermines by a vote of a majority of the members of its entire Board, in the event (i) the approval of any Governmental Authority required for consummation of the Merger and the other transactions contemplated by this Agreement shall have been denied by final nonappealable action of such Governmental AuthorityAuthority or an application therefor shall have been permanently withdrawn at the request of a Governmental Authority or (ii) the shareholder approval referred to in Section 7.01(a) herein is not obtained at the Company Meeting.

Appears in 1 contract

Samples: Shareholder Agreement (Banknorth Group Inc/Me)

No Regulatory Approval. By the Company Buyer or the SellerCompany, if its Board of Directors so determinesdetermines by a vote of a majority of the members of its entire Board, in the event the approval of any Governmental Authority required for consummation of the Merger and the other transactions contemplated by this Agreement shall have been denied by final final, nonappealable action by such Governmental Authority or an application therefor shall have been permanently withdrawn at the request of such a Governmental Authority.

Appears in 1 contract

Samples: Settlement Agreement (Independent Bank Corp)

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No Regulatory Approval. By the Company either Buyer or the SellerCompany, if its Board board of Directors directors so determinesdetermines by a majority vote of the members of its entire board of directors, in the event the approval of any Governmental Authority required for consummation of the Merger and or the other transactions contemplated by this Agreement Bank Merger shall have been denied by final final, nonappealable action by such Governmental Authority or an application seeking approval of such the Merger or the Bank Merger shall have been permanently withdrawn at the request of a Governmental Authority.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Independent Bank Corp)

No Regulatory Approval. By the Company either Seller or the SellerBuyer, if its Board of Directors so determines, in the event the any Governmental Entity that must grant regulatory approval of any Governmental Authority required for consummation the Merger has denied approval of the Merger and such denial has become final and nonappealable or any Governmental Entity of competent jurisdiction shall have issued a final and nonappealable order permanently enjoining or otherwise prohibiting the other consummation of the transactions contemplated by this Agreement shall have been denied by final nonappealable action of such Governmental AuthorityAgreement.

Appears in 1 contract

Samples: Agreement and Plan of Merger (BNC Bancorp)

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