Common use of Reasonable and Diligent Efforts Clause in Contracts

Reasonable and Diligent Efforts. The Parties shall use their respective commercially reasonable efforts in good faith to satisfy the various conditions to Closing and to consummate the Merger as soon as practicable. No Party will intentionally take or intentionally permit to be taken any action that would be in breach of the terms or provisions of this Agreement (including any action that would impair or impede the timely obtainment of the regulatory approvals referenced in Section 6.4 or Section 7.4) or that would cause any of the representations contained herein to be or become untrue.

Appears in 8 contracts

Samples: Agreement and Plan of Merger (First Mid Bancshares, Inc.), Agreement and Plan of Merger (First Mid Bancshares, Inc.), Agreement and Plan of Merger (First Mid Bancshares, Inc.)

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Reasonable and Diligent Efforts. The Parties shall use their respective commercially reasonable and diligent efforts in good faith to satisfy the various conditions to Closing and to consummate the Merger as soon as practicable. No Party None of the Parties will intentionally take or intentionally permit to be taken any action that would be in breach of the terms or provisions of this Agreement (including any action that would impair or impede the timely obtainment of the regulatory approvals referenced in Section 6.4 or Section 7.4Sections 7.3 and 8.3) or that would cause any of the representations contained herein to be or become untrue.

Appears in 4 contracts

Samples: Agreement and Plan of Merger (First Community Financial Partners, Inc.), Agreement and Plan of Merger (First Community Financial Partners, Inc.), Agreement and Plan of Merger (First Community Financial Partners, Inc.)

Reasonable and Diligent Efforts. The Parties shall use their respective commercially reasonable and diligent efforts in good faith to satisfy the various conditions to Closing and to consummate the Merger as soon as practicable. No Party will intentionally take or intentionally permit to be taken any action that would be in breach of the terms or provisions of this Agreement (including any action that would impair or impede the timely obtainment of the regulatory approvals referenced in Section 6.4 or Section 7.4Sections 6.3 and 7.3) or that would cause any of the representations contained herein to be or become untrue.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Community Financial Shares Inc)

Reasonable and Diligent Efforts. The Subject to Section 6.7, the Parties shall use their respective commercially reasonable and diligent efforts in good faith to satisfy the various conditions to Closing and to consummate the Merger as soon as practicable. No Party None of the Parties will intentionally take or intentionally permit to be taken any action that would be in breach of the terms or provisions of this Agreement (including any action that would impair or impede the timely obtainment of the regulatory approvals referenced in Section 6.4 or Section 7.4) Regulatory Approvals or that would cause any of the representations contained herein to be or become untrue).

Appears in 1 contract

Samples: Merger Agreement (People's Utah Bancorp)

Reasonable and Diligent Efforts. The Subject to Section 6.5, the Parties shall use their respective commercially reasonable and diligent efforts in good faith to satisfy the various conditions to Closing and to consummate the Merger as soon as practicable. No Party None of the Parties will intentionally take or intentionally permit to be taken any action that would be in breach of the terms or provisions of this Agreement (including any action that would impair or impede the timely obtainment of the regulatory approvals referenced in Section 6.4 or Section 7.4) Regulatory Approvals or that would cause any of the representations contained herein to be or become untrue).

Appears in 1 contract

Samples: Merger Agreement (People's Utah Bancorp)

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Reasonable and Diligent Efforts. The Parties shall use their respective commercially reasonable efforts in good faith to satisfy the various conditions to Closing and to consummate the Merger as soon as practicable. No Party will intentionally take or intentionally permit to be taken any action that would be in breach of the terms or provisions of this Agreement (including any action that would impair or impede the timely obtainment of the regulatory approvals referenced in Section 6.4 7.4 or Section 7.48.4) or that would cause any of the representations contained herein to be or become untrue.

Appears in 1 contract

Samples: Agreement and Plan of Merger (First Mid Bancshares, Inc.)

Reasonable and Diligent Efforts. The Subject to the terms and conditions of this Agreement, the Parties shall use their respective commercially reasonable and diligent efforts in good faith to satisfy the various conditions to Closing and to consummate the Merger as soon as reasonably practicable. No Party None of the Parties will intentionally take or intentionally permit to be taken any action that would be in breach of the terms or provisions of this Agreement (including any action that would impair or impede the timely obtainment of the regulatory approvals referenced in Section 6.4 or Section 7.4Sections 7.3 and 8.4) or that would cause any of the representations contained herein to be or become untrue.

Appears in 1 contract

Samples: Agreement and Plan of Merger (BankFinancial CORP)

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