Common use of Extensions; Waivers Clause in Contracts

Extensions; Waivers. Each party to this Bank Plan of Merger, by a written instrument signed by a duly authorized officer, may extend the time for the performance of any of the obligations or other acts of the other party hereto, and may waive compliance with any of the covenants, or performance of any of the obligations, of the other party contained in this Bank Plan of Merger.

Appears in 2 contracts

Sources: Merger Agreement (Community Bank System, Inc.), Merger Agreement (Merchants Bancshares Inc)

Extensions; Waivers. Each Except where not permitted by law, each party to this Bank Plan of MergerMerger Agreement, by a written instrument signed by a duly authorized officer, may extend the time for the performance of any of the obligations or other acts of the other party hereto, and may waive compliance with any of the covenants, or performance of any of the obligations, of the other party contained in this Bank Plan of MergerMerger Agreement.

Appears in 2 contracts

Sources: Merger Agreement (Norwood Financial Corp), Merger Agreement (Citizens Financial Services Inc)

Extensions; Waivers. Each Except where not permitted by law, each party to this Bank Plan of MergerMerger Agreement, by a written instrument signed by a duly authorized officer, may extend the time for the performance of any of the obligations or other acts of the other party hereto, and may waive compliance with any of the covenants, or performance of any of the obligations, of the other party contained in this Bank Plan of Merger.Merger Agreement. ​

Appears in 2 contracts

Sources: Merger Agreement (PB Bankshares, Inc.), Merger Agreement (PB Bankshares, Inc.)