Common use of Failure to Fulfill Conditions Clause in Contracts

Failure to Fulfill Conditions. In the event that either of the Parties hereto determines that a condition to its respective obligations to consummate the transactions contemplated may not be fulfilled on or prior to the termination of this Agreement, it promptly will notify the other party. Each party promptly will inform the other party of any facts applicable to it that would be likely to prevent or materially delay approval of the Merger by any Governmental Authority or third party or that would otherwise prevent or materially delay completion of the Merger.

Appears in 2 contracts

Sources: Merger Agreement (Miami Computer Supply Corp), Agreement and Plan of Reorganization (Gilson H Clark as Trustee of the Gilson Trust)

Failure to Fulfill Conditions. In the event that either of the Parties parties hereto determines that a condition to its respective obligations to consummate the transactions contemplated may not be fulfilled on or prior to the termination of this Agreement, it will promptly will notify the other party. Each party will promptly will inform the other party of any facts applicable to it that would be likely to prevent or materially delay approval of the Corporate Merger, Liquidation or Bank Merger or any of the other transactions contemplated hereby by any Governmental Authority Entity or third party or that which would otherwise prevent or materially delay completion consummation of the Mergersuch transactions.

Appears in 2 contracts

Sources: Merger Agreement (Hudson River Bancorp Inc), Merger Agreement (SFS Bancorp Inc)

Failure to Fulfill Conditions. In the event that either of the Parties hereto If a Party determines that a condition to its respective obligations to consummate the transactions contemplated Merger may not be fulfilled on or prior to the termination of this Agreementfulfilled, it will promptly will notify the other partyParty. Each party Party will promptly will inform the other party Party of any facts applicable to it that would be likely to prevent or materially delay approval of any of the Merger Transactions by any Governmental Authority Entity or third party or that which would otherwise prevent or materially delay completion of any of the MergerTransactions.

Appears in 2 contracts

Sources: Merger Agreement (Cohoes Bancorp Inc), Merger Agreement (Hudson River Bancorp Inc)

Failure to Fulfill Conditions. In the event that either of the Parties parties hereto determines that a condition to its respective obligations to consummate the transactions contemplated may not be fulfilled on or prior to the termination of this Agreement, it will promptly will notify the other party. Each party will promptly will inform the other party of any facts applicable to it that would be likely to prevent or materially delay approval of the Merger by any Governmental Authority or third party or that which would otherwise prevent or materially delay completion of the Merger.

Appears in 2 contracts

Sources: Agreement and Plan of Reorganization (Miami Computer Supply Corp), Reorganization Agreement (Miami Computer Supply Corp)

Failure to Fulfill Conditions. In the event that either of the Parties parties hereto determines that a condition to its respective obligations to consummate the transactions contemplated may not be fulfilled on or prior to the termination of this Agreement, it will promptly will notify the other party. Each party will promptly will inform the other party of any facts applicable to it that would be likely to prevent or materially delay approval of the Merger by any Governmental Authority Entity or third party or that which would otherwise prevent or materially delay completion of the Merger.

Appears in 2 contracts

Sources: Merger Agreement (Usb Holding Co Inc), Merger Agreement (Tappan Zee Financial Inc)

Failure to Fulfill Conditions. In the event that either of the Parties hereto determines that a condition to its respective obligations to consummate the transactions contemplated may not be fulfilled on or prior to the termination of this Agreement, it will promptly will notify the other partyParty. Each party Party will promptly will inform the other party Party of any facts applicable to it that would be likely to prevent or materially delay approval of the Merger by any Governmental Authority or third party or that would otherwise prevent or materially delay completion of the Merger.materially

Appears in 2 contracts

Sources: Merger Agreement (Potters Financial Corp), Merger Agreement (United Community Financial Corp)

Failure to Fulfill Conditions. 37 In the event that either any of the Parties parties hereto determines that a condition to its respective obligations to consummate the transactions contemplated may hereby cannot be fulfilled on or prior to the termination of this AgreementAgreement pursuant to Section 7.1, it will promptly will notify the other partyparty or parties. Each party will promptly will inform the other party or parties of any facts applicable to it that would be likely to prevent or materially delay approval of the Merger and the transactions contemplated hereby by any Governmental Authority Entity or third party or that which would otherwise prevent or materially delay completion of the MergerMerger and the transactions contemplated hereby.

