Common use of Notice of Certain Changes or Events Clause in Contracts

Notice of Certain Changes or Events. Following the execution of this Agreement and up to the Effective Time, CNB promptly will notify MFC in writing of and provide to it such further information as it shall request regarding (i) any material adverse change in CNB's or Community's respective financial condition, results of operations, prospects, business, assets, Loan portfolio, investments, properties or operations, or of the actual or prospective occurrence of any condition or event which, with the lapse of time or otherwise, may or could cause, create or result in any such material adverse change, or of (ii) the actual or prospective existence or occurrence of any condition or event which, with the lapse of time or otherwise, has caused or may or could cause any statement, representation or warranty of CNB herein to be or become inaccurate, misleading or incomplete in any material respect, or which has resulted or may or could cause, create or result in the breach or violation in any material respect of any of CNB's covenants or agreements contained herein or in the failure of any of the conditions described in Paragraphs 7.01 or 7.03.

Notice of Certain Changes or Events. Following the execution of this Agreement and up to the Effective Time, CNB SSB promptly will notify MFC BNC in writing of and provide to it such further information as it shall request regarding (i) any material adverse change in CNB's or Community's respective SSB’s financial condition, results of operations, prospects, business, assets, Loan loan portfolio, investments, properties or operations, or of the actual or prospective occurrence of any condition or event which, with the lapse of time or otherwise, may or could is likely to cause, create or result in any such material adverse change, or of (ii) the actual or prospective existence or occurrence of any condition or event which, with the lapse of time or otherwise, has caused or may or could is likely to cause any statement, representation or warranty of CNB SSB herein to be or become inaccurate, misleading or incomplete in any material respect, or which has resulted or may or could is likely to cause, create or result in the breach or violation in any material respect of any of CNB's SSB’s covenants or agreements contained herein or in the failure of any of the conditions described in Paragraphs 7.01 or 7.037.02.

Notice of Certain Changes or Events. Following the execution of this Agreement and up to the Effective Time, CNB Bancorp promptly will notify MFC PSB in writing of and provide to it such further information as it shall request regarding (i) any material adverse change in CNB's or Community's respective Bancorp’s consolidated financial condition, consolidated results of operations, prospects, business, assets, Loan loan portfolio, investments, properties or operations, or of the actual or prospective occurrence of any condition or event which, with the lapse of time or otherwise, may or could cause, create or result in any such material adverse change, or of (ii) the actual or prospective existence or occurrence of any condition or event which, with the lapse of time or otherwise, has caused or may or could cause any statement, representation or warranty of CNB Bancorp herein to be or become inaccurate, misleading or incomplete in any material respectincomplete, or which has resulted or may or could cause, create or result in the breach or violation in any material respect of any of CNB's Bancorp’s covenants or agreements contained herein or in the failure of any of the conditions described in Paragraphs 7.01 Sections 7.1 or 7.037.2 below.

Notice of Certain Changes or Events. Following the execution of this Agreement and up to the Effective Time, CNB Centennial promptly will notify MFC Crescent Financial in writing of and provide to it such further information as it shall request regarding (i) any material adverse change in CNB's or Community's respective its financial condition, results of operations, prospects, business, assets, Loan loan portfolio, investments, properties or operations, or of the actual or prospective occurrence of any condition or event which, with the lapse of time or otherwise, may or could cause, create or result in any such material adverse change, or of (ii) the actual or prospective existence or occurrence of any condition or event which, with the lapse of time or otherwise, has caused or may or could cause any statement, representation or warranty of CNB Centennial herein to be or become inaccurate, misleading or incomplete in any material respectincomplete, or which has resulted or may or could cause, create or result in the breach or violation in any material respect of any of CNBCentennial's covenants or agreements contained herein or in the failure of any of the conditions described in Paragraphs 7.01 Sections 7.1 or 7.037.3 below.