Common use of Approvals of Regulatory Authorities Clause in Contracts

Approvals of Regulatory Authorities. ▇▇▇▇▇▇ Bancorp and ▇▇▇▇▇▇ Federal shall have received all Regulatory Approvals and other approvals necessary to effect the Merger (without the imposition of any condition that is in ▇▇▇▇▇▇ Bancorp's reasonable judgment unduly burdensome, excluding standard conditions that are normally imposed by the Regulatory Authorities in bank merger transactions); and all notice and waiting periods required thereunder shall have expired or been terminated;

Appears in 3 contracts

Sources: Merger Agreement (Innes Street Financial Corp), Merger Agreement (Innes Street Financial Corp), Merger Agreement (Innes Street Financial Corp)

Approvals of Regulatory Authorities. G▇▇▇▇▇ Bancorp and G▇▇▇▇▇ Federal shall have received all Regulatory Approvals and other approvals necessary to effect the Merger (without the imposition of any condition that is in G▇▇▇▇▇ Bancorp's reasonable judgment unduly burdensome, excluding standard conditions that are normally imposed by the Regulatory Authorities in bank merger transactions); and all notice and waiting periods required thereunder shall have expired or been terminated;

Appears in 1 contract

Sources: Merger Agreement (Gaston Federal Bancorp Inc)