Common use of Failure to Fulfill Conditions Clause in Contracts

Failure to Fulfill Conditions. In the event that Valley or ▇▇▇▇▇ determines that a material condition to its obligation to consummate the transactions contemplated hereby cannot be fulfilled on or prior to March 31, 1999 (the "Cutoff Date") and that it will not waive that condition, it will promptly notify the other party. Except for any acquisition or merger discussions Valley may enter into with other parties, ▇▇▇▇▇ and Valley will promptly inform the other of any facts applicable to ▇▇▇▇▇ or Valley, respectively, or their respective directors or officers, that would be likely to prevent or materially delay approval of the Merger by any governmental authority or which would otherwise prevent or materially delay completion of the Merger.

Failure to Fulfill Conditions. In the event that Valley or ▇▇▇▇▇ Greater Community determines that a material condition to its obligation to consummate the transactions contemplated hereby cannot be fulfilled on or prior to March 31November 30, 1999 2008 (the "“Cutoff Date"”) and that it will not waive that condition, it will promptly notify the other party. Except for any acquisition or merger discussions Valley may enter into with other parties, ▇▇▇▇▇ Greater Community and Valley will promptly inform the other of any facts applicable to ▇▇▇▇▇ Greater Community or Valley, respectively, or their respective directors or officers, that would be likely to prevent or materially delay approval of the Merger by any governmental authority or which would otherwise prevent or materially delay completion of the Merger.

Failure to Fulfill Conditions. In the event that Valley or ▇▇▇▇▇ Merchants determines that a material condition to its obligation to consummate the transactions contemplated hereby cannot be fulfilled on or prior to March 31April 30, 1999 2001 (the "Cutoff Date") and that it will not waive that condition, it will promptly notify the other party. Except for any acquisition or merger discussions Valley may enter into with other parties, ▇▇▇▇▇ Merchants and Valley will promptly inform the other of any facts applicable to ▇▇▇▇▇ Merchants or Valley, respectively, or their respective directors or officers, that would be likely to prevent or materially delay approval of the Merger by any governmental authority or which would otherwise prevent or materially delay completion of the Merger.

Failure to Fulfill Conditions. In the event that Valley or ▇▇▇▇▇ State Bancorp determines that a material condition to its obligation to consummate the transactions contemplated hereby cannot be fulfilled on or prior to March January 31, 1999 2012 (the "“Cutoff Date"”) and that it will not waive that condition, it will promptly notify the other party. Except for any acquisition or merger discussions Valley may enter into with other parties, ▇▇▇▇▇ State Bancorp and Valley will promptly inform the other of any facts applicable to ▇▇▇▇▇ State Bancorp or Valley, respectively, or their respective directors or officers, that would be likely to prevent or materially delay approval of the Merger by any governmental authority or which would otherwise prevent or materially delay completion of the Merger.

Failure to Fulfill Conditions. In the event that Valley or ▇▇▇▇▇ Bancorp determines that a material condition to its obligation to consummate the transactions contemplated hereby cannot be fulfilled on or prior to March 31June 30, 1999 2018 (the "“Cutoff Date"”) and that it will not waive that condition, it will promptly notify the other party. Except for any acquisition or merger discussions Valley may enter into with other parties, ▇▇▇▇▇ Bancorp and Valley will promptly inform the other of any facts applicable to ▇▇▇▇▇ Bancorp or Valley, respectively, or their respective directors or officers, that would be likely to prevent or materially delay approval of the Merger by any governmental authority Governmental Entity or which would otherwise prevent or materially delay completion of the Merger.