Common use of Extension of Certain Time Periods Clause in Contracts

Extension of Certain Time Periods. The time periods for the exercise of certain rights under Sections 2, 7, 9, and 11 shall be extended: (i) to the extent necessary to obtain all regulatory approvals for the exercise of such rights (for so long as the Holder or Owner, as the case may be, is using reasonable efforts to obtain such regulatory approvals) and for the expiration of all statutory waiting periods; (ii) to the extent necessary to avoid liability under Section 16(b) of the Exchange Act by reason of such exercise; and (iii) in the event that an Initial Triggering Event may occur pursuant to Section 2(c)(vii) of this Agreement, after the passage of a period of time or cure period under the Merger Agreement, for a period of time equal to any notice or cure periods provided to Blue River in connection with any breach that would permit Heartland to terminate the Merger Agreement.

Extension of Certain Time Periods. The time periods for the exercise of certain rights under Sections 2, 7, 9, and 11 shall be extended: (i) to the extent necessary to obtain all regulatory approvals for the exercise of such rights (for so long as the Holder or Owner, as the case may be, is using reasonable efforts to obtain such regulatory approvals) and for the expiration of all statutory waiting periods; (ii) to the extent necessary to avoid liability under Section 16(b) of the Exchange Act by reason of such exercise; and (iii) in the event that an Initial Triggering Event may occur pursuant to Section 2(c)(vii) of this Agreement, after the passage of a period of time or cure period under the Merger Agreement, for a period of time equal to any notice or cure periods provided to Blue River Heartland in connection with any breach that would permit Heartland Blue River to terminate the Merger Agreement.