Appears in 1 contract

Sources: Merger Agreement (Byl Bancorp)

Failure to Fulfill Conditions. In the event that either any of the Parties parties hereto determines that a condition to its respective obligations to consummate the transactions contemplated may not be fulfilled on or prior to the termination of this Agreement, it such party will promptly will notify the other partyparty or parties. Each party will promptly will inform the other party or parties of any facts applicable to it that would be likely to prevent or materially delay approval of the Merger by any Governmental Authority Entity or third party or that which would otherwise prevent or materially delay completion of the Merger.

Appears in 1 contract

Sources: Merger Agreement (Greater Bay Bancorp)

Failure to Fulfill Conditions. In the event that either of the Parties hereto determines that a condition to its respective obligations to consummate the transactions contemplated may not be fulfilled on or prior to the termination of this Agreement, it will promptly will notify the other partyParty. Each party Party will promptly will inform the other party Party of any facts applicable to it that would be likely to prevent or materially delay approval of the Merger Merger, the Conversion or any of the other transactions contemplated hereby by any Governmental Authority Entity or third party or that which would otherwise prevent or materially delay completion consummation of the Mergersuch transactions.

Appears in 1 contract

Sources: Merger Agreement (Home Federal Bancorp, Inc. Of Louisiana)

Failure to Fulfill Conditions. In the event that either any of the Parties parties hereto determines that a condition to its respective obligations to consummate the transactions contemplated may not be fulfilled on or prior to the termination of this Agreement, it will promptly will notify the other party. Each party will promptly will inform the other party of any facts applicable to it that would be likely to prevent or materially delay approval of the Merger by any Governmental Authority or third party or that which would otherwise prevent or materially delay completion of the Merger.

Appears in 1 contract

Sources: Agreement and Plan of Reorganization (Miami Computer Supply Corp)

Failure to Fulfill Conditions. In the event that either any of the Parties hereto determines that a condition to its respective obligations to consummate the transactions contemplated may not be fulfilled on or prior to the termination of this Agreement, it will promptly will notify the each other partyParty. Each party Party will promptly will inform the other party Parties of any facts applicable to it that would be likely to prevent or materially delay approval of the Corporate Merger by any Governmental Authority Entity or third party or that which would otherwise prevent or materially delay completion of the Mergersuch transactions.

Appears in 1 contract

Sources: Merger Agreement (North Bancorp Inc)

Failure to Fulfill Conditions. In the event that either any of the Parties hereto determines that a condition to its respective obligations to consummate the transactions contemplated may not be fulfilled on or prior to the termination of this Agreement, it will promptly will notify the other partyParty. Each party Party will promptly will inform the other party Party of any facts applicable to it that would be likely to prevent or materially delay approval of the Merger transactions contemplated by this Agreement by any Governmental Authority or third party Party or that which would otherwise prevent or materially delay completion of the Mergersaid transactions.

Appears in 1 contract

Sources: Stock Purchase and Sale Agreement (Miami Computer Supply Corp)

Failure to Fulfill Conditions. In the event that either of the Parties hereto determines that a condition to its respective obligations to consummate the transactions contemplated may not be fulfilled on or prior to the termination of this Agreement, it will promptly will notify the other partyParty. Each party Party will promptly will inform the other party Party of any facts applicable to it that would be likely to prevent or materially delay approval of the Merger by any Governmental Authority Entity or third party or that which would otherwise prevent or materially delay completion of the Mergersuch transactions.

Appears in 1 contract

Sources: Merger Agreement (Wayne Savings Bancshares Inc /De/)

Failure to Fulfill Conditions. In the event that either of the Parties parties hereto determines that a condition to its respective obligations to consummate the transactions contemplated may not be fulfilled on or prior to the termination of this Agreement, it will promptly will notify the other party. Each party will promptly will inform the other party of any facts applicable to it that would be likely to prevent or materially delay approval of the Merger by any Governmental Authority or third party or that which would otherwise prevent or materially delay completion of the Merger.. AGREEMENT AND PLAN OF REORGANIZATION PAGE 39

Appears in 1 contract

Sources: Agreement and Plan of Reorganization (Miami Computer Supply Corp)