Common use of Contract Notices Clause in Contracts

Contract Notices. O.A.K. or the O.A.K. Subsidiaries shall send to each vendor, as and when permitted after the date of this Plan of Merger, such notices of nonrenewal as may be necessary or appropriate under the terms of these Technology-Related Contracts to prevent them from automatically renewing for a term extending beyond the Effective Time. Such notices may be conditioned upon the consummation of the Merger.

Appears in 2 contracts

Sources: Merger Agreement (O a K Financial Corp), Merger Agreement (Chemical Financial Corp)

Contract Notices. O.A.K. Company or the O.A.K. Company's Subsidiaries shall send to each vendor, as and when permitted after the date of this Plan of MergerAgreement, such notices of nonrenewal as may be necessary or appropriate under the terms of these Technology-Related Contracts to prevent them from automatically renewing for a term extending beyond the Effective Time. Such notices may be conditioned upon the consummation of the Merger.

Appears in 1 contract

Sources: Merger Agreement (Chemical Financial Corp